The cryptocurrency market is currently witnessing a new trend – whales accumulating InQubeta (QUBE) and Shiba Inu tokens. Analysts tracking the market feel that the move shows how the tokens are making rapid strides and are altcoins to watch out for this year.
InQubeta’s growth has taken many analysts by surprise as it is a newly launched token. The Ethereum-based platform bridges the gap between startups and investors and helps them explore mutually beneficial opportunities. The platform has released a native cryptocurrency which serves as the official medium of exchange of the InQubeta ecosystem — the QUBE token.
Another reason why analysts are excited about the QUBE token is because of its presale growth. Currently in its fourth presale stage, InQubeta has garnered $2.9 million in presale funding so far. No wonder InQubeta is on every leading analyst’s cryptocurrency ICO list for 2023.
InQubeta: A growth engine for AI startups
As a decentralized platform, InQubeta also has a lot in store for investors. Users get to access an investment opportunity even before it is launched in the market and reap rich rewards with the early bird advantage. Here are the Top 3 reasons that work in InQubeta’s favor.
1. Deflationary model
For many analysts, InQubeta is among the best cryptocurrencies to buy in today’s market because of its interesting features like a deflationary model that shields users’ returns against market volatility. In a deflationary model, the token supply is controlled in a way that it stays below the demand. To ensure this, the team regularly destroys extra tokens in circulation. A scarce supply will not only minimize price fluctuations but also keep the token value stable.
A great example of how this mechanism works is InQubeta’s tax collection process. If a person decides to buy or sell a QUBE token, then the user will have to pay a small tax on it. As these taxes are collected in terms of QUBE tokens, the token supply is bound to decrease over time. The team allocates a small part of tax proceeds for the burn wallet where these extra tokens are promptly destroyed.
2. Decentralized governance structure
For governance, InQubeta leverages the decentralized autonomous organization model which encourages all stakeholders to participate in operating the platform. Community members are free to voice their concerns and even suggest changes that might improve the scope of the protocol. QUBE token holders get voting rights that they can use for voting for such proposals. Unless a proposal is approved by token holders it cannot be implemented.
3. A transparent model
Apart from a robust security framework, InQubeta also has a transparent model which makes it easier for both startups as well as investors to find mutually beneficial opportunities. To launch with the help of InQubeta, startups have to come up with what they would like to offer the investors in exchange for funding. The offer could be a share in the company’s equity or a reward level.
These offers are minted into NFTs using tokenization and then made available on the NFT marketplace. Investors can evaluate and compare these NFTs and if they agree with a startup’s offer, they can purchase the NFTs using their QUBE tokens. The best part about these NFTs is that they can be fractionalised. Hence, users can either buy the NFT as a whole or a small part of it.
Shiba Inu: Scaling new heights with memes
Shiba Inu is a leading meme coin that’s inspired by a Japanese dog breed. Its native token is the SHIB token and it is used for all transactions on the network. The Shiba Inu team has also rolled out two other tokens — BONE and LEASH. While BONE is used for governance, LEASH has been rolled out to reward loyal Shiba Inu supporters with exclusive perks.
The Shiba Inu team is also working on Shibarium, a Layer 2 blockchain that will usher in a complete transformation of the Shiba Inu ecosystem.
Conclusion
By purchasing InQubeta early, you can forget worrying about what cryptos to buy now as the crypto project packs a punch with its utility-centric model and cutting-edge features. A key USP of this crypto project is its growth potential which helps you secure your financial future by creating a steady source of income. At the same time, by holding QUBE tokens, users can contribute to the growth of startups while benefiting from the high rate of growth in the AI industry.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
