Aave’s GHO Stablecoin Reaches $1 Peg; Market Breakout Looms for Polygon and The Graph Top Rival

The crypto market is abuzz, with multiple headlines grabbing investors’ attention. After trading below the peg for over six months, Aave’s (AAVE) GHO stablecoin has hit the $1 mark.

This result is a follow-up effort from the wider community, which included integrations with the Aave decentralized finance (DeFi) lending protocol. In other news, InQubeta (QUBE), the top rival to Polygon (MATIC) and The Graph (GRT), has experienced profit, which signals a potential breakout for the project in the market.

InQubeta is transforming the crypto AI market with its innovative deflationary model and facilitation of fractional investment. Investors searching for the best crypto to buy are flocking to the presale platform, maximizing the opportunity QUBE presents. 

This article explores InQubeta as a top rival to Polygon and The Graph, anticipating a market breakout amidst Aave’s GHO stablecoin reaching $1 peg.

InQubeta (QUBE): NFT Marketplace Boosts Its Market Surge

InQubeta makes waves as the first crypto crowdfunding platform in the crypto space. A market breakout looms for QUBE due to its facilitating fractional investments in AI startups through QUBE tokens. Operating on the Ethereum blockchain, this new DeFi crypto harnesses the platform’s capabilities to establish a reliable and seamless investment environment for AI startups and investors.

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QUBE, a deflationary token, presents a distinctive investment avenue for cryptocurrency enthusiasts aiming for the best crypto to buy to broaden their investment portfolios. With a 2% tax on buying and selling transactions allocated to a burning wallet and a 5% tax directed towards a designated reward pool, QUBE holders stand to gain rewards by staking their tokens.

This feature positions this new DeFi crypto project for an imminent market surge and makes it an appealing investment for individuals bullish on the advancement of AI technology startups.

The integration of NFTs into the InQubeta ecosystem fuels its market breakout, making it one of the best altcoins to buy for substantial gain. Every investment opportunity is minted into an NFT and fractionalized, allowing you to invest according to your budget while reaping the advantages of early backing.

InQubeta’s NFT marketplace empowers AI startups to secure funding and provide reward and equity-based NFTs. Also, QUBE token holders can seamlessly invest in their chosen projects, fostering a distinctive ecosystem that rewards both stakeholders.

Polygon (MATIC): Announcing The Release Of AggLayer Version 1 Mainnet

Polygon Labs has announced the release date for the AggLayer version 1 mainnet. In an X post, the team revealed that the long-awaited interoperability standard will be released on February 23 and announced an “Aggregation Day” event to coincide with the debut. The release of the AggLayer marks another significant step for MATIC toward realizing the Polygon 2.0 roadmap. 

Aside from releasing components of the rebuilt Polygon architecture, developers aim to convert the MATIC token to POL, which acts as an inflationary token to protect the network. Amidst this interesting development, MATIC faces a formidable competitor, InQubeta, thriving in the market because of its revolutionary technology.

The Graph (GRT): Experts Predict Bullish Outlook In The Next Few Months 

The bearish pressure that hit The Graph in December 2023 persisted into the new year, with the token price falling by 9% in the last 30 days, according to CoinMarketCap. GRT attempted to break the $0.2103 resistance level, but the token was refused and eventually settled at the $0.1696 support level.

In the weekly charts, The Graph price has surged, rising by 7.50% in the last week. Graph trade volume also increased significantly as buyers began to dominate. If bulls continue to dominate, experts predict the token may trade above $0.3 in the next few months. Meanwhile, with a bullish outlook for GRT, it faces a key competitor, InQubeta, which is rapidly growing.

Aave (AAVE) GHO: The Safety Module Integration Is The Turning Point

The GHO stablecoin Aave has reached $1 after trading below that level for over six months since its July 2023 launch. GHO’s integration with the Safety Module AAVE has increased the price, moving the stock closer to its $1 target. According to the platform’s plan, users will get compensation for holding and staking the token. 

The 10% yield drew the necessary inputs and elicited a positive community response to boost network activity. Users can now borrow GHO tokens using USDC or USDT stablecoins and redeem them at a 1:1 ratio through Aave. Since its inception, the asset has slipped slightly below $1 in anticipation of essential integrations that have increased interest in the token. 

Conclusion

The integration of GHO into Aave’s Safety Module is a factor driving its growth. InQubeta has emerged as a top rival to Polygon and The Graph as it anticipates a market surge. Its innovative features, like the NFT marketplace and facilitating fractional investment in AI startups, make it one of the best altcoins to buy now.

With the presale ongoing, you can have your stake in the QUBE ecosystem by purchasing the token via the website.

Visit InQubeta Presale 

Join The InQubeta Communities

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Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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