2026-01-12 17:26:09

Who can explain this to me! As a leading project in the decentralized ecosystem, CAKE's recent operations have really confused many people. The official frequently releases burn announcements, and the community is full of voices like "deflation benefits, hold firm," but the price of the coin seems to be glued to the floor—it's not only not rising, but occasionally plunging.

Today I want to seriously discuss this issue—don't be fooled anymore by the theory of "burning leads to price increase." Having watched the crypto market for so many years, I found that the strange phenomenon of CAKE's "good news not leading to a rise" is fundamentally rooted in those seemingly impressive burn data behind the scenes.

Let's start with a basic logic: the principle of token burning sounds simple—reduce supply, increase scarcity. Under stable demand, decreasing circulating supply should naturally push the price up. It's like water becoming less; each bottle of water should become more valuable. But there's a crucial prerequisite: you must burn tokens that are actually circulating in the market, not those sitting in warehouses or tokens that haven't entered the trading market at all.

Looking at CAKE's real data makes this clear. The total supply of this project is 680 million tokens, but only 270 million are actually traded by retail investors and institutions in the market. The remaining 410 million are in non-circulating status—some are in the project's treasury, some are locked as incentive tokens. The problem is this: the official daily promotion of "burning benefits" is actually burning exactly this part of tokens that haven't entered the market yet.

It's like a bubble tea shop shouting, "Burn 100 cups of milk tea every day to increase scarcity," but in reality, they are burning stock that was never meant to be sold. For the portion of goods that are already circulating in the market and truly affecting the price, it has no real impact. CAKE's burning operates on this logic—burning non-circulating tokens doesn't significantly change the supply structure of the actual circulating market, and the number of tokens held by retail investors and the overall circulation pressure still exist.

To put it plainly, this kind of "virtual burning" is at best a psychological expectation management tool, not backed by real assets to support the price. To truly make the token appreciate through burning, it must burn tokens that are actively trading in the market, not those hidden in the bottom of the deck.

CAKE2,23%

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orphaned_block

· 4h ago

Haha, got caught up in the pump and dump, destroying those coins that never actually circulated—purely a numbers game. Are all the destroyed coins just inventory coins? That's outrageous, no wonder the price won't move at all. This is the legendary "virtual destruction," I was wondering why it’s all positive news every day but the price stays flat on the floor. Exactly, only circulating coins matter, destroying inventory coins is pointless. The official move is really impressive, using uncirculated coins as a sleeping pill for the retail investors. Is CAKE just playing everyone for fools? Destroying uncirculated coins and still boasting about it. It's really like a bubble tea shop's logic—destroy 100 cups of inventory, but the market still has so many drinkers. I've known for a long time that the destruction data is fake; the key is to watch the circulating supply pressure. This is what it means to tell stories with data—retail investors should have learned to see through this trick by now.

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GmGmNoGn

· 23h ago

Wow, so that's how it is. No wonder CAKE has dropped so badly; I thought I misunderstood something. The destruction only involves inventory coins. Isn't this just telling a story to the retail investors? The truly circulating supply is only 270 million; the remaining 410 million are just lying around. When this data came out, I was stunned. The milk tea shop analogy is perfect. The official move is definitely a covert way of cutting.

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RunWithRugs

· 23h ago

This is just a cover-up. Destroying inventory coins and destroying circulating coins are two completely different things. The 410 million coins have never even entered the market. I'm already tired of this fake destruction trick. The price still drops, which shows the market is well aware. The milk tea shop analogy is spot on. The officials are just playing word games to deceive retail investors into holding. This round of operations is truly outrageous. How can the price rise if no money is coming in? Wait, so these destruction announcements are just information warfare? The market's reaction has already shown everything. It seems many projects are using this routine. Looks like good news on the surface, but it's all fake. The pressure from the 270 million circulating coins is still there. Burning 410 million is pointless. Honestly, it's useless.

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CommunityJanitor

· 23h ago

I've been broken, all destroyed are inventory coins, no wonder the price remains unmoved --- It's another fake destruction tactic, genuinely circulating coins haven't decreased at all, no wonder retail investors are getting cut --- Well said, that milk tea shop analogy is very vivid, CAKE is played like that --- Total supply of 680 million, 270 million in circulation, the remaining 410 million are air burns, I laughed --- Psychological expectation management sounds very sophisticated, but it's actually just a prelude to cutting leeks --- Officially touting destruction benefits every day, but the destruction has no real impact on the price, isn't this a scam? --- Circulating coins haven't decreased, yet they want the price to rise? Where in the world is such a good thing? --- Fake destruction, a good name, but it's just a numbers game --- The key problem has been identified, the destroyed coins have never been in circulation, which is useless to retail investors --- This analysis is thorough, finally understanding why good news actually caused a plunge

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ThatsNotARugPull

· 23h ago

Bro, what's the difference between destroying inventory coins and dumping? I've seen this trick way too many times. --- It's that fake "destruction" again, so ridiculous. The official is still just self-indulging. --- Wait, does this mean CAKE only sold 270 million? What about the remaining over 400 million? Are they slowly dumping? --- This is classic data falsification. Destroying data makes the price look good, but actually causes it to fall. Wake up, everyone. --- So the underlying logic is just to scam the little guys. No wonder this feels so familiar. --- Fake destruction... sounds just like a variant of false advertising. The project team really knows how to play. --- Destroying inventory coins is the same as not destroying them at all. Market pressure is still there. --- I’ve said it before, destruction doesn’t necessarily mean good news. It seems many still haven’t gotten it. --- A total of 680 million with only 270 million in circulation—that’s almost half of the little guys getting cut.

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