$BNB has seen impressive gains in this bull market, but why has $CAKE, the DEX that generates the most revenue on the BNB chain, $PancakeSwap, seen its price plummet? Thanks to Binance Web3, Pancake is undoubtedly the biggest beneficiary—its support level remains stable at $2.45, a positive sign for the long term! Currently, $CAKE is experiencing deflation, with a net destruction of ~400,000 coins per week, all thanks to the active BNB chain. Without Web3's support, do you think CAKE would have continued to perform so well? Would capital support have helped propel its price? #CAKE #PancakeSwap #BNB #Web3 #DeFi