pCub must be at the bottom by now... surely...?!?

in LeoFinance2 years ago

Well it's certainly reached the point where it's not worth selling IMO....

It's not pretty viewing at $0.146...

Screenshot 20220501 at 13.41.19.png

Neither is the trend....

Screenshot 20220501 at 13.44.08.png

It gets worse...

Screenshot 20220501 at 13.43.59.png

Ouch!

But this is probably, maybe, hopefully, pCub near the bottom....

  • The yields are now on a par with Cub, given that it's worth just holding on for 30 days now.
  • The price is in the same region as Cub and LEO - not quite as low as the other two, but in the same ball park.
  • The airdrop is coming to an end shortly - less dumping potential!
  • There's not too much left to be printed - there's going to remain about 50% less pCub than either Cub or Leo ATM, and the later two go on going BRRRR for the meantime!
  • There's more potential for earning with pCub coming up... with pHive etc. pools.

We might go a little lower, but we can't go that much lower, surely...

And of course the whole 'new DEFI' model hasn't really kicked in yet, with yields coming from protocol owned liquidity, whatever that means...?

Sounds good at least, so I might buy a little more...?!?

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I would like to think it is the bottom but time will tell. Hopefully things will turn out better after the airdrop and with the deployment of pHive anytime today (potentially before the 4th as Khal said).

Posted Using LeoFinance Beta

Or the end of the week, maybe?!?

Posted Using LeoFinance Beta

Yes, probably a week or more from now. The pHive is said to be deployed 4th May (or earlier as Khal mentioned).

Posted Using LeoFinance Beta

whatever that means...?

Sounds good at least, so I might buy a little more...?!?

😱 😱 😱 😂

Posted Using LeoFinance Beta

I almost feel obliged to buy a little more, I sold enough when it was over $0.30 to fund half my house purchase!

Posted Using LeoFinance Beta

I sold enough when it was over $0.30 to fund half my house purchase!

Such a great move. The crypto space makes so much more sense when I see people actually do something with it. 😍

Posted Using LeoFinance Beta

I don't think it's possible for it to go lower. It's time to accumulate, stake, and wait.

Posted using LeoFinance Mobile

It's hardly worth selling at these prices, is it?!?!

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I wouldn't sell a single one for less than $1

Posted using LeoFinance Mobile

I am trying now to flip the trend.

Who is going to help me ???

Posted Using LeoFinance Beta

It's on the uptrend recently, don't flip it down again, please :)

image.png

Posted Using LeoFinance Beta

I think the pcub-other tokens pairs will help massively.

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I think we are also near the bottom because the airdrop is ending. Now the only issue that might concern us is the emissions being halved. Depending on what happens, some people might just leave.

Posted Using LeoFinance Beta

It's going to get interesting - lowering emissions lower rewards... who will stick it out in those pools!?

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Since the pCub is at low,is there a way you can put me through to invest on pCub or Cub?

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I've got both personally and LEO!

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I want to see everything moving up

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Surely :-)

I thought the same about CUB multiple times though, so we will see. It actually could make sense to sell pCUB if you want to diversify risk (or buy a house or whatnot), but as you say it would hardly be worth it at this point and there are quite a few reasons to think that things are gonna rebound.

Airdrop done. Emissions slowing. New pCUB parings added. Governance added. Bonding coming. Loans coming. And who knows what else. I am gonna stick it out.

Posted Using LeoFinance Beta

Yeah it's not a sell for me ATM - although we're probably seeing a temporary mini pump as now everyone's waiting for 30 days due to the lock change.

I imagine it'll take a hit in early June!

The real test for pCUB is gonna be from now until years end I think. Anything from level to slow climb is fine. Down further is not fine of course :-)

I agree there may well be more selling in the next 2-3 months. We'll have to see if buying can counterbalance. We have lots of homegrown believers with diamond hands. Really need some fresh outsiders to be swyaed into the fold.

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I think the last month has just been people selling Cub for pCub!

Outside investment would be good!

I really don't know what way it's gonna go when the emissions get lower!

Fascinating experiment!

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Based on tokenomics it should at least stabilize or increase. Tokenomics can't take human psychology fully into account though.

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