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$CAKE Is CAKE Ready For $10? Notably, the token burn proposal also comes when PancakeSwap is undergoing significant changes, including the recent introduction of veCAKE and Voting gauges, whose voting concluded on November 22. With this proposal passing with over 99% community support, veCAKE holders can now vote on where future CAKE farm emissions will be directed. This gives CAKE holders greater governance influence. Supporters maintain that this crucial decision makes the DEX more decentralized and community-facing Ahead of PancakeSwap’s plans to burn 300 million CAKE, prices have been rallying. From the weekly chart, CAKE is up by over 260% from 2023 lows, roaring as demand increases. While bullish, bulls are yet to reverse losses of this year. A critical resistance level remains at around $5. A solid, high-volume break above this line could propel CAKE to around $10 in the coming months.
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$ETC Ethereum Classic (ETC) Set To Soar Over 2,000% By 2025: Here’s Why Ethereum Classic BTC Pairing Showed Strength in the Past ETC’s Bitcoin pairing has shown strength historically, producing a 1,823% rally over just 112 days in 2021. This movement was followed by a 269% surge in 2022. The subsequent period has marked the longest accumulation phase since pre-2020, extending beyond 450 days with minimal price action throughout 2023 and 2024. This extended consolidation period typically precedes substantial bullish waves, with longer accumulation phases historically resulting in stronger subsequent rallies. Ethereum Classic (ETC) could be positioning for a rally in 2025, following its longest accumulation phase in recent history, according to detailed technical analysis by Alan Santana. The cryptocurrency’s historical performance and current market patterns suggest potential for gains exceeding 2,000%. In addition, multiple analysts are highlighting major upside potential. Ethereum Classic BTC Pairing Showed Strength in the Past ETC’s Bitcoin pairing has shown strength historically, producing a 1,823% rally over just 112 days in 2021. This movement was followed by a 269% surge in 2022. The subsequent period has marked the longest accumulation phase since pre-2020, extending beyond 450 days with minimal price action throughout 2023 and 2024. This extended consolidation period typically precedes substantial bullish waves, with longer accumulation phases historically resulting in stronger subsequent rallies. Source: Alan Santana ETC Down over 83% Since ATH Currently trading at $26.8, ETC remains 83.9% below its all-time high of $167.09 reached in May 2021. The weekly trading range of $21.32 to $29.22 provides context for the current consolidation phase. The 450-day accumulation period suggests potential for an exceptionally strong breakout, according to Santana’s analysis. The market typically alternates between fast and slow cycles. Given the rapid nature of the 2021 rally, which lasted just four months, the 2025 moves.
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