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Bitcoin and Cardano Benefit As Daily Trading Value Jumps 20%, QUBE Presale Nearing $9 million

4 mins
Updated by Maria Maiorova
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In a thrilling twist that highlighted the unpredictable but exhilarating world of the crypto market, a whopping 20% jump in daily trading volume marked a fresh upside for top crypto coins. BTC and ADA were at the forefront of this exciting surge. A new ICO, QUBE, also witnessed an influx of capital. Let’s take a deep insight into these exciting stories.

The Catalysts of Change: Bitcoin and Cardano’s Ascendancy

Bitcoin is back above the $44,000 mark, hitting a four-week peak as a result of multiple factors. The investor sentiment post BTC ETF and a noticeable uptick in big players piling into Bitcoin, signals a bullish wave in the crypto world. This optimism isn’t just confined to the best cryptocurrencies; it’s mirrored by record highs in U.S. equity markets, showing a renewed hunger for risk among investors.

Although some selling pressure came from the miner side, Bitcoin was quick to climb back, as it always does. Analyst Martinez highlighted an increase in wallets that have more than 1000 BTC stored inside them, which implies there’s more buying than selling.

Cardano’s journey has been riding on a similar high tide. Its trading volumes surged, and with a 9.8% price jump, it quickly made up for any recent slips. The buzz around Cardano was given an extra boost by Martinez, who spotted a Descending Triangle pattern on its daily chart—a classic signal that bullish winds might be picking up.

If Cardano can secure a bullish closure above the $0.53 level, it’s poised for a dramatic rally towards $0.68, breaking through a ceiling that’s held strong since the early days of January this year. This scenario sketches out an exciting path forward, hinting at a market brimming with opportunities and investor optimism.

InQubeta Presale Nearing a Massive Milestone

As we see the market recover post-ETF sell off, InQubeta’s presale performance remains undeterred. Within a couple of days, this top ICO quickly gathered an impressive $200k and is now inching towards the $9 million milestone. This positive upside is a result of a unique narrative that InQubeta brings to the table with fusion of AI and crypto. Imagine investing in startups through popular NFTs, and that also in fraction. Even a hundred bucks can get you a share in AI companies!

What is InQubeta’s vision?

Everyone is going crazy about the AI revolution as the next big thing, but very few of us have it easy when it comes to pouring money into AI ventures. InQubeta is building an ecosystem where everyone can reap the rewards of being an early backer. This is a goodbye to VC culture and a welcome to democratic investment platform where a wider crowd can participate.

Through the innovative use of trending NFTs to symbolize ownership in AI ventures, InQubeta simplifies the complex investment landscape, enabling a rich tapestry of investors to fuel the advancement of AI technologies. This approach cultivates a mutual growth environment, where investors and AI creators thrive together, pushing the boundaries of what’s possible in AI development.

The QUBE token sits at the heart of InQubeta’s world, acting as a key player in its ecosystem. It’s been meticulously crafted as a deflationary ERC20 coin that aims to reward those who invest in it, all while keeping things running smoothly on the platform. Standout features include a burn mechanism that helps maintain a balanced supply and a dedicated rewards pool designed to give back to the community. These thoughtful details are all about creating a strong community of supporters who will stick to InQubeta’s vision.

The interest in QUBE’s presale is notable—its value increased, reflecting the confidence people have in InQubeta’s project and the potential it holds for the future. Hacken, a top-notch firm known for its blockchain audits, has recently given InQubeta’s smart contract their seal of approval. On top of that, BlockAudit has verified InQubeta through their Know Your Customer (KYC) process, boosting the project’s credibility. 

InQubeta has some exciting future plans in the making. The team is working in partnership with top developers to build an intuitive marketplace where NFTs can be bought and sold. They are also looking forward to creating DAO and Swap, where QUBE will be the main token of interest. 

Closing Thoughts

Ever since the anticipation surrounding the SEC decision on Bitcoin ETF subsided, there has been some slowdown in the market. However, things have started to turn around in the last few days, with Bitcoin and Cardano leading the way. In the meanwhile, a newcomer InQubeta is garnering attention for its ongoing presale success. With the 7th stage of presale almost coming to conclusion, and two more to go, things are looking great for this AI crowdfunding initiative. This illustrates that innovation continues to be a priority in the crypto world, regardless of market conditions, highlighting a characteristic aspect of the industry.

As an investor, it is important for you to do thorough research before putting eggs in any basket. While Bitcoin and Cardano are already established forces, new ICOs like QUBE may provide more scope for gains. Proper analysis and due diligence is important to shoot for the stars and minimize downside risk.

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