XRP Ledger Clawback Amendment Applies to Mainnet. Dymension and InQubeta emerge as big winners this week

The cryptocurrency market initially suffered a downturn following the SEC’s Bitcoin ETF decision, but investor sentiment rose after the BTC ETF, resulting in a market rally. New altcoin Dymension (DYM), which soared after a $390 million airdrop, and emerging AI cryptocurrency InQubeta (QUBE) emerged as the week’s biggest winners.

Meanwhile, Ripple’s long-awaited XRP Ledger (XRPL) Clawback Amendment has created quite a stir with its launch on mainnet. This was launched following activation on February 8 to further strengthen XRPL’s security and token asset management tools.

InQubeta (QUBE): Raises Over $9 Million in Presale

InQubeta (QUBE) recently soared past $9.2 million in pre-sale earlier this week, establishing itself as one of the best ICOs. This massive participation is driven by an overall market rally and growing confidence in QUBE’s potential as an AI altcoin. Moreover, its huge upside potential can be linked to the huge interest in the ongoing pre-sale.

As an AI altcoin, we aim to solve critical problems in the rapidly growing AI market. With fundraising and market access identified as two of the most pressing challenges in the sector, InQubeta’s crypto-based crowdfunding platform and NFT marketplace will address these issues.

To raise funds, AI technology startups will create investment opportunities with stock-based NFTs on the market. Additionally, the split of these unique non-fungible tokens allows investors to become early backers of promising AI ventures.

In stage 7 of the pre-sale, the token price is only $0.0224. According to analysts, this is the best new cryptocurrency to invest in and is expected to skyrocket 65x after its launch. To earn significant profits, participate in the ICO through the link below.

Ripple (XRP): XRPL Recovery Amendment Released

The long-awaited XRP Ledger (XRPL) Clawback fix has finally been released. It is currently live on the protocol’s mainnet after being activated on February 8th. According to data from XRPScan, Clawback Amendment version 1.12.0 was activated after receiving 94.5% of the votes. This received a whopping 33 out of 35 votes in favor.

The massive show of support (% of votes in favor) for this proposal suggests validators’ confidence in the upgrades the amendment will bring to the Ripple (XRP) ecosystem. If you’re not sure what Clawback is, it’s a significant improvement to XRPL’s token asset management tool.

This feature allows developers to exercise the right to cancel token transactions in some scenarios, such as fraud. It can also be used to assist with account recovery if you lose access to your credentials.

The XRP ecosystem is currently buzzing with excitement, but the market isn’t quite there. Underwhelming price action continues as investor confidence continues to decline.

Dymension (DYM): Biggest winner this week

Dymenision (DYM) launched after successfully completing a $390 million airdrop to users on February 7, the second largest airdrop of 2024. With mainnet live, DYM is one of the popular altcoins and is soaring on a wave of excitement. The community is also growing at a rapid pace with investors joining its ranks, making it one of the best coins to invest in.

It is a layer 1 (L1) blockchain that uses Cosmos technology and the Inter-Blockchain Communication Protocol (IBC) to connect to other chains. Essentially, Dymension is built to allow developers to deploy RollApps, a chain of apps.

With Dymension at the center of market attention, investors have been ramping up their investments, hoping to ride the growing wave. Despite being the biggest winner of the week, DYM boasts significant room for growth as it continues its price discovery. This is one of the best cryptocurrencies you can buy right now.

conclusion

The mainnet launch of XRPL’s Clawback Amendment has generated excitement, but XRP continues to have disappointing market movements. Meanwhile, Dymension and InQubeta emerged as noteworthy altcoins following impressive performances this week. As more content will be added in the future, you can participate in the QUBE pre-sale through the link below.

Visit InQubeta Presale

Join the InQubeta community