Investing.com | Editor Pollock Mondal
Published Oct 31, 2023 09:19AM ET
The crypto market is witnessing a new bull cycle with Ethereum (ETH) and Binance Coin (BNB) showing significant growth. Ethereum, functioning as a host for other cryptocurrencies, has successfully broken the $1,800 resistance.
InQubeta (QUBE), an innovative Initial Coin Offering (ICO) that combines artificial intelligence with blockchain technology, is making notable progress. Today, it announced that it raised $4.1 million in its fourth presale round at $0.0133 per token. This ICO aims to solve fundraising challenges in the AI sector by acting as the first crypto-based crowdfunding platform for AI startups.
InQubeta’s unique approach could democratize AI investments, allowing more people to participate in funding promising AI projects. The potential of this platform is evident in its predicted rally of 3,000% by the end of 2023.
Binance Coin is also part of the upward trend in the crypto market, indicating a positive trajectory for major cryptocurrencies. However, the focus remains on InQubeta’s success and its potential impact on the AI sector and crypto-based crowdfunding platforms.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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Written By: Investing.com
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