Cake MonsterMONSTA
$0.00223
Market/Exchange
MONSTA Price Prediction and Price Movement
MONSTA is up 130.02 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of MONSTA can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, MONSTA has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on MONSTA's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Cake Monster Price Chart
About Cake Monster
A Hyper-Deflationary and Dividend-Yielding asset on BNB Chain that introduces a new form of monetary policy.
Cake Monster is a unique and elastic DeFi protocol that works in deflationary two year cycles on BNB Chain. The intrinsic token (MONSTA) value is backed by its non-correlated asset vault reserves (e.g BNB, CAKE), which are largely used to reward holders at the end of each cycle.
While the total token supply is constantly decreasing with every transaction and gamified features, the non-correlated claimable backing value is constantly increasing, creating an interesting dance between future and current demand mechanisms via Staking.
At its core, MONSTA is a Hyper-Deflationary, Dividend-Yielding token with unique reserve mechanisms and a hybrid monetary policy. It aims to combine sustainability, dividend yield, and reward generation with cute memes, NFTs, and gamification.
We have put an additional focus on organic growth and upgradability of smart contracts. A fair and constantly improving ecosystem contributes to the quality and longevity of the project and will help us achieve our goals.
Information https://docs.cake.monster
Whitepaper https://cake.monster/whitepaper