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1 CUB = 1000 Hive on Leodex, is it time for the son of the lion?

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@nirvana3003
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A week ago I was observing the behavior of the CUB token on Leodex.io as a way to study the market variations of this interesting project. I wanted to study the variants in the buying and demand of this token from the perspective of the Hive ecosystem and not from the main focus of the project which is conceived within the Binance DeFi space.

For better or worse I am faithful to my ideas and one of them is to avoid whenever possible to place funds in centralized spaces, because I have had unpleasant experiences in the past with these which I do not want to repeat. When I say bad experiences I am not referring to losses from the investments themselves, but rather to the fact that these centralized institutions bend to the orders of their governments and apply arbitrary sanctions to clients or members whose citizenship is from a country considered to be an enemy.

One of the advantages of Hive and Leofinance is their decentralized format, so I will not be a victim of arbitrary sanctions or censorship by those who operate through algorithms the lives of innocent individuals. In that regard, when I looked at the CUB market I noticed that the price had abruptly collapsed from 15 Hive for 1 CUB to less than 1 Hive. When I saw this I said to myself: "I have nothing to lose if I buy some CUBs here at Leodex, I know that this is going to go up a lot in April". Indeed, I made an offer of 5 CUB for about 1 Hive.

Today when I woke up I started my daily routine: watching the financial markets, the evolution of Hive, LEO and the tokens of the social network ecosystem, when I noticed that our friend CUB for an instant quoted the price of 1000 Hive for sale. I thought to myself, is my eyesight failing. I mean, for a moment my 5 CUBs became worth around US$ 3,000.

Although that was an instant and later the market suffered another correction, I can't help thinking that if this decentralized economy that Hive promotes were somehow transferred to the DeFi world, the possibilities of profits would increase exponentially because Hive offers greater security than any centralized institution. For the moment I keep calm, my now 6 CUB are still intact in my wallet very calm and without nerves waiting for a new order from their owner.

Posted Using LeoFinance Beta