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The crypto market is expected to end 2023 on a profitable note as it’s currently seeing a positive action due to the latest bullish runs.
The crypto market is heating up as we approach the end of 2023! 🔥🚀🌕#Crypto #Bitcoin #Ethereum #DeFi #NFT #Blockchain #Web3
— Rin (@Rinnbl) November 23, 2023
Besides rallying prices, the sector is also witnessing the launch of several new and innovative projects that exemplify the kind of impact that decentralized finance can drive in the long term.
While popular cryptocurrencies like Ethereum (ETH) are leading the bull run, newly launched altcoins like InQubeta (QUBE) could be a good bet, considering their innovative features and next-generation code architecture.
Released earlier this year, InQubeta helps startups working on artificial intelligence-based projects in raising funds.
The platform is built on Ethereum and has a slew of features that assist startups and investors in finding promising opportunities for growth. InQubeta is being considered one of the top crypto coins of 2023 because of its presale success. Its ICO recently crossed $5.3 million in presale funding.
InQubeta: Where decentralization meets AI
InQubeta is a novel solution for startups working with AI and provides them with the most important resource needed for growth – funding.
While helping startups achieve their goals, it helps crypto users start a journey that makes them financially independent and secure their future. These startup projects floated on InQubeta are not available in the market, which means investors can also gain the early mover advantage.
To facilitate seamless payments between startups and investors, the platform has rolled out a native cryptocurrency known as the QUBE token which is its official medium of exchange.
The platform also offers a staking feature that allows token holders to earn passive income. As there is a separate pool for giving out rewards, stakers can be assured of receiving regular crypto rewards. The longer the duration for which a token is staked, the higher would be the returns earned.
There are multiple reasons why analysts are calling the QUBE token a good crypto to buy but its deflationary model is a key one.
2/6: The Deflationary Model
Understand how a 2% transaction tax boosts the QUBE token's value over time. It's not just another cryptocurrency; it's a strategic investment.— Hyzik (@HyzikHyzik) September 6, 2023
The token’s anti-inflationary character gives it an edge over traditional instruments whose performance is impacted whenever inflation is high or markets are volatile. The token value remains stable in turbulent times as its supply is always kept scarce.
A limited supply ensures that price fluctuations are not frequent and the token value is stable. If there are any surplus coins, they are burned in the token burn wallet.
InQubeta has been designed to make crowdfunding an easy and convenient experience for startups. Most startups operate on shoestring budgets and might not have the bandwidth or expertise to go through tedious formalities.
InQubeta enables them to find the right investors without too many hassles. The only requirement that startups need to fulfill is to have a rewards-based offer ready.
These offers represent what their project is all about and what the investor can get in exchange for investing in it. The tokenized versions of these NFTs are uploaded on InQubeta’s online marketplace and are made available for sale.
The NFTs can be divided into smaller assets so that an investor can invest in a part of the project.
TokenFi launches new token creation service for Ethereum Goerli
Despite being around for more than a decade, Ethereum has managed to maintain its reputation as one of the best crypto investments of all time. Ether continues to attract institutional players, confirming investor trust on the second-largest crypto by value.
It has been designed as an open-source blockchain that powers cryptocurrencies, virtual machines, side chains, NFTs, and a host of other decentralized solutions. Its native token is ETH and is among the most widely used cryptocurrencies in the world.
The cryptocurrency was recently in the news after TokenFi rolled out a new service with which crypto users would be able to create tokens on the Ethereum Goerli blockchain.
TOKENFI TOKEN LAUNCHER AND TOKENFI QUICKLAUNCH BOT ARE LIVE ON TESTNET
You can now officially create tokens in just a few clicks and without touching a line of code with TokenFi Token Launcher and TokenFi QuickLaunch Bot on the Ethereum Goerli chain! 🔥#TokenFi Token Launcher… pic.twitter.com/BsiRijIcIJ— TokenFi (@tokenfi) November 23, 2023
The new service is expected to change the rules of the game as it simplifies the process of token generation and also cuts down on the time taken for deployment. TokenFi is related to the Floki Inu crypto project.
Conclusion
The crypto market is currently riding high on a bull run and Ethereum and InQubeta have emerged as among the best altcoins to buy now.
These tokens have a high-end functionality that not only diversifies a portfolio but also generates sustained returns. The coins boast massive growth potential and their unique utilities could possibly provide huge long-term returns.
Cryptocurrency investors should ensure sufficient diversification to reduce the risk in the long term. It is also important to evaluate a project thoroughly before making an investment decision. For all information about QUBE, you can visit InQubeta presale.
The post Ethereum leads crypto bull run as InQubeta redefines the AI coin sector with innovative features appeared first on Invezz
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.