2023-8-31 13:00 |
The market for cryptocurrencies has always been dynamic, with new developments and trends frequently reshaping the landscape. This month, there have been several noteworthy events with significant implications to the market, including the less-than-optimal performance of Bitcoin.
As this top crypto investment struggles, two players are slowly on the rise: InQubeta and TON (Toncoin). InQubeta (QUBE) is a top AI (artificial intelligence) cryptocurrency project, while TON or Telegram Open Network is a blockchain network that diversifies cryptocurrency portfolios. The standout features of both these projects make their native currencies, QUBE and Toncoin, among the best crypto to invest in right now.
Bitcoin: Grappling with Tough TimesThe world’s largest cryptocurrency experiencing strong bearish momentum is proof of how volatile the crypto market is. Bitcoin (BTC) has been on a downward trend, and while it’s trading above the $26k mark as of this writing, it has dipped slightly below this price point several times in this month alone. This is the result of a number of factors, including global market sell-offs earlier this August and the tightened regulatory environment in the US.
InQubeta (QUBE): Leading the Way on its Presale PhaseInQubeta is in its presale phase, and has raised more than $2.4 million, with 84% of the QUBE tokens sold. The project continues its upward surge and many expect its long-term dominance in the cryptocurrency market. Experts see the token to increase by as much as 300% as 2023 ends.
There are several reasons this project is on its way to becoming one of the best DeFi projects. For one, InQubeta connects potential investors with the growing AI market. It’s a crowdfunding platform which allows users to participate in the growth of their chosen AI startups. Here’s a short list of why InQubeta and QUBE are worth a second look:
Deflationary QUBE TokenBurning is a deflationary mechanism that many top DeFi projects apply. It decreases the total token supply over time, resulting in value appreciation. This decrease enables QUBE to create a sense of scarcity and exclusivity, allowing holders to retain their token for future gains. For every transaction, a 2% buy tax directly goes to the burn wallet, and a 5% sell tax goes to the reward pool. Holders can receive rewards by staking their tokens.
Governance ModelQUBE, as a governance token, allows investors to take an active role in the project’s decision-making processes. They can present their ideas, engage in discussions, cast their votes on proposals, and influence its development and direction. This appeals to potential investors as it creates a sense of ownership.
Innovative Investment PlatformQUBE is the best cryptocurrency to buy today as it fosters the growth of AI startups. The platform allows potential investors to easily connect with and invest in AI startups. Every listed startup can list investment opportunities as NFTs or non-fungible tokens, which are fractionalized and traded on InQubeta’s NFT marketplace. Investors can choose which startups to invest in, and buy their NFTs with the QUBE tokens they own.
Community Engagement, Fairness, and TransparencyThe platform allows investors to access all the information they need to make informed decisions. AI startups can easily apply for listing in the platform’s online marketplace. InQubeta also allows potential investors to review and evaluate a project they’re interested in before purchasing an NFT. Those interested can follow the project’s Twitter account.
Aside from these, InQubeta has big plans for the future, including partnerships with reputable companies in the industry in a five-stage roadmap. The platform intends to list QUBE on various exchanges, build an application for Android and iOS devices, and create a decentralized autonomous organization (DAO) where holders can join in the decision-making process.
TON (Toncoin): Another Crypto to Watch Out ForTelegram Open Network (TON) is a high-performance layer-1 blockchain that aims to narrow the gap between cryptocurrencies and traditional investments. It also provides multiple long-term investment opportunities. Its native currency is Toncoin, which has numerous uses, including as payment for various fees and services on the platform, and for staking.
Toncoin has been performing well in the market, with positive predictions from various experts that position it as a good crypto to buy. Despite its performance, InQubeta remains the best bet as it maintains its bullish trajectory.
Bottom lineWhile Bitcoin is struggling, other top altcoins like QUBE and Toncoin are on the upswing. If you’re looking for a cryptocurrency to buy and choosing between these three, QUBE may be your best bet. It’s a new coin with a promising future, on a platform with an innovative approach to investing in AI projects that will continue to attract investors.
Visit InQubeta Presale | Join the InQubeta Communities
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post Bitcoin Struggling at $26k, While Toncoin and InQubeta are on the Rise appeared first on CaptainAltcoin.
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