While Polygon (MATIC) and Binance Coin (BNB) Experience Losses, InQubeta (QUBE) Presale Raises Over $1.5 Million By Benzinga

Benzinga – The InQubeta (QUBE) presale has raised over $1.5 million during its early stages, while Polygon (MATIC) and Binance Coin (BNB) investors experience losses. The Binance Coin, the native token of the Binance Exchange, has been one of the most stable tokens in the cryptocurrency space since its launch, but the company’s recent struggles with the US Securities and Exchange Commission (SEC) have led to prices shrinking.

Polygon is a solution-based project that pushes the mainstream adoption of cryptocurrencies, and its prices are about half of the highs established earlier in 2023. Polygon has seen some increase in its prices due to positive news like JPMorgan using its protocol for its first Bitcoin live trade and being named one of the 100 most influential companies by TIME Magazine.

InQubeta focuses on making investment opportunities in artificial intelligence (AI) more accessible while directing more funds to the industry to push improvements. InQubeta takes a crowd-funding approach to skirt the barriers that often prevent potential investors from using mainstream investment avenues.

InQubeta (QUBE) raises over $1.5 million early in its presale
InQubeta’s presale success isn’t a shock to anyone who has paid close attention to investor attitudes toward firms that push innovations in AI. Investments in the industry have risen by over $100 billion since 2015, and it’s projected to surpass $1.5 trillion by 2030.

The success of the InQubeta presale shows a substantial portion of these funds will be poured into AI-driven cryptocurrencies that direct capital to firms that need them to innovate. The more funds invested into InQubeta, the more the value of its native $QUBE tokens will grow.

The structure of the InQubeta presale giving investors who invest early the opportunity to net 4x returns on their capital has been a huge hit, as well as the possibility of prices growing significantly after the project is launched.

An alternative to inefficient and inaccessible traditional investment channels
The InQubeta ecosystem provides an alternative for anyone who has been denied access to mainstream investing opportunities and those who prefer the increased anonymity of blockchain transactions. AI startups can raise the capital they need by making divisible non-fungible tokens (NFTs) that are listed on the InQubeta marketplace.

Investors can research the companies behind the NFTs and purchase them there. Investors get full ownership of all NFTs once sales are finalized, allowing them to put the tokens up for sale whenever they choose or hold on to them long-term. Like stocks, these NFTs will increase in value as the companies behind them grow.

Holding to InQubeta tokens is another alternative to earn profits as deflationary systems and a 1.5 billion token cap promote the long-term price growth of $QUBE tokens.

Polygon (MATIC) still has a long way to go
Polygon prices have steadily gone down in the past month, but it’s recently shown some signs of life as its project achieves some major milestones. Polygon focuses on the mainstream adoption of blockchain technology, and it’s been effective at enabling companies like Meta, Nike, and Starbucks to build secure blockchain-based applications.

Like the InQubeta project, Polygon is built on the Ethereum (ETH) blockchain. The project aims to improve the scalability and functionality of the Ethereum network while making it more user-friendly for non-developers.

TIME recently recognized Polygon as one of the most influential companies worldwide and it’s only a matter of time before it reclaims previous highs. Prices will have to grow by 4x to accomplish that feat.

Binance Coin’s (BNB) struggles might be over soon
The SEC’s lawsuit against Binance started the BNB token’s recent problems, but investor attitudes might soon change thanks to Ripple’s (XRP) recent victory against the SEC. BNB would have to grow by over 2x to reclaim its previous highs.

Summary

InQubeta has emerged as one of the best altcoins to look out for owing to its presale performance. Some projections have InQubeta prices rising by as much as 50x once the token is launched on exchanges, but time will tell if this plays out.

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This post was authored by an external contributor and does not represent Benzinga’s opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice. Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. These tokens are subject to larger liquidity and market risks.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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