CUB now down to 2.5 Cents, it is likely going to continue it's march towards 0 by truthforce

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cryptocurrency · @truthforce · Jul 5 '22 (edited)

$1.62

CUB now down to 2.5 Cents, it is likely going to continue it's march towards 0

https://hive.blog/cryptocurrency/@truthforce/hey-remember-my-5-cent-cub-post-death-spiral-unfortunately

It is currently going through it's death Spiral with only 3.8k Trading Volume in 24 hrs.

Essentially, people are going to buy in a little here and there, and just sell contiously making some profit/decent profit. Which will drive the price further down and screw over us holders who are holding. I have like idk 200 or 500 cub i think staked.

Those who were CUB Whales when CUB was 2 to 4 USD are essentially nothing now. Taking in a 100x to 200x loss.

The thing that sucks is that this happens constantly on other chains, but most people here don't know anything about crypto/defi so they aped into buying CUB. Yeah CUB is a good product too, but so are all the other defi products

![image.png](https://images.hive.blog/DQmRzrfJno8vWRzqfgwGFQpm1WXbnyS2uQpcZxyPYNeGSrq/image.png)

For comparison, and to remove most of your doubt, here is a project that once had over 2 billion USD staked that went from about the same price that CUB had a PICO TOP on and is now worth 36 cents. Despite this being a super advanced defi product that lets you do cross chain without doing expensive transactions to bridge. Yeah, it still went from 5 usd to 36 cents, CUB went from about 4.50 to 2.5 cents.

CUB likely isn't done going down, there's really no reason for it to not continue going down.

It sucks because I like you lost money on this, while some others lost hundreds of thousands....

![image.png](https://images.hive.blog/DQmefRkDnYEYZeJj7UR6NouV2NCiP7W5uk6pzCYoNVYRQVb/image.png)

👍 fw206, newsflash, votehero, eturnerx, jim888, hope-on-fire, antisocialist, ura-soul, sbi8, da-dawn, truthbot, baah, valued-customer, builderofcastles, steemvpn, yestermorrow, aagabriel, davideownzall, stevescoins, zelegations, moonappics, phusionphil, commonlaw, timhorton, hivecannabis, topbooster, leprechaun, hyborian-strain, velourex, freebornsociety, bigbraincurator, cerberus-dji, hive-vpn, meesterbrain, izzynoel, memepress, warfeed, dalz.shorts, joeyarnoldvn, da-prince, paulmoon410, saboin.pob, duekie, onealfa.pob

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@antisocialist · Jul 6 '22

$0.03

Soon.™
Lol.

👍 baah, dustsweeper

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@baah · Jul 6 '22

And then vindicated, for eternity.

👍 antisocialist, yayogerardo
👎 gtg

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@truthforce · Sep 19 '23

Hope that means I'm vindicated because in this post a year ago it was 2.5 cents now it's 66% down from that, now at 0.0084 cents

👍 baah
👎 digital-fortress

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@truthforce · Sep 19 '23

Today's price is down 66% from this post xd

👍 antisocialist, yayogerardo
👎 digital-fortress

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@antisocialist · Sep 19 '23

I got out with a not overly valuable lesson a long time ago.
At this point I'm giving h-e the side eye, too.

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4 replies

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