Cake Monster – Time To Buy Crypto

Is it a good time to buy Cake Monster right now?

Current Price: $0.00091351

Average Daily Volume

Cake Monster is currently ranked number 1196 worldwide with a daily trading volume of $4,886.81, which it will make it not so easy for you to sell your holdings of Cake Monster.

Rating: 0/5

Market Cap

Cake Monster has a total market cap of $5,672,965.00.

Rating: 0/5

Community

Cake Monster has 37,211 total followers in all its social media accounts.

Rating: 0/5

All Time High

Cake Monster is currently -97.35% from its highest price $0.03442554 on 2021-10-20.

Rating: 5/5

Price Potential

The Cake Monster price has the potential to increase to $0.23 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in Cake Monster right now.

Overall rating: 2/5

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What Is Cake Monster?

A Hyper-Deflationary and Dividend-Yielding asset on BNB Chain that introduces a new form of monetary policy.

Cake Monster is a unique and elastic DeFi protocol that works in deflationary two year cycles on BNB Chain. The intrinsic token (MONSTA) value is backed by its non-correlated asset vault reserves (e.g BNB, CAKE), which are largely used to reward holders at the end of each cycle.

While the total token supply is constantly decreasing with every transaction and gamified features, the non-correlated claimable backing value is constantly increasing, creating an interesting dance between future and current demand mechanisms via Staking.

At its core, MONSTA is a Hyper-Deflationary, Dividend-Yielding token with unique reserve mechanisms and a hybrid monetary policy. It aims to combine sustainability, dividend yield, and reward generation with cute memes, NFTs, and gamification.

We have put an additional focus on organic growth and upgradability of smart contracts. A fair and constantly improving ecosystem contributes to the quality and longevity of the project and will help us achieve our goals.

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