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STEEM Defi - The price of Robinia's Defi Token is starting to climb higher!

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jondoe
84
2 years agoSteemit2 min read

RBS is starting to make its move higher

If you have followed my blog over the past week or two you have likely seen some posts talking about the newest and fastest growing defi platform on steem.

I of course am talking about Robinia!

https://robiniaswap.com/

I have done several posts more recently talking about their native defi token (RBS) and how they are taking steps to help push the price of that token higher over the coming weeks.

Well, it looks like it is already starting:

image.png

(Source: https://pancakeswap.finance/swap?outputCurrency=0xAfAEEe58a58867c73245397C0F768FF041D32d70)

The price of RBS is up 20% since yesterday and is getting up near $.20.

This move puts the market cap around $250k, which is still miniscule compared with where it is likely going.

We could get a 10x from here and that would only put the market cap $2.5 million, which is still very small.

That would put the token price at $2 per token.

The token burns are going to increase significantly over the coming weeks and they are already burning roughly 40% of the supply.

I think they are going to get to a point where they are burning more than the new daily supply on a consistent basis.

When that happens the price is going to soar!

If you want to get involved you delegate STEEM or simply participate in their pools/farms: https://robiniaswap.com/

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