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Thorchain's MCCN launch has been totally explosive, so much so that they are experiencing slight problems because of the huge amount of transactions in such a short time, as asteroids recommended, it is better to wait for all the chaos to pass and take sides when the DEX stabilizes.
And that same excitement for the thorchain announcement, Yesterday, on leofinance there was a lot of support for this great project with tons of explanatory or informative content analyzing what this project entailed and how it would benefit everyone. Even I talked about it, but in my post (now that I read it again) I failed to include a very important point, that knowing it will assure you profit. That is why it is a point that I should explain as soon as possible, and it is about the price of the RUNE the thorchain token and the possibility of replicating the same in cubdefi and the CUB token.
Yesterday while I was writing my article, I noticed how the price of RUNE was reaching historical highs, and I remembered when about 12 days ago @mistakili predicted that RUNE would reach $20, well brother your prediction is close to come true, as at the time of writing this article it is around $16.20, so mistakili's bag is worth around $800, and it will probably keep growing:
I bought 50 pieces of Rune at 3.5$ each. Today 1 Rune is worth around 8$ after bouncing off 9$. My Rune bag is now worth 400$. To be frank I thought getting in at 3$ was quite late,....compared to those who bought in at 0.5$ lol, now I see I'm way earlier than those will buy in at 8$ upward. My projection for the Rune token is 20$ on an average. I admit there are definately more features in the works I don't know about that makes Thorchain stand out and prime for mass adoption, I will keep following the project as well as add to my bag when I can over the next couple of weeks-months...
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Looking at the chart I could see that the price of RUNE literally exploded with a rapid growth of 14% in a few hours after the announcement. Also the trading volume grew at an unprecedented pace, and all motivated by people who do not want to miss the opportunity to gain something from this bull run.
So when I saw and analyzed all that this new function of thorchain implied and saw how it is having a positive impact, I started to think if also all the functions that will be added in cubdefi, will have the same replica of success and growth and I can tell you that I'm 99. 999% sure that the CUB price will also see a notable increase in LTV, daily volume and market capitalization, as the leobridge and kingdoms update will be so well received that it will be like the kindling that will fuel the fire, a fire that we all have been waiting for a long time.
Because if you examine both projects, you will realize that they share some similarities and both are highly strategic in terms of multichain integration. For this reason, when Leobridge and Kingdoms see the light of day, it will be fuel for the engine that drives the CUB and will also attract the attention of users who will take part, so maybe we will see it move up in position and scale up to $5 or $8, which I know will be beneficial to many, so if you are thinking of starting in cubdefi or buying CUB, now is the perfect time as it will cost more later, the RUNE went up in a matter of hours so the CUB will also have a similar growth replica, and I am 99. 999% sure.
This is not financial advice, you must learn to make your decisions based on your personal research.
Posted Using LeoFinance Beta
It's a funny one with Rune - I've got quite a lot of it but I've been pulling my BEP pools recently!
It was fine when Rune was bouncing around $4-6 now I just don't want it all sucked out.
I think Cub will increase in price, but it's still just a BSC Defi project, RUNE moves us away from reliance on BSC - I think maybe that's why it's mooning so hard.
The only question is when to pool on the main net, I don't want all of mine sucked dry too soon!
Posted Using LeoFinance Beta
Hey, I hadn't seen that detail.
And I don't want the pools to dry out either :(
Posted Using LeoFinance Beta
Posted Using LeoFinance Beta