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VietnamPenguin
@vietnampenguin
Just a quick reminder that today at 08:00 UTC, all locked veCAKE will become eligible for 1:1 conversion into CAKE. Currently, around 50 million $CAKE is locked in veCAKE — that’s about $100 million at current prices. Of course, not all of it will be sold on the market right away, but the price doesn’t seem to care about this unlock at all, as it's pushing past the April highs 😅 Maybe soon BNB will be replaced by CAKE as the overflow token in BinanceWallet IDOs. In that case, buying now at any price might be the move...
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