Early Pepe (PEPE) Investor Sells While Polygon (MATIC) and InQubeta (QUBE) Draw Crowds
Disclaimer: The text below is a press release that is not part of Cryptotelegraph.com editorial content.
The cryptocurrency market these days has been witnessing a shift of loyalties as early supporters of the popular meme coin Pepe recently went on a selling spree due to its poor performance. Looking for better prospects, many Pepe holders are now switching over to other top crypto coins like Polygon and InQubeta (QUBE). While Polygon is an Ethereum-scaling platform that has garnered global attention with its developer-friendly features, InQubeta is a new and upcoming cryptocurrency that helps startups access authentic funding opportunities for artificial intelligence projects.
The platform has managed to attract both analysts as well as crypto users with a one-of-a-kind model that is capable of driving growth for both startups as well as the AI sector. Its presale growth has been highly impressive. Currently in its fourth presale stage, the project has raised over $3 million in funding so far.
InQubeta: Coming to the rescue of struggling AI startups
InQubeta is among the best crypto investments that you will find in the market today as it seeks to combine the best of DeFi technology to create an industry-ready solution for startup growth. While helping startups build the future of AI, InQubeta enables investors to access projects that hold a lot of potential and are not even launched in the market yet. The platform’s native cryptocurrency, the QUBE token, ensures that all transactions are conducted seamlessly on the network. The token can be purchased on presale and its supply is capped at 1.5 billion.
Holding the QUBE token has many advantages and you can also earn additional rewards by staking the cryptocurrency. The longer you are willing to stake your tokens, the higher will be the rewards. By staking the token, crypto users can support the growth of the blockchain-powered platform and ensure that there’s ample liquidity in the ecosystem at all times.
What makes InQubeta one of the best altcoins to buy now is its focus on transparency, fairness, and community-driven engagement. The Ethereum-based platform’s governance structure is based on the decentralized autonomous organizations (DAO) model where all stakeholders are involved in operational matters. Community members are free to voice their opinions about the platform’s functioning and even pitch suggestions for its improvement. These suggestions would be put to a vote and are implemented if they are accepted by all token holders.
Pepe sees a drop in price activity
Pepe is a meme coin that is inspired by Matt Furie’s famous creation ‘Pepe, the Frog’ and it has carved a niche for itself by building on the fanbase of the character. Its native token is PEPE and it’s the official medium of exchange of the Pepe ecosystem. Another reason why many crypto users have preferred Pepe in the past is because of its no-tax policy.
By doing away with transaction fees, the meme coin emerged as a cost-effective alternative to many popular meme coins. Despite its popularity in the past, Pepe has been witnessing negative price action which analysts feel might also impact its prospects. Early PEPE investors have been selling recently, but there’s still a section of the community that feels the price may recover in the long term.
Polygon Labs conducts a session of crypto taxation for US Senators
Polygon is a Layer 2 solution that enables developers to scale Ethereum-friendly dApps and virtual machines with its wide range of tools. Its native token MATIC is the medium of exchange of the Polygon ecosystem. For many developers, Polygon stands out as it enables them to improve Ethereum’s functionality and scale seamlessly.
The platform was recently in the news after Polygon Labs conducted a session on the taxation of digital assets like cryptocurrencies for US Senators Mike Crapo and Ron Wyden. While Wyden is a Democrat from Oregon, Crapo is a Republican from Idaho. During the session, Polygon Labs’ Rebecca Rettig explained the concept with an analogy between apple farming and crypto staking. Polygon has attracted many new buyers due to its constant innovation and upgrades.
What are the features that make a token a good crypto to buy? While every crypto user has different requirements, a non-negotiable parameter that everyone looks for in a token is long-term growth potential. A token with a high growth potential can secure your present as well as future while enabling you to diversify your portfolio. With InQubeta, crypto users get a chance to invest in promising startups and build growth engines that can be a game-changer for the DeFi ecosystem. InQubeta’s robust security framework and QUBE token’s deflationary model ensure crypto users don’t have to worry about their assets or privacy.
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