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XRP rebounds with whale support; InQubeta’s ICO excels with $9.6 million raised, eyeing AI market lead.
Bullish whales continue to buy up XRP despite prices dropping 3% in the past month. The interest has been so intense that prices have reversed and are now up 6.2% in the past seven days.
XRP is one of the largest altcoins on the market, and its blockchain delivers some of the fastest transaction speeds in the crypto space while minimizing fees. However, its developers, Ripple Labs, still have ongoing legal issues that have limited its growth while many top altcoins enjoy price surges.
InQubeta (QUBE) is one of the top ICOs currently. Its presale surpasses expectations, generating over $9.6 million in token sales with three more stages before the event concludes. Early investors have already earned 220% returns on their investments.
Injective has emerged as one of the best defi cryptos, bringing its backers 905% returns in 2023.
InQubeta expected to outperform Injective in AI crypto space
Injective was one of the most impressive AI-focused cryptocurrencies in 2023, but InQubeta will probably outperform it thanks to the solution it gives those denied access to traditional investment avenues. InQubeta looks to democratize investment opportunities in the AI sector, allowing investors who don’t meet the income and net worth requirements some mainstream investment channels have to invest in AI on its blockchain.
InQubeta is built on the Ethereum (ETH) network and enjoys its efficiency and functionality. This allows its developers to create a unique investment protocol that replaces stocks with non-fungible tokens (NFTs). An NFT is an asset tokenized on a blockchain. The NFTs sold on InQubeta’s marketplace earn investors equity or other rewards in emerging AI startups.
Artificial intelligence has passed major milestones in the past decade and is expected to change how industries and societies work in the next decade. Technology’s impact on our lives is increasing exponentially, and it will transform what everyday life looks like.
Investing in AI today is like investing in cryptocurrencies a decade ago. Many people who foresaw the major role cryptocurrencies would play in the future and invested appropriately are now millionaires and billionaires. InQubeta gives a secure and transparent way to buy equity in emerging AI startups.
Here’s how InQubeta’s investment space works:
- AI startups get access to the NFT marketplace once the operations team deems them eligible to fundraise on it
- Developers who work for these firms mint equity and reward-based NFTs that are digital proof of the opportunities they offer
- NFTs are divided into many smaller units to make them more affordable for most investors
- Users can invest in any of the startups in the ecosystem by using QUBE to procure NFTs made by the companies they want to help finance
- NFTs can be resold on the marketplace at any time, providing lots of liquidity just like stock markets
Ripple bulls push prices up 5.7% in the last seven days
XRP whales remain committed to the ecosystem despite prices dipping as low as $0.55. Whales currently control over two-thirds of the circulating XRP supply, and some analysts believe prices won’t go any lower given how well that support level has held.
The behavior of these whales indicates they believe things are about to turn around. Surging Bitcoin (BTC) prices could help take XRP to new highs, and getting spot exchange-traded funds approved would also help.
Injective (INJ) starting to lose momentum
INJ prices have surged 905% in the past year, but prices have struggled for most of this year, declining by 14% in the past 30 days. Its growth rate was so fast last year that a strong pullback is likely to occur before another bull run starts.
Summary
QUBE, XRP, and INJ are one of the best altcoins to buy now. Emerging crypto InQubeta is expected to outgrow most altcoins this year thanks to the AI investment opportunities it offers those who don’t have access to mainstream investment spaces.
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