Cardano Rose 21% In October; Can the ADA and QUBE Surges Continue?

Cardano has sparked optimism among old-time and beginner cryptocurrency investors upon showing signs of a steady climb after months of dismal performance and has left them hopeful that the upward trajectory can be sustained.

Additionally, new player InQubeta (QUBE) continued its growth in October, posting impressive figures during its presale. Cryptocurrency insiders are closely monitoring this Cardano surge and InQubeta’s strong potential as 2023 draws to a close.

Cardano’s Remarkable Run

Industry experts boldly predict that the bullish run begun by Cardano in October will continue until the end of the year. ADA, Cardano’s native token, recovered from a low of $0.2400 in mid-October and managed to climb above the 50-day EMA (Exponential Moving Average). As of October 26, the price of ADA has moved towards the 200-day EMA.

Experts and long-time investors believe that this top ten cryptocurrency will remain bullish in the future and that its rally has just begun. ADA’s buying volume continues to increase, hence, its price is also making an upward trend.

InQubeta’s Continued Upward Trend

InQubeta (QUBE) further cements its position as one of the best cryptocurrencies to invest in today. The revolutionary platform has already raised more than $4.2 million in the fourth stage of its token presale.

InQubeta (QUBE) is the best crypto to buy now because its transformative approach to investing in cryptocurrency and AI startups has captured the attention of many investors. The platform allows for fractional investment in artificial intelligence (AI) startup projects using QUBE, its native token.

To achieve this, promising AI startups first mint reward- and equity-based non-fungible tokens (NFTs). These are the best NFTs to invest in as each represents different incentives or equity in their companies, attracting more investors.

Promising AI startup projects are listed in InQubeta’s NFT marketplace, along with their NFTs for sale. Investors can go through the information provided about each startup to decide if they want to support its growth by purchasing its NFTs with their QUBE tokens. This unique NFT marketplace allows an easy and secure investment process, thanks to the efficiency and inherent security of smart contracts and blockchain technology.

Many analysts also tag InQubeta (QUBE) as a top crypto to buy because its vision extends beyond the Ethereum blockchain.  Industry experts cite the platform’s plan to become multichain in 2024 as a factor in its strong market position. This plan will help broaden the investment ecosystem and will provide more investment opportunities for the entire InQubeta community.

Another factor that encourages many to invest in InQubeta is the fact that QUBE is a deflationary token. This means its value will appreciate over time because of its application of a scarcity model. Simply put, for every transaction, there’s a 2% burn tax applied. As a result, the token becomes scarce and rises in value as demand for it increases. The platform also boasts of strong support from its growing community, particularly on X (formerly Twitter), positioning InQubeta as the best DeFi crypto project today. 

Bottom line

The impressive performance of Cardano (ADA) and InQubeta (QUBE) in October has sparked optimism in the crypto world. In particular, InQubeta’s presale success is an indication that the future is bright, not just for the crypto market but also for the AI sector. The question now is if both projects will be able to continue their upward trend. For many analysts, the answer is a resounding yes.

This article shows that both Cardano and InQubeta are worth investing in right now. But if you’re a beginner cryptocurrency trader, InQubeta (QUBE) may be the better choice because of its lower price point. It’s also a new project that’s been gaining a lot of traction since the start of its presale phase, which means its token price has the potential to skyrocket in the near future.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.