Investors Moving XRP off Exchanges, Trends Suggests This New AI Crypto Could 50X
The post Investors Moving XRP off Exchanges, Trends Suggests This New AI Crypto Could 50X appeared first on Coinpedia Fintech News
Ripple (XRP) is currently one of the best altcoins to invest in as its prices have surged 9% over the past seven days. Optimistic projections have XRP prices going as high as $3 as large volumes of tokens are moved off exchanges, indicating a growing number of investors believe in the project’s long-term potential.
InQubeta is also one of the best altcoins to invest in as its presale raises over $4.2 million in its fourth stage. Early financiers are up 90% so far, and those who join the action now are set for 3x gains before its initial coin offering on exchanges.
The new DeFi project takes on mainstream investment entities by creating an alternative way to invest in artificial intelligence (AI) without the tiring requirements many traditional avenues come with. It replaces stocks with non-fungible tokens (NFTs), also known as ERC20 coins, to create a secure, transparent, and efficient investment protocol.
Best altcoins to invest in: Analysts have InQubeta (QUBE) surging 50x in 2024
InQubeta’s creative way of opening up access to AI investments positions it to be right in the middle of what many are already calling the biggest tech breakthrough in human history. The improvements in the viability of AI have led to an exponential increase in investment funds, and over $120 billion is currently invested in the industry.
The AI party is just getting started, as over $1.5 trillion is estimated to flow into the technology in the coming years. InQubeta’s approach to linking investors with AI startups sets it up to help funnel a substantial portion of these investment funds to startups looking to advance artificial intelligence.
AI will only improve in the coming years as it already plays a considerable role in our lives. Autonomous taxis are now a reality in cities like San Francisco, and humanoid robots now help with manual labour tasks in one of Amazon’s warehouses.
AI is the future of many industries, and it will create many lucrative investment opportunities. Thanks to InQubeta, these investment opportunities are now more accessible than they’ve ever been.
Here’s what the investment process looks like on the InQubeta ecosystem:
- AI startups gain approval from the InQubeta team to gain access to its NFT area. There, these companies mint investment opportunities into ERC20 coins
- NFTs are added to the ERC20 token list on the marketplace, where investors can learn more about the fundraising startups and the investment opportunities they’re offering
- QUBE tokens are used for all transactions on the NFT marketplace. They can be acquired with top crypto coins or fiat currencies
- NFTs are transferred to investors and can be resold on the marketplace at any time
Ripple (XRP) poised for growth as investors transfer tokens off exchanges
October was an excellent month for XRP investors, and prices continue to trend upward, setting investors up for another excellent month. The fifth-largest cryptocurrency has enjoyed considerable growth ever since the US Securities and Exchange Commission (SEC) dropped securities charges filed against Ripple’s executives. As has been the case with many other top altcoins, XRP price charts have mimicked Bitcoin’s (BTC) recent price growth.
Some analysts have XRP prices rising as high as $3 in 2024, pointing at the growing confidence in the platform’s future. There are more wallets than ever before currently holding at least 10,000 XRP. Whale Alert recently reported that 80 million XRP have been moved from exchanges to unknown wallets in the past few days, a sign investors with deep wallets are holding long positions.
Summary
XRP and QUBE are two of the best altcoins to invest in right now, as both are poised for considerable growth. XRP could grow 5x if prices reach $3 as projected, while QUBE is set for 50x growth in 2024.
