The recent speculation around the rollout of crypto-based spot exchange-traded funds (ETFs) has infused a fresh lease of life and excitement in the crypto markets. The rising surge in interest in spot ETFs marks a new era for crypto users which could pave the way for new opportunities for wealth creation in the new year.
The crypto ETF-led bull rally has also helped the cause of several top altcoins like InQubeta (QUBE) and Ripple.
While Ripple (XRP) has carved a niche for itself as a decentralized platform offering enterprise-grade solutions, InQubeta is an Ethereum-powered platform for startups where they can raise funds for their artificial intelligence-based projects.
What’s different about InQubeta is its unique model, cutting-edge features, and strong presale growth. It has made its way to top analysts’ best cryptocurrency ICO lists by raking in over $5.1 million in its presale round, which is currently in its fifth stage.
InQubeta: Driving new avenues of growth for startups
If you are often worried about what cryptos to buy now, InQubeta could be the answer to your prayers. The newly launched platform does more than an average cryptocurrency and has the potential to fuel new opportunities in both DeFi as well as the AI sector.
Its dynamic nature has propelled its popularity and has analysts keenly watching its growth journey. Apart from empowering startups, InQubeta enables anyone to turn into a startup investor without breaking the bank as they get access to budget-friendly projects. Its native cryptocurrency is the QUBE token and it determines all kinds of payments within the InQubeta ecosystem.
The QUBE token is a versatile asset that has captured analyst interest. Be it utility, security, or presale success, the QUBE token seems to be ticking off all the right boxes.
It has a supply of 1.5 billion which is spread out in different use cases to support the platform’s optimal growth. These cases include public sales, marketing activities, maintaining the liquidity pool, rewards, and paying legal advisors, among others.
The QUBE also offers staking opportunities to its holders. By staking their assets, crypto users can earn rewards. However, these rewards will vary depending on the period for which a token is staked. To give out staking rewards, the InQubeta team maintains a separate pool that’s funded by tax proceeds.
InQubeta uses the QUBE token to implement its decentralized governance structure as well. Under the decentralized autonomous organization model, the decision-making process involves a consensus among key stakeholders.
If a community member comes up with a set of changes that could potentially improve the protocol’s scope, they can pitch it to others. The proposal is discussed to underline its advantages and then put to a vote. Here, QUBE token holders enjoy an advantage in terms of special voting privileges. Using these voting rights, token holders can ensure that only well-intentioned proposals are implemented.
Lastly, the QUBE token has a deflationary model which protects token returns when the markets are reeling under inflationary pressures or battling volatility,
QUBE seems to be heading for huge momentum during its presale period and could deliver potentially handsome gains in the long term as per many experts.
Ripple announces winners of XRPL Grants Wave 6
Often referred to as the best cryptocurrency to buy in 2023, Ripple is a decentralized platform where businesses can find blockchain-powered solutions for growth. These solutions help to offer lightning-fast online transactions, reduce capital consumption, and explore new sources of revenue for its users.
The Ripple platform also helps central banks roll out digital currencies through its XRP Ledger (XRPL) technology. XRPL offers benefits like scalability and cost-effectiveness at much lower costs. Its native token is XRP and it’s used for all transactional purposes on the network.
Ripple has been able to drive global impact through initiatives that enable developers to create new solutions using its features. Recently, Ripple’s developer vertical rolled out recipients of its XRPL Grants Wave 6.
Under the program, a fund of $1.3 million was used to finance 22 projects powered by XRPL technology. These projects leverage technologies like GameFi, NFTs, DeFi, and tooling, among others. The winners were selected from 13 countries.
Conclusion
InQubeta and Ripple are considered altcoins to watch out for as they are powerhouses of features with user-friendly frameworks to promote last-mile adoption. Together, these cryptocurrencies cater to a large group of users, ranging from enterprises to regular crypto users, and can help them become financially independent.
Buoyed by their recent growth, analysts have expressed a lot of faith in these cryptocurrencies and expect them to deliver potentially huge returns over the long term.
