Technical analysis by A3MInvestments about Symbol CAKE: Buy recommendation (9/28/2025)

#crypto #binance #coinbase #pancakeswap 🍰CAKE Token. Recent growth is driven by updates to the PancakeSwap platform. PancakeSwap is one of the world's largest decentralized exchanges (DEX), operating on the BNB Smart Chain (BSC) blockchain, as well as Ethereum and Aptos. Unlike centralized exchanges (like Binance or Coinbase), it allows users to trade cryptocurrency directly with each other through smart contracts, without having to trust funds to an intermediary. The core business model is based on an automated market maker (AMM). Users provide liquidity by depositing token pairs into special pools and are rewarded with trading fees and CAKE tokens. The CAKE token is the core of this ecosystem and serves several key purposes: CAKE holders can participate in voting, determining the future development of the protocol. Tokens can be staked in special pools to receive regular rewards. CAKE is used for lotteries, Initial Farm Offerings (IFOs), and, most recently, for betting on prediction markets. In September 2025, the PancakeSwap team announced the expansion of the Predictions market to Bitcoin (BTC) and Ethereum (ETH). This feature allows users to bet with CAKE on the price movements of the two major cryptocurrencies. A 26 million CAKE token burn was recently conducted. This measure is aimed at reducing the circulating supply, which, all other things being equal, could exert supportive pressure on the price. The platform has demonstrated growth in key metrics: the number of users has reached approximately 4.4 million, and the total value locked (TVL) has exceeded $3.1 billion. Recent major updates, v3 and v4, have introduced innovations such as "concentrated liquidity." PancakeSwap liquidity tokens can be used as collateral Lista DAO Significant downsides include: Although the project has expanded to other blockchains, it remains heavily tied to the BNB Chain ecosystem.🌎we close the idea in CAKEUSDT at 3,256 Days 6⚡️ 26%🔥