In a surprising development in cryptocurrency, an intelligent trader has made a massive profit of $24 million by strategically trading Wrapped Bitcoin (WBTC). By examining data from Lookonchain, it is clear that this trader took advantage of buying WBTC at lower prices and then selling it when the value of Bitcoin skyrocketed. At the same time, a new player in AI crypto on the market, InQubeta (QUBE), is preparing for a significant rise and aiming for a hundredfold increase in value.
InQubeta emerges as a decentralized platform specifically for startups that are dedicated to shaping the future of AI. The platform allows crypto enthusiasts to join this AI movement and support groundbreaking projects. InQubeta has also earned the title of best crypto ICO of the year, as its presale funding recently surpassed $5.5 million.
Let’s explore how a whale earned $24 million from WBTC trading and examine InQubeta’s potential for a substantial 100x surge.
InQubeta (QUBE): Revolutionizing AI Investment with the QUBE Token and NFT Marketplace
InQubeta is a pioneering AI project poised to capitalize on the prospect of an extraordinary 100x surge. The InQubeta ecosystem links startups with genuine investors, upholding fairness. The primary currency here is the QUBE token, the payment method within InQubeta. Investors can also hold and stake these tokens, enjoy their likely price increases, and earn dividends from an exclusive rewards pool. The rising interest in QUBE has led to it being described as the best cryptocurrency currently on the market.
The QUBE presale has sold more than 550 million tokens, proving its standing as the best crypto ICO. The presale is in its fifth phase, where investors can buy QUBE tokens for just $0.0161. This approach provides an exceptional opportunity since the presale includes ten stages in total. The final QUBE token price is projected to be around $0.0308. Many experts believe that QUBE prices will rocket by 50x after launch, making it the best cryptocurrency in 2023.
The QUBE token has a crucial role in operating the platform. It is not just for transactions but also for governance and platform promotion. 1.5 billion QUBE tokens are available, which can be purchased during the presale. Only 65% of the tokens will be part of the public sale. The remaining funds will be allocated to fund marketing campaigns, maintain liquidity, pay legal advisors, and reward stakeholders, among other purposes.
InQubeta has launched a popular NFT marketplace that aims to empower AI startups and investors, providing new avenues for funding and collaboration. This platform enables AI developers to secure funds for their startups by creating investment opportunities and converting them into NFTs. Established AI companies will support these unique tokens, which will be linked to equity ownership or other rewards. Investors who purchase these tokens will hold stakes in promising AI ventures and stand to gain significant profits as early supporters.
Wrapped Bitcoin (WBTC): Fueling Profits and Facilitating Smooth Transfers on Ethereum
Wrapped Bitcoin enables Bitcoin holders to participate in decentralized finance (DeFi) on the Ethereum network. As an ERC-20 token, WBTC facilitates the smooth transfer of Bitcoin’s liquidity into the Ethereum ecosystem. This compatibility grants Bitcoin users the opportunity to explore various DeFi protocols, broadening the use of their holdings beyond conventional methods.
A recent incident in the WBTC market showcased the profit potential for a trader. This trader, known as a “smart whale,” used three different wallets and deposited 1,957 WBTC tokens, worth around $75 million, onto the Binance exchange. According to Lookonchain’s analysis, the trader made an impressive $24 million profit. The strategy involved buying Wrapped Bitcoin at lower prices and selling it at a higher price. It’s worth mentioning that one wallet earned $11.6 million while the others contributed $6.3 million each.
Final thoughts
The success of the smart whale in earning $24 million from WBTC trading shows the potential gains in the crypto market. Adding to the excitement is the emergence of the new AI crypto platform InQubeta, which is expected to experience a 100x surge. InQubeta is set to redefine how we view investments in AI startups, with its unique features like impressive presale growth, a popular NFT marketplace, and widespread adoption. It’s a promising crypto investment with significant growth potential. Whether you are a beginner or an expert, InQubeta should be considered for your portfolio.
