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There are few things as closely watched as token-unlocking events. All eyes are on Optimism’s ($OP) token as it faces a scheduled unlocking that promises to inject 24 million $OP tokens into the market. This resulted in price fluctuations that have seen Optimism’s value drop by as much as 10% in just one week.
Soon, over 24 million $OP tokens, constituting around 3% of the circulating supply, are set to be released. This event implies that it will introduce over $30 million worth of $OP tokens to investors. Out of this sum, $15.49 million is destined for the core contributors, while the remaining $14.26 million will find its way to investors’ pockets.
Unlocking events are a fundamental part of many blockchain projects. Instead of releasing all their tokens simultaneously, teams often resolve for gradual distributions to reduce price volatility. However, such events can put immense pressure on prices as the newly available tokens hit the market. The $OP token is currently holding steady above the $1 mark. But the real question is, can Optimism weather the storm and regain its lost ground?
Despite these notable developments, Optimism has grappled with a drop in value, underperforming most of its crypto counterparts. This recent slump has seen $OP rank among the lowest performers of the week. The crypto community is closely watching to see whether the $OP token can recover from this setback and regain its upward momentum.
Optimism still enjoys positive market sentiment, which could increase its prices. The next few days will be pivotal in determining whether Optimism can ride out the storm and emerge stronger or if further price fluctuations are in store. One thing is sure: investors are in for an exciting ride as Optimism carries out its plans.
Another important development in the crypto sphere is that InQubeta ($QUBE) continues to record increasing demand in its early stages. The $QUBE presale recently blazed past the $3 million presale milestone, highlighting the rapid purchase of $QUBE. InQubeta’s crypto ICO demand and impressive price surge showcase the cryptocurrency’s potential, compelling industry experts to project a remarkable rally.
Summary
InQubeta ($QUBE) Delivers Explosive Growth As It Readies For A Massive Rally.
For beginners looking for the best NFTs to invest in, InQubeta is a cryptocurrency platform that plans to launch fractionalized NFTs linked to AI startup equity. By buying these NFTs, traders can invest in promising AI companies potentially worth billions in less than a decade. InQubeta will likely deliver some of the best NFTs to invest in, judging by the rapid pace of AI advancement.
A good thing about investing in InQubeta is that it has already delivered a 90% return to early investors in the crypto ICO and is underway to deliver more. $QUBE tokens are now selling at a discounted price of $0.0133. The InQubeta presale is slated to hike the price of $QUBE by 110% by the end of the presale, allowing investors to profit from the best crypto investment.
All these achievements foreshadow InQubeta’s preparation to deliver constant profits, as analysts predict a potential 1,980% surge for $QUBE. The $QUBE presale is the best crypto investment to become a millionaire since the $0.0133 discount is a profitable price to accumulate and maximize earnings. If everything goes well, InQubeta will continuously surge when it gets listed on key exchanges like Uniswap. Several tokens, like Pepe (PEPE), recently experienced a record-breaking rally after launching. Many people who invested a few hundred dollars have now become rich.
Conclusion
Only time will tell whether Optimism will overcome its recent setback and regain its upward momentum. Meanwhile, InQubeta’s presale success and visionary approach to fractionalized NFTs linked to AI startups offer a unique opportunity for crypto enthusiasts. With a history of impressive returns and a high growth potential, $QUBE tokens at their current discount price present an enticing option for those looking to invest in the next crypto millionaire-maker.
*This article was paid for Cryptonomist did not write the article or test the platform.
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