Daily CUB Report | CUB Now Has the Best P/E Ratio in the Entire DeFi Industry - Here's Why the Price is Stable!

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I have spent quite a lot of time recently thinking about the DeFi space. I am really looking at the space with a new lens: viewing DeFi "Tokens" as "Dividend Stocks" in the TradFi stock market.

What's interesting about this is that you can simply take the revenues / income of a protocol and then overlay that to "Dividends" or in CUB's Case: "Buyback and Burns".

A simple P/E Analysis of many of the top DeFi protocols and you can learn quite a bit about how these protocols stack up next to each other.

CUB, for example, has one of the lowest P/E ratios of any project (actually, the lowest of any that I've seen) in the DeFi space.

Remember: A Low P/E Ratio is Bullish.

The lower the P/E Ratio, the higher the revenue is per share of CUB that is circulating. This is a fantastic thing and we see the P/E ratio continue to go lower and lower on a daily basis as more MTB Revenue is developed.

Bridge liquidity sits at $620k today. I am hoping we see $700k+ by the end of October and then perhaps $1M+ by the end of December. This is a fast pace of growth and revenue is growing by many multiples.

If you watch the CUB burn charts - I posted a screenshot at the bottom of this post - then you'll see a sharp increase in the amount of CUB Being Burned.

Add this all up and you can see a very bullish future for CUB ahead. We simply need the bHIVE & bHBD liquidity to trend upwards!

Follow along as I report daily on @cubdaily 🙏🏽

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 first 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).

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CUB Token

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  • Price: $0.02229
  • Total CUB Supply: 18,080,986
  • Total CUB Burned: 1,272,040
  • Total Market Cap: $402,945
  • Total Value Locked: $1,414,034.83

Data Sourced On-Chain

Multi-Token Bridge Stats

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  • bHBD-bHIVE: $117k
  • bHBD-BUSD: $259k
  • bHBD-CUB: $121k
  • bHIVE-CUB: $123k
  • Total: $620k

Data Sourced On CubFinance

CUB Burns

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1.272M CUB Burned! Incredible to witness this pace of growth. Open up the burn chart for yourself and see just how insane we have taken off in terms of CUB getting burned on a daily basis.

Number does in fact go up!

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Further Reading:

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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