Cub Shines amid Bearish market

in LeoFinance2 years ago

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.
UTcKVtuKoBo.jpg
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.

Sort:  

Hi
When I saw the cub prices it gave me great satisfaction to see them in the green and then I thought of what you had said about buying cub at $1
Though it is much lower from that price however it has started its upwards journey and this is good news indeed. maybe one day we could see $1 per cub

It’s so much joy and delight to see the cub tokens appreciate in value , the apr is mouth watering and it sure does helps at maximizing yield profit a great deal .

Congratulations @zartisht! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You have been a buzzy bee and published a post every day of the week.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Feedback from the October 1st Hive Power Up Day
Hive Power Up Month Challenge 2022-09 - Winners List
Be ready for the 10th edition of the Hive Power Up Month!
Support the HiveBuzz project. Vote for our proposal!