Hello lovely people of Hive community. Hopefully you will be enjoying your life with good health and spirit. Friends, Crypto winter is getting longer and longer as market still unable to surpass $1 Trillion. At one stage global crypto market was around $3 Trillion but now it has shrinked to less than $1 Trillion. At the time of writing current global crypto market cap is around $ .927 Trillion. Market observd 1.3% dip today. In such situation Cub performaed really well.
source
Leofinance coin observed 14% gain in last 24 hours. During the last 7 days Cub lowest worth was $0.0204 and right now Cub is trading around $0.02607. Almost 28% gain observed in Cub worth in last 7 days. Remarkable gain considering the dip in market.
One of the main reason of increasing in Cub worth is Leofinance team which is working hard to introduce more feature on Cubdefi platform. Burning mechanism and bridging of Hive and HBD into BHIVE and BHBD help to gain investors trust
Right now, more than 1.07 million Cub has been burned. Out of which more than 0.553 million burned during the last 9 weeks. This reveals the massive burning of Cub.
Burning number is increasing. In August almost 206,000 were burned and in September burning of Cub was more than 317,000.
Huge burning help Cub to maintain its worth. Another positive prospect of Cubdefi is its mouth watering APR. Right now stable coin pair on Cubdefi BHBD-BUSD is offering 35.88% APR. Even BHIVE-Cub coin is offering 49.48% APR. Such a massive APR return help to build Cubdefi. Right now, total volume locked across all farms and dens is around $1.469. The good thing is that number is increasing with time. This is actually good sign for the token itself. It will help to win investors.
Cub has already more than 99.5% down from its all time high value. Cub at current price of $0.026 is still pretty cheap. It has tendency to reach $1. who knows even a deflationary token may help to surpass $1 worth. It is good time to invest in Cub and earn decent Cub. It can easily multiply your investment. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.