Where have the dumpers gone? They were so willing to drive the price down all the way to $2 per CUB in the past 2 weeks. But now, they are hardly making a dent.
I was hoping for some more paper-thin hands to let their CUB slip into the dumpster for some quick money making. This keeps CUB cheaper for the time being, cheaper for those who want CUB for the long haul.
Out of Gas
Why have they stopped? Have they run of out of gas? Have those who just want to make some quick money off of this new DeFi system run out of tokens to sell? That could be what's going. The big holders who had bags to dump already did so, and now they don't anymore, they only have small bags to dump and it doesn't bring the price of CUB down.
The early exploiters could have bailed and set their sights on farming in other systems where the APR is higher. With the inflation cut and slash to APR, they aren't as interesting in exploiting the CubDeFi system and bailed for easier and faster money.
Maybe, and maybe not. Maybe there is something else going on.
Dumpers Becoming Apes
Maybe they revised their prospects of CUB. Maybe they see a bright future for CUB, where they didn't before. They couldn't keep CUB down at the $2 bottom. Previously when there was some big buying pressure to spike the price of CUB, it was quickly brought back down.
Have a look:
It looks like a reversal.
For the past 3 days, it' looking very good for CUB. It's up and sideways.
Granted, it's a bit early to make accurate conclusions about what is happening. More days will lend more support to that theory of a large change in attitude towards CUB. But there is a trend of reduced selling pressure. Will it last?
Patiently Waiting
It could none of these. They aren't out of gas. They aren't transforming into diamond-handed apes. They could just be waiting for another perceived acceptable high for maximum dumping power and profits. BAM! Down comes the dump and the price goes south again.
Time will tell. It could all change in an instant. But boy, does it look good so far :) (Even though I'm still in the red having bought a lot at around $5)
For the long haulers, we all need to wait patiently as well. The seed of CubDeFi look like they are going to bear some nice fruits. The bridge, Kingdoms, and more to come. Each new feature brings more options for how to use Cub DeFi and that utility helps potentially bring in more investment, which makes CUB go up in value. It's early, and looking like a great opportunity.
Who knows what will happen, but we can have fun speculating :D After all, in large part, that's what drives markets. What do you think happened to the dumpers? What do you think will or won't happen?
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Yeah... dumpers moved on to higher APRs ... only Diamond Hands Hodlers remain... and we are all in the Den compounding our Cubs....
Exploiters gonna exploit, we got some cheap CUB thanks to it :D
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The dumpers moved on to the next hot Bsc defi project that might even rug pull on them hehe!!
Anyway, let us wait and see what happens in the coming weeks.
Damn straight, they helped get to bottom for some (unfortunately not me) to buy cheap cheap cheap
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I think this is #1 reason
Those who left - are here for a long run.
It will be no so simple to knock out any CUB from their paws
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@onealfa.leo that is so true.....
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Seems like some dumpers were dormant and waiting for the next unit-bias high ;)
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Exchanges (trading) are the tools/systems where impatient people deliver their money to patient ones.
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True lol
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Mantap kali
I bought it at 6 and since yesterday I'm on profit. Why are you on red? didn't farm?
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Farmed then stayed there when price went up and IL got to me. Eventually USD value put me in green.
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In the long run, all these little talks we have at this point of time will not have mattered. we have a token that has less than $4 Million USD maketcap. In a worst case scenario we could end up seeing 100X gains from here. Even if APR falls below 50% I can still be happy with those numbers. I have mostly given up my day trading and exchanged them for peace of mind.
I am earning less. But I am at ease and I am at a very comfortable state of my life.
Yeah this is crazy good to earn passively.
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i dont know if the dollar-cost average applies to cub but I am buying at the different price point, and farming, converting to busd and buying back cud when it drops in price. but things are really looking nice. tvl is at its all-time high. could this be a sign? are we about to moon?
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We moon, then fall, then moon, then fall hehe. It's an ongoing process. Seems to be going upwards overall ;)
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Not sure what will happen,
I'm happy to pick up some dumped CUB and add them to my small investment portfolio. Every journey starts with a step and I just took my first step in DeFi.
0.001 CUB
it's not the number; it's the fact that it's real now.
Good luck to you getting in DeFi :)
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Dumpers already sold, now is the time to make them regret it
lol
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noiceee!!!
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Go and dump and I will buy! LOL
It's a chance of the small people like me. LOL
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It is important to be patient in every task because there is always loss in haste.
!WINE
Congratulations, @zelensky You Successfully Shared 0.100 WINE With @krnel.
You Earned 0.100 WINE As Curation Reward.
You Utilized 1/1 Successful Calls.
Total Purchase : 24809.918 WINE & Last Price : 0.290 HIVE
HURRY UP & GET YOUR SPOT IN WINE INITIAL TOKEN OFFERING -ITO-
WINE Current Market Price : 0.273 HIVE
Whats the all time high of cub? When i look at the chart i see 3.50 but i also could have swon it was up neat 5 bucks
You must be kidding. $15
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LOL, it's a conspiracy!
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