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PancakeSwap reached its highest recorded price of $43.96 on April 30, 2021. Since then, the price has declined that peak — today it trades at $1.59, a -96.38% move from the all-time high.
To reclaim its record, CAKE would need to gain 2664.8% from current levels — a 27.65x move. This is the classic “recovery math” of drawdowns: a 50% drop requires a 100% gain to break even, a 75% drop requires 300%, and a 90% drop requires 900%.
On the downside, the all-time low of $0.1944 was set on November 3, 2020. From that floor, CAKE has returned +717.73%.