Well your bubble coral doesn't look like it is at death's door, so that's good right! The bubbles are all bubbled. It honestly looks pretty good in your photo. I didn't know there were pink bubble corals - now I want one LOL.
So many different factors affect color. It could be your light spectrum or something in your chemistry or a combination of the above. It might just need time to adjust to your tank.
If I understand/remember correctly, the biocube programming is pretty limited. I think they give off enough PAR - mine seemed to - but the spectrum is very white. Can you adjust it at all?
What else is in the tank and how is it doing? It almost looks like you have a nem behind and to the right of the bubble coral. If it is a 'nem and it is getting enough light, the bubble coral surely is getting enough or possibly too much.
Also, save up for some good test kits. Chemistry will affect color, but you won't know if you can't test. In the meantime your coral doesn't look all that bad.