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Coin Bureau: CAKE will fall

Said on Jun 5, 2023, at 19:30 in the video.

What was said
Coin Bureau

@coinbureau

“it was recently squeezed down to its lowest price since listing on binance and this downward momentum is showing no signs of slowing down”
Watch at 19:30Crypto News: Ethereum Worries, Atomic Wallet Hack, INJ, LDO, & MORE!!
PredictionCAKEwill fallChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$1.57

Jun 5, 2023

Price at close

$2.95

Jun 4, 2024

Return

+87.7%

Bitcoin +174.2%

CAKE closed at $1.57 on Jun 5, 2023. On Jun 4, 2024 it closed at $2.95, a return of +87.7%. BTC returned +174.2% over the same window. The call was that it would fall.

30 days

Correct

90 days

Correct

180 days

Incorrect

1 year

Incorrect

Details and evidenceReport a problem

The window it was checked over

CAKEWindow checked
$0$1.00$2.00$3.00$4.00$5.00$6.00Dec 2022Apr 2023Aug 2023Dec 2023Apr 2024Aug 2024Said on Jun 5, 2023
$0$1.00$2.00$3.00$4.00$5.00$6.00Dec 2022Jun 2023Jan 2024Aug 2024Said on Jun 5, 2023

CAKE closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

Result at every window

All windows are shown, so none is picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-DIR v4Correct$1.57Jun 5, 2023$1.51Jul 5, 2023−3.7%Bitcoin +18.6%
90 daysR-DIR v4Correct$1.57Jun 5, 2023$1.23Sep 3, 2023−21.7%Bitcoin +0.9%
180 daysR-DIR v4Incorrect$1.57Jun 5, 2023$2.37Dec 2, 2023+51.0%Bitcoin +53.3%
1 yearR-DIR v4Incorrect$1.57Jun 5, 2023$2.95Jun 4, 2024+87.7%Bitcoin +174.2%
3 yearsR-DIR v4Correct$1.57Jun 5, 2023$1.25Jun 4, 2026−20.5%Bitcoin +148.3%
5 yearsR-DIR v4Pending——Jun 3, 2028——
Why: 30 days

CAKE closed at $1.57 on Jun 5, 2023. On Jul 5, 2023 it closed at $1.51, a return of −3.7%. BTC returned +18.6% over the same window. The call was that it would fall.

Why: 90 days

CAKE closed at $1.57 on Jun 5, 2023. On Sep 3, 2023 it closed at $1.23, a return of −21.7%. BTC returned +0.9% over the same window. The call was that it would fall.

Why: 180 days

CAKE closed at $1.57 on Jun 5, 2023. On Dec 2, 2023 it closed at $2.37, a return of +51.0%. BTC returned +53.3% over the same window. The call was that it would fall.

Why: 1 year

CAKE closed at $1.57 on Jun 5, 2023. On Jun 4, 2024 it closed at $2.95, a return of +87.7%. BTC returned +174.2% over the same window. The call was that it would fall.

Why: 3 years

CAKE closed at $1.57 on Jun 5, 2023. On Jun 4, 2026 it closed at $1.25, a return of −20.5%. BTC returned +148.3% over the same window. The call was that it would fall.

Why: 5 years

Not yet resolved. The window closes Jun 3, 2028.

What was said around it

average suggests the latter when it comes to Maxi's MX token it's not entirely clear why it's pumping it appears to be related to the exchange's recent meme coin listings because MX is an exchange token there's not much point in analyzing its price because it ultimately depends on what Maxi is doing and finally we have pancake swaps cake token which appears to have pumped in response to the news that the decks had launched a crypto game called pancake protectors to be blunt cake looks 10 times worse than qnt on the weekly chart it was recently squeezed down to its lowest price since listing on binance and this downward momentum is showing no signs of slowing down I suspect this has something to do with the continued decline in busd's market cap now as a reminder if you enjoy these weekly best performers then you have to subscribe to our Insider telegram Channel there you get a daily rally report of the best performing coins link is of course in the description and that is all for today's coin Bureau weekly crypto review so if you enjoyed it you know what to do hit that like button subscribe button and Bell icon too if you're looking to help those games grow then the coin Bureau deals

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

See all

Coin BureauCAKEwill rise

“this will hopefully help with Cake's longer term price action which is the direct result of pancake swap's insanely inflationary tokenomics”

Apr 25, 2022 · after 1 year

Incorrect−68.8%