This is the answer from the support team #CAKE for me 🤟 (Currently the price is 2.1$)
🇻🇳 Ad bets are supposed to be researched like this, but there are many groups for each buy and sell order. I don't know why I bought it and why I sold it 🫵
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LIVECSCrypto
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Bullish
The day before #CAKE developed in the direction of inflation. This means that there is a burn, but the amount of additional tokens printed is always greater than the amount burned 🔥
Today $CAKE develops towards deflation. That means the amount burned is always more than the amount printed 🚀
Whether running on an inflationary or deflationary model, the latest proposal that has been approved limits the total supply of cake to be fixed at 450 million tokens ❗
So if the total supply threshold is later reached, Cake will be forced to buy back tokens from the market to serve the project's businesses 🤟
#binance #bitcoin
Today $CAKE develops towards deflation. That means the amount burned is always more than the amount printed 🚀
Whether running on an inflationary or deflationary model, the latest proposal that has been approved limits the total supply of cake to be fixed at 450 million tokens ❗
So if the total supply threshold is later reached, Cake will be forced to buy back tokens from the market to serve the project's businesses 🤟
#binance #bitcoin
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