Hello lovely people of Hive community. Hopefully you will be enjoying your life with good health and spirit. Friends, Cub is trading around $0.021. Price have remained stable from couple of weeks despite dip in market. Dip in market didn't create adverse impact on Cub worth.
This is actually good sign for the project which is almost 19 months old. Cub has seen many up and down during this tenure. Since its launching in March 2021, Cub observed massive dip in its worth. There was a time when Cub was trading around $3 to $4 and now it is trading around just $0.021. One positive outcome of low worth of coin is that the price remained stable from the couple of weeks.
Stability in Cub worth came after launching of Binance based Hive and Binance based HBD bridges to move your Hive blockchain asset in Binance smart chain.
More burning of Cub is an other reason of stability in Cub worth. As per report almost more than 317,000 Cub has been burned by CUB DAO during the month of September. Last month almost 206,000 Cub was burned. Almost more than 50% more Cub burned during the month of September. This is actually a good sign for Cub itself. More burning will definitely help to strengthen Cub worth.
Cub has burned almost 1.041 million coin since its launching. Out of 1.041 million 0.523 million was burned during the last 2 month which is more than 50% of the total burning. So, the last two month burning is higher than previous burning.
We are lucky that Cub is still cheap. It is a good time to collect Cub at cheap rate. Cub has a great potential. Even a price of $0.5 will make our profit 24x. Time to invest in Cub. 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.
Posted Using LeoFinance Beta
