Argentinians are abandoning the US dollar in favor of Bitcoin (BTC) as the cryptocurrency’s value reached an all-time high this March. The trend persists as Argentinians search for a solution to the country’s accelerating 276% inflation. Also, there is a rising appeal for Fetch.ai’s (FET) rival, InQubeta (QUBE), another AI-backed project climbing the crypto ladder.
InQubeta is set for significant price jumps before the year concludes, promising profitability to investors. This project is a prime decentralized finance (DeFi) example of how blockchain technology and artificial intelligence (AI) interlink in cryptocurrency. Its ongoing cryptocurrency ICO has seen an influx of new and experienced investors capitalize on its proposition.
This article explains how InQubeta is in for an upsurge to join the crypto top 50 amid BTC becoming a refuge in Argentina’s strained economy.
InQubeta (QUBE) Draws Investors With Its Top-Notch Proposition
InQubeta’s NFT (non-fungible token) marketplace comes into play to catalyze how investors support and fund AI tech startups. These startups can use blockchain technologies to create NFTs that depict shares in their innovative AI projects. The QUBE token is the powerhouse of this platform, as it allows investors to earn rewards for their support. The popular NFT marketplace creates a broad ecosystem for many investors to access the AI space, making InQubeta one of the best DeFi platforms.
InQubeta‘s burn mechanism makes it more appealing, as it helps its users watch their investments grow. QUBE has a fixed maximum supply and a 2% transaction tax, creating deflationary conditions that could appreciate its token value over time. This new altcoin also functions as a governance token to empower its holders and ensure that the needs of its community are prioritized.
This cryptocurrency ICO has sold over 926 million tokens in nine presale stages, adding to the testament that the project is set for an upsurge in sales and value. Each token currently sells at $0.028, and the presale has raised over $12.4 million in funding. As the DeFi crypto list expands, the enticing proposition of InQubeta is heightening institutional interest in the project because if this momentum continues, it’s on target to enter the top 50 cryptocurrencies.
Fetch.ai (FET) Reaches New Price Peak
Fetch.ai is an AI token that grants holders access to large datasets through automated bots called digital twins. These bots can negotiate deals or perform trades on users’ behalf; such technology is expected to reshape e-commerce in the coming years. FET’s integration of AI into blockchain brings a paradigm shift to traditional blockchain projects.
FET reached its second ATH this month on March 10, surging to $3.11. With the growing mainstream adoption of AI, investors are keenly diversifying their portfolios with related projects and have marked InQubeta as an even more robust alternative to Fetch.ai.
Bitcoin (BTC) Demand In Argentina Rises To Highest Level In 20 Months
Bitcoin purchases in Argentina approached their highest weekly value in 20 months at local cryptocurrency exchange Lemon, the most popular among retail customers in the South American country. In the first week of March, the number of weekly BTC purchases in the country increased to 34,700—double the number of buyers in February. This uptick aligns with Bitcoin’s significant appreciation in recent months, climbing up to 65% in the year-to-date and peaking at over $73,000.
The recent price gain of Bitcoin is heavily influenced by the US’ first spot Bitcoin ETFs and excitement about its halving in April. Argentinians are buying BTC to protect themselves from 276% inflation instead of rushing to exchange pesos for dollars. The country’s new leadership is fighting to prevent it from sliding into its sixth recession in a decade.
Conclusion
Bitcoin is increasingly seen as a hedge for inflation worldwide, and Argentinians are increasingly buying into it to fight the enormous 276% inflation in their country. Fetch.ai is performing well, but its rival, InQubeta, also has its presale, which is selling out quickly. InQubeta’s aim to transform the AI investment sector is already in force following the success of its ongoing presale, taking the emerging project atop the DeFi crypto list.
As investors purchase more tokens, the current stage will likely conclude faster, with the per-token QUBE price increasing to $0.038 when it launches. InQubeta is a top pick among investors who want to enter the world of innovative AI solutions. Get QUBE now!
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