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Can FTX Token’s Rally Continue? Here Are 3 Cryptos to Keep an Eye On

4 mins
Updated by Geraint Price
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The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice

As the crypto ecosystem observes the ongoing rally of FTT, the native cryptocurrency of FTX, with most people waiting for the other shoe to drop, three cryptos, InQubeta (QUBE), NuggetRush (NUGX), and BorroeFinance (ROE), are enticing investors to join in as early investors.

FTT “Rising Within the Law”

In a twist that has left observers attentive, the native token, FTT, of the now-bankrupt crypto exchange, FTX, is on a rally. Reportedly, due to a comment made by US Securities and Exchange Commission (SEC) chairman Gary Gensler in response to questions about Tom Farley’s, the former president of the New York Stock Exchange (NYSE), interest in buying FTX, the price of FTT has risen as high as 140% in a week.

As of the time of this writing, it was exchanging wallets at $3.50 and was up 141.7% on its 7-day price chart and 182.3% on its 14-day chart.

In Gensler’s words: “If Tom or anybody wanted to be in this field, I would say, ‘Do it within the law.’” This response might have appeared to many as hopeful if the price rise is any indication. However, the question remains whether the rally will continue and whether the FTX can be revived to its former glory.

While these speculations about FTT can only be answered over time, QUBE, NUGX, and ROE are taking up spaces in the portfolios of different investors as their presale phases continue.

InQubeta, the Crypto Crowdfunding Platform

Crowdfunding has become a quick way to raise money for a cause or a business. Usually, it banks on and harnesses the network one has or can access to help raise the needed funds. It is a practice that has been in use for a long time. InQubeta aims to use this method to easily access funding for artificial intelligence (AI) startups.

The AI industry has a peculiarity that makes it unique and, many times, an unfit candidate for the traditional methods of fundraising. This means that AI startups might have some challenges raising funds for their businesses. Through its platform and its NFT marketplace powered by its QUBE token, InQubeta solves this.

If the startup creates reward- and equity-based NFTs that show what kind of investment opportunities there might be and then sells them in fractionalized bits on the market, investors on the platform can make investments that are safe, easy, and fit their budget. So, while the startups raise funds from the sale of these fractions of NFTs, the investors support the AI industry and earn the rewards of an early investor.

QUBE is currently in stage five of its presale and is selling for $0.0161.

NuggetRush: the Impact Gaming and GameFi Project

The meme coin space, for a long time, needed something different that was not just a joke token. The NuggetRush token, NUGX, might be what the space needs. 

NuggetRush stands out as a community play-to-earn (P2E) blockchain game because that gives users back control over their decisions and data, but that’s not all. It also supports deserving causes, like the betterment of artisanal miners in underdeveloped countries. While it provides an immersive gameplay experience, NuggetRush also rewards players with valuable in-game assets, some of which can be collected as real-world gold.

The collection of characters can serve as both gaming characters and NFT collections, and players can customize their avatar NFTs and sell them or trade them on the player-driven peer-to-peer (P2P) NFT marketplace.

Impact Gaming and other features offered on NuggetRush have made its native token, NUGX, one of the meme coins and altcoin investors’ favorites. As of the time of this writing, about 62% of the stage two tokens have been sold in the NUGX presale. Currently selling for $0.012, NUGX will be listed at $0.020 after its presale.

BorroeFinance: Powering the Web3 Revolution

As the platform of the first AI-powered Web3 blockchain invoice discounting marketplace, BorroeFinance, powered by ROE, is redefining borrowing.

The Web3 market is evolving and expanding rapidly, and more creators are coming up in the space. The need for quick access to funds is a challenge that Web3 creators and builders face, and the unique nature of the space makes it unsuitable for traditional financing options most of the time. Borroe helps these businesses borrow in a different way that leaves everyone involved satisfied.

Web3 creators can quickly get the money they require upfront by selling discounted NFTs that represent future outstanding revenue streams like retainers, subscriptions, or royalties on the marketplace. Investors in the community can buy these NFTs with ROE.

ROE is now in stage two of its presale and selling for $0.015. Over 90% of the allotted tokens at the present stage have been sold.

Using AI, the platform manages and assesses the associated risks, automates the entire process, and delivers real-time updates on the fundraising. The Web3 business owners maintain ownership and control of their business while working with an audience that understands it.

Visit InQubeta Presale | Join NuggetRush Presale | Buy BorroeFinance presale

Disclaimer

This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content.

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BeInCrypto Team
BeInCrypto Team comprises a diverse group of experienced journalists, analysts, and crypto enthusiasts dedicated to delivering the latest news, insights, and analyses in the cryptocurrency market. Our mission is to provide accurate, unbiased, and timely information to our global audience, empowering them to make informed decisions in the ever-evolving crypto landscape.
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