Meme coins are making merry in the market! Memes are now making people richer by inspiring meme coins. Recently, the dog-themed token Dogecoin (DOGE) left crypto enthusiasts surprised with its upward trajectory. The development reaffirmed its potential to drive financial independence.
Market experts are optimistic about Dogecoin’s fortunes and the growth potential of other tokens like Uniswap (UNI) and InQubeta (QUBE). A section of crypto enthusiasts have predicted that the two tokens have the potential to grow by 50x in the coming months.
While Uniswap is a leading crypto exchange, InQubeta (QUBE) is a crypto-supporting crowdfunding platform for AI projects. Any crypto user can invest in an AI-based innovation and own a share in the enterprise’s equity.
Rated as one of the best new ICOs of 2024, the token witnessed record-high adoption since its launch. Till now, its presale stages have raised over $12.9 million.
InQubeta: An altcoin targeting AI-savvy users
InQubeta has developed a native cryptocurrency called the QUBE token. Whether its startup investments, rewards, or tax payments, all transactions are conducted with the QUBE token.
Its supply is capped at 1.5 billion and 65% will be sold to the public. The remaining 35% goes towards running the platform and paying for marketing campaigns.
The top altcoin has a deflationary mechanism that helps crypto portfolios whenever inflation or market volatility is rising. Under either of these conditions, the token supply is lowered to make the asset scarce.
The reduced supply will curb price fluctuations and make the asset value stable. The feature helps the QUBE token trade at a competitive price even when other asset categories are trading in red.
All protocol upgrades on InQubeta are implemented after consulting community members. Using a decentralized autonomous organization structure for governance, the platform puts all proposed changes to a vote.
In the voting process, only token holders can participate. QUBE token owners can voice their concerns about the suggested changes and then vote. Depending on which way the vote swings, it is decided whether a proposal will be implemented.
The InQubeta team has plans to take the platform to new heights with several new initiatives. These initiatives will help the platform evolve with technology while continuing to onboard new users.
Startup owners can also get help from experts to kickstart their marketing efforts and gain an advantage over other projects.
Over the next few months, the team will be launching a staking dApp which could make staking more accessible. The other plan in the works is to get the QUBE token listed on an exchange.
Open interest in Dogecoin crosses $2 billion
A popular animal-themed token, Dogecoin has been making waves with its continued climb. It’s inspired by a Japanese dog breed and has a native token called DOGE.
In a recent development, Dogecoin’s open interest rose to around $2 billion on most crypto exchanges. The uptick in open interest reflects that traders are becoming more confident about the token’s price movement.
Uniswap moots proposal to expand treasury beyond UNI token
Uniswap is a crypto exchange where people can buy, sell, and swap diverse cryptocurrencies. Whether a rookie or a pro, the platform offers everyone ample opportunities to increase their generational wealth. Its native token is UNI.
Uniswap recently was in the news after its community voted on a proposal to include other tokens in its treasury apart from UNI tokens. Currently, the $5-billion treasury of Uniswap comprises only UNI tokens.
Conclusion
InQubeta, Dogecoin, and Uniswap are some of the best crypto projects that people can find in today’s market. Whether it’s technology, growth potential, or user experience, these tokens don’t disappoint. They have been clocking regular growth and have successfully thwarted competition from new altcoins.
Crypto pundits see the success of these tokens to be the aftermath of their recent milestones and partnerships. They have defended their claims with the example of how Dogecoin’s new upgrade and its increased open interest have accelerated its growth. Another example cited by these experts was Uniswap’s rise following its bid to expand its treasury.
In the case of InQubeta, most analysts attribute its phenomenal success to the novelty of its model. As the first AI-driven crypto project, it is empowering startups while laying the foundation of an AI revolution. The build-up of its huge growth potential has been driving its presale funding as well.
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