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As investors actively search for cryptocurrency projects with profit potential in the market, the Solana-based meme coin Bonk (BONK) has achieved a market capitalization of over $1 billion for the first time, further establishing its status as a popular meme coin.
Besides Bonk, two other tokens, InQubeta (QUBE) and Ripple (XRP), are also gaining significant attention in the crypto space. These projects have garnered favour among leading crypto investors.
InQubeta introduces a distinctive concept to the crypto market by minting investment opportunities into NFTs. The NFT marketplace is reshaping the crypto AI industry as the best crypto to buy for those seeking substantial profits. Meanwhile, a well-known crypto analyst, EGRAG CRYPTO, suggests that Ripple’s native token, XRP, is about to experience an impressive 800% rally.
This article explores why InQubeta and Ripple gained favour from top investors as the Bonk token surpassed a $1 billion market capitalization.
InQubeta: the deflationary model and NFTs redefining AI investment
InQubeta is gaining significant favour among top investors by introducing a crypto crowdfunding platform. This new decentralised finance (DeFi) crypto platform allows fractional investment in AI startups using QUBE tokens. Created as a deflationary ERC20 token, QUBE is at the core of InQubeta’s mission to revolutionize how AI startups raise funds and engage with their community.
InQubeta is earning approval from top investors due to its minting each investment opportunity into an NFT and fractionalizing it. This empowers investors to participate according to their budget, providing the advantage of being an early supporter of this best crypto investment platform. InQubeta’s NFT marketplace further enhances the fundraising capabilities of AI startups by enabling them to offer reward and equity-based NFTs. Also, QUBE token holders can easily invest in projects they believe in, fostering a symbiotic ecosystem.
The appeal of QUBE as a deflationary ERC20 token has drawn attention from prominent crypto investors looking for the best crypto to buy to diversify their portfolios. A 2% buy and sell tax contributes to a burning wallet, while a 5% tax goes to a dedicated reward pool. This mechanism allows QUBE holders to earn rewards through staking, making it an attractive investment for those bullish on the growth potential of AI technology startups.
InQubeta’s presale has seen an influx of these influential investors. The presale has already raised over $7.4 million in funding. As stage six of the presale unfolds, with over 653 million tokens sold at the presale price of $0.01925, crypto whales are backing QUBE as the best crypto investment platform for those looking for promising opportunities in 2024.
Bonk (BONK): its market capitalization surges
Bonk has gained popularity owing to its low cost and swift transaction handling. With a total supply of 20 billion tokens, BONK sets itself apart from other meme coins like Dogecoin and Shiba Inu by including a built-in meme creator and a decentralized exchange (DEX).
Now, BONK is experiencing a resurgence, surpassing a market capitalization of $1 billion. Over the past seven days, it has surged substantially, and its gains over the last 30 days have reached around 750%. While the Solana (SOL) coin has also shown rapid growth recently, Bonk is leveraging this positive sentiment to achieve even higher multiples.
Ripple (XRP) uptrend continues: analyst predicts rapid rise
Ripple has experienced a recent increase, prompting many predictions from experts. This upward trend has gained favour from top investors in the crypto field. Crypto analyst EGRAG CRYPTO expects a quick climb for XRP, projecting it to reach $5.50 within two weeks. This prediction follows an earlier outlook made in May. At that time, XRP was trading at $0.4639, and the reviewer gave three cost targets: $0.85 to $1, $5.5, and $6.1 in the upcoming months.
#XRP Super Guppy Turned Green: 💎👊🚀🫶🙏
If this chart doesn't scream #Bullish, I'm running out of words! 📈
Check it out: The Super Guppy has gone green on the weekly timeframe! 🟢 Conservatively speaking, we're eyeing $5.5 – $13. The odds of hitting these targets are… https://t.co/xgdhOAYu7W pic.twitter.com/aXIXQ4TmsM— EGRAG CRYPTO (@egragcrypto) December 22, 2023
Important events then transpired within the Ripple network, resulting in XRP becoming the sole digital currency to gain unambiguous regulatory standing from authorities in America. As a result, the XRP token’s value started to climb, reaching $0.93 for its yearly peak and achieving analyst EGRAG CRYPTO’s initial projected target.
Conclusion
InQubeta and Ripple have attracted the favour of top crypto investors amid Bonk surpassing $1 billion in market capitalization. InQubeta’s aim of connecting investors to startups is what is propelling it as the new DeFi crypto to buy for significant returns.
The presale has been experiencing a fast sell-off of its token as more investors onboard its platform. Explore the potential of QUBE today and join the revolutionary journey of fractional investing in AI startups!
For all information Qube you can visit InQubeta presale or join the InQubeta communities.
The post Solana's BONK token surpasses $1B market cap; Ripple and InQubeta find favor among top investors appeared first on Invezz
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