For the first time since I started farming on Cubfinance, Cub token has dropped below $1. I've been holding it since $3, ao I'm not going to pretend like it doesn't suck to see it go down the toilet like this.
In the process, the TVL has dropped below $10m as well, and a number of early "investors" seem to have lost interest in the project. It is also worth noting that the price of the token is also influenced by the dwindling price of BNB and the general market meltdown.
Once again, it sucks to see my token go down the toilet but Cub is reacting to the "crash" in pretty much the same way everything else is reacting. I moved some money to pancake, and I noticed it is also the same situation over there, with cake trading far below the level I bought in.
My entire portfolio value has taken a $6k kick in the balls but I'm not overly bothered because I'm in it for the long haul and the tech. Yes, ladies and gentlemen, it is that time of the year, so read whitepapers and go with the flow of the market.
If you're in panic mode, I suggest you try to keep calm and stay focused on the goal. The market has a self-healing mechanism, however, there's no specification on how long it will take.
The FUD machine is still in full swing, so the bears are winning. The media are constantly spinning anti-crypto stories and so, we'll have to wait out the storm. Stay strong and may the odds be in your favour, that's all I can say right now.
