Memecoins Fail to Mirror Other Altcoins Bullish Movement: Investors Shift Focus From Dogecoin (DOGE) and Shiba Inu (SHIB) to InQubeta (QUBE)

Memecoins aren’t typical crypto investments as they are inspired by internet memes—characterized by humor or lightheartedness—and most lack tangible utility. However, this isn’t a dig at their growth potential, as they are one of the most promising narratives, boasting immense volatility.

Nevertheless, following the rise in investor sentiment post BTC ETF and altcoins soaring, memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) have been largely quiet. The exclusion of memecoins from the current market rally can be attributed to investors’ demand for utility-backed projects and not memes. Hence, investors have been tilting towards InQubeta (QUBE), an emerging AI altcoin with massive potential.

InQubeta (QUBE): Emerging Crypto With Staggering Potential

InQubeta (QUBE) is the talk of the crypto community, stirring up quite a buzz. It has been hailed as the best ICO thanks to its remarkable presale performance—a whopping $9.4 million raised in early funding. With an explosive surge anticipated after its launch, it is arguably the best new crypto to invest in.

The presale is currently in its seventh stage, and a token is priced at just $0.0224. Meanwhile, according to crypto experts, there will be an impressive 65x jump in its price after launch. This explains the unprecedented participation in its ongoing presale—a bullish wave you can ride as well.

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It is without a doubt that its huge upside potential is one of its biggest appeals. However, that isn’t all. It stands at the intersection of AI and blockchain—a very promising narrative. At this intersection, it aims to reshape the fast-growing AI sector, particularly in the areas of fundraising and market accessibility.

To address these challenges, it will build the first Web3 crowdfunding platform for AI startups through crypto. Of equal importance is its custom-built NFT marketplace, where all fundraising and investment activities will be held. By minting investment opportunities and representing them as equity-based NFTs, AI tech startups can raise funds. Further, through its fractional investment model, investors can become early backers of AI ventures regardless of their income.

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Dogecoin (DOGE): A Leading Meme Coin

Dogecoin (DOGE) is the first meme coin. You can call it the OG of memes. It was launched in 2013 as a fork of Litecoin and is envisaged as a fun and light-hearted cryptocurrency. Notably, it was designed to have greater appeal beyond conventional cryptocurrency as it was based on the popular “doge” internet meme.

Its acceptance and soaring adoption ushered in a wave of dog coins—the meme narrative. Today, Dogecoin is one of the market’s top altcoins—an incredible journey considering its humble beginnings.

Nevertheless, while it is among the best meme coins to invest in, investors often overlook it due to its lack of real-world applications. This explains Dogecoin’s underwhelming performance despite the bullish Bitcoin ETF impact on crypto prices. Although it will see positive price action in the future, now appears to be the time for utility-backed altcoins.

Shiba Inu (SHIB): Declining Investor Interest

Shiba Inu (SHIB) is the second-most popular meme coin. It is also one of the leading dog coins, capturing investors’ interest thanks to its strong memetic appeal. Of equal importance is its active community, which rivals many in the crypto space.

Amidst the rise in the overall market rally, Shiba Inu has been consolidating. With the bull market just starting—optimistically—there is high demand for more stable cryptocurrencies and not meme coins. This explains why SHIB hasn’t been mirroring the bullish movement of the broader crypto market.

Looking forward, Shiba Inu will see a period of rallying as attention shifts towards the meme narrative. As one of the leading memecoins, it will be among the first to soar, putting it among the list of best coins to invest in.

Conclusion

Memecoins have been underwhelming of late, with Dogecoin and Shiba Inu showing unimpressive price movements. Meanwhile, InQubeta, an emerging and promising AI altcoin, has become an investor favorite. On the verge of skyrocketing, you can participate in the promising QUBE presale via the link below.

Visit InQubeta Presale  | Join The InQubeta Communities

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Vignesh Karunanidhi
Vignesh Karunanidhi

Seasoned crypto writer with deep passion for blockchain and cryptocurrency

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