Meteoric Rise of Solana (SOL); Investor enthusiasm grows for Eos (EOS) and InQubeta (QUBE)
Posted: December 31, 2023 10:00 AM Updated: December 30, 2023 3:46 PM
briefly
Besides Solana, InQubeta (QUBE) and Eos (EOS) are the top altcoins for 2023. These two tokens have sparked investor interest following continued price rises.
The world will remember December 2023 as the time when Solana (SOL) conquered the cryptocurrency market with a remarkable rise. The tremendous growth of cryptocurrencies has led many analysts to suggest that this momentum will continue in 2024.
Besides Solana QUBE and Eos (EOS) are the best altcoins of 2023. These two tokens have sparked investor interest following continued price rises. Between Eos and InQubeta, the latter is the more recent project which makes its rise even more impressive.
Built on Ethereum, InQubeta helps startups connect with investors for artificial intelligence-based projects. InQubeta has laid the foundation for the AI revolution by creating custom DeFi solutions for startups. The cryptocurrency ICO has already raised more than $7.6 million.
InQubeta: Countless Opportunities for AI Startups
InQubeta could usher in a new era for AI startups where projects need not be halted due to lack of funding. The platform has launched a native token called QUBE token, which is used for all kinds of payments.
QUBE token is called the best cryptocurrency to invest in due to its deflation mechanism. The main purpose of this feature is to protect the return of your assets against inflation. Profits are protected by controlling the token supply. Whenever inflation is high, token supply decreases.
As the demand for the asset increases more than its supply, the token price will remain stable. High inflation will not affect the market value of the token as there will be no price fluctuations. As supply increases, all excess tokens in circulation are destroyed to reduce supply.
Given how the blockchain sector continues to evolve, the InQubeta protocol must keep up with the times. To solve the problem, InQubeta follows a Decentralized Autonomous Organization (DAO) model where all key decisions are made by token holders. For this they get special voting privileges.
Whenever protocol changes are announced, token holders are invited to vote on them. A final decision on implementation will be made based on what the community thinks of the proposal.
InQubeta facilitates interaction between startups and investors through an online marketplace. On this portal, investors can fund startup projects by purchasing corresponding NFTs. These NFTs are created from suggestions submitted by applicants and represent the rewards that buyers can receive.
Cryptocurrency users can purchase fractions of NFTs, which can be split. When a payment is made with QUBE tokens, the amount is transferred to the startup.
Binance Adds New Solana Trading Pair
Solana is a developer’s paradise offering a variety of tools for creating Web 3.0 solutions. These tools can be used to deploy scalable and secure dApps, crypto assets, and blockchains. The native token SOL is a network medium of exchange. All SOL transactions are verified by a proof-of-stake consensus algorithm.
In a recent development, leading decentralized exchange Binance announced new trading pairs for Solana and other cryptocurrencies. Binance users can now trade the SOL/USDC pair on the exchange.
Zeepr is now live on EOS EVM.
EOS is an open-source blockchain where developers can find unparalleled freedom to create cutting-edge solutions. The tool can be used to build powerful dApps on the Eos blockchain compatible with the Solidity environment. The default token is EOS.
Eos was recently in the news after Zeepr Labs announced that its trading protocol, Zeepr, will now be powered by the Eos EVM, a virtual machine on the blockchain network. This move will allow Zeepr users to trade while using Eos tokens as collateral.
It also ensures that users on both platforms can try out public permanent positions in major assets.
conclusion
According to experts, InQubeta, Eos and Solana will provide fierce competition for new altcoins in 2024. These three tokens have proven their capabilities with strong performance.
These ecosystems are easy to use and support a highly decentralized model that encourages user participation. Because token holders are incentivized to participate in governance, users tend to act in the best interests of the platform.
Cryptocurrency buyers should evaluate projects and compare them with their peers before accumulating huge quantities.
Visit InQubeta Presale
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About the author
Gregory, a digital nomad from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With his extensive experience in the financial industry, his insights and expertise have been recognized by numerous publications. Making effective use of his spare time, Gregory is currently devoted to writing books on cryptocurrency and blockchain.
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Gregory, a digital nomad from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With his extensive experience in the financial industry, his insights and expertise have been recognized by numerous publications. Making effective use of his spare time, Gregory is currently devoted to writing books on cryptocurrency and blockchain.