Ethereum Fees Hit Nov. 2022 Low; Injective & InQubeta Set for Bullish Move

Ethereum Fees Hit Nov. 2022 Low; Injective & InQubeta Set for Bullish Move

InQubeta (QUBE) has the potential to be one of the top crypto coins in a couple of years thanks to the imaginative way the platform makes it simpler than it has ever been to invest in artificial intelligence (AI). Its presale has already raised over $3.5 million, and the event isn’t even at its halfway mark yet.

Ethereum ($ETH) is another altcoin to watch as prices have dropped 17% in the past six months and trading fees are currently as low as they’ve been in over a year. Historically low trading fees have preceded bull runs as more users jump on its network to transfer assets.

The InQubeta project is deployed on the Ethereum network so it enjoys its functionality and security. It’s one of the most promising new DeFi projects launched this year with the potential to play a considerable role as the AI revolution unfolds.

Top crypto alt coins to watch: InQubeta poised for 100x growth once released on exchanges

InQubeta providing an alternative way to invest in artificial intelligence frees the flow of capital to AI startups, which helps to advance the technology. Mainstream investment avenues often have stringent requirements that disqualify many people from using their services. InQubeta’s DeFi platform allows all those who don’t have access to traditional avenues to invest in AI and enjoy the rewards that come with such investments.

The viability of artificial intelligence has increased exponentially in the past several years as many concepts become reality. Self-driving taxis now operate in cities like San Francisco and Tesla’s Optimus humanoid robot is closer to becoming a reality.

AI will only improve with each passing year, so it’s safe to say it’s on course to be the next major technological breakthrough. AI will disrupt many industries as tasks that were once performed by humans become automated, but it will also create opportunities for investors to earn massive returns. Those who invest in AI today also protect themselves against the uncertainty the technology will undoubtedly cause.

Here’s what investing in the InQubeta network looks like:

  • Startups mint investment opportunities into non-fungible tokens (NFTs). Also called ERC20 coins, these tokens are reviewed by InQubeta’s NFT team before being added to the ERC token list on the marketplace
  • Investors buy $QUBE with top crypto coins or fiat and use it to make purchases on the NFT marketplace
  • Investors get full control of their NFTs and can track their value in their InQubeta accounts
  • Tokens can be traded on the marketplace at anytime
InQubeta, Ethereum Fees Hit Nov. 2022 Low; Injective & InQubeta Set for Bullish Move

Ethereum’s low fees might be a sign of an incoming bull run

The latest cryptocurrency bull run appears to be over as prices, once again, start trending downward. Cryptocurrency analytics firm Santiment recently revealed the average $ETH transaction fee in the past week was $1.13, the lowest average since November 2022.

Lower fees often lead to an increase in the use of $ETH, which, in turn, leads to higher prices. The last time $ETH transaction fees were this low, prices went on a considerable bull run shortly after.

However, market metrics currently tell a different story, with its relative strength index at 39 and simple moving average at 1647 indicating selling might be the more prudent choice.

Summary

$QUBE is set to be a top crypto coin thanks to the utility the top DeFi project provides by making it easier to invest in artificial intelligence. It provides a secure, transparent, and efficient alternative to mainstream investment firms and it’s positioned to help funnel the $1.5 trillion likely to be guided into AI in the next several years.

$ETH could also be poised for substantial price growth as transaction fees are at their lowest prices in a year, but any growth it experiences likely won’t be comparable to InQubeta’s projected 100x growth once launched.

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Disclaimer: The statements, views and opinions expressed in this press release are solely those of the content provider and do not necessarily represent those of CoinChapter. CoinChapter will not be responsible in any way for the content of the same. Do your research and invest at your own risk.

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