It has been an eventful week in the crypto space— although maybe not for THORChain (RUNE) and Decentraland (MANA). These cryptocurrencies are the week’s biggest losers, with traders already shifting their attention to the next big thing. A strong contender is InQubeta (QUBE), a new AI altcoin. It has been tipped as a 100x token and has managed to raise a staggering $5.4 million in its ongoing presale.
In this article, we will cover THORChain and Decentraland and their price declines. In addition, we will explore why InQubeta is the best new crypto to invest in. Let’s begin.
InQubeta (QUBE): A 100x Token
Investors and traders have been overlooking more popular players in the crypto market for InQubeta (QUBE). This top ICO has raised a staggering $5.3 million in its ongoing presale. As a new token, it will be going in search of new price discoveries, tipped as a 100x token by analysts. This AI altcoin stands out for several reasons.
It stands at the intersection of two of the biggest trends in the world: AI and crypto. It will become the first crowdfunding platform for AI startups through cryptocurrency, thereby solving a critical problem in the sector. Ultimately, startups will be allowed to source funds through crypto, which could potentially reshape the AI industry.
This project is in the fifth stage of its presale and is positioned as one of the new DeFi projects to anticipate. A token costs just $0.0161 at its current ICO phase, which is an impeccable entry point.
THORChain (RUNE): The Week’s Biggest Loser
The week started on a good note, but THORChain (RUNE) will end it on the downside. It emerged as one of the top losers of the week, with traders in the red. Profit-taking among investors is the primary reason for this decline. Investors have been moving their holdings to other projects, hoping to ride other projects’ bullish waves. But will the forthcoming week be different for THORChain?
Despite its decline this week, THORChain is still one of the best coins to invest in. After all, it plays an important role in the crypto landscape. As a decentralized liquidity pool, it allows cross-chain transfer of assets. Inevitably, there will always be massive demand for THORChain. So, yes, it is a good crypto to buy, as it will rally in the coming days or weeks.
Decentraland (MANA): How Soon to Expect a Bounce Back?
Similarly, Decentraland (MANA) is also one of the week’s top losers. It saw a substantial decline in its price, which happened after its last rally. The question on the lips of many traders is, “How soon should a price bounceback be expected?” According to top analysts, the current price retracement in Decentraland is healthy. They believe this pullback will prepare it for a significant rally in the coming weeks.
Decentraland is a popular player in the metaverse crypto niche. This virtual reality platform is powered by Ethereum, and it allows users to create, experience, and monetize content and applications. The current bearish sentiment in Decentraland is expected to fade soon. After all, it’s bull season soon, and MANA is one of the best cryptos to invest in.
Conclusion
The week might have ended in the red for THORChain and Decentraland, but they are gearing up for a bounceback. So, their current prices might be a discount. Meanwhile, the growing interest in InQubeta can be linked to its potential as a 100x token.
Visit InQubeta Presale
Join The InQubeta Communities
The post RUNE and MANA Emerge as the Week’s Biggest Losers; InQubeta, a 100x Token Raises Staggering $5.4 Million in Presale appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/rune-and-mana-emerge-as-the-weeks-biggest-losers-inqubeta-a-100x-token-raises-staggering-5-4-million-in-presale/