SEC’s Cardano Stance Questioned by Hoskinson; InQubeta and Polygon Enjoy Growing Interest
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The United States Securities and Exchange Commission (SEC) has made a lot of noise in the crypto community because of its aggressive stance in recent times. Among its latest actions are charging several companies and individuals dealing in digital assets with fraud and categorizing specific tokens as securities as part of its efforts to regulate the space. Amidst this shakeup in the cryptocurrency market, two projects – InQubeta and Polygon – have been in the spotlight for their promising performance in the market, with many considering them the best crypto to invest in today.
Cardano (ADA): Not an SEC Target
Charles Hoskinson, Cardano creator, hints that politics was involved in the recent actions of the SEC. In a recent interview, Hoskinson said that this is the first time ADA, Cardano’s native token, got cited in a regulatory action. He believes that the SEC is not singling out ADA and reiterated that the agency’s actions may be politically motivated rather than an adherence to securities law.
InQubeta (QUBE): Leading the Way in the AI Funding Space
Cryptocurrency insiders say that the recent bearish trend is leaving a lot of investors unsure about the future. Industry experts claim that the SEC lawsuits against some of the major exchanges and its categorization of certain tokens as securities is reminiscent of the bear market which plagued the industry in 2018 and 2019. However, in the middle of this uncertainty, top DeFi projects InQubeta (QUBE) and Polygon (MATIC) defy the odds.
As the entire cryptocurrency market is put under a microscope, InQubeta (QUBE) emerges as one of the best coins to invest in because of its innovative approach to the artificial intelligence (AI) funding space, which may change the cryptocurrency landscape. Its focus on the AI industry allows it to establish a niche market with a huge potential for future growth. It can help narrow the gap between investors and promising AI startups through a fair and transparent system. This unique platform becomes a venue for investors to support innovation and be a part of the AI revolution.
One feature that makes InQubeta stand out is its novel crowdfunding approach using fractionalized non-fungible tokens (NFTs). InQubeta became the first platform to democratize the investment process, where even people with limited capital can still join in funding AI projects and startups. This concept of accessibility and inclusivity opens up numerous opportunities for all kinds of investors. It also ensures that the most promising projects get support.
Many industry experts also consider InQubeta the best cryptocurrency to buy right now because it prioritizes the security of user funds in the network. The platform went through several audits from smart contract auditing companies, ensuring investors of the safety of their investments. This high regard for security can translate to unwavering trust and confidence among investors, positioning InQubeta as one of the best DeFi projects this year.
Now in its third presale phase, InQubeta has breached the $2 million mark in terms of funds raised. Experts predict a 50x increase in value as we approach the third quarter of 2023. If the huge success of its presale phase is an indication, QUBE holders stand to get substantial future returns as the project grows.
Polygon (MATIC): The Future is Bright
Another crypto that has risen above the current challenges in the market is MATIC, the native token of the Polygon platform. Polygon’s ability to solve scalability issues on the Ethereum network gained much attention from investors and industry experts alike. It provides an infrastructure for connecting every Ethereum-compatible blockchain network, appealing to both developers and users.
Polygon provides a layer two scaling solution, resulting in faster and more efficient transactions. It’s a good fit with the Ethereum ecosystem, making it the leading layer 2 solution. The platform becomes a viable option for projects and decentralized applications (dApps) looking for efficient blockchain solutions. Polygon also has good prospects for the future. The demand for scalable applications is on the rise and Polygon has a great opportunity to seal its position among the top DeFi projects. With this, MATIC may well be on its way to becoming one of the best coins to invest in.
Bottomline
While the cryptocurrency industry is in a bind, tokens like QUBE and MATIC have shown amazing resiliency and growth potential. Being powered by AI and having a unique crowdfunding approach, InQubeta is shaping up to be a lead contender for the best cryptocurrency to buy now. On the other hand, Polygon’s layer 2 solution puts it in a good position for significant growth. With the current market events, it’s wise for new investors to learn more about cryptocurrencies to make intelligent choices.
