Over 3 million Polygon (MATIC) tokens were recently transferred off the Kraken exchange to a wallet connected to the Hermez Network. The total transferred is estimated to be worth over $2.85 million and it was about an eighth of the total MATIC held on Kraken.
The recent transfer is leading to speculation about MATIC prices getting ready for a massive upward swing. Prices have risen by over 17% in the past month, and the whale who moved their tokens off Kraken probably doesn’t intend to sell any time soon.
InQubeta (QUBE) is also enjoying lots of investor confidence as its presale generates over $10 million in token sales. It’s already being called one of the best new cryptocurrencies to invest in as early investors earn 220% returns on their capital. InQubeta is an emerging DeFi crypto that looks to democratize access to investment opportunities focused on AI. It delivers a desperately needed solution that provides an alternative to traditional investment channels and their many requirements that often disqualify investors from using their services.
Best altcoins to buy in 2024: InQubeta (QUBE) offers investors up to 100x returns
InQubeta has gotten lots of attention ever since its presale began thanks to its creative approach toward creating a blockchain investment space that focuses on the fast-growing artificial intelligence sector. Its presale has already surpassed the $10 million funding milestone set at the start of its ICO, and there are still three more stages to go.
InQubeta’s native token QUBE is now valued at $0.0224 in its seventh stage, and prices are expected to shoot up exponentially once tokens are launched on exchanges given the 1.5 billion supply cap.
InQubeta connects AI startups with investors by providing a mutually beneficial system. Firms get help with raising capital along with other business services, while investors are given access to information and expert opinions to help them make educated investment decisions.
Investing in AI startups on InQubeta’s decentralized crowdfunding space is as easy as buying non-fungible tokens that symbolize equity or reward-based investment opportunities. QUBE holders can buy fractional amounts of these tokens and reap substantial rewards in the future. The NFTs sold on the InQubeta network are the decentralized equivalent of stocks.
Our AI-powered future
It could not be any clearer right now that artificial intelligence is about to reshape how many industries function. Automation will free people up so they can pursue more rewarding endeavors, but it will also transform what the world looks like.
Investing in promising AI firms popping up today is a lot like backing firms like Amazon during the early days of the internet revolution in the late 90s. Many of those who had the foresight to see the potential of such companies ended up earning generational wealth from their investments. It won’t be any different for those who invest in artificial intelligence.
Whale moves $2.85 million worth of Solana (SOL) from Kraken, what’s next?
Transfers to exchanges are often indicative of sell-offs, while transfers off are often a sign investors intend to hold on to their tokens long-term. Metrics like the number of daily active addresses on the Solana network consistently growing and the 17% surge it has enjoyed indicate investors remain bullish toward the project.
MATIC got a lot of attention for helping corporations to adopt blockchain technology thanks to its user-friendly ecosystem and that should lead to substantial growth in 2024.
Summary
QUBE and MATIC are two of the best cryptos to buy now to earn substantial returns on your capital. Both projects have great long-term growth potential, but MATIC probably won’t be able to keep up with the rate at which QUBE grows thanks to its decentralized investment space and the exponential growth of the AI industry.
