CUB DAO burns surpass 2.5 million
Introduction of multichain bridge BHIVE, BHBD and Cub buyback and burn proved gamer changer for Cub. Almost more than 2.5 million Cub has been burned so far. Total supply of Cub is above 21 million and 2.5 million Cub has already been burned out. This is massive number and the good thing that number is increasing on each month.

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Cub has faced many twist and turn in its 2 year journey. There was a time when Cub was trading around $4.73. However, Cub unable to sustain its worth and currently it is trading around $0.017. Such a massive dip in price creates a good buying opportunity. One of the main reason of dip in Cub price is more minting than burning. Things are getting changed now. @khaleelkazi disclosed that they will buyback and burn more Cub in the month of March. This may prove game changer for the Cub.
Price of coin depend upon the demand and supply. More supply means less demand and coin drops its value. Similarly high demand increase the price of coin.
Leofinance has made a plan to buyback and burn more Cub than distributing into Liquidity pool. It will make Cub deflationary token. It will automatically reduce the supply of Cub as a result price may goes higher.
Cub at current price is pretty cheap for buying. Cub is almost more than 99% down from its all time high worth. Just imagine if the Cub managed to achieve a worth of $1.7 it will increase your equity almost 100x.
I bought Cub when it was trading around $3. My initial investment is more 80% down. I have managed to earn more than 13,000 Cub from staking. I never sell any Cub coin as I believe in this project. Currently majority of my coins are placed in kingdom which is automatically accumulating more Cub.
Cub has great potential. It may rise again. Time to accumulate more and more 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.
I have a few hundred cub tokens. It's cheap now to accumulate !
I never sell any Cub coin as I believe in this project. - I guess you will keep on accumulating till Cub rises again and that’s what I call relentless doggedness. I’m sure it will pay off in the long run. In our cubs we trust !
Posted Using LeoFinance Beta
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Whatever the current market conditions, such good projects have come down a lot. Told about this project I am also thinking to invest some money in it.
With each Cub burn number we hope that it takes the price higher and closer to our buy price.
With more cub being accumulated our buy price goes down and some point we may be able to get a break even and then be in profit even.