Whales move billions of Shiba Inu tokens

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Beginner cryptocurrency traders should realize early on that the cryptocurrency market is volatile and extremely unpredictable. Proof of that is how the market hasn’t been performing as expected when October started, after September ended on a high note. 

Just recently, a huge whale movement concerning Shiba Inu was noted. Billions of $SHIB tokens were moved, sparking speculations regarding its future. As the whole crypto community is abuzz, a contender to become the best cryptocurrency to buy comes into focus: InQubeta ($QUBE). Could this be the next whale target?

Shiba Inu Whales Looking for Alternatives?

While Shiba Inu ($SHIB) remains one of the top crypto coins in terms of market cap, it’s not immune to the crypto market’s volatility and has experienced its own share of price fluctuations. As its price continues to fall, $SHIB whales are seemingly looking for other altcoins to buy.

On October 23, a Shiba Inu whale was reported to have moved a significant amount of $SHIB tokens to an unknown wallet. Industry insiders cite Shiba Inu’s continuous subpar market performance as one of the main reasons for some whales to consider finding a more profitable crypto investment.

InQubeta ($QUBE): A More Viable Option? 

In the middle of all this, many industry experts are eyeing InQubeta ($QUBE) as the next playground for whale activity. It’s the world’s first AI crowdfunding platform using crypto, and it has been making waves since its presale started. It aims to improve cryptocurrency investing and crowdfunding using its innovative DeFi approach. Through InQubeta ($QUBE), artificial intelligence (AI) startup projects can generate funds by minting their value into a collection of non-fungible tokens (NFTs) and selling them to interested investors in a dedicated marketplace.

As the platform provides an NFT marketplace, AI startups can create funds to grow their business while investors who purchased NFTs can earn profits and reap the benefits of the future growth of the AI sector. 

Many in the crypto community consider $QUBE as one of the best altcoins to watch because the InQubeta platform is a promising project that bridges the gap between investors and promising AI startup companies. The platform taps into the precision of smart contracts and the transformative capabilities of blockchain technology to create an efficient, transparent, and secure investment ecosystem.

As the crypto community waits in anticipation of where the whales are putting their money, a few reasons come to mind as to why they may be bringing their billions to InQubeta ($QUBE). These include the following:

• Diversification: The whales’ interest in InQubeta ($QUBE) could be their way of strategically moving toward the diversification of their crypto portfolio. The opportunity to invest in AI startups which are expected to experience significant growth could be why there is such a huge demand for the $QUBE token today.
• Huge Growth Potential: InQubeta is widely considered one of the best altcoins to invest in today, with experts seeing a 2,500% increase from its launch price as its popularity continues to soar. As of October 23, its price has increased by 90% – from its starting price of $0.07, it now has a buy price of $0.0133.
• Strong Community Support: Any seasoned investor knows that getting the support of a community can mean success and growth in cryptocurrency. InQubeta ($QUBE) is continuously gaining more supporters, as evidenced by its increasing X (formerly Twitter) followers.

Conclusion

It’s clear that investors have a lot of thinking to do. The recent massive whale move in Shiba Inu has raised a lot of questions and fueled speculations within the crypto community. While the motivation for this massive transfer is still being debated, the crypto market will undoubtedly feel the impact soon. There are industry insiders who believe that the whales are coming to InQubeta ($QUBE), which is widely considered one of the best DeFi projects in the market.

As the highly unpredictable cryptocurrency landscape continues to change, it’s important for investors, especially beginners, to approach their investments with a keen eye for analysis and risk management, seeking the assistance of trusted experts in the field to successfully navigate this ever-changing market and choose the right cryptocurrency investment that will provide substantial returns.

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*This article was paid for Cryptonomist did not write the article or test the platform.

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