As you guys may already know, CUB had dipped all the way down to $1.8 just a couple of days ago. A lot of paws gave up on HODLing and sold then, though today, the expected happened.
CUB rose up to $2.6-2.8 levels in the past day, and today, a lucky person bought the remaining dip. Increasing the price all the way up to $3.5 levels.
Of course, this has also affected the TVL of Cub Finance. I remember when we had dropped below $10m (it was $9.6m at one point) and now, we're all the way back up to $16m -- since this morning, it has been rising steadily.
"Should we cashout this pump?"
Short Answer: ABSOLUTELY NOT.
Long Answer: There is one thing that people are forgetting. A lot of Farm/Den changes are going into effect soon. Not to mention the audit that is potentially due to release sometime real soon. Not to mention the whole "Kingdoms" system that everyone is looking forward to. This "pump" was before those all even happened. So imagining what could happen after those are released, I wouldn't be surprised if we pump all the way up to $10 -- you have to remember, Kingdoms is a really nice feature that does not even exist in most yield farms.
Dear friends. Diamond paws. Continue to HODL, or if you would like to go an extra mile, invest in Den or Farms -- Kingdoms looks really promising and the fact that you can earn multiple tokens with a single investment is definitely going to attract a lot of attention from outside Hive/LEO.
On the other hand, following the previous pumps to Hive, I am honestly expecting another one in the next day or two. Maybe $1.5 this time around?
These are my ramblings for today :)