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Technical analysis by Suhulo about Symbol CAKE: Buy recommendation (3/6/2025)

https://sahmeto.com/message/3298688
Suhulo
Suhulo
Rank: 1259
2.6
Buy،Technical،Suhulo

BNB chain upcoming forks significantly reducing block times, increase TPS and decrease fees!The Pascal hard fork in March 2025 is a big milestone in BNB Chain’s evolution setting the stage for the two upcoming BNB Chain forks:1. Lorentz (April 2025): Reduces block intervals to 1.5 seconds2. Maxwell (June 2025): Further reduces block intervals to 0.75 secondsVery bullish for all BNB chain projects and it´s main token BNB and defi platforms like CAKE. Finally Ethereum compatible chain's direct hit to Solana's heart and it's performance. The Maxwell fork in June will be game changer for crypto industry.Almost instant defi experience with decreasing Ethereum activity might lead to 2025 be a BNB chain season.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$3.56
Stop Loss Price
$1.59
Price at Publish Time:
$1.79
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