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/biz/ - Business & Finance

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29844579 No.29844579 [Reply] [Original]

Rubic is not a project you should be investing in long term. Reasons:

1. Market cap: $33M !!! For a swap exchange that has a really shitty UX and product, cannot be even compared with 1inch (used by Rubic primarily and has stellar product with $500m market cap and 8b monthly volume). With 99m circulating supply, reaching $10 is not possible in a gazillion years looking at this shitty product.

2. Usecase: Who the fuck wants to swap on Binance chain outside of Binance!? Also why the fuck would I use Rubic when I can easily get the best prices on 1inch, Uni or Metamask swap?!

3. Contant shilling: Pajeets scamming this board with stolen link memes just waiting for you poorfags to pump the price so that they can dump on you!

4. Inexperienced tech: Their dev team/tech is really inexperienced compared with dev teams of the defi world. Check the dev teams at Sushi, Aave, 1inch, YFI, CRV, Uni, SNX. These guys dont even stand a chance.

Worst part: The website was down for almost 2 hours which has happened 3-4 times so far (server load is a shitty excuse)! Imagine website going down during a swap.


That being said, yes the constant shilling on biz might pump the price a bit maybe but this is never a safe long term hold, because either you might get rugpulled or whales might dump hard and the price would never recover and you would be holding these coins forever.

>> No.29844630

>>29844579
We all know rubic is a scam by this point, its just a bait to burn some newfags

>> No.29844684

I dont hold Rubic but why do you care so much we all know its not a good time to buy it.

>> No.29845152

>biz says sell
I buy

>> No.29845393

thank u sir i selled coin. u sirs sell coin too