The crypto market has been in a state of flux since the SEC decision on Bitcoin ETF in January. Recently, price drops for Bitcoin (BTC) and Ethereum (ETH) have made the headlines. Meanwhile, emerging crypto InQubeta (QUBE) – considered by many to be a challenger to top altcoins like Chainlink (LINK) and Polkadot (DOT) – has been gaining traction in the market, with its sights set on new highs.
Bitcoin and Ethereum Experience Sharp Drop on Options Expiry
The crypto market recently hit a rough patch, sending shockwaves through portfolios and setting tongues wagging in investor circles. Bitcoin and Ethereum, both top 5 cryptocurrencies, weren’t immune to the turmoil and saw a hefty drop of over 7%. It’s a tough pill to swallow for many, but for those playing the long game, there might be a silver lining in sight.
One big reason behind this was the expiration of a ton of Bitcoin and Ethereum options. We’re talking about a mind-blowing $2.09 billion worth of Bitcoin options and $1.24 billion of Ethereum options hitting their expiry dates, causing ripples of volatility across the board. But despite the turbulence, experts are saying events like these often open up doors for savvy investors to jump in at better prices and ride the next wave of momentum.
Chainlink and Polkadot Challenger InQubeta Targets New Highs
Now, let’s shift gears and talk about InQubeta (QUBE). This innovative blockchain ICO platform is capitalizing on the booming AI scene by making AI investments accessible through a crypto crowdfunding ecosystem. Their ongoing presale has been a smash hit, raising $12.1 million by selling over 913 million tokens. The presale is currently in Stage 9, with QUBE tokens available for $0.028 each. The next stage is just around the corner, with a price bump to $0.0308.
Democratizing AI Investments
InQubeta (QUBE) is on a mission to make AI investing a breeze. They’re building the first-ever crypto crowdfunding platform for fractional AI startup investment, all powered by their very own QUBE tokens. These tokens are built on the ERC20 standard and boast a deflationary design, which means their value should increase over time.
Here’s the best part: QUBE transactions include a 2% burn tax and a 5% sell tax. The burn tax fuels a burn wallet, effectively reducing the overall supply of tokens. The sell tax goes towards a reward pool, letting holders earn passive income through staking. It’s a win-win!
The Power of Fractional NFTs
At the heart of InQubeta’s strategy lies a revolutionary NFT marketplace. Here’s the idea: AI startups mint the coolest NFT investment opportunities that can be divided into smaller fractions. This allows for more flexible investor participation through the magic of blockchain technology and smart contracts. It’s a win-win situation: startups gain access to fresh funding via reward and equity-based NFTs, while QUBE token holders can easily invest in projects they believe in. This fosters a collaborative and thriving ecosystem.
InQubeta isn’t just about throwing money at AI projects but about empowering its community. QUBE holders get to play a vital role in shaping the platform’s future through governance. They can propose improvements, discuss ideas, and vote on proposals they believe in. This fosters a sense of ownership and decentralization within the InQubeta ecosystem.
Final Thoughts
Even as Bitcoin and Ethereum experienced turbulence, emerging top crypto coins like InQubeta continued their ascent, reaching new peaks and challenging the established order. With its innovative approach to AI investment and a thriving community, InQubeta (QUBE) offers a compelling opportunity for investors and AI enthusiasts alike.
Head over to InQubeta’s website to learn more about their project, the tokenomics of QUBE, and how to purchase tokens during their presale. You can also join their vibrant Twitter community to connect with other early adopters and stay updated on the latest developments.