Hello lovely people of Hive community. Hopefully you will be enjoying your life with good health and spirit. Friends, Cub DAO burning has massively incrased after the introduction of BHIVe and BHBD multichain bridge. Cub DAO burning is about to touch 2 million Cub. Current burning cub is around 1.969 million. Hopefully Cub will achieve the 2 million burning in current month.
Cub has observed massive dip in its less than 2 years journey. Cub which at one stage achieved all time high worth of $4.73 observed massive dip. Currently Cub is trading around $0.0183. It is one of the all time lowest price.
The way the burning number is increasing one can assume that Cub will be a deflationary token one day. Total Cub supply is around 19.6 million. Almost 10% of Cub token have already been burned.
Cub has bright future. It will pump up during the next bull run. Cub at current price is a good buying opportunity. I am not a financial expert but the way the burning number is increasing, i am sure that it will perform well during the next bull run.
I purchased Cub coin around $3. Right now my investment is more than 75% down. I will not only hold my Cub but also try to accumulate more Cub as I believe in 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. Have a nice time.