Words
58
Reading
1 min
Listen
Play
3y
One of the main reason of dip in Cake price are excessive minting than burning and unstaking of Cake coin. --excessive minting without a corresponding reduction through burning can have negative implications on a cryptocurrency's value, decentralization, and scalability. Therefore, it is essential to ensure that the supply of a cryptocurrency is appropriately managed to avoid these issues
RE: Cake observed 94% down from its all time high worth