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The crypto market may be on the brink of another bull run, as we see Bitcoin rising from the ashes, triggering a ripple effect on top altcoins. Algorand (ALGO), which has been struggling to recover for a long time, has finally shown up with some green candles. As long as BTC hovers above $35k, we might see some upside in the coming days. Furthermore, new ICOs like InQubeta have also caught the attention of top BTC investors as we head into exciting times in the crypto world.Â
Summary
InQubeta: Bringing AI Investment to the Masses
One thing that sets InQubeta apart in this thriving market is its proposition that combines AI technology and investment. VCs and deep-pocketed investors have always dominated investments in emerging technologies, and this is where InQubeta seeks to break the barrier for common people. This crowdfunding platform powered by QUBE radically changes the way we perceive investments in AI start-ups.
What makes InQubeta unique is its idea of fractional ownership, where anyone, regardless of their budget, can own a piece of the pie. This encourages active participation from investors of all budgets. Companies looking for funds can issue popular NFTs on the marketplace, while QUBE holders can purchase a portion of these. Those who invest in the ecosystem can reap the rewards of being early backers.
Additionally, QUBE is a deflationary ERC20 coin, which implies decreasing supply and increasing demand over time. The tax system facilitates the consistent burning of tokens while also reserving some percentage of the transaction for staking rewards. If these incentives are not enough, one can also participate in decision-making processes of the platform as QUBE is a governance token.
Given its massive potential, InQubeta is on the radar of many top Bitcoin investors. The ongoing presale has been a resounding success with over $4.8 million worth of tokens sold already. A successful audit and a bright future roadmap suggest that use cases of QUBE will only increase with time.
Algorand’s Bullish Turnaround
2023 has been a challenging year for Algorand (ALGO) due to inflating supply and diminishing returns. However, given the current positive sentiment in the market, ALGO has experienced some upside. Bullish momentum on BTC might be one of the reasons, but the technical analysis is also in favor of a further surge. The reversal pattern is pointing toward a potential breakout that can surpass key resistance. This makes ALGO one of the top crypto coins to invest in, currently.
What does the market look like?
Bitcoin dictates the overall state of the market even with the slightest of movements, and this is what is happening right now. We can see almost all top altcoins charting a bullish trajectory. ALGO’s resurgence is a testament to what is possible in this market, while investments in new ICOs like InQubeta show the ever-increasing interest in new ideas. It would be interesting to see how the market performs amid the ETF rumors, and which crypto will stand the test of winter to see another summer.
Closing Thoughts
The Crypto industry is always synonymous with growth and innovation, regardless of market performance. It shows how stagnant cryptos like ALGO can make big moves while new projects like InQubeta capture the attention of prominent Bitcoin investors. There’s opportunity everywhere, and you just have to pay attention to evolving ideas that go beyond traditional avenues.
*This article was paid for Cryptonomist did not write the article or test the platform.
