The market had barely recovered from the excitement about crypto ETFs when the altcoin sector sprung a surprise. Discussions about ETF acceptance criteria are now a thing of the past as Shiba Inu (SHIB) draws crypto users with its phenomenal growth.
The meme coin has been growing steadily much to the surprise of analysts. It remained resilient even after a 7% dip in its monthly performance threatened its market position.
Another altcoin that has exceeded expectations is InQubeta (QUBE). Built on the Ethereum network, the platform connects AI startups with investors to raise funds while helping them scale their businesses. It first shot to fame last year because of its presale growth.
Its sustained performance prompted analysts to include it among their recommended presales. So far, its ICO has raised over $9.6 million.
What you'll learn 👉
InQubeta: Supporting the growth of AI innovation
InQubeta is an online platform where AI startups can find blockchain-based resources for business development. The platform offers many services to help companies solve challenges ranging from fundraising to accounting support.
A pivotal part of the InQubeta ecosystem is its native cryptocurrency, the QUBE token. It’s powered by the ERC-20 standard and its supply is limited to 1.5 billion. The majority of the QUBE token supply is meant to be used for public sale but 35% has been reserved for operational expenses.
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Show more +The QUBE token is also used for investment in AI projects through InQubeta’s NFT marketplace. At this portal, NFTs are minted from offers filed by startups and then sold to investors.
Investors can weigh their options and either buy the whole NFT or a fraction of it. The payments are only made with QUBE tokens.
It’s a good crypto to buy as crypto users get to play a role in decision-making. All decisions related to the InQubeta protocol are taken in consultation with token holders. All community members are given voting rights which they use for passing a proposal for a protocol upgrade or new features.
By taking all stakeholders on board, InQubeta’s decentralized governance structure promotes democratized decision-making.
If you are looking to earn passive income with cryptocurrencies, the QUBE token can help with that too. As the token can be staked, its owners can keep earning crypto rewards throughout the staking period.
A separate rewards pool is maintained for staking and it’s funded by tax collections. The team also allocates a small portion of the token supply for the purpose. QUBE is becoming popular among holders since it has many unique utilities and targets the upcoming AI space.
It’s also among the best crypto investments to choose whenever markets are in the red. Its deflationary model keeps price fluctuations minimal during high volatility or rising inflation. The mechanism allows the QUBE token to stay relatively unaffected by market conditions.
Shiba Inu sees 49% uptick in user activity in 24 hrs
Shina Inu is an animal-themed meme coin that is among the best altcoins to buy now. Even a 7% monthly dip in its prices didn’t deter Shiba Inu fans from holding it.
The cryptocurrency draws inspiration from the Japanese dog breed of the same name. Though SHIB is its native token, the platform uses BONE as a governance token and LEASH for rewarding long-time supporters. Shiba Inu is backed by a loyal community of long-term holders.
The Shiba Inu ecosystem has been making rapid progress with its upcoming Layer 2 blockchain ‘Shibarium’ which is currently in the beta phase. The blockchain recently recorded a multi-digit growth in user activity within 24 hours.
As per data collected by Shibariumscan, the number of active accounts on the blockchain surged by 49% in 24 hours after registering a record growth of 554 accounts on February 14, 2023. The figure reflects the growing acceptance of Shibarium as a leading decentralized platform.
Conclusion
Shiba Inu and InQubeta are among the top crypto coins that analysts expect to explode this year. These two tokens might have different use cases but both of them are high on utility. These ecosystems make the process of exploring cryptocurrencies easier and are driving global impact with high potential.
They have been growing consistently and have performed well on most market indicators. Their ecosystems are protected by robust security frameworks that leverage the best of blockchain technology.
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
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