The moment we've all been waiting for, the CUB airdrop is upon Hive Exchange and some important changes to the way it has occurred.
Previously it was going to be that you couldn't sell CUB on Hive Exchange, a last minute welcomed change has made it possible for people to sell the CUB on Hive Exchange.
Why is this important?
The complexities in accessing the service and ROI and fees associated with what needs to be done isn't really worth it for smaller players. Heck, if I didn't get involved within the first 24hours my 10 that I got would have been quite expensive to stake and then ROI for the effort would have been crap.
I'm not sure if it's the same for everyone but fees to stake and claim are around $5 - $6 for those who have received 2 - 3 CUB it is pointless. You're best best is 2 options. HODL on the bridge or sell on Hive Exchange. Many will most likely sell and with the window only open for 7 days the price of CUB on Hive Exchange will dramatically drop at around day 5 or 6 as the cut off closes in. CUB on Hive exchange will be worthless.
This is why I'm helping out abit. I've already pimpled in a bit and I'll be sending some more cash across to purchase it at the premium. I've already outbidded alot of the higher bids.
Don't get me wrong, I'm also going to wait for a few days and pick up alot of cheaper ones. But for the time being as staking and farming rewards are decent I'll be happy to chop out a few of the smaller sellers to help them build their account.
By investing high, we keep CUB stable and ensure it is lucrative for outside investors. That's the main goal, we need to attract externals to buy up and participate. Once staking rewards lower you will need more coins to increase your ROI. This means whales are more likely to dump more pulling the value of the coin up.
I'm not playing for today, tomorrow or 3 months from now. I'm playing for 12 months+ from now when the coin will exceed $100 as Leofinance expands.
I know many of you are sceptical, and yes I could be totally wrong and the whole project could go belly up and be worth 0. That is the risk as a HODLer and an investor I am making. I'm not saying you should either. Formalise you're own strategy and play at your own risk.
If you want my opinion which could be totally wrong this is what I think will happen.
*Hive Exchange CUB at day 5 to 6 will drop to $2
*CUB remain stable with a possible (unlikely) dip to $2.50
*CUB to stablise and bounce back to $8 once airdrop dust settles.
*CUB governance token airdrop to occur (unsure when) CUB price to reach $20 - $36 ath at the governance token airdrop announcement
- 12 months from now CUB minimum $20 maximum $150
Leofinance
I originally anticipated Leofinance to reach $2 by years end, depending on CUB success I'd anticipate Leo token to reach $4 - $5 as it is the main staking token that provides air drops. At current $1 is a great buy in and accessible to many.
Khal's Vision
Allegedly @Khaleelkazi had a $10,000 token vision. One of Khals projects will reach that. I have no idea which one, but I am throwing cash at all of them.
Literally my bank just found out I was investing in Crypto and locked my account. Aussie politicians don't give a shit, but banks do. Go figure 🤷♂️
Lions hear us roar!