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February’s Big Tokens Unlock: Aptos, Sandbox, and Avalanche; This AI Crypto Gains Analyst Support

Several million dollars worth of previously locked cryptocurrency tokens are being unlocked this February owing to a massive token unlock. Currently, the big tokens, Aptos (APT), Sandbox (SAND), and Avalanche (AVAX), have been set for massive token supply this February. This would cause an increase in the supply of tokens in the crypto market. Meanwhile, InQubeta (QUBE), an AI crypto, gains analyst support for its outstanding ongoing presale performance.

InQubeta, a trailblazing crypto crowdfunding platform, enables fractional investments in AI startups through QUBE tokens. QUBE, an ERC20 token engineered by InQubeta, pioneers a paradigm shift in how AI ventures raise capital and engage with their community. The project’s rapid growth has positioned it as one of the most bullish new ICOs, gaining analyst support.

Now, let’s explore why InQubeta, an AI crypto, is gaining analysts’ support amid February’s big token unlock by Aptos, Sandbox, and Avalanche.

InQubeta (QUBE) Gains Massive Support from Analysts

InQubeta, as one of the best new ICOs, has sold over 800 million tokens in its ongoing stage 7 presale, and more than $9.9 million was raised, attracting the attention and support of analysts. This AI crypto gains the support of analysts in the crypto market because of the way it allows for AI startup investment prospects to be minted as NFTs and fractionalized, providing you with the opportunity to invest as per your financial capacity. 

As the best NFT crypto, its marketplace empowers AI ventures to raise funds and distribute NFTs based on rewards and equity. Holders of QUBE tokens effortlessly invest in projects they endorse, fostering an environment where everyone mutually benefits. 

Being an emerging crypto, QUBE is an exciting crypto opportunity for AI technology startups. It has deflation built in, with a 2% transaction tax that boosts the token’s value over time by fueling a burning wallet. A 5% sell tax goes into a reward pool, allowing investors to earn rewards through token staking.

InQubeta sees endless possibilities where AI tech and crypto intersect, recognizing the limitations and lack of access in traditional investment paths. The QUBE token and NFT marketplace streamline investment, creating a transparent, secure, and inclusive realm. This fosters the ascension of AI technology ventures, thereby causing its NFT to become one of the best NFT cryptos to invest in. 

Aptos (APT) Unlocks Millions of Tokens into the Market. 

Aptos is a layer-one (L1) proof-of-stake (PoS) blockchain featuring the Move programming language. It aims to drive mainstream adoption of Web 3 and facilitate decentralised applications (dApps) addressing real-world issues. Considering its crucial role and bright future, APT stands out as a compelling investment choice.

It had a phase of expansion, but recent market changes have brought in unpredictability. On February 11, 2024, a significant 7.32% of its tokens were unlocked, and with the current price, over 24 million APT tokens that became available are worth over $200 million. As Aptos is likely to face downward pressure, traders are urged to exercise caution.

Sandbox (SAND) Unlocks Millions of Tokens This February

The Sandbox is a prominent cryptocurrency in the market, particularly notable in the gaming and metaverse sectors. With its increasing momentum and anticipated adoption, it emerges as a top investment opportunity for savvy investors.

On February 13, it unlocked more than 181 million SAND coins, valued at over $77 million and constituting 8% of the market cap. Analysts anticipate this event will introduce selling pressure to The Sandbox, potentially resulting in a subsequent dip. Consequently, hopes of SAND surpassing its all-time high (ATH) in the near term might need to be postponed.

Avalanche (AVAX) is Set to Unlock Millions of Tokens

Avalanche is a blockchain platform that offers general-purpose smart contract execution as its main feature. Positioned as a base layer (L1), it integrates with side chains and supports layer 2 (L2) solutions, which it refers to as subnets. Seen as a substitute for Ethereum, AVAX and similar alternatives are commonly referred to as “alt Layer 1s” or alt L1s.

Avalanche boasts lower fees and quicker transaction times, capable of handling up to 4,500 transactions per second (depending on the subnet). The network is secured, and users pay transaction fees with its native token, AVAX. It is set to unlock over 9.5 million tokens worth more than $344 million at current prices in February. The tokens represent 2.6% of the circulating supply and will bring the total portion of unlocked AVAX tokens to 60%.

CONCLUSION

This February, Sandbox and Aptos unlocked a significant percentage of their tokens, and Avalanche is set to follow suit to unlock its millions of tokens, increasing its market cap. Analysts suggest this move may cause a sudden downsurge and affect price dynamics. InQubeta gains the support of analysts as an emerging crypto, as the marketplace enables AI ventures to secure funding and distribute NFTs based on rewards and equity. 

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