InQubeta ($QUBE) and many other top altcoins received a price boost when news that a U.S. judge had ruled that Ripple Labs ($XRP) didn’t meet the requirements of a security, clearing the firm from some of the charges filed by the US Securities and Exchange Commission (SEC).
The InQubeta presale has raised over $2.9 million despite bearish sentiments in the broader cryptocurrency market. It’s one of the few events in the crypto space that has been minimally impacted by the August market crash, and a growing number of investors are joining the presale for a chance to grow their capital 3x.
InQubeta takes on the inaccessibility and inefficiency of mainstream investment avenues by providing a secure, decentralized, and transparent way for global investors to acquire equity in artificial intelligence (AI) startups.
What you'll learn 👉
InQubeta ($QUBE) emerging as one of the best altcoins to invest in
InQubeta’s growth isn’t much different from what other firms that push advancements in the AI space have enjoyed in the past several years. Nvidia sent the S&P 500 on one of its biggest bull runs after revealing a 50% jump in the demand for its AI chips. The report sent Nvidia stocks flying up, taking the firm over a trillion-dollar market cap for the first time in its history.
Bullish attitudes toward firms that advance AI continue to intensify as investment in the space grows. AI investments went from $12 billion to $120 billion from 2015 to 2022 and are expected to surpass $1.5 trillion in the next several years.
InQubeta is one of those projects that is getting lots of interest from investors looking to be part of the AI revolution. The project uses ERC 20 coins and smart contracts to create an easy-to-access way to invest in AI that’s more efficient than mainstream options.
The $QUBE investment process
InQubeta allows AI startups to fundraise by creating and hawking equity-based ERC 20 coins on its blockchain. These tokens must be approved by the QUBE team before being posted to the ERC20 token list on the marketplace.
Investors buy the ERC20 coins of firms they like with $QUBE and get full control of them. The value of these tokens can be monitored through their InQubeta accounts.
Investing in AI isn’t the sole way to make profits on the InQubeta network. Investors can acquire $QUBE and stake it to help run the ecosystem. Stakers are rewarded periodically with additional $QUBE and they get to be part of the network’s origin.
Ripple ($XRP) losses all gains since its court victory
$XRP prices went as high as 83 cents on July 20 after a judge ruled it wasn’t a security. But bearish sentiments in the wider cryptocurrency space and the SEC’s interlocutory appeal over the decision has led to all those gains being lost. Ripple has responded to the SEC’s appeal and the latter has until Sep. 8 to address Ripple’s response.
$XRP remains one of the top altcoins per its market capitalization, but its prices have dropped more than 30% over a month.
Some analysts would say now’s the time to invest in $XRP since it seems to have found a new floor around the 50-cent mark. Positive developments as far as the platform’s legal issues are concerned could send prices upward by up to 100%.
Summary
$XRP has lost all of its gains since its victory against the SEC, but prices could easily double if it manages to thwart the SEC’s attempt to appeal the decision. Bearish attitudes haven’t been enough to stop the momentum of the $QUBE presale as it emerges as one of the best altcoins to invest in while crypto prices drop across the board. Some projections have $QUBE growing by as much as 100x once launched.
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