Is Smart Money Accumulating CUB Before the Next Big Leg Up?

in LeoFinance3 years ago

I think so.

Judging by the way price acted at the 1.8-2.2$ levels, we seem to have found our bottom and we are currently on our way up to newfound glory. The ride from the top all the way down to 1.8$ was not an easy one. Especially if you bought close to the top and haven't sold some cubs on the way down to adopt even more of them later on when they are less desirable. After peaking at around 13$, CUB's downfall was to be expected with such insane inflation at the beginning, but not many have managed to take advantage of this.

On the contrary, a lot of people got their weak-ass hands shaken out of the game, tapping out at a loss once again.

GG anon.

Cub-Finance-Meme.png

Sentiment is the lowest at the lowest point of the chart

When the price plummets by double-digit percentages, that's when most people wouldn't touch that coin with a stick, let alone buy it. Those who hold through such an event can't take the pain anymore so they start looking into selling the hot potato as soon as possible before their initial investment turns to zero.

Smart money plays against this pleb mentality knowing that acting from an emotional mindset will lead to bad decision-making and subsequent lousy trades. After accumulating all the way down, smart money started making some big moves lately. Having read and fully understood the last update, some players got a major edge over the rest. Their conviction about what this update means for the price of CUB is evident by a 50% pump following the post-release.

Don't know what I'm talking about?

Let me explain. In their most recent post, @leofinance mentioned among other things, that many farms/dens will be removed.

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As you can see quite a lot of them will be removed. No biggie right?

Wrong

While some will simply overlook this fact, others will realize what this means for the yields we are farming on CubDefi and for the price of the underlying token.

$$$

It means that APR in the remaining farms/dens should substantially increase, as the same inflation is distributed to fewer pools. Correspondingly, as interest for locking up capital grows, the price of CUB should increase as a result. The 50% pump was smart money investors placing their chips in anticipation of what's about to come.

A renewed interest in the underlying token and a mega pump.

Something that a lot of participants still yet haven't figured out because if they did the price would have already been a lot higher right now.

Let my words serve as a warning but not as financial advice.

These are just my thoughts and ideas which historically, weren't always correct, to say the least.

The prophecy

When the last farmer realizes how much the yields have increased, the price of CUB will be a lot different than it is today.

Can't say the exact price it will reach though but if I had to make a guess, I'd say somewhere around 6-8$ by the end of next week. What I can say for certain is that you don't want to be among the last people to figure this out because by doing so you are literally handing out free money to other farmers by not capitalizing on this opportunity yourself.

I've been buying from 4$ all the way to the bottom with my last big buy being very close to the bottom, at 1.9$. I'm fairly close to being fully loaded up but if we get any further dips, I'll be buying!

Again, non-financial advice, just my thought-process

I don't see a future where CUB is able to maintain such an extremely low market capitalization for an extended period of time considering the sheer amount of new features that are about to come out. Particularly LeoBridge, which if it gains traction, and I do believe it will, could provide an extraordinary boost to CUB treasury fund.

In short, the more users utilize LeoBridge cross-chain swap tool, the more CUB/bLEO get's burnt.

More CUB burnt = higher price per token

It's that easy.

Paired with an imminent APR increase, the surprising part isn't the recent 50% move up but the fact that it didn't go higher.

This won't stay true for much longer.

You have been warned anon.

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When are the making the change? I'm using one of the inactive dens, do I pull out now?

Tomorrow. No need to pull out before, milk it till they disable.

Oh fuck me. I pulled it already. I had like 1470 in usdt, so I sold half for cub and aped into the cub-busd lp. Generates more Cubs that I could then put into the den.

I'm not so sure about farms anymore.

IL is a motherfucker and it fucks both ways so no matter if the price is going up or down, we are still getting butt-fucked by "impermanent" losses 🤣

Lmao. Fair point. if you enter the pool when Cub is at the lowest value, you'll gain in the long run.

Also, using the pool earns more Cubs, you swap those Cubs for more stable coin pair and put it into the pool again or just swap it for stable coin and hold to buy Cub whenever it dumps harder.

Awesome memes! Will qualify for my contest if you follow through with the rest of the steps. :)

Posted Using LeoFinance Beta

That's ok. I'm not really interested in participating. Just wanted to share the lolz

LOL right on, thanks!

Posted Using LeoFinance Beta

I'm sure there are some awesome words in there too, and I'll read them, but I'll admit I upvoted just because of the meme on the bus. That shit's high-larious.

Your memes are just insane 😅

I invested a low amount, mostly to test and with $30 it's already a great win for me !

Thanks!

The true win comes when the price 10X's :D

I am happy that I could grab some cubs at 2$
now it 2.9$
pretty good

Posted Using LeoFinance Beta