- Cryptocurrency market valuation exceeds $2 trillion, with Bitcoin potentially reaching $300,000 due to halving event anticipation.
- InQubeta, an AI-focused cryptocurrency, aims to raise $11 million to connect AI startups with investors, with presale success evident.
- QUBE introduces a deflationary model and 12-week vesting to stabilize market value, expecting an increase in token value post-listing.
The cryptocurrency market’s valuation has surpassed the $2 trillion mark. As we approach the Bitcoin (BTC) halving event, experts are speculating that the value of Bitcoin could soar to $300,000. In the meantime, a new AI-focused cryptocurrency, InQubeta (QUBE), is on a mission to secure $11 million in investment funds. This initiative aims to serve as a bridge connecting AI startups with potential investors.
Regarding the progress of InQubeta’s funding efforts, the presale has successfully gathered close to $11 million. The project, having accumulated over $10.5 million, is poised to make significant impacts within the cryptocurrency market, specifically in the AI sector. The fundraising campaign for QUBE is structured across ten phases, with more than 836 million QUBE tokens already distributed to contributors.
Furthermore, the platform has undergone rigorous audits by Hacken and Block Audit, ensuring its security and reliability.
InQubeta introduces several key features aimed at enhancing its market value and investor appeal. Notably, QUBE tokens are subjected to a 12-week vesting period, a strategic move designed to moderate the influx of new tokens into the market, thereby stabilizing its value.
During the eighth stage of its presale, QUBE tokens are being offered at $0.0245 each, with anticipation of their value increasing to $0.0308 upon listing.
Additionally, QUBE adopts a deflationary model to further incentivize holding and reduce volatility. This is achieved by imposing a 2% tax on all transactions (both purchases and sales), which is then transferred to a designated wallet for token burning. This mechanism ensures a gradual reduction in the total supply of QUBE tokens over time. Furthermore, there is a 5% tax on sales that is allocated to a pool designed to reward users who stake their tokens, offering an additional layer of benefits for long-term holders.
Meanwhile, the market capitalization of Bitcoin has now surpassed the $1 trillion mark, largely fueled by a surge in interest in spot Bitcoin ETFs.
Prominent analyst Michael Van de Poppe has a positive outlook on Bitcoin’s future price movements. He suggests that Bitcoin might experience a swift correction to the $48,000 to $49,000 range before it embarks on an upward trajectory towards $63,000 for a final surge, which would then be succeeded by a more extensive correction.
In a similar vein, another expert in the field posits that Bitcoin is poised to surpass its performance from previous cycles during this bull run. According to this analyst, a combination of institutional and retail Fear Of Missing Out (FOMO) will propel Bitcoin’s price to reach as high as $300,000.
