[UPDATE CAKE] What can happen?

2 Kas 2022

Cake move:

Short term:
1) small pump up to 5.5-6$, deviation, dump
2) dump to the mid-range of the small range (3.5$), pump to 8-9$, then dump

Long term:
1) deviation, consolidate in the 1.5-2.5$ range, initiate new pump
2) consolidate in the 1.5-2.5$ range, final dump to Jan 2021 prices, consolidation, initiate new pump

This is true for cake and for many other alts.

2 Kas 2022

Not

2 Kas 2022

Not