The price of CAKE surged over 20% today, forming a notable God candle that drove it to an intraday high of $2.63. This bullish movement brings the cryptocurrency’s weekly gains close to 70%. The daily trading volume of CAKE has also tripled to around $1 million, reflecting heightened interest from traders. Understanding the trends driving this growth could provide valuable insights into market behaviors. As the crypto space remains volatile, evaluating the factors influencing CAKE’s price could yield beneficial knowledge for future trading strategies.