Weekly Article Recap: 11/13-11/17

After a period of decline, PancakeSwap (CAKE) has made a comeback and re-entered the top 100 cryptocurrencies. This development has been met with excitement, especially within its community. At the same time, Solana (SOL) is hovering above $40 following a significant increase in its price. Meanwhile, InQubeta, a project on the initial coin offering list, has raised a staggering $4.5 million in its ongoing presale to date.

In this article, we will cover the developments around PancakeSwap and Solana, including why they are altcoins to watch out for. In addition, we will explore the rising interest in InQubeta and why it is the best new crypto to invest in.

InQubeta (QUBE): $4.5 Million Raised in Presale

InQubeta (QUBE) has been the talk of the town for the critical problem it aims to solve. As of press time, more than $4.5 million has been raised in its ongoing presale, which is a testament to its popularity and innovative concept. So, is it worth all the hype? In our opinion, certainly.

This project is an AI altcoin; that is, it combines features of AI and blockchain technology. With this intersection, it aims to solve the fundraising challenge in the AI sector by introducing a new model. This will allow AI startups to source funds by creating investment opportunities, represented as non-fungible tokens. These equity-based NFTs will be further divided into bits and, in turn, offered to investors in the marketplace. With this, it aims to make the AI market accessible to investors, thereby allowing them to hold stakes in profitable AI projects and earn profits.

This project is in its early stages, currently in the fifth stage of its ICO, and costs just $0.0161 per token. Experts forecast that the value of QUBE will increase by 30x in 2023. Therefore, it is positioned as the best coin to invest in right now. To join this growing community, you only need to follow the link below.

PancakeSwap (CAKE): A Leading DeFi Player

PancakeSwap (CAKE) was one of the breakout stars in the 2021 bull run. Its price reached $44 during this period, creating several millionaires in the process. Those were the good old days; hopefully, they won’t be the last. However, after its all-time high, PancakeSwap declined by over 90%. But in an exciting turn of events, it has experienced a resurgence, now ranking among the top 100 cryptocurrencies.

You may be wondering what PancakeSwap is. To begin, it is a decentralized finance (DeFi) application that allows users to exchange tokens. With this, liquidity is provided for farming, and fees are earned in return. Since PancakeSwap’s launch in 2020, it has become a key player in the DeFi space and a good crypto to buy.

Solana (SOL): Trading Around $40

Solana (SOL) is a giant in the crypto space and requires little to no introduction. It is a top ten cryptocurrency, which shows its dominance in the market. So, what issue is it addressing? Solana provides DeFi solutions and allows the creation of decentralized applications. It further distinguishes itself thanks to its hybrid consensus mechanism that comprises proof-of-stake (PoS) and proof-of-history (PoH).

It has been experiencing a significant rise in its price in the last quarter of 2023. At the moment, Solana trades for about $40, though this can change depending on the state of the market. Analysts predict that Solana’s price will grow significantly, making it an attractive investment.

Conclusion

PancakeSwap, Solana, and InQubeta are the main topics of discussion right now in the crypto space. CAKE recently made a comeback into the top 100 cryptocurrency rankings, while SOL’s price is rising. At the same time, InQubeta has raised an incredible $4.5 million during its ongoing presale. These coins are intriguing investments because they are expected to skyrocket in the upcoming months.

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