The year has started strongly for certain top crypto coins as developments surrounding them result in positive market sentiment. Ripple (XRP) is finally preparing to leave the shadow of the SEC lawsuit behind as the grand trial commences. On the exact parallel is InQubeta (QUBE), an AI-centric cryptocurrency weaving a path offering incredible features with which it is set to outperform Chainlink (LINK) as the year progresses.
The token uses trending NFTs (non-fungible tokens) to provide fractional investments in AI tech startups. This article delves into Ripple’s final battle with the SEC, pointing out the features InQubeta has incorporated with which it plans to surpass Chainlink.
InQubeta (QUBE): Surging Past Expectations
InQubeta has been forging a path to prominence as its presale surges. The project has raised nearly $8 million, selling over 700 million QUBE tokens at discounted rates. The presale is currently in the sixth of ten stages, offering tokens at $0.01925 per token. Less than 6% of the tokens allocated to the current stage remain, meaning that the DeFi coin price will soon increase to $0.0224. Even at this higher price, investors will still see a 37.5% increase when it launches at its proposed list price of $0.0308.
This upcoming ICO is gaining investor attention because of its incredible utility, which focuses on crowdfunding within the blockchain to support the growth of startups in the artificial intelligence industry. Within its platform, opportunities in AI tech startups are minted into trending NFTs, allowing investors to diversify their portfolios and have several holdings in different firms. By doing so, they can earn passive returns as the company progresses. These NFTs can also be traded on the peer-to-peer marketplace for investors to purchase.
Investors can earn more benefits from holding QUBE tokens. InQubeta offers a staking mechanism that rewards token holders from a dedicated staking pool funded by a buy-and-sell tax. Investors can stake their tokens within this protocol to earn added returns on their staked tokens. It is a win-win situation, as the project could also benefit from the reduced supply and increased demand of the tokens, causing a potential price surge over time. Its platform is designed to function in a community-based manner, so investors get governance rights and can propose and vote on proposals before making decisions.
Ripple (XRP): Final SEC Showdown on the Horizon
Ripple has recorded three partial yet significant wins in its 3-year battle with the SEC. What started as a depressing period for the token, causing a downtrend in its DeFi coin price, eventually took a turn in July 2023 after US Federal Judge Analisa Torres ruled in Ripple’s favour. The token has since come out of a slump, rising above its lowest point of about $0.3 to over $0.6.
Ripple’s third setback brought about another price drop, but its $770 million fine towards the end of 2023 was recognized as a significant win for the token. With less than four months left for the final hearing from the US magistrates on the case, analysts are convinced that XRP will win, which could potentially cause an overall market boom.
Chainlink (LINK): Revolutionizing Interconnectivity Among Smart Contracts
Chainlink has been drawing attention as its market value continues to fluctuate. Its recent price action in the past week points to a bullish pennant pattern on the chart, confirmed by veteran crypto trader Ali. LINK is still facing some resistance around the $16 price mark.
The crypto token became a favourite among investors towards the end of 2023 after LINK delivered over 47% returns in under two months. If the token successfully gains support from the $12 level, it could break past its first resistance of $16.41 and turn bullish.
Conclusion
Top crypto coins are making moves on the decentralized cryptocurrency list as the bulls gain favour in the market. On the path to its grand hearing, Ripple is experiencing positive market sentiment, keeping its token price at a fair level. InQubeta and Chainlink are not being left out. While the QUBE presale continues to surge, breaking boundaries and surpassing expectations, Chainlink is attracting newcomers with unique features and a significant increase in its market value.
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Source: https://coinpedia.org/press-release/xrp-wraps-up-2023-inqubeta-set-to-outperform-link-in-2024/