Investing.com | Editor Ambhini Aishwarya
Published Nov 06, 2023 11:14
InQubeta (QUBE), an AI altcoin, is making waves in the cryptocurrency market as it enters its fourth presale stage. The Ethereum-based platform is projected to witness a 20x growth or approximately 3,000% rally by the end of 2023. This comes as Bitcoin, the dominant cryptocurrency, edges towards the $100K mark.
On Sunday, InQubeta raised $4.2 million at $0.0133 per token in its presale. The platform stands out with its innovative combination of AI and blockchain technology, aiming to democratize AI investments. Its unique blockchain technology introduces a fractional investment system and an NFT marketplace where equity in AI startups is represented as NFTs.
The QUBE token serves as a governance tool within the platform, providing token holders with decision-making power. The platform employs a deflationary model to control QUBE token supply, balancing demand and curbing price volatility. If the supply surpasses a certain limit, excess tokens are eliminated via token burning. A portion of transaction tax proceeds are also burned to prevent sudden supply increases, while the remainder supports the rewards pool and marketing initiatives.
Meanwhile, Ripple’s price has surged beyond $0.60, stirring predictions of it potentially breaching the $1 mark. Ripple uses XRP Ledger technology to provide blockchain solutions for businesses and financial institutions. It has established strategic partnerships for user base expansion, including a recent collaboration with Dubai’s MBank and LuLu Exchange, Ripple’s ODL partner in UAE, promoting efficient cross-border transactions.
Both Ripple and InQubeta present promising DeFi investment opportunities. While Ripple is promoting blockchain adoption for business growth, InQubeta is empowering startups and crypto users to contribute to the AI revolution.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Get The App
Join the millions of people who stay on top of global financial markets with Investing.com.
Download Now
Written By: Investing.com
