Bitcoin’s 34K Surge Pushes Altcoins Mantle (MNT) and InQubeta (QUBE) Up

Bitcoin’s recent surge to $34,200 has not only helped its prospects but those of several new altcoins like InQubeta (QUBE) and Mantle (MNT). While Mantle has been around for a bit longer than InQubeta, the latter seems to have taken everyone by surprise as it is still in the presale stage. 

Powered by Ethereum, InQubeta is a platform where startups working on artificial intelligence-driven projects can find bona fide investors for their endeavors. 

With a wide array of cutting-edge features, InQubeta has been the talk of the town and has impressed even analysts with its presale performance. It’s currently in its fourth presale stage and funding has already crossed $4.1 million.

InQubeta: Making inroads in the AI industry with DeFi

Rated as one of the best cryptos of the year, InQubeta enjoys a pride of place in the crypto market all because of its progressive model. The platform caters to the needs of both startups as well as investors while helping them find opportunities for mutual growth. 

InQubeta has designed a native token that takes care of all transactional purposes on the network. It is called the QUBE token and it’s powered by the ERC-20 standard. Apart from transactional purposes, the QUBE token can be staked to support the platform’s growth. 

By staking their tokens, crypto users stand to gain rewards that are given from separate tax proceeds. Whenever someone buys or sells a QUBE token, they have to pay a small tax. Most of the tokens collected as tax proceeds are used for maintaining the rewards and liquidity pool, and for financing marketing initiatives. A small part of these tokens are destroyed to control internal inflation. 

The top altcoin has a deflationary model which makes it ideal for diversifying a crypto portfolio as returns remain intact even when the market is volatile. A deflationary cryptocurrency uses scarcity to tame price fluctuations. 

If a token’s supply is always less than the demand, it keeps the asset value stable. In case the demand is less than the supply, the extra tokens in circulation are destroyed. 

Another way in which the platform leverages the benefits of decentralization is its governance structure. While the team works diligently to ensure the platform’s optimal growth, community members are encouraged to put forward their concerns and suggestions. Their proposed suggestions are discussed first and then put to a vote. 

QUBE token holders play a key role as they are given voting privileges. Using their voting rights, token holders can ensure the implementation of proposals that can complement InQubeta’s balanced development.

Counted as one of the best cryptos of 2023, InQubeta has designed a hassle-free process to onboard startups. These companies need to come up with offers that entail a reward for the investors. These offers will be tokenized and then turned into NFTs. 

These NFTs can be accessed by investors on InQubeta’s online marketplace. Here, they can assess, evaluate, compare, and buy the NFTs if they like a startup’s project. Unlike many NFT marketplaces, investors on InQubeta have the option of purchasing a part of the asset and not the entire NFT. This is made possible due to fractionalisation making DeFi investments more affordable.

Mantle’s Journey Protocol Leaderboards are now live

Mantle has been designed as a Layer 2 protocol which is used by developers for scaling Ethereum-based solutions. The USPs of its novel code architecture include separate modules for data availability, transaction finality, and execution. Its native token is MNT. 

Mantle recently announced that Journey Protocol Leaderboards were now live where one could receive crypto incentives based on their leaderboard rankings. Participants would also get to interact with a colorful Mantle community. The Mantle Journey is an incentive-based program where the platform will be distributing MNT rewards to participants for participating with its protocol. Mantle is poised for a bullish phase as altcoins generally tend to mimic the BTC rally once accumulation phase is completed.

Conclusion

InQubeta is no ordinary cryptocurrency. It packs the power of DeFi and leverages it to amplify the impact of AI throughout a user-friendly model. It equips both startups and investors to forge their path to financial independence. 

Another reason why many analysts are calling InQubeta one of the best new ICOs of the year is because of its growth potential. InQubeta gives an average crypto user the chance to become a startup investor while staying on a budget. It has other measures like a strong security framework and a deflationary token to protect the interests of its token holders. 

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