Hey All,
What is happening with the #KUJI token. It is again on RISE and this time is up almost 30% and is trading above $3+ mark. If we look at the KUJI trading pattern for the week then it has gained almost 100%; Yes the price of #KUJI on November,2023 was around $1.50+ and today its $3.10+ Amazing isn't? So do I #HODL KUJI token becomes the next questions and why I am excited about the price hike?
Firs thing FIRST - so it looks like incentives on the KUJIRA network has been renewed and that has ultimately boosted multiple Liquidity Pools on the Kujira network along with continues improvement to the trading UX for new users to take advantage off.. Apart from that KUJI token has a very limited supply meaning there wont be many KUJI tokens in circulation as the total supply is limited to only 175 Million tokens...
I now regret my decision of selling liquid KUJI tokens last week at a price of half price. I wonder why is it always that the price of the tokens always RISE when we normally exit from it? With me this has become a trend whenever I have exited the token, I see that after some weeks or within a stipulated period of time the tokens normally gains 30 to 40% a minimum. Does this happen with you as well? Coming back to the main topic of do I still #HODL KUJI token? The straight forwards answer is YES, I do HODL 210+ KUJI tokens and they all are staked as seen in the image below taken from the Kujira App.
You can also see that staking #KUJI at the moment has earned me $11+ dollars and they are ready to be claimed. The majority of it is from the NSTK tokens and to be honest I am not sure as to how I got these tokens and my guess is this could be most probably because of the KUJI tokens staked.
And I happily took those 260+ NSTK tokens that was airdropped to KUJI stakers and swapped it for a stable coin on the KUJIRA network with $USK; happy to receive $10 for FREE... So what's the plan ahead with the staked KUJI tokens? For now I thinking to stick around and not unstake KUJI tokens. In past it has given me many tokens via the Airdop and I did cash them out by swapping with either #ATOM or other stable coin. Considering KUJI is on RISE so it will be better off to stay invested. I'll revisit at a later point in time maybe when my total investment is above $1K+ and then my plan is to convert all the dollars here to #HIVE and swap all the HIVE for #HBD and park it in the HBD Savings account to get that sweet APR of 20% here on the HIVE BLOCKCHAIN.... KUJI to the mooon soon... cheers
Have Your Say on #KUJI - HODL Vs SELL?
Did you know about #KUJI? Selling Vs HOLD #KUJI? What are your thoughts on the KUJIRA project overall? Please let me know in the comment section below...
Image Courtesy:: kujira.app, blue.kujira.app, twitter, pro canva, binance
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain & Cryptos and have been investing in many emerging projects..cheers