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InQubeta (QUBE) and Cardano (ADA) are two of the best coins to invest in right now while Shiba Inu (SHIB) prices have dropped by over 7% in the past month. SHIB prices are still up for the month but there are concerns that prices could drop further as the project’s rate of burning tokens declines sharply by 98.79%.
Shiba Inu’s ridiculous 589 trillion token supply has been one of the biggest issues plaguing the platform, besides being a meme coin. The vast supply had made substantial growth challenging, even when bulls took over the cryptocurrency space a few weeks ago.
Meanwhile, InQubeta and Cardano have enjoyed considerable growth recently. ADA prices have risen by 45% in the past month, while QUBE prices have surged 130% since starting its presale. InQubeta offers investors who buy in today the opportunity to earn 90% returns by the time tokens are available on exchanges. The new DeFi project takes on mainstream investment firms by creating a more accessible channel to invest in artificial intelligence.
Best coins to invest in: InQubeta (QUBE) is poised to play a substantial role in AI revolution
InQubeta has been able to raise $5.2 million halfway through its presale thanks to the inventive way it opens access to artificial intelligence investments, the strong tokenomics the ecosystem is built on, and the massive influx of capital directed into the AI industry.
Investors have been bullish on all things AI since 2015 and investments in the sector rose 12x from then to 2022. Over $120 billion is invested in the AI sector today and that number is estimated to jump to $1.5 trillion in the next several years.
AI is on course to shake up industries worldwide and it will create rare opportunities for investors to earn exponential returns on their capital. Investing in AI also serves as a way for financiers to protect themselves against the uncertainty the technology will bring.
Here’s what the investment process looks like on the InQubeta ecosystem:
- AI startups fundraise on InQubeta’s blockchain by making non-fungible tokens (NFTs) that represent investment opportunities. These are InQubeta’s version of stocks
- Investors browse the different tokens listed on the NFT marketplace and purchase tokens they find interesting with QUBE. The NFT marketplace also provides data and information on the different startups using the ecosystem, allowing investors to make informed investment decisions
- ERC20 coins are transferred to investors once trades are completed and they can be resold at any time, providing lots of liquidity to investors
Investors can also earn tremendous profits by holding or staking QUBE. Stakers are regularly compensated with more QUBE for helping to run the blockchain. Tokens are undervalued at $0.0161 so there’s lots of room for growth. Shiba Inu currently has a $4.7 billion market cap despite its many issues and QUBE would be priced at about three dollars if it ever matches the meme coin’s market cap.
That means a $500 investment in QUBE today could be worth over $93,000 within the next couple of years.
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Shiba Inu (SHIB) prices drop as burn rate declines
Shiba Inu’s 589 trillion token supply has been one of the main factors preventing its prices from enjoying substantial growth. The project’s main solution to that problem has been regularly burning tokens to gradually reduce the supply.
However, the official Shiba Inu burn tracker shows the number of tokens burned recently had decreased by more than 98% compared to previous burns. Such news will make investors more hesitant to invest in the project.
Cardano (ADA) enjoys its first substantial bull run in months
ADA prices have risen by 45% in the past month, bringing prices close to highs set earlier in the year at $0.45. Cardano is one of Ethereum’s rivals and its high-performing blockchain provides faster transaction speeds and lower fees. Prices could grow as much as 6x if highs set in 2022 are reclaimed in the coming months.
Summary
QUBE and ADA are two of the best coins to invest in right now, while you should probably stay away from Shiba Inu given its burn issues and massive token supply. QUBE will likely be one of 2024’s biggest winners with some analysts projecting prices will rise as much as 100x.
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This news is republished from another source.
