Live Markets, Charts & Financial News

Analyst backs XRP to recover, InQubeta presale exceeds $8m

0 42

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

The recent fall of XRP has caught many users off guard. As investors contemplated selling their holdings, an analyst cautioned against such impulsive actions. He attributed XRP’s under-performance to broader market factors and urged holders to exercise patience.

Meanwhile, another project, InQubeta (QUBE), is gaining traction with its approach to supporting artificial intelligence (AI) startups. 

The platform provides fundraising and business development assistance services to help AI-driven ventures expand their reach and impact.

InQubeta’s model has garnered significant attention from crypto enthusiasts. So far, it has raised over $8.1 million in the ongoing presale.

InQubeta to connect crypto with AI

InQubeta is a platform that brings AI startups and investors together. 

Its native token, QUBE, is used for payment, and holders can participate in governance. There will be a fixed supply of 1.5 billion.

QUBE is also deflationary, and this may support prices.

Token holders have to vote on proposals before implementation.

The platform works as an NFT marketplace where tokenized startup funding offers become assets investors can purchase. 

These NFTs represent the rewards investors qualify for. Fractional investment allows smaller contributions. After evaluating options, investors can acquire assets using QUBE.

Beyond funding, startups also access business development services on InQubeta, like mentorship with AI experts who share insights. 

This guidance equips startups to navigate growth challenges. Additionally, legal and accounting professionals help startups avoid financial or legal pitfalls.

Startups can also leverage InQubeta’s marketing support and social channels to build their brand. 

Grayscale adds XRP

XRP can be used by businesses to make fast and secure transactions. 

It’s powered by the XRP Ledger (XRPL), which makes crypto assets more practical for businesses. 

The platform also helps central banks create their digital currencies.

Recently, when XRP prices fell, some investors considered selling their XRP. However, analysts believe that the price will recover.

XRP was recently added to the Digital Large Cap Fund by Grayscale Investments, a leading asset management company, replacing MATIC.

Conclusion

Analysts back XRP and InQubeta as projects for investors to explore. They offer growth potential and make blockchain more accessible. 

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.


Follow Us on Google News

Leave A Reply

Your email address will not be published.