Shiba Inu Incinerates 298M Tokens, but Price Remains Flat; The Graph Competitor Expected to Soar

While Shiba Inu’s burn rate surges and the community rallies behind their beloved dog-themed token, SHIB’s price action tells a different story. Meanwhile, InQubeta (QUBE) – an emerging crypto project that’s considered by many to be a competitor to The Graph – is set to soar as its token presale comes to an end. Let’s take a closer look at these developments.

Shiba Inu: Burning Bright, But Price Stays Chill

Shiba Inu burns are back in the headlines, and for good reason. The SHIB army has been on a mission to incinerate tokens, and the results are impressive. Recent data shows a staggering 298 million SHIB tokens burned over a 24-hour period, marking a burn rate increase of over 400%. So far, the number of SHIB burned stands at more than 410 trillion, while its total supply is around 589 trillion.

However, despite the community’s dedication, the price of SHIB hasn’t quite followed suit. SHIB has recently experienced a seven-day decline of 19%. This could be a minor correction after a strong week that saw a 25.5% increase.

Diehard SHIB enthusiasts shouldn’t fret. The token is still holding strong and the long-term vision remains clear: to conquer its previous all-time high and eliminate another zero from its price tag.

The Graph Competitor InQubeta Expected to Take Flight

Now, let’s shift gears and set our sights on InQubeta (QUBE), a blockchain ICO project making waves in the exciting realm of Artificial Intelligence (AI). InQubeta has ambitious plans to revolutionize the AI space, and its presale success is a strong indicator of investor confidence. Here’s what makes InQubeta so intriguing:

Surpassing Expectations

InQubeta has raised more than $12 million in just nine stages out of its ten-stage presale. This impressive feat speaks volumes about the crypto ICO project’s potential.

Early Traction

With over 906 million QUBE tokens sold so far, InQubeta is one of the top DeFi projects on the market, garnering the attention of many investors.

Positioned for Growth

QUBE is currently priced at $0.028, and analysts predict a potential 100x surge once it hits exchanges. This kind of growth is hard to ignore, especially considering the massive influx of capital expected to flow into AI by 2030 – a staggering $1.5 trillion. 

Why InQubeta is an Attractive AI Investment Opportunity

InQubeta aims to shake things up in the AI world by offering investors a novel way to participate in the success of emerging AI startups. Here’s how it works:

Empowering Investors

Promising AI startups leverage InQubeta’s ecosystem to mint popular NFTs (non-fungible tokens) that represent both rewards and equity-based investment opportunities. Investors can then use QUBE tokens to purchase these NFTs.

Democratizing AI Investment

Think of these trending NFTs as blockchain-based stock certificates. Investors can freely buy, sell, and trade them on the InQubeta marketplace, giving them more control over their AI investment portfolio.

Dual Investment Potential

InQubeta offers a two-pronged approach for investors. You can choose to directly invest in specific AI startups you believe in, or you can hold or stake your QUBE tokens, essentially investing in the growth of the entire InQubeta ecosystem.

The future of AI is undeniably bright, and InQubeta (QUBE) positions itself perfectly to capitalize on this growth. With AI poised to disrupt numerous industries in the coming decade, InQubeta offers a compelling opportunity to potentially build long-term wealth.

Conclusion

The cryptocurrency market is a dynamic landscape filled with both established and beginner cryptocurrency players. One of the most popular memecoins, Shiba Inu, has been on the news recently due to its community’s token burning efforts. While investors monitor the effect these have on the coin, a newcomer, InQubeta, is gaining traction in the market, with experts expecting it to soar after it hits exchanges.

If you’re looking to ride the AI revolution, InQubeta is worth a look. Visit their website or join their community on Twitter to stay updated on the latest developments and investment opportunities.

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