Polygon (MATIC) has been booming lately, thanks to a massive shift in its ecosystem. The token recently rose 22%, ranking as one of the best performers in the market. With this rise, Polygon is looking for new yearly highs and has shown potential to move towards $2 based on the platform’s numerous successes.
Polygon (MATIC) has been booming lately, thanks to a massive shift in its ecosystem. The token recently rose 22%, ranking as one of the best performers in the market. With this rise, Polygon is looking for new yearly highs and has shown potential to move towards $2 based on the platform’s numerous successes.
Meanwhile, Cardano (ADA) and InQubeta (QUBE) have been experiencing high demand from investors. Since the bullish momentum entered the market, ADA has surged over 180% while QUBE has entered another pre-sale phase. Due to these results, both DeFi companies are enjoying high whale activity, which experts believe will further boost their growth.
InQubeta (QUBE) Potential Welcomes Investors
InQubeta is a DeFi platform that allows users to invest in some of the best cryptocurrency investment opportunities in the AI sector. It acts as a bridge between interested investors and AI startups seeking funds to develop their companies. These startups generate NFT investment opportunities, and InQubeta lists them for QUBE holders to purchase. As the value of these AI technologies grows, investors will see their holdings skyrocket, making InQubeta’s NFT collection the best NFT to invest in.
One of the most anticipated features of InQubeta is their staking mechanism, which distributes rewards from a 5% tax pool to QUBE participants. This feature ensures active participation on the platform while also offering users residual income when it launches. In addition to its governance capabilities, QUBE is also a deflationary token, increasing its upside potential.
Like many top DeFi companies, InQubeta has been stellar during its ongoing pre-sale. It has increased from $0.007 to $0.01925.
Cardano (ADA) Momentum to Previous Highs Indicates Whale Activity
After successfully maintaining its position as the eighth largest token in the market, Cardano has achieved a nice price run of over 200% during the year. This rally is a result of the market-wide bullish sentiment that filled the market late last year and whale activity on the platform.
Reports have shown that whale transactions on the Cardano blockchain have skyrocketed since early 2023. At the same time, ADA accumulation by whales and crypto sharks has skyrocketed since the death of FTX in 2022. All These positive developments triggered a stellar 180% rally during the last quarter of 2023, pushing ADA above its 18-month high.
Polygon (MATIC) 22% Rise Signals Incoming Bull Run
Polygon has been riding the tide of the market rally since October last year. A notable increase in trading activity triggered MATIC’s rise from its lows in September 2023. According to bullish MATIC holders, their main goal right now is to push Polygon’s value above the $2 mark. Polygon has achieved extensive partnerships and innovative developments in its ecosystem. The efforts of Polygon Labs and Polygon Foundation have established constant updates that recently led MATIC to achieve a 22% increase. Investors are optimistic that continued growth will affect its future price.
Recent market performance confirms projections that the market will post a tremendous run in early 2024.
QUBE’s impressive rally during the early stages of the platform’s growth and its offerings of the best NFTs to invest in show InQubeta’s potential to deliver on its promised gains.