$Polycub vs The Market: $Polycub Still Holding Up Strong Amidst Crypto Market Price Plunge

Since the 5th of May, Bitcoin has been printing red candles to date (10th of May 2022), and the blood bath doesn't seem to be ending soon. This post isn't going to dive deep into Bitcoin but $polycub. However, I have looked at Bitcoin's chart and I hope it holds the $30k support marked below.

Polycub Summary

Immediately after the Defi2.0 platform (Polycub) launched and its 60days airdrop program kicked off, $polycub faced a large amount of selling pressure from airdrop claimers.
While these were ongoing, users who wanted to earn more polycub added liquidity to the POLYCUB-USDC, POLYCUB-WETH, or PLEO-WMATIC pool. But as if that wasn't enough, the price of polycub still declined from a few cents above 5$ to less than a dollar.

Although, I wouldn't blame the airdrop takers for the dump but also those who couldn't wait for the 90days lock period. They were taking the penalty regardless.

Thankfully, on the 4th of May, the 60days period for the airdrop claiming process was complete and we experienced a new turn for polycub. This was a day before Bitcoin started declining. on this day, the lowest price for Polycub went as low as $0.1475 but has been printing green candles since then.

If you know how the cryptocurrency market works, you'd know most altcoins plunge in price anytime the BTC market turns red. But the case was different for Polycub as shown below.

For the past 2days now, polycub has printed consecutive red candles but at the same time maintained $0.2+ real good. Looking at its lowest price of $0.1475 and the current price, I'd say it's only beginning to build its ground price to aim at its ATH.

I believe the above statement because the newly released vaults on the polycub platform are yet to attain their set goals. Apart from that, the LeoFinance has made it clear that there will be future vaults coming. Just imagine how big the platform will grow. We are just starting to see the growth of the platform I must say.

I look forward to what the polycub ecosystem has for us. It's a good time to grab some $polycub now for future use cases. What Do You Think About PolyCub Price?

Posted Using LeoFinance ^Beta