Tuesday, 28 November 2023

Crypto News

Solana dips amid Bankman-Fried’s trial mentions; eyes on InQubeta presale

Solana dips amid Bankman-Fried's trial mentions; eyes on InQubeta presale

Crypto exchange FTX might be bankrupt but it continues to spell bad news for Solana. During the ongoing trial of FTX’s former CEO Sam Bankman-Fried, Solana’s name has cropped up more than once. 

It doesn’t help that Bankman-Fried was once a strong supporter of Solana. Following multiple mentions during the trials, Solana’s price has dropped significantly in the recent past.

One of the few saving graces amidst the gloom seems to be the excitement around the presale success of InQubeta (QUBE). The decentralized platform was rolled out just a few months ago and it’s already among the best new ICOs of 2023 after its presale funding crossed $3.6 million recently. 

Powered by the Ethereum network, InQubeta enables startups working in the artificial intelligence (AI) sector to find reliable investors and bring their ideas to life. It also helps investors to access promising projects ahead of their market launch. 

InQubeta: A budget-friendly investment option for crypto users

InQubeta is a next-generation crypto project that can drive impact with a model that combines both AI and DeFi technologies. The platform has the potential to fast-track the growth trajectory of AI startups and drive financial inclusion for crypto users. It has released a native cryptocurrency called the QUBE token which determines all kinds of transactions on the network. QUBE can be purchased on presale and early investors can take advantage of the current bonus offers to accumulate huge volumes. 

QUBE is among the best cryptos you will find in today’s market. It has a decentralized model that tames price fluctuations by keeping the supply scarce. In principle, a deflationary token’s supply is always kept less than its demand, so there are minimal price fluctuations. If the demand falls below the supply, the extra tokens are then destroyed in the burn wallet. 

The top altcoin is powered by a decentralized autonomous organization (DAO) model where all stakeholders are involved in running the platform. If a community member has a suggestion in mind that could boost the capability of the protocol, they can pitch it as a proposal before other community members. The proposal is extensively debated by other community members and then put to a vote. QUBE token holders can play a decisive role by using their special voting privileges and expressing their…

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