Cubdefi is Getting More Attractive

It’s just a few weeks ago, Cubdefi launched on Binance Smart Chain, and it’s already getting much attention from Leofinance and Hive Community members as well as investors outside both communities. After the price of CUB went down to below $2, many smart investors came in for farming and staking $CUB. I believe many smarts investors just waited and saw the situation when Cubdefi launched. They got rid of being FOMO. Or they even sold all the $CUB they got from airdrop as LEO holder, when CUB price was very high.

I am pretty sure, they have bought back $CUB when the price was just about $2. Sure, they will get much much more $CUB. It’s a great strategy for collecting much amount of $CUB to stake on dens or farming on a high APR pool like CUB-BUSD pool.

I think CUB at $2 was the bottom price. One who bought CUB that time is so lucky as we know CUB price now is $5. They have earned capital gain more than 100%. Following many investors coming in and the price of CUB is spiking, now the Total Locked Value is about 19 million, almost hit the expected new ATH 29 million. It is so fantastic, isn’t?

I have bought some amount of CUB at around $2, and place them on farming pools. The CUB that I harvested during the week I staked them on dens.

Sold Some CUB to Increase Liquidity
I don’t know is it a good idea to sell some CUB to increase the liquidity on CUB-BUSD pool as I see the pool provide the highest APR and ROI.

Today I sold my CUB at the price of $4.7. I have seen the chart on goswapp, the CUB price is on RSI-14 above 80 in 1 hour range when I sold them. I think CUB price will go down to RSI under 50. I would buy CUB back there. I am not sure the RSI will reach 30 soon, as it looks so bullish now.

If you would like to know the current price of CUB and other coin launched on Binance Smart Chain, just go to Bscscan to get the contract. Just copy the contract of coin there, then paste it to goswapp to analyze the chart there. I am not expert on reading the chart yet. However, I would learn more knowledge on technical analysis.

Conclusion
Cubdefi is really a promising De-Fi project launched on Binance Smart Chain by Leofinance. Leo team are credible, as they have built and developed Leofinance on Hive-Engine to a great success today. That’s why CUB is getting more attractive currently. Its price is going up and TLV is almost 20 mil that show many investors pouring their money into the De-Fi.

Posted Using LeoFinance ^Beta