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Cake time 

The time that you eat cake at a party. You’re already at a party, and the party just got better.
Wow, I thought Bitcoin at $18k was cake time. But now it’s over $50k.
Cake time by Scrugs April 24, 2021

cake time 

When a girl has cake coming out of her anus.
cake time by Doc Sigma August 12, 2003

mom is it time for cake? 

A thing that people named Jason say that makes people around them lose brain cells.
Jason said, mom is it time for cake? And Hannah smacked him