Key Takeaways
PancakeSwap’s CAKE cryptocurrency has enjoyed some recovery after the mass crypto sell-off of Feb. 3. The community behind the DEX is still reasonably active, and people are using the platform in greater numbers, making it the largest decentralized exchange by volume .
Since Feb. 3, when it sank to a low of $1.20, CAKE has more than doubled, and on Feb. 13, 2025, it was worth about $2.90.
Let’s now examine our PancakeSwap price predictions, made on Feb. 13, 2025. We will also examine the PancakeSwap price history and discuss what PancakeSwap is and does.
Here are the CAKE predictions made by CCN on Feb. 13 2025. We will use the wave count method to make the predictions. We will add and remove 20% of them to create minimum and maximum targets.
Minimum CAKE Price Prediction | Average CAKE Price Prediction | Maximum CAKE Price Prediction | |
---|---|---|---|
2025 | $1.68 | $2.10 | $2.52 |
2026 | $0.70 | $0.85 | $1 |
2030 | $7.50 | $9.25 | $11 |
The most likely wave count suggests that CAKE completed a five-wave downward movement after the all-time high of $44.33 in 2021. Then, it started an A-B-C corrective structure, where it is currently in wave C.
If wave C has the same length and duration as wave A, the price can reach a high of $5.67 in March 2025.
Then, the CAKE price could begin a similar downward movement as that after the all-time high. During these projected upward and downward movements, the wave count method gives CAKE price predictions of $2.10 and $0.85 for the end of 2025 and 2026, respectively.
Finally, we use the daily rate of increase since launch to make a CAKE price prediction for the end of 2030.
CAKE has increased by 190% in the 1,626 days since launch, and projecting this increase until the end of 2030 will lead to a price of $9.25
The wave count method gives a CAKE price prediction range between $1.68 and $2.52 for the end of 2025.
The wave count method gives a CAKE price prediction range between $0.75 and $1 for the end of 2026.
The daily rate of increase gives a CAKE price prediction range between $7.50 and $11 for the end of 2030.
The weekly chart shows that CAKE bounced last week, validating the $1.55 horizontal area as support. When combined with the increase in August 2024, the bounce created a double bottom pattern (white icons).
This week, the price is setting up to create a massive bullish engulfing candlestick that has nearly taken it to its long-term resistance trend line, which has existed for over two years. The trend line is currently at $4.20.
Combined with the previous two weekly candlesticks, CAKE is creating a morning star, a bullish candlestick pattern often occurring at price bottoms.
Since the bounce, technical indicators in the weekly time frame are also turning bullish. The Relative Strength Index (RSI) just crossed above 50, while the Moving Average Convergence/Divergence (MACD) has nearly made a bullish cross (black circles).
Therefore, the weekly chart indicates the CAKE surge will continue until the price at least reaches the resistance trend line.
The CAKE price prediction for the next 24 hours is bullish. CAKE will likely increase at least until it reaches the long-term descending resistance trend line.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Feb. 13, 2025, PancakeSwap’s ATR was 0.4422, suggesting average volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Feb. 13, 2025, the PancakeSwap RSI was 65, indicating a bullish sentiment.
The Total Value Locked (TVL) to market cap ratio (TVL ratio) measures the valuation of a decentralized finance (DeFi) project by comparing its market capitalization to the total value of assets locked in its smart contracts. This ratio shows the project’s utilization and links the platform’s health to locked asset value.
A ratio above 1.0 indicates overvaluation because the market cap exceeds the value of assets used in the platform. A ratio below 1.0 indicates undervaluation because the market cap is lower than the value of locked assets.
On Feb. 13, 2025, the PancakeSwap TVL ratio was about 0.48, suggesting undervaluation.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but the score will slowly adjust back up as volatility decreases.
On Feb. 13, 2025, PancakeSwap scored 58.3 on the CCN Index, suggesting strong momentum.
We looked at the PancakeSwap price history and found the lowest prices on certain days, months, quarters, and even weeks in the year, suggesting the best times to buy CAKE.
Day of the Week | Sunday |
Week | 8 |
Month | February |
Quarter | First |
Next, let’s examine some key dates in the PancakeSwap price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when making or interpreting a PancakeSwap price prediction.
Time period | PancakeSwap price |
---|---|
Last week (Feb. 6, 2025) | $1.45 |
Last month (Jan. 13, 2025) | $2.33 |
Three months ago (Nov. 13, 2024) | $1.97 |
Last year (Feb. 13, 2024) | $2.60 |
Launch price (Sept. 29, 2020) | $1.37 |
All-time high (April 30, 2021) | $44.18 |
All-time low (Sept. 29, 2020) | $0.0002318 |
Market capitalization, or market cap, is the sum of the total number of CAKE in circulation multiplied by their price.
On Feb. 13, 2025, PancakeSwap’s market cap was $857.6 million, making it the 81st-largest crypto by that metric.
On Feb. 13, 2025, a wallet linked to the Binance exchange held more than 20% of the supply of CAKE.
As of Feb. 13, 2025, the five wallets with the most PancakeSwap were:
Supply and distribution | Figures |
---|---|
Maximum Supply | 450,000,000 |
Circulating Supply (as of Feb. 13, 2025) | 291,517,186 (64.78% of maximum supply) |
Holder distribution | The top 10 holders own 58.8% of the supply as of Feb. 13, 2025 |
In its technical documentation or whitepaper , PancakeSwap claims it allows people to “trade, earn and win.” It says: “PancakeSwap is the leading decentralized exchange on BNB Smart Chain, with the highest trading volumes in the market.”
Decentralized exchanges (DEXes) were created to solve problems with traditional, centralized exchanges (CEXes). Users of decentralized exchanges are not limited to trading with crypto pairs set by a central authority.
PancakeSwap is a DEX based on the Binance (BNB) blockchain, but it can work with coins and tokens from other chains, such as Ethereum (ETH).
The CAKE token supports PancakeSwap.
The PancakeSwap DEX uses liquidity pools to help set prices and keep trades flowing.
The PancakeSwap token fills liquidity pools and the system’s syrup pools. If you put your CAKE in a Syrup Pool, you can earn a reward of more cake simply by letting it stay there and providing liquidity to the token. CAKE holders can also stake their tokens within the system, gaining rewards for delegating certain voting rights across the network.
People can also buy, sell, and trade PancakeSwap on crypto exchanges.
It is difficult to tell. CAKE has been on an upturn recently, so it will be interesting to see whether it can continue to grow.
Something that might be off-putting to potential investors is that PancakeSwap’s founders are pseudonymous. While this is pretty common in crypto – after all, Bitcoin’s founder, Satoshi Nakamoto, is a pseudonym – some people might want accountability in their investments.
As always with crypto, you should do your research before deciding whether or not to invest in CAKE.
No one can tell right now. While the PancakeSwap crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before you decide whether or not to invest in PancakeSwap, you will have to do your research, not only on CAKE but also on similar coins and tokens such as Jupiter (JUP). Either way, you must also ensure you never invest more money than you can afford to lose.
Technical Analysis by Valdrin Tahiri.
It might do, but not for some time yet. Price predictions based on technical analysis suggest CAKE could, potentially reach double-figures in 2030 at the earliest.
Remember that PancakeSwap has not traded above $10 since January 2022.
CAKE fills liquidity pools on the PancakeSwap decentralized exchange (DEX). Holders can stake it in return for rewards. People can also buy, sell, and trade in on crypto exchanges.