Have you checked the chart recently? Something big is on the horizon, and I can smell it in the air.
There's a lot of excitement surrounding Cub tokens and Cubfinance as a whole, and it's been reflected in the price movement. The major talking points are the three IDOs that have investors licking their lips and rubbing their palms together.
This development will take Cubfinance to the next level of Decentralised Finance and will herald even more growth in the project. Right now though, the main focus is on the Initial Dex(Decentralised) offerings that will be coming soon.
The project's team made the bold prediction that these IDOs will be enough to burn the entire supply of Cub available. When you consider Cub's market cap is just shy of $4m, it's really not such a crazy thing to think about.
However, good news travels fast and this has led to many people stacking Cub tokens in anticipation of the burn.
On many occasions, I've talked about how Cub tokens need some injection of demand to get it to the next level. Now, this move promises to burn Cub supply and of course reap dividends for investors but consistency is all that matters.
The development of the project is constantly headed in that direction. In a publication, the team announced that;
We've built CUB IDOs to work in a few different ways. The first CUB IDO use case will be the launch of Polygon CUB.
Our 2nd IDO deal was signed a few weeks ago and will launchpad a dividend token which is an interesting new concept that a few tokens like Kittycake have taken off with.
Our 3rd IDO deal was just signed with another external team that is building a new AMM project (similar in certain ways to Pancakeswap, Pantherswap and Biswap).
This sort of move will invariably lead to more people having Cub exposure and as you know, distribution is good for the network.
Cubfinance is trying to become a consistent and sustainable project. The type of developments, deals, and surrounding information points at a steady growth.
The main focus is ensuring the longevity of the project, rather than short-term mega swings and crumble-type stuff. So, if you're looking to dive into the Cub pool, you might as well dive in at any time because any time is a nice time to enter a consistent project.
