It has been underwhelming so far in May as the bloodbath continues, despite the anticipated market bounce. Nevertheless, Ripple (XRP) appears to be picking up steam as its legal tussle with the SEC approaches its end. Reflecting broader market sentiment, Pepe’s (PEPE) disappointing run continues.
Meanwhile, large-volume investors, or whales in the popular crypto lingo, have been captivated by InQubeta (QUBE), a new AI coin. After recently launching on Uniswap and MEXC in April, not to mention its bullish AI narrative, its potential is unmatched, making it one of the best cryptos to buy now.
InQubeta (QUBE): Becoming Whale Favorite
InQubeta (QUBE) is quickly becoming a new favorite among whales for several reasons. Between its advanced tokenomics and staggering growth prospects, its appeal is unsurprising. It is set to dominate the crypto market and become the next unicorn—a new player to watch out for.
As a newly-launched AI altcoin, its potential is through the roof. The market cap is valued below $60 million, with plenty of room to run. Analysts anticipate a 7,000% uptick before the year’s end, positioning it as arguably the best new crypto to invest in.
In addition, in the interplay of demand and supply, the total supply is capped at 1.5 billion tokens, which will continually decrease. Thanks to its burn mechanism, it is a compelling token to hold long-term, as it will benefit from the scarcity effect made by burning: 2% of all QUBE sales and 1% of all purchases.
On the demand side, the QUBE token boasts solid use cases. Aiming to reshape AI’s fundraising scene, InQubeta’s crypto-based crowdfunding platform will enable tech startups to raise capital through the QUBE token. Further incentives for holding include staking and voting rights, which are essential to contributing to demand and propelling the price.
Ripple (XRP): Preparing For a Bounce
Ripple (XRP) is among the best altcoins, despite the SEC’s intense scrutiny. The vital role it plays in the international payment landscape ensures rising adoption among retailers and institutions alike. However, its ongoing case with the agency—dragging on since 2020—has pushed the price to levels last seen in 2018.
The good news is that after years of waiting, the legal battle with Wall Street’s top guy is fast approaching its end. A penalty will likely be paid by the fintech company for its sale of assets to institutional investors, which the court found it guilty of.
As the end looms, confidence is being restored, with investors going on an XRP buying spree. Meanwhile, the bull market is expected to pick up steam any moment from now and one of the best ways to position for huge gains is by HODLing XRP.
Pepe (PEPE): In the Red
Pepe (PEPE), a frog-themed cryptocurrency, is one of the best meme coins. It launched in the second quarter of 2023 and its growth is one for the books. Despite its lightheartedness, it has evolved to become a solid crypto and one of the top altcoins.
Navigating the volatile and turbulent crypto market, Pepe is on the downside. As the market took a downturn, so did the memecoin, losing key price levels. It has been a disappointing run for the frog-inspired token this month, outclassed by trending Solana-based memecoins like Bonk (BONK) and dogwifhat (WIF).
Nevertheless, a bounceback is on the horizon. With the bulls gathering momentum and given its budget-friendliness and significant upside potential, it is among the best cryptos to buy now—perhaps more compelling than new utility-backed projects like Wormhole, Starknet, and Pixels.
Conclusion
While XRP gathers steam for its next jump, Pepe remains in bearish zones. Meanwhile, InQubeta is quickly becoming a favorite among whales. Its advanced tokenomics and substantial growth prospects make it a must-have coin. You can learn more about this novel project through the link below.
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.
