As Dogecoin miners exit investors turn to InQubeta

The popularity of the leading meme coin Dogecoin took a strong hit between August and October after some of its miners exited. As a result, many Dogecoin patrons are now flocking to other top altcoins like InQubeta (QUBE). Powered by Ethereum, InQubeta helps startups working in the field of artificial intelligence find authentic investors for their projects and fast-track their growth journeys.InQubeta’s popularity has been rising even though it’s still in the presale stage. While some feel it’s because of InQubeta’s unique model, others feel it’s due to its huge presale success. It is likely one of the best new ICOs of 2023 after its presale funding crossed $3.5 million recently.InQubeta utilizes blockchain technology to allow startups to gain access to funding opportunities to bring their ideas to life. It’s also a place where investors get to explore promising opportunities even before their launch in the market. This unique feature of InQubeta not only gives an early-bird advantage but also enables investors to stay ahead of the competition. The AI revolution is unlocking new avenues of growth across the world and InQubeta might gain from an early mover advantage. To facilitate seamless transactions, InQubeta has rolled out a native cryptocurrency called the QUBE token. The QUBE cryptocurrency can be bought on presale and has been featured among the new altcoins that have the potential to deliver 100x gains. It has attracted many buyers due to its intuitive interface and user-friendly features. QUBE has a deflationary model designed to curb price fluctuations. In a deflationary cryptocurrency, the supply is not allowed to rise above the demand and is always kept scarce. Even if it does exceed the demand, the extra supply is destroyed by sending the tokens to a burn wallet. As the token supply is limited, fluctuations in its price are minimized while its value stays stable. The QUBE token also has an important role to play in the platform’s governance. Powered by a decentralized autonomous organization (DAO) model, InQubeta’s governance structure involves all stakeholders in the decision-making process. So, if a community member has a suggestion in mind, they can move a proposal and it will be vetted by other community members. The final say, however, rests with the QUBE token holders who get voting privileges. Once the proposal is put to a vote, QUBE token holders can use these privileges to express their opinions about a set of proposed changes.If you are a startup looking to explore InQubeta, the first thing to get in order is an offer for the investors. These offers would entail what investors can look forward to getting if they choose to invest in a startup. All offers are tokenized, minted into NFTs, and then uploaded on InQubeta’s NFT marketplace. Here, investors can critically examine all offers and make well-informed decisions. They can then buy an NFT and pay for it with their QUBE tokens. These NFTs can be fractionalized meaning anyone can be a startup investor no matter their budget. If interested in InQubeta, visit the InQubeta Presale to purchase your QUBE tokens.Dogecoin is the first meme coin and is inspired by a Japanese dog breed. The popular meme coin leverages the proof-of-work consensus protocol for securing its network and verifying all transactions. The platform’s native token is known as DOGE and it is widely used as a payment currency across the world. Recently, DOGE’s popularity suffered as miners decided to exit and shift focus to other popular cryptocurrencies. As a result, the price is facing a downturn. However, long-term holders believe DOGE could recover as it remains the favourite cryptocurrency of meme coin enthusiasts. Dogecoin, which was once a darling of meme coin lovers, has seen a significant decline in the recent past despite being acknowledged by large companies like Tesla. This is forcing crypto investors to look for alternatives.InQubeta is positioning itself as an alternative for investors fleeing the declining Dogecoin meme coin. It is currently conducting a presale for its native token QUBE.Keep updated with our round the clock and in-depth cryptocurrency newsKeep updated with our round the clock and in-depth cryptocurrency newsPlease be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. We may receive financial compensation from these third parties. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services.Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. contracts for difference (“CFDs”) is speculative and carries a high level of risk. Each investment is unique and involves unique risks.CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Your capital is at risk.When trading in stocks your capital is at risk.Past performance is not an indication of future results. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. If you are unsure, seek independent financial, legal, tax and/or accounting advice. This website does not provide investment, financial, legal, tax or accounting advice. Some links are affiliate links. For more information please read our full risk warning and disclaimer.

Source [CoinJournal: Latest Bitcoin, Ethereum & Crypto News](

Bookmark the permalink.

Comments are closed.