Recently, there has been a buzz in the meme coin world as Dogwifhat (WIF) shot up by 15% in just one day. But what’s behind the hype around one of the best meme coins, and does it mean something bigger for the market?
In this article, we’re taking a closer look at Dogwifhat and emerging crypto InQubeta (QUBE), a blockchain ICO project focused on AI that’s getting attention as a rival to Monero.
What you'll learn 👉
Dogwifhat’s Woofing Up a Storm
In the midst of all these meme coins flying around, it’s Dogwifhat that’s been causing a stir lately. It shot up by 15% within a day, hitting a solid $4.14 during US trading hours. On top of that, it racked up a trading volume of $711 million, pushing its market value up to a hefty $4.15 billion, making it the 30th biggest cryptocurrency in the market at that time.
Taking a closer look at Dogwifhat’s price chart, there are some positive signs pointing to more gains. A golden cross pattern is happening, where the 20-day Exponential Moving Average (EMA) is crossing above the 50-day EMA. This basically suggests that the price might keep going up. Also, the Relative Strength Index (RSI) is sitting at 66, showing strong support for the price trend.
All this buzz about meme coins getting a boost comes right before the upcoming Bitcoin halving event, which is happening in less than 10 days. People are getting ready to make the most of the positive vibes in the market, and coins like Dogwifhat are getting a lot of attention because they tend to follow Bitcoin’s price movements.
InQubeta (QUBE): A Monero AI Competitor?
While everyone’s talking about Dogwifhat, there’s another player in the investment game quietly making moves: InQubeta (QUBE). Unlike Monero, which focuses on private transactions, InQubeta is all about opening up AI investments to everyone.
InQubeta is gaining traction as the best crypto investment platform for investing in AI startups using cryptocurrency. They’re using NFTs, which are like digital certificates of ownership, to represent shares in these companies, just like regular stocks. This means even small AI companies can obtain funding straight from investors without having to go through big investment firms.
Their goal? To make investing in AI open to everyone, not just the big players. They’re trying to bridge the gap between the old-school investment world and regular folks who want in on the action but might not meet the usually stringent requirements.
The cool thing about it is you don’t need to buy a whole NFT—you can just buy a piece. This lets smaller investors get in on opportunities that might have been out of reach before. Basically, InQubeta aims to be the go-to place for investing in AI startups on the blockchain.
InQubeta (QUBE) has been a hot topic among investors and crypto enthusiasts. People are excited about its focus on AI and its potential for big growth. Plus, being one of the new DeFi projects with lots of potential, it’s attracting investors looking to get in early.
With all that said, InQubeta’s presale is happening right now, and QUBE tokens are going for a discounted price of $0.028. The event has raised more than $13.4 million, and experts are saying there’s a good chance the price will shoot up once it’s fully up and running, maybe even going up by 70 times its current value.
Conclusion
Dogwifhat’s surge has again made it one of the best meme coins for many investors. Meanwhile, InQubeta is gaining the attention and enthusiasm of investors with its new approach to investing in AI. Head over to the InQubeta website to purchase QUBE ERC20 coins before the presale ends in a few days and to learn more about the project. Join the conversation on Twitter to get the latest news.
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