Many in the cryptocurrency space are already proclaiming InQubeta ($QUBE) is one of the best coins to invest in as whales with deep pockets flock to its presale. Over $3.2 million has been raised so far as the event reaches its fourth stage. Early investors have almost doubled their capital while those who join the presale now get to triple their investment by the time it ends.
Meanwhile, defunct cryptocurrency exchange FTX continues to negatively impact crypto prices as the company works its way through bankruptcy. Solana ($SOL) investors might see the 12% growth they’ve enjoyed over the past week disappear as FTX liquidates over $1.2 billion worth of $SOL.
InQubeta hosts an Ethereum-based blockchain and plans to open up investments in artificial intelligence by swapping stocks with non-fungible tokens.
Best coins to invest in: Whales propel InQubeta ($QUBE) past the $3 million milestone
Investors with deep pockets have been one of the various factors driving the success of the InQubeta presale despite how strong bearish sentiments in the cryptocurrency sphere have been for the past couple of months.
The project taking on traditional investment avenues is another factor driving its success. Mainstream investing firms are often inefficient and inaccessible. Many have unreasonable trading fees that eat up a substantial portion of profits while others have elitist requirements like proving earnings over $200,000 for two straight years for angel investment opportunities.
With InQubeta, there are no income, geographic, or any other type of entry barriers for investors to deal with. Anyone on the InQubeta network can buy part ownership of AI firms and enjoy substantial profits as these companies grow and innovate. Here’s what the process looks like:
AI startups looking for funding are evaluated by InQubeta’s team to determine if they meet the eligibility criteria to fundraise on the network
If approved, these startups make equity-based ERC20 coins that are listed on the NFT marketplace. These tokens work like stocks and can be bought with $QUBE
Investors buy $QUBE with fiat or top crypto coins and use it to invest in AI startups. The value of NFTs purchased can be monitored through their user accounts and tokens can be traded anytime in the marketplace
InQubeta’s creative solution will help to drive more capital into the AI sphere, advancing the technology while making it easier for global investors to partner up with these companies.
The presale couldn’t be timed any better as interest in companies that advance artificial intelligence has surged significantly in recent years. Investments in AI went from $12 billion to $120 billion from 2015 to 2022, and an additional $1.5 trillion is expected to pour into the industry in the next several years.
InQubeta’s utility places it right in the middle of the artificial intelligence revolution as the first decentralized project to open up investments in AI startups.
FTX’s Solana ($SOL) dump shouldn’t have a significant impact on prices
According to bankruptcy proceedings, FTX currently has over $200 million in real estate, $119 million in Ripple ($XRP), $192 million in Ethereum ($ETH), $560 million in Bitcoin ($BTC), and over $1.6 billion in $SOL.
With the company cleared to start liquidating its assets, some $SOL investors are worried that $1.6 billion in $SOL being dumped in exchanges could have a drastic impact on prices. However, FTX has only been approved to liquidate its assets in batches, and a large portion of its $SOL bag won’t be released until 2025. FTX can only liquidate $100 million in cryptocurrencies per week, so the quantity of $SOL that will be sold is unlikely to have a major effect on prices, especially when the Solana Foundation issues more new tokens than that weekly.
Summary
Solana prices shouldn’t drop significantly due to FTX liquidating its holdings, but its growth will likely be stifled by it. $QUBE is poised for 300% growth during the remainder of its presale, making it one of the best coins to invest in right now. Prices are projected to surge 100x when tokens launch on exchanges.
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Source: https://www.analyticsinsight.net/qube-draws-big-crypto-whales-in-presale-will-ftx-smash-sol-bulls/