Let's talk about CAKE: From "Unwanted" to "Can It Work"?

A few years ago, CAKE was honestly in a terrible state. Back then, it faced three major challenges: First, the BSC blockchain wasn't popular at the time, and as a leading application, CAKE's pool was dry, and all the fish had died; second, it lacked the ability to generate alpha, couldn't make money, and people didn't want to use it; third, neighboring UNI offered fee-free trading, so who would bother with CAKE? These three issues directly kept CAKE on the ground, suffering immensely.
But now, looking back, those three problems have actually been lifted. The on-chain ecosystem has recovered, funds have returned; CAKE's own mechanism has been improved, and it can now generate revenue; the UNI dividend wave has long passed. In other words, those deadly negative factors from the past have now been alleviated.
So what's left? Essentially, it's just everyone's "grudge" against its past, thinking the user experience is average or lacking confidence in the project team. But precisely because it was so weak before, the price was firmly kept at the bottom for years, grinding away those who wanted to leave or were afraid to leave. The continuous price decline was also partly due to token issuance.
We often say "how long it is horizontally, how high it is vertically." Since the worst times are behind us and the price is still lying at the bottom, isn't that an opportunity? As long as the project team doesn't mess around and with this wave of fundamental improvements, this "old coin" that has been waiting at the bottom for a long time, once it starts moving, its explosive power can be quite shocking. We've been watching it lie on the ground for years, now it's finally time for it to stand up and stretch.