The number of POLYCUB per block is now down to 2. It was 3 a few hours ago but we had another "halving".
In 7 days we will be at one. The scarcity of POLYCUB is certainly moving forward. This is not being reflected in the PC price (in USD) although it does appear to have found a floor, at least on a temporary basis.
Will it start to turn up from here or still head lower? This is the major question for most.
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APY still high, price will have to take a hit but xPolycub price is still holding at $10 and that is the only metric that matters imo.
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I am going to be buying a bit more xPOLYCUB tonight as I do each day. I keep stacking it.
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$9.906
xPolyCUB Value
Dropping a little but it still looks strong!
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I think it will head down lower for now. The APR is still fairly high and I think people are still willing to take profits right now.
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I'm betting on lower at this point. As much as I'd like to see it find a floor, I don't think we've reached it yet. There is a lot of "free" money in this thing at this point and now that emissions are down again, I think you'll see some of that come out. I'm not saying it won't come back up again once PoL and bonding get implemented but...I just think it's probably headed lower in the short-term. I just don't see why anyone would come in and spend outside money to buy it yet.
I like it and I'm a HODLER of some, but I'm going to see what happens before putting anything more into it. If it does what CUB did, then the time to load up will be in a couple months.
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I think I will dollar cost average it as I did with cub, this way if it bottoms soon I win. If it takes longer then I win more later on. At least xcub looks to be pretty stable.
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