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Amid bitcoin's recent fluctuations, memecoins captivate the market, capping at $55 billion. Meanwhile, InQubeta aims to overtake Quant.
bitcoin (btc) has become volatile recently as it struggled to break through the crucial resistance barrier of $68,800. The recent activity underscores the vulnerability below the $66,000 support level. Meanwhile, the past few weeks have been amazing as meme coins have dominated the 2024 bull market rally.
This increase has had a significant impact on the market, driving the sector's market capitalization to over $55 billion. According to CoinGecko data, this represents an impressive 11% growth.
Meanwhile, ai?utm_source=PR&utm_medium=organic&utm_campaign=crn&utm_content=182″ rel=”nofollow noopener” target=”_blank”>Qubeta (QUBE), a new ai-powered altcoin, has gained traction and caught the attention of the crypto community with its performance. InQubeta aims to overtake Quant (QNT) in the market by offering fractional investment in ai startups. Analysts have predicted that InQubeta will be one of the top altcoins to invest in because it aims to transform the way ai startups raise funds this year.
InQubeta emerges as the first crypto crowdfunding platform
ai?utm_source=PR&utm_medium=organic&utm_campaign=crn&utm_content=182″ rel=”nofollow noopener” target=”_blank”>InQubeta is gaining attention in both the cryptocurrency and ai space, aiming to surpass even Quant with its unique approach as the first crypto crowdfunding platform.
This new DeFi crypto project facilitates fractional investment in ai startups using QUBE tokens. QUBE is a deflationary ERC20 token built on the ethereum blockchain, which aims to change the way ai startups raise capital and interact with their community.
Through InQubeta's platform, each investment opportunity is converted into nft and fractionated, allowing investors to invest according to their budget while reaping the benefits of early backing.
The platform provides ai startups with a means to raise funds and offer rewards and stock-based NFTs. This ecosystem benefits both startups and QUBE token holders, as investors can easily support the projects they believe in, fostering a symbiotic relationship.
One of the most compelling aspects of QUBE driving it past Quant is its deflationary nature. A 2% buy and sell tax contributes to a burned wallet, effectively reducing the supply of tokens over time, and a 5% buy and sell tax feeds a dedicated rewards pool, allowing holders of QUBE earn rewards by staking your tokens. .
This new DeFi crypto model appeals to crypto investors looking for portfolio diversification and growth opportunities within the ai startup space.
Analyzing the recent btc drop and its potential prospects
According to Singapore-based QCP Capital, bitcoin's price movement has faced difficulties recently. It encountered resistance near $68,000, which limited potential bullish progress. Market volatility led to a test of the $65,500 level, but it faces downward pressure around $69,000. Concerns arose when the price fell below the $66,000 support. In recent days, sentiment fluctuated between fear and greed, with btc hitting lows of $64,500.
Furthermore, btc has since recovered above $66,000, indicating a reduction in fear among investors and a willingness to capitalize on market declines. Over the past week, meme coins have surged in popularity, bringing the sector's market capitalization to over $55 billion, an increase of 11%, as reported by CoinGecko data.
Quant positioned for substantial growth
Quant is currently consolidating within a price range after experiencing a recent drop. The price of the altcoin fluctuates between $118 and $144. There is a balance between bullish and bearish pressures as both sides aim to maintain levels above the 21-day moving average. QNT shows promising potential in this bull market as utility tokens gain popularity.
Cryptocurrency investors, particularly those interested in altcoins, are attracted to the decentralized private internet networks (DePIN) sector. With a focus on improving interoperability and optimizing network performance, Quant stands out as a token well positioned for sustained growth, even beyond the current cryptocurrency bull market.
Conclusion
Meme coins are experiencing massive price increases while bitcoin faces price fluctuations. InQubeta is making waves with its unique approach, aiming to overtake Quant as one of the top altcoins this year. As the platform continues to grow and attract investors and startups, it has the potential to double investor portfolios and lead the way for ai-powered finance.
For more information, ai/?utm_source=PR&utm_medium=organic&utm_campaign=crn&utm_content=172″ rel=”nofollow noopener” target=”_blank”>visit the InQubeta pre-sale either Join InQubeta communities.
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