After a brief stint with the bear market, Solana is back on track and has reclaimed its position as a top altcoin. Gauging its growth, many analysts are of the view that it might be headed for another bull run and may even cross $300.
Another altcoin that has analysts going crazy is the Ethereum-based InQubeta (QUBE) which is a crowdfunding platform for startups. The platform has carved a niche for itself in a short span of time with its cutting-edge features and presale success.
Halfway through its presale stages, InQubeta has raked in around $4.2 million in funding and has sold out 93% of the cryptocurrency allocated for the current stage of its presale.
InQubeta: Unveiling the unmatched potential of AI and DeFi
The token’s total availability is limited to 1.5 billion tokens, of which 65% is set aside for presale stages. InQubeta made its way into the top analysts’ best cryptocurrency ICO list for 2023 after the speed with which it sold 450 million tokens.
The rest of the supply is dedicated to other activities like marketing, injecting liquidity, maintaining the rewards pool, and paying legal advisors, among others. These activities are aimed at supporting the platform’s growth across stages.
With the QUBE token, you can also stake these assets and earn crypto rewards by confirming transactions. The staked tokens will add to the platform’s liquidity pool and boost its growth. Along with this, you can also authenticate transactions that are processed on the network and earn rewards for your efforts.
To give out these staking rewards, the InQubeta team maintains a reward pool using the tax proceeds collected by the platform. QUBE has the early bird advantage and could potentially provide huge returns in the long term as per analysts’ estimates.
The QUBE token is an integral part of InQubeta’s governance structure. Being a decentralized platform, all major decisions are taken after consultation with all stakeholders.
If a community member has an idea that can potentially ramp up InQubeta’s features, they can pitch it to other community members who will discuss it.
Later, the proposal is voted upon by token holders who have special voting privileges. Depending on how useful a proposal is, token holders can influence its implementation and reject those with misleading claims.
As token holders get to have a say in the platform’s future course of action, InQubeta is one token that can end all your worries about what cryptos to buy now.
InQubeta has been termed as one of the best cryptocurrencies to buy not just because of its use case but also due to its transparency. A fair and transparent mechanism helps it win the confidence of both startups and investors who don’t have to go through any confusing documentation to find the right opportunities for growth.
The only thing that startups need before getting started is a rewards-based offer. The offer represents what the investors will get in exchange for plowing funds into a startup project. These offers are displayed on InQubeta’s online marketplace as NFTs. Using their QUBE tokens, investors can buy the NFT – either the entire asset or a small part of it.
Solana-based dApp to unveil crypto exchange with Mad Lads
Solana is a leading provider of Web 3.0 infrastructure to developers and assists them in deploying highly scalable dApps. Its native token SOL is the primary cryptocurrency of the network.
In a recent development, Backpack, a Solana-powered NFT app, announced that it would be partnering with the Mad Lads project to launch a regulated cryptocurrency exchange.
The new exchange will be called ‘Backpack Exchange’. Its launch comes shortly after the exchange secured a Virtual Asset Service Provider or VARA license in Dubai. Experts closely watching Solana’s rise have predicted that $300 may be the next accumulation level for the SOL token soon.
Conclusion
The recent gains made by the cryptocurrency sector have ended all doubts about its potential. Solana and InQubeta are among the altcoins to watch out for with their reliable use cases.
The two tokens have their fair share of strengths. Solana is a developer-friendly platform for creating dApps, and InQubeta is driving financial independence for both startups as well as investors with its features.
QUBE’s rapid rise has the cryptoverse excited and its unique utility could drive up its price rapidly in the future.