The end of the year’s second quarter was marred with increasing bearish sentiment and uncertainty, yet it was also the month of a significant rally. The broader crypto market experienced an upturn in June, with Bitcoin (BTC), Litecoin (LTC), and InQubeta (QUBE) being the coins that shone the brightest. Bitcoin surpassed the $30,000 mark, Litecoin rallied repeatedly in anticipation of its halving, and InQubeta registered immense presale success as investors swarm the project and its presale token, QUBE.
InQubeta (QUBE): The top presale
InQubeta is an emerging token in its presale and was one of the top coins to shine in June, considering the great participation in its presale and popularity in the crypto space. The innovative idea and solution it introduces to the crypto and AI space have been met with shouts of approval, making it on the cusp of adoption.
InQubeta has become the first crowdfunding platform for AI startups, which allows them to raise capital or funds for their projects or products. In addition, through InQubeta, the crypto community will be able to invest in startups in the burgeoning AI market, which completes its beneficial ecosystem. In summary, startups will be able to raise funds through its platform, and investors will be able to invest in real-world projects or products.
Its marketplace will allow the minting of investment opportunities, which can then be listed as equity-based NFTs. Investors will then be able to purchase fractionalized NFTs that represent stakes in startups and enjoy profits based on their investments.
Through its fractionalized investment system, investors have the liberty to choose their investment commitment as there are no buy limits. Other perks that come with holding the coin include voting rights and staking rewards that come with staking tokens on the platform. Additionally, the deflationary nature of the utility coin has the potential to increase its value in the future, which makes it a better long-term investment.
A testament to InQubeta’s success in June was its presale participation, which saw it raise over $800,000 in just a few weeks. The presale is in its early stage, stage 1, and over 70% of tokens allocated for the level are sold out. The token costs just $0.00875 and is one of the cryptocurrencies with the highest growth potential considering its combination of AI and blockchain technology.
Bitcoin (BTC) experienced an immense rally to outpace bearish sentiment in June
Bitcoin experienced tremendous growth in June. Despite crackdowns from regulatory bodies and uncertainty around the general crypto market, it broke the $30,000 resistance and hovered above it. Bitcoin’s rally also resulted in a broader market recovery, with other cryptocurrencies following suit.
Bitcoin has been in an uptrend for the most part of 2023 until its slump in mid-June due to bearish market sentiments and regulatory crackdowns. However, it soon recovered and surged even harder to reclaim the $30,000 support, thereby making it one of the coins to shine in June.
Litecoin (LTC) is a June top coin thanks to its bullish momentum
Litecoin’s rally has been fueled for the most part by its strong community support and anticipation for its halving in August. For the most of 2023, Litecoin has experienced bullish momentum so far, including June, despite uncertainty around the broader market.
Litecoin experienced a slump in price from early to mid-June due to concerns around the larger market but was able to recover and trade in an uptrend. Litecoin’s success in June made it one of the top gainers, alongside Bitcoin and InQubeta.
Conclusion
The undisputed winners of the second quarter of 2023 are Bitcoin, Litecoin, and InQubeta. Their strong fundamentals and strong community support help them wade through the bearish waters to stay in an uptrend, particularly InQubeta, which registered immediate success.
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