Hello lovely people of Hive and leofinance community. Hopefully you will be enjoying your life with good health and spirit. Friends, Cubdefi has observed many twist and turn during its less than 2 year journey.
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There was a time when worth of 1 Cub = $4.73. However, it unable to maintain its worth and currently one Cub is around $0.021. One of the major reason of decrease in Cub worth is due to low demand and more cub emission.
Cub somehow managed to maintain $0.02 from couple of weeks. This is good sign for Cub growth. Cub has already more than 99% down from its all time high worth. Such a dip make Cub a real gem which may shine at any time.
Interestingly burning number of Cub is increasing after the launch of multichain bridge BHIVE & BHBD. Almost more than 1.99 million Cub have been burned out and majority of burning occurred during last couple of months. The way the burning number is increasing and we have more liquidity on Bhive & BHBD it can make Cub a deflationary token which may help to strengthen Cub worth.
Time to hold Cub coins as it may pump during bullish run. Selling Cub at cheap price will not be a wise move. Infact, it is the right time to stake your asset on kingdom for one year and earn 26.4% massive APR. I have already staked 11,000 plus Cub on Cub kingdom.
I invested on Cub when one Cub was around $3. Currently my initial investment is more than 75% down but still I would love to accumulate more Cub as I believe in Cubdefi. 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.