The much-anticipated Shibarium, an Ethereum layer-2 blockchain developed by Shiba Inu developers, failed to meet expectations after its initial launch. This was meant to be Shiba Inu’s transition from a meme to a blockchain-based project with several use cases. However, the expectation was almost short-lived after its failed launch, although it is now up and running – but not before SHIB crashed. Meanwhile, a big winner from this situation is QUBE, a top utility token from InQubeta, as investors move their funds to this innovative project.
This post will explore the price impact of Shibarium’s initial failed launch on Shiba Inu and how QUBE emerged as the winner. Further, the factors that make QUBE a top crypto to buy will be dug into.
What you'll learn 👉
InQubeta (QUBE): A Top Utility Token at the Intersection of AI and Blockchain
InQubeta is at the center of the current frenzy in the crypto landscape. Its innovative concept has caught the attention of enthusiasts and investors, resulting in massive support and participation in its presale. It came as no surprise that a whopping $2.5 million has been raised in just a few weeks of the presale. With this bullish trajectory, it has positioned itself as the best new crypto to invest in now.
Its value proposition lies at the intersection of AI and blockchain. By leveraging blockchain technology, InQubeta intends to solve fundraising challenges in the AI industry by becoming the first crowdfunding platform via cryptocurrency. This has sparked enthusiasm within both the AI and crypto scenes, with the project appearing poised for adoption. As a result, early investment has the potential to yield substantial returns, making it one of the altcoins to watch.
By building the world’s first crowdfunding platform for AI startups, they will be able to raise funds within its custom-built marketplace. AI-based startups can raise funds by minting investment opportunities, which will be tokenized as NFTs and fractionalized. These fragmented NFTs will be offered to investors via the marketplace in exchange for stakes in real-world AI startups. Hence, this creates a mutually beneficial ecosystem for both AI developers and investors.
Further, its allure of exponential returns has also stirred excitement among investors and enthusiasts alike. According to analysts, the price will rally by as much as 25x before the close of the year. With the presale in its third stage at $0.0112, now is the best time to invest, as it is undoubtedly a top crypto to invest in.
Shiba Inu (SHIB) Tanks After Shibarium Failed to Meet Expectations
The build-up to the Shibarium launch, a layer-2 blockchain developed by the Shiba Inu team, was filled with excitement as SHIB rallied to become a top ten cryptocurrency by market cap. However, the Shibarium launch didn’t go as planned, with the SHIB rally coming to a sudden halt and the market cap decreasing by around $500 million hours after launch. It is currently ranked 15th by market cap as of press time.
The much-anticipated Shibarium couldn’t have had a worse launch. Just hours after launch, a major issue with the bridge was detected, with about 1,000 ETH stuck. Additionally, at the time, an estimated $750,000 in $BONE was reported to be stuck. This dragged Shiba Inu’s future into doubt, with fear and uncertainty spreading across the ecosystem. However, these issues have been fixed on the layer-2 blockchain, at least for now, but SHIB has yet to fully recover.
Conclusion
The failed launch of Shibarium resulted in a decline in Shiba Inu. Although some of the critical issues with the layer-2 blockchain have been resolved and it has been relaunched, SHIB is still trading in bearish zones. Meanwhile, this unfortunate situation shone the spotlight on QUBE, which experienced an influx of investors seeking innovative projects and growth. Thanks to its exceptional fundamentals and growth potential, QUBE appears to be the perfect answer to the question, “What crypto should I invest in?”
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