Solana (SOL) The Market Black Horse; Bonk’s Decline Continues; InQubeta Set to Become the Next Big Thing
Solana (SOL) became the talk of the crypto community after hitting $200 earlier this week. This feat is remarkable considering the overall market’s decline, with SOL defying the market trend.
While SOL, the native utility token of the Solana ecosystem, is charting a bullish course, Bonk (BONK), a leading memecoin on the blockchain, continues its decline. Meanwhile, stirring up quite a buzz is InQubeta (QUBE), a new and emerging AI altcoin. Poised to shake up the crypto market, it is hailed as the next big thing and the best new crypto to invest in thanks to its integration of blockchain with AI.
InQubeta (QUBE): The Next Big Thing
InQubeta (QUBE) has all the signs of a token set to explode. Its bullish narrative as an AI altcoin will see it skyrocket upon launch, which explains the frenzy around the ongoing presale—a staggering $12 million raised in early funding.
In stage 9 of the ICO, a token costs only $0.028. Buzzing with optimism, experts predict a tidal wave of adoption after its market debut, tipping it for a 70x jump—an emerging crypto not to miss out on and a recommended presale.
While it boasts astounding upside potential as a new and promising crypto, its solid fundamentals as an AI altcoin make it even more appealing. Wading into uncharted territory, it aims to reshape AI’s fundraising scene by building the first-ever crypto-based crowdfunding platform for tech startups. Of equal importance is its custom-built NFT marketplace, which will open up the AI market to all investors, regardless of their income.
Solana (SOL): Hitting $200
Solana (SOL) is the most impressive cryptocurrency so far this year, outperforming Ethereum, the leading altcoin. It is building on its momentum from the previous year, which saw its price explode from $10 to over $100. With its foot firmly on the gas, its performance in 2024 has surpassed expectations, cementing its status as one of the top altcoins.
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Show more +Earlier this week, its price jumped to $200, defying market trends. Consolidation has taken the price down to $191 at the time of writing. Its uptick is being driven by the traffic within the Solana ecosystem, fueled by the meme craze. Also worth mentioning is growing institutional demand, which has also been propelling its price.
Its latest performance put it at the forefront of the current bull rally, outpacing newly launched cryptos like Starknet, Pixels and DYM. With further upsides anticipated, Solana is among the best cryptos to buy now—a bullish wave not to miss out on.
Bonk (BONK): Bearish Decline
Bonk (BONK), a Shiba Inu with a baseball bat, is a leading meme-inspired token on the Solana blockchain. As a dog-themed cryptocurrency, it was launched to follow in the footsteps of Dogecoin (DOGE) and Shiba Inu, the most popular dog-inspired cryptocurrencies.
It burst into the spotlight in 2023, with several early holders creating generational wealth. However, after hitting a new all-time high (ATH) this year, it has since declined amid profit-taking among investors, losing strong footholds. Nevertheless, this correction has been tagged as healthy, preparing it for its next run.
With a bounce-back on the cards, Bonk is one of the best meme coins to hold. Its low entry point and active community further make it appealing, making it a good crypto to buy.
Conclusion
Solana showed its potential by hitting a price milestone earlier this week after blasting through $200, while Bonk’s decline continues. Meanwhile, InQubeta is set to experience a tidal wave of adoption and you can become an early bird by participating in the ICO via the link below.
Visit InQubeta Presale | Join The InQubeta Communities
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