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These days, developments in the cryptocurrency and artificial intelligence realm are making mainstream news. Two recent events that have captured media attention are ADA increasing by 42% over the past month and InQubeta (QUBE) raising an incredible $4.5 million in its presale. Let’s delve into these thrilling breakthroughs and their significance on the outlook of these sectors for those looking for which crypto to buy.
Summary
Cardano’s Surge Fueled by Cardano Summit 2023
ADA – one of the top crypto coins today – experienced a significant surge in value in the last month. Let’s look at this upward trend in detail, the significance of Cardano Summit 2023, and how well ADA has performed in the recent past.
On November 5, ADA’s price was recorded at $0.348808, indicating a rise of around 7.5% in four months and attracting experienced traders and amateurs in the crypto market. This is partly because of the Cardano Summit 2023 held from November 2 to 4. It featured panel discussions, events held at various locations, and masterclasses. During this period, ADA experienced a price surge, and it has been on an upward trend since then.
Other factors that may be contributing to Cardano’s positive performance are a spike in whale activity and the progress it has made in the decentralized finance (DeFi) space. Santiment data showed that ADA whales are on the move, with transactions amounting to more than $1 million recorded on November 4. Also, some of Cardano’s top DeFi projects, such as Minswap and Indigo, have grown in the last month. This further supported ADA’s bullish momentum.
CoinGecko shows that over the last month, the price movement of Cardano has been up by 30.1%. The continuous upward trends highlight growing interest in this blockchain. ADA’s performance, with a one-month surge of nearly 42%, proves this coin is worth keeping an eye on moving forward, making it one of the altcoins to watch in the coming months.
InQubeta Raises $4.5 Million in Presale
Start-ups are among the most challenging investment cases within the area of AI technology. They are the first generation of companies that will lead developments in machine learning and robotics – two fields which have already shown their impact in various industries. However, investing in them through traditional channels can be daunting. In many cases, there are requirements – especially in terms of capital – that the average investor cannot meet.
Thus, here comes InQubeta (QUBE) – one of the best DeFi crypto projects in 2023. Its new platform allows fractional investments in AI start-up companies, making the process more inclusive and accessible to investors with varying financial capacities.Â
InQubeta utilizes blockchain technology and smart contracts to maintain a level of transparency and security in their platform. Their popular NFT marketplace is also useful for start-ups as it enables them to raise funds by selling equity-based NFTs.
Backing AI start-ups is more than a financial business transaction. While investors profit from the success of the companies they support, they also contribute to the growth of AI technology. This is a noble undertaking that can help advance society further, and the fact that InQubeta empowers people to do this makes it one of the best DeFi projects today.
InQubeta (QUBE) has already raised a significant amount of money – more than $4.5 million, which translates to over 475 million tokens sold. This early success shows that investors are confident and optimistic about the project’s future. Now in stage 5 of the presale, the price of QUBE is at 0.0161 USDT – a steal because this will increase as the campaign progresses. This means that the earlier an investor buys QUBE ERC20 coins, the more they stand to gain.
Conclusion
Keeping updated with the latest news in the crypto market and among cryptocurrencies is important for investors and traders. If you’re a greenhorn, it’s especially crucial that you’re on the lookout for the best crypto to invest in now. Two options worth considering are Cardano and InQubeta (QUBE). The latter may be a more sensible choice because of its lower price and the fact that its success is closely tied with the growth of AI – a sector that’s already taking over many industries.
*This article was paid for Cryptonomist did not write the article or test the platform.
