Is this Crypto AI a better option?
The following content does not constitute the opinion of BeInCrypto and should not be considered as financial advice
Every day, new and innovative projects are launched in several blockchains. Bitcoin led the way, Ethereum showed smart contracts, and Cardano plans to perfect the Ethereum architecture.
In the year As early as 2024, meme coins could strengthen their position in crypto thanks to the success of their predecessors in 2023, including BONK on Solana, PepeCoin (PEPE) on Ethereum, and SNEK on Cardano.
As meme coins chart high, the community has been watching how the artificial intelligence (AI) space has evolved with a special focus on InQubeta (QUBE). The crypto AI project has raised more than $7.9 million in its ongoing presale, with some analysts predicting that QUBE could surpass some of the top meme coins, especially SNEK, in the coming months.
This article examines whether it is possible and whether QUBE will dominate crypto forums and headlines in 2024.
What is SNEK, and why should Cardano buy it?
Cardano is known for its systematic approach to development. From Byron to Gauguin and now Basho, Cardano finally powers Voltaire, running on complete decentralization with the confidence that the network is properly optimized and capable of handling thousands of transactions per second. All of these improvements are being completed by Basho at its current stage of development.
To “stress test” Cardano's capabilities, SNEK has been deployed as the first meme coin on the blockchain. Historically, the popularity of meme coins such as Shiba Inu (SHIB) on Ethereum has caused network congestion, resulting in high fees. However, with SNEK on Cardano, the fee remained stable despite the rise in popularity of the meme coin.
SNEK, according to its developers, is a discount coin on Cardano. It aims to be a popular web3 coin that represents fun and innovation. Note Coin is inspired by the success of others, including Dogecoin and Shiba Inu.
MemCoin is the largest to trade on Cardno, and its success, its developers hope, can onboard more users to the chain's proof-of-concept blockchain.
In the year At the beginning of January 2024, SNEK had a market capitalization of over $108 million. Moreover, it is available for trading on many exchanges including MEXC and Gate.io.
Price action data shows that between October and December 2023, SNEK's price rose by about 25X, at the end of 2023.
At the moment, investors are exploring alternatives, mainly in InQubeta, which is down 50%.
Is InQubeta ready to rally in 2024?
As SNEK owners look set to reap profits after a massive 2023 profit, the focus is on InQubeta and its goal to ease funding points for crypto AI startups.
Over 703 million QUBEs were sold in Phase 6 of the InQubeta pre-sale, raising nearly $8 million. Each token is available at 0.01925 USDT. As soon as it launches on crypto exchanges, supporters say they will gather in the coming months.
The success of InQubeta's presale can be attributed to many factors, including the overall recovery in the crypto scene. Bitcoin prices have nearly 3X their 2022 trough, trading above $40,000 at the time of writing.
This rally has boosted spirits in crypto, improving sentiment. In response, many crypto holders are loosening their wallets, looking for opportunities in emerging but powerful projects. Amidst this storm, InQubeta took advantage.
InQubeta aims to level the playing field, allowing ordinary crypto investors to get in early on proven AI projects that leverage smart contracts. All the opportunities offered by these projects are divided into non-perishable tokens (NFTs) so that anyone, regardless of their financial capacity, has the opportunity to purchase them.
All purchases through the platform's internal NFT marketplace are made using QUBE. This ERC-20 token serves as utility and management. Since the price is also discounted, there is a possibility that the price of QUBE will increase in the future.
Beyond management, QUBE owners can earn and earn rewards by increasing their income streams.
Summary
If InQubeta succeeds once it launches, it could significantly impact the crypto scene in many ways. In addition to democratizing AI-powered crypto projects, there is also the potential for early adopters to benefit from capital gains by accelerating adoption. This will be in line with SNEK's aim to encourage users to integrate Cardano solutions through a playful and memetic approach.
Visit the InQubeta Presale website
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