CAKE: Will it go back to $1.50?

Pancakeswap was originally built on the BNB Chain and allows users to trade tokens without using a centralized exchange. It provides an array of products, such as:

An exchange to swap tokens
A yield farm to earn rewards
Syrup pools to stake CAKE tokens
Ethereum liquid staking (wBETH) and simple staking
Pancake Protectors game
v3 position manager (new feature)
A prediction market
Initial Farm Offering (IFO) token launches
A bridge to bridge CAKE to Ethereum and Aptos
A lottery
An NFT marketplace