A host of new partnerships, initiatives, and a legal victory over the SEC lawsuit have bolstered Ripple's position in the cryptocurrency market, fueling a price rally. It has been rated as one of the altcoins to watch, as analysts believe that the current increase in its price could also extend until 2024.
Meanwhile, another altcoin that has caught the attention of analysts is Qubeta (QUBE)a decentralized crowdfunding platform for startups working with artificial intelligence (AI).
The platform has made waves in the cryptoverse with its cutting-edge features that can drive the launch of impactful AI solutions. Another reason why experts can't stop talking about InQubeta is because of its growth in pre-sales.
Having reached its fifth pre-sale stage, InQubeta has already raised $4.3 million and has secured a place on every analyst's list of best cryptocurrency ICOs with this milestone.
InQubeta: an investment in the future of AI
InQubeta It may have been launched just a few months ago, but in this short period, it has managed to attract both cryptocurrency analysts and users due to its innovative model.
While bringing together brilliant ideas from startups and enthusiastic investors on the same platform, you are building the future of AI. The platform's native cryptocurrency, the QUBE token, determines all transactions and payments to ensure seamless interactions between startups and investors.
The QUBE token can currently be purchased in pre-sale and whales have been busy accumulating large volumes.
The QUBE token is a utility-backed cryptocurrency. Since it plays a key role in platform operations and protecting users' interests, it is one of the best cryptocurrencies to buy in the market today. The total available supply of the token is 1.5 billion and 65% is reserved for the pre-sale stages.
The remaining 35% of the tokens are divided into different use cases to support the future growth of the platform. These use cases include funding marketing activities, paying legal fees, and maintaining liquidity and rewards pools.
QUBE is a unique asset that helps you earn additional passive income through betting as well. By staking their assets, cryptocurrency users can operate as validators that authenticate transactions on the network and contribute to their security. For their efforts, the InQubeta team rewards them with cryptocurrency.
The QUBE token also has a deflationary model in which price fluctuations are minimized by regulating the supply of tokens and always keeping it below market demand. As supply remains tight, the token value is not affected by inflationary trends or when markets are volatile.
If the supply exceeds a stipulated level, it is reduced by burning additional tokens. This usually happens when there are many QUBE token transactions as it results in a small tax that needs to be paid in terms of QUBE tokens. Every time a person sells or buys tokens, the team burns a small portion of the tax revenue resulting from such transactions.
The main altcoin is also used for platform governance, where token holders get special privileges to vote for or against proposals put forward by community members.
In a decentralized governance structure like InQubeta, community members have leeway to propose changes that they believe can improve the potential of the platform.
Ripple joins forces with Georgia National Bank to create digital lari
Ripple is a decentralized platform that offers blockchain-based solutions for business growth. These solutions can help businesses reduce costs, reduce capital consumption, and explore new audience groups and revenue streams.
Powered by XRP Ledger technology, Ripple also has a CBDC platform that helps central banks with the issuance of digital currencies. Its native token is XRP and it has frequently appeared in the top ten cryptocurrencies in recent years.
In a recent development, Ripple was selected by the National Bank of Georgia (NBG) as its technology partner to develop its central bank digital currency project, 'lari'.
Ripple stated that under the partnership, it would help NBG implement the digital lari project through its CBDC platform. The NBG would use Ripple's technology to evaluate the potential capabilities of digital lari.
Analysts believe that XRP could lead a major altcoin rally soon as whales have been busy accumulating them for a while now.
Conclusion
Ripple and InQubeta are rapidly innovating to make blockchain-powered assets more accessible to businesses and regular cryptocurrency users and may also put to rest your worries about which cryptocurrencies to buy now.
Their models complement advances in technologies such as blockchain and AI to bring the benefits of the technologies of the digital revolution closer to the common public.
These two cryptocurrencies have proven themselves with their strong performance in recent months, and analysts are hopeful about their potential to extend users' long-term gains. However, remember to diversify and never invest a large amount in a single token to ensure long-term risk management.
