CubDeFi is the first-ever DeFi project by the @leofinance team and this is built on the BSC (Binance Smart Chain). It was launched during the crypto bull run cycle and at that time its price was so high. With this project, the hive community has got its own DeFi protocol to invest in and it was launched all of sudden with no prior announcement.
This project is still alive however the token price is low which could be because of certain reasons that include the current market situation which has resulted in the low price. Usually when the price is low then many people lived platform since they are not able to earn more on the investment. The total log value in the platform is 930k USD. This value is pretty close to 1 million and we can say that people still believe in the project. This is not a small amount and if the community decide to withdraw all the funds then it would have dropped drastically but it did not happen. It shows that the community is still with the project and this is a good reason to stay with it.
Cub Price
The current price value for the CUB token is less than two cents which is undoubtedly the bottom for this. We cannot predict the price whether will be going up or down because the market is not in that situation when we can think about doing some analysis-based prediction. I am still confident that the team must be doing something to bring back the value of this platform which could be just a matter of time. I hope they do it soon so that this platform will feel good about the investment.
Investing in something that is already at a lower price can be a risky decision but if we are sure about the team and we know that they are working to bring back the value then a decision can be taken. Now since the token has already reached its bottom so there is hardly any scope for the price to go down and the probability of a price increase is high.
New StableCoin Pools Added
Maine new pools are added and even it has got a pool for stable coins which means we need not worry about the value of fluctuation or the impermanent loss. Even with BHBD and BUSD one can easily or more than 26% if you are which I think is good that also comes with a multiplier of 60.
Now this time the price is low then it is difficult or not because many people do not think that the project is not going to revive. I expect that this is a because of the market situation and we can call it just a matter of time because once things are back to normal in the crypto market then probably we are going to see a spike in value. But one has to understand that this investment is going to be father long term and you cannot expect the returns in the next few months I believe. If you have patience for at least one year or maybe more than 1 year then I am sure the probability is to get a profit through investment on this platform.
There has been no big update about this for some time and maybe someday they come out all of a sudden with great update which can boost the price. I hope they are working behind the scene and this is pretty much needed to bring some value back on the token price.
Thank you so much
Stat Safe