- CAKE price jumps 50% after PancakeSwap launches the new CAKE.PAD platform.
- All CAKE fees from token launches get burned, creating strong deflationary pressure.
- Technical indicators show bullish momentum with potential targets between $4.30 and $4.50.
PancakeSwap’s CAKE is on fire. The coin recently soared more than 7% in 24 hours, with trading volume jumping by nearly 87%. Over the past week, CAKE has rallied close to 40%, extending monthly gains to an impressive 50%. The surge reflects growing investor confidence after PancakeSwap introduced a powerful new feature, CAKE.PAD.
CAKE.PAD Sparks Market Excitement
The recent CAKE rally began soon after the launch of CAKE.PAD, a simplified token launch platform designed for early-access events. This feature replaces the older Initial Farm Offering system with a cleaner, more efficient design. To join, users only need to hold and commit CAKE during an event—no staking pools or lock-up periods required. Once an event concludes, participants can instantly claim their new tokens.
The entire process feels effortless, turning what was once complex into something as smooth as a pancake flip. Analysts say the platform could attract fresh users seeking fairness, simplicity, and quick participation. The new feature also strengthens CAKE’s deflationary model . Every fee collected through CAKE.PAD will be permanently burned, shrinking supply and increasing scarcity.
Each transaction becomes a small fire that keeps CAKE’s value engine running hot. The result is a system where community participation directly contributes to long-term price stability. Additionally, CAKE.PAD introduces flexible participation. Users can now join multiple token events at once, without restrictions on commitment amounts. To prevent overcrowding, PancakeSwap will apply a tiered tax structure for oversubscribed events, maintaining fairness and balance in the process.
Technical Outlook: Bulls Take the Wheel
CAKE’s chart paints a clear picture of bullish control. The price has been moving within a rising parallel channel since early 2024, consistently forming higher highs and higher lows. Recently, the token tested resistance around $3.80 to $4.00 before pausing for breath. Bollinger Bands are widening, showing increased volatility as prices stay above the middle band near $3.00.
This indicates ongoing buying strength. The Relative Strength Index sits at 67, slightly below overbought levels, signaling that buyers still have fuel left. Momentum indicators confirm the trend. The MACD recently turned bullish as the MACD line crossed above the signal line. The histogram bars continue to rise, reflecting growing confidence among traders.
Meanwhile, the Chaikin Money Flow reading of 0.13 shows consistent capital inflows—money is flowing in, not out. If Bitcoin corrects or short-term profit-taking occurs, CAKE could pull back toward $2.70. However, a breakout above $4.00 would likely accelerate the rally toward $4.30–$4.50. Analysts believe that such a move could solidify CAKE’s position as one of the top-performing DeFi tokens this quarter.
