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This is considered an excellent item at the beginning of the game. The player could collect several Goomnuts, and then cook them at Toad Town. Another benefit is Goomnuts are free, meaning cooking Nutty Cakes are a way to save coins, as they can be used as a replacement for Maple Syrups (which restores the same amount of FP as the Nutty Cake).
One of Koopa Koot's favors involves his asking Mario to bring him a Nutty Cake.
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