As the cryptocurrency market enters 2024, Ethereum (ETH) and Stellar (XLM) are experiencing mixed trends.
As the cryptocurrency market enters 2024, Ethereum (ETH) and Stellar (XLM) are experiencing mixed trends.
InQubeta (QUBE), an innovative AI-powered cryptocurrency ICO, is gaining momentum in January 2024.
InQubeta (QUBE) supporters can participate in the pre-sale and purchase tokens here.
Ethereum (ETH could be due for a healthy correction
Ethereum, the second-best cryptocurrency by market cap, has recently undergone a notable correction, pulling back to key support levels. Despite this downturn, Ethereum has shown signs of resilience, indicating a possible resurgence from a lower level. Technical indicators paint a mixed picture; The hourly MACD reveals waning bullish momentum, while the Relative Strength Index (RSI) for ETH/USD sits just above the breakeven point of 50. This suggests a degree of hesitation in the market, reflecting the uncertainty and fluctuating investor sentiment.
The Stellar (XLM) Community Is Still Very Bullish
Starting in 2024 on a bearish note, Stellar has struggled to maintain or increase its price since December. Investors expecting a positive change in price trajectory with the new year have been disappointed as Stellar records a drop in price value.
Additionally, Stellar trading volumes have decreased, contributing to the negative sentiment surrounding the token. Experts anticipate that Stellar could break out of its bearish form in the coming weeks, but the current trend indicates a challenging period for this major altcoin.
InQubeta (QUBE) pre-sale gains momentum
InQubeta It emerges as a beacon of positive momentum in the crypto space. This platform, powered by its QUBE token, is starting to attract attention in the investment world, especially among those interested in the growing intersection of AI and cryptocurrencies. What makes InQubeta stand out is how it makes it simple for everyday investors to access AI startups. With QUBE tokens, fractional investments are possible, opening up a field that was mainly played by the big boys.
On the InQubeta platform, AI startups have the opportunity to create popular NFTs that represent rewards or a stake in their company. This offers investors a variety of direct ways to invest, which is quite interesting. It’s a win-win: startups get the funding they need and investors have the opportunity to benefit from the success of these innovative AI companies.
The QUBE token is at the center of all this. It is a deflationary ERC20 coin and has a unique approach where every transaction receives a 2% tax that goes to a burned wallet. Additionally, there is a 5% tax reserved as a reward for those who own their coins.
InQubeta, a new ICO, is taking advantage of what’s hot right now: investments in AI startups. Taking a leaf from cryptocurrency history, InQubeta’s token QUBE could be gearing up to be a major player in the next bull run. It’s this kind of potential and excitement that keeps the cryptocurrency field interesting and full of surprises.