Daily CUB Report | Total CUB Burned is Approaching 2,000,000

over 1 year ago

We're quickly approaching 2M CUB burned and this has only continued to outpace what any of us believed to be possible.

CUB is growing. In the midst of one of the worst bear markets in crypto history where projects and exchanges are blowing up left and right... CUB is growing.

We already priced in the dramatic fall of CUB. We saw what happened when inflation got out of control.

Now we see what happens when inflation is reigned in. When CUB is generating more revenue with each passing day.

What we're experiencing now is a high revenue project. One with blue-chip dividend level P/E ratios but tech growth stock levels of liquidity and revenue growth month-to-month.

These are things you love to see!

Follow along as I report daily on @cubdaily 🙏🏽

Focus of the Day

Right now I am deploying my focus to growing the TVL in the MTB pools.

The recent downtrend of the market has dragged down the dollar value of this TVL but the amount of actual token assets in them has only grown. This means that a return to market pricing prior to the FTX blow-up will equate to us seeing far higher TVLs in the Multi-Token Bridge pools.

I am excited to see this takeoff!

One other incredible thing: growth in a bear market. Achieve that and we'll be reaping massive rewards in the bull market to come!

P/E Analysis of CUB

Here's a new section I'm trying out. I decided to run a P/E analysis of CUB using data from each Monthly Burn Report posted by @leofinance. Check out the second analysis I ran and leave a comment below with your thoughts.

Keep in mind that a low P/E ratio is good. It means that the revenue that CUB is generating each month is increasing faster than the CUB price is increasing (more revenues earned per share of CUB).

CUB Token

Price: $0.02138
Total CUB Supply: 18,599,561
Total CUB Burned: 1,462,469
Total Market Cap: $399,538
Total Value Locked: $1,348,203.87

Data Sourced On-Chain

Multi-Token Bridge Stats

bHBD-bHIVE: $138k
bHBD-BUSD: $227k
bHBD-CUB: $131k
bHIVE-CUB: $117k
Total: $613k

Data Sourced On CubFinance

CUB Burns

CUB Token 2.png

Burns are continuing to grow. I'm still anticipating close to 2M total CUB burned by the end of November!

About CubDaily

I'll be using this account to report on the CUB stats each and every morning. Together we'll track the growth of CUB under the completely revamped ecosystem that LeoTeam has built called the Multi-Token Bridge.

Posted Using LeoFinance ^Beta

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