XRP Spots Unusual Activity in Korean Market Amid Price Drama, Surging AI Altcoin Receives Optimistic Predictions from Top Analysts
The post XRP Spots Unusual Activity in Korean Market Amid Price Drama, Surging AI Altcoin Receives Optimistic Predictions from Top Analysts appeared first on Coinpedia Fintech News
Ripple (XRP) hasn’t enjoyed as much growth as other top altcoins have in the past couple of months as Bitcoin’s (BTC) bull cycle took its price to $73,750 on March 14. Ripple Lab’s ongoing case with the US Securities and Exchange Commission (SEC) has been blamed for the struggles XRP has had. The firm scored a minor victory in 2023 when a U.S. judge ruled that it wasn’t a security, but that only led to temporary growth.
Things might be getting ready to turn around, given the 30 million XRP tokens recently bought on Upbit, the top crypto exchange in South Korea. The tokens are worth an estimated $19 million and some are pointing toward the large purchase as a sign prices might surge upward soon.
InQubeta (QUBE) has been enjoying lots of interest from investors ever since its ICO started and it has now raised over $12.7 million. It has already generated more than other top DeFi projects like Solana (SOL) raised during its presale.
Top ICO InQubeta (QUBE) expected to surge 10,000% in 2024
InQubeta has everything it takes to emerge as one of the best DeFi coins ever created because of the cool way it plans to give everyone access to artificial intelligence (AI) investments. Its blockchain shares the functionality of the Ethereum blockchain, which it was built on, allowing it to create a decentralized investment space where ERC20 coins play the role of stocks.
AI startups secure funding on the crowdfunding platform by digitizing investment opportunities they are offering into non-fungible tokens (NFTs). These tokens are sold on the NFT marketplace for QUBE, giving investors part ownership of the firms that made them.
The artificial intelligence industry has grown tremendously in the past decades and so have investments in the space. More than $120 billion now backs AI-focused firms and $1.5 trillion is expected to be guided into the sector by 2030.
This puts InQubeta in an excellent position to help funnel some of these funds to AI startups in its ecosystem. That inflow of capital plus QUBE’s supply being restricted to 1.5 billion means its price will grow considerably as its market capitalization grows. QUBE goes for $0.028 in the presale’s ninth stage, but prices could reach a few hundred dollars, if not thousands, in the next several years. That makes it one of the best coins to invest in for those looking to build generational wealth.
InQubeta’s users can also earn QUBE as a reward for helping to manage the blockchain. Holders also get to have a voice regarding decisions that impact the project’s day-to-day operations or future.
Whales buy up over $19 million worth of Ripple (XRP)
Several factors like whales buying over 19 million XRP, its price growing by 5% in the past week, and an increase in trading volume suggest XRP might be preparing to enter a bull cycle. Whales aren’t just investors with deep pockets, these people are often well-connected and privy to information the general public doesn’t have.
XRP has continued to partner up with various companies worldwide despite its legal woes and it’s one of the best digital currencies given the fast transaction speeds and low fees it offers.
There’s also the possibility of XRP exchange-traded funds being approved given the approval of Bitcoin ETFs. Some expected that to occur soon after XRP resolves its legal case. Some reports indicate the US Securities and Exchange Commission might be working on a $2 billion fine to rest its case.
Summary
QUBE and XRP are two of the best altcoins to invest in right now. QUBE will enjoy up to 10,000% growth as it opens up access to investment prospects in the AI space.
