As discussions about which cryptocurrencies could meet the ETF acceptance criteria lose steam, the rallying prices of altcoins serve as the perfect distraction.
Notable among them is Shiba Inu (SHIB), which has soared after more than 5.2 million tokens were burned in a day, in January 2024. These burns have continued, and the dog-themed token’s burn rate in the past week has crossed 2000%, proving once again why it’s too soon to dismiss it.
The other altcoins that have shaken the crypto industry are InQubeta (QUBE) and Quant (QNT). While InQubeta is a crypto-based fundraising platform for AI startups, Quant is an enterprise-grade platform for businesses.
The two tokens garnered global attention with their steady growth and have helped many users regain faith in the potential of cryptocurrencies. InQubeta’s record high could also be attributed to its recent presale gains, which currently stands at over $11.7 million.
InQubeta: The secret sauce for startup success
InQubeta has been infusing the efficiency and transparency linked with cryptocurrencies into the AI startup ecosystem.
Under its unique model, crypto users trade tokens for NFTs which represent an equity share in a startup. The mechanism helps both startups and users attain financial independence. The platform’s native cryptocurrency known as the QUBE token is used for all transactional purposes.
With a supply of 1.5 billion, the QUBE token is among the hottest-selling cryptos of today. The success of its ICO has cemented its position as an analyst-recommended presale.
Despite the vast supply, not all tokens will be available for sale. The team has decided to set aside 35% of the tokens for meeting operational expenses and the rest will be put up for sale.
The QUBE token plays a pivotal role in the advancement of the ecosystem. As technology advances, a need might arise to upgrade the protocol. The extent and plausibility of such changes are decided through a voting process.
To participate in such votes, token holders get voting privileges to express their opinions. The mechanism ensures that a suggested change is reviewed by holders and then implemented.
Quant presents report on ‘Project Rosalind’
If you are an entrepreneur or enterprise looking to leverage blockchain to ramp up operations, Quant could be a good crypto to buy. Through its native token QNT, the platform makes DeFi solutions more accessible and future-proof for financial institutions.
Its blockchain-agnostic platform Overledger enables smart contracts to connect with APIs seamlessly. The feature enables entities to utilize Quant’s solution without needing technical knowledge.
Quant offers new-age services where it helps central banks create and manage their own digital currencies. Quant’s features help institutions deploy central bank digital currencies (CBDCs) that are more secure and scalable without compromising security.
The platform recently released its report on ‘Project Rosalind’ which was an experiment to explore the progress made by retail CBDCs. The project was helmed by the BIS Innovation Hub London Centre (BIS) who looked into how APIs could help in providing retail payments with CBDCs.
Shiba Inu among Top 10 cryptos to invest in March 2024: Forbes
Regarded as one of the best crypto investments available in today’s market, Shiba Inu is an animal-themed meme coin.
Inspired by a Japanese dog breed of the same name, the meme coin’s native token is SHIB. The platform offers multiple Web 3.0 solutions to its users which include its Layer 2 network Shibarium and crypto exchange ShibaSwap.
The number of daily active addresses has also reached more than 21000, and this crucial metric has impressed many investors.
The platform was recently in the news after leading business magazine Forbes ranked the SHIB token among the Top 10 cryptos of March 2024. According to the publication, the meme coin’s rising value and market cap could be key drivers for its price.
Conclusion
Challenging conventional wisdom, InQubeta, Quant, and Shiba Inu have been unlocking new price trends that reflect their potential. Rated as some of the best altcoins to buy now, the three coins have been driving financial inclusion for various audience groups and creating new possibilities in the DeFi sector.
Shiba Inu is a user-friendly token that doesn’t let experience bar people from exploring its features. InQubeta and Quant, meanwhile, enable businesses to navigate through growth challenges by leveraging blockchain.
What’s common between these top crypto coins is their robust security frameworks which assure people about the safety of their assets. These security systems have also been vetted by top-notch blockchain audit companies.
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.
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