Uni skyrocketed, does the Bake project, which is also a Defi, have potential?

Mondo Finance Updated on 2024-02-28

The information and opinions in this report are for informational purposes only and do not constitute advice or investment advice on any contracts or other investment instruments.

Hello everyone, I'm Brother Guang, today I will talk about a coin called bake, bread coin, the first issuance time is September 24, 2020, and the opening price on the first day is 0$13, matcha on the line** is 0The current price of 8u,b amp is 041。It is the platform currency of BakerySwap, with a total amount of 27.7 billion, of which 99% is produced through user mining, and only 1% of the team is generated linearly with mining. In fact, if you want to talk about Bake, it is mainly because of NFTs. Nowadays, when talking about NFTs, Bake is specifically mentioned. As we all know, BinanceBakerySwap is the first automated market maker on the BSC chain to offer a balanced currency liquidity pool. Overall, compared to its DeFi, BakeSwap is the second leader in DeFi on BNB, second only to Cake. The benchmark is Sushiswap on the ERC-20 chain. The main thing is that the current ** is very low 041u, after experiencing the wave of bankruptcy can still survive and has an upward trend, Brother Guang inferred that the **space should still be good, if Bitcoin rises to more than 150,000 US dollars,

Then the probability of BAKE breaking through $10 is still very high. After all, the project party has a large and single wealth, and the market value is small, and it is easy to pull up. The disadvantage is that the process of holding coins tests the mentality, and most ecosystems are under development, with more uncertainties.

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