Bakery Token has broken out of a very long downtrend and a wedge pattern. At press time, it was trading for $1.38 with a 24-hour trading volume of $1.2 million.
If you are attracted to unique features and want to learn how and where to buy BAKE, this guide is for you.
Top places to buy BAKE now
Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Swapzone
Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.
What is BAKE?
The token is a part of the Bakery Swap ecosystem, which rewards liquidity providers in it. A 0.30% fee on all trades and swaps is charged, of which they get 0.25%. They can use BAKE to earn a portion of Bakery Swap’s trading fees and to take part in governance and voting.
Bakery Swap is a decentralized AMM protocol running on BSC. Rewards in BAKE are offered in multiple liquidity pools, which include BTC, ETH, BUSD, DOT, LINK, and BNB.
According to the official website, the BAKE-BNB pool can be anticipated to offer ten times the rewards provided by other pools.
Bakery Swap has liquidity pools with BAKE rewards and without them so the community is encouraged to create new pools. Only specific pools feature rewards in BAKE.
Should I buy BAKE today?
Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.
BAKE price prediction
Analysts are divided on BAKE. GOV Capital predicts a wild bull run, with the coin breaking $6 in one year. In 5 years, they expect BAKE to reach $38.32.
On the other hand, Wallet Investor forecasts BAKE will drop to $0.2, equivalent to a loss of nearly 87%.
BAKE on social media
#bakeusdt #BakeryToken #bakeusd #BAKE
Maliyetim : $1.37 😉 pic.twitter.com/5MnuiWSW15
— Mesut Türk (@mturk02) March 31, 2022
The post Bakery Token is rallying, up 60%: here’s where to buy BAKE appeared first on Coin Journal.