The cake attracts a new interest in the crypto field. Over the past day, the price of cakes decreased by 6%, but increased by 8.3%. During the publication, the cake is $ 1.84. This price movement seems to be dependent on some major changes around tokenomics and management.
On April 8, the upper analyst Marco Polo shared an important update about X (formerly twitter): 20 million cake coins, which many people think would be opened, were not only kept, they were re -locked for four more years. Not only that, they also added 5 million coins to the mixture and brought the total lock amount to 25 million. This movement has doubled its supply to 50 million times.
Also read: Why does Bitcoin price and crypto market decrease today?
Marco Polo also said that this re -locking out of the circulation of 4.2 million cakes in a single day. This helped ease the fears about a large sale and even supported the cake/bnb ratio. However, there is another layer, these 25 million coins are now divided between eight wallets, each voting seriously. This reveals some interesting questions about which decisions they will take when it comes to cake pool rewards.
🙌 A new era $ Cake It starts today ☀️
20m $ Cake Everyone was afraid that he would unlock his lock… 5m more – 25 meters locked for 4 years! 🙌🔒
Yesterday, the largest vecake position opened.
– Marco Polo 🥞⛵ates (@Marcopolo2027) April 8, 2025
The entire community kept his breath… Was it sold? Did he withdraw back?
Instead, the coins… pic.twitter.com/cqliyk2s9y
PANKAGEWAP RECOMMENDED DEFLATION AND TOKENOMIC CHANGES
Multiple sources reported a proposal to bring 4% deflation annually for cake. The leading analyst Amcrypto described the offer as a bull, claiming that if Bitcoin remains stable, the price of the cake could rise to the $ 2.20-2.30 range. The tweet said that the deflation plan may lead to an ongoing increase in the event of market conditions.
Also read: AI predicts: What will happen until the end of 2025 of 1,000 sui coin?
The crypto expert Satoshi talks, which further support this view, published details from Packakeswap’s Tokenomics 3.0 offer. The proposal involves simplifying emissions, removing the ecstasy and measuring voting and measuring the vote, and targeting approximately 4% deflation per year. In August 2023, Cake’s highest supply of all time has been burned more than 25 million coins since 399 million.
#Pankagewap shared $ Cake Tokenomic 3.0 offer:
– Target ~ 4% Deflation
– Cake betting, vecec, meter voting and income sharing to simplify property retired
– Cut your cake emissionsIn August, it has been burned for more than 25 meters than total supply since 399 million ADH… pic.twitter.com/j2reczd45g
– Satoshi conversations (@satoshi_talks) April 8, 2025
PANKAGEWAP market structure and technical view
Cake price graphics in the 8 -hour period indicate a symmetrical triangle formation that typically shows a tipping phase. The price is higher and lower by combining it in the contraction range. A new rally for the upper tendency line showed a strong momentum, but sellers remain active at the resistance level of $ 2,20 – $ 2.30.
Also read: 2-year Chainlink (link) support weakens: the price falls more-how low?
Support is currently observed around $ 1.70 – $ 1.80. If the cake is broken above Volume and triangular resistance can extend to the price targets up to $ 2.70 and even $ 3.00. However, if Bitcoin weakens, the price of the cake may encounter a withdrawal towards lower support levels, including $ 1.60.
Cake Community Discussion and Contracts
Although the deflationist shift received support, some concerns were brought to the agenda. Crypto researcher Juapia said that 14 million cakes excluded from the supply (through Cakepie and Strain Dao) could return and balance the last burns. According to this view, the narrative of deflation may not fully reflect real circulating supply dynamics.
An argument of opposing the proposal to terminate the VececE:
There were 14 million $ Cake It was excluded from the supply forever (Cakepie and Straight Dao). This cake will come back. This has canceled the entire burning since September 23.
The offer of the kitchen is contrary to what the kitchen says!
– Juapia 🥞 (@juapia) 9 April 2025
As our governance changes and new Strategies emerge, the price of the cake remains at a decisive stage. The coming weeks may define whether these structural changes turn into continuous price growth or renewed volatility.
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