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InQubeta (QUBE) an emerging AI altcoin is witnessing an influx of investors, amid a resurgence in the Bitcoin price.
Bitcoin’s (BTC) price dropped considerably after setting a new all-time high (ATH) at $73,750, going as low as the $62,000 support level. Its price recently surged as high as $71,000 and it’s now trading above the $68,000 mark.
Over $60 million worth of BTC being liquidated after a new ATH was posted was responsible for the significant price drop. Now capital is once again pouring into the most popular cryptocurrency and Exchange-traded funds are posting positive inflows.
Meanwhile, emerging crypto InQubeta continues to enjoy a surge of investment capital. Its presale has now exceeded its original $10 million funding goal and more than 930 million tokens that are valued at over $12.7 million have been sold. Its presale has brought in comparable numbers to many of the top cryptocurrencies around.
InQubeta (QUBE): An AI altcoin with potential
InQubeta’s mission is to launch an investment space that gives everyone access to investments in the artificial intelligence (AI) sector. It will serve as a much-needed alternative to traditional investment firms and their capricious requirements that lead to a large fraction of global investors not having access to their services. Its ecosystem is expected to be one of the top DeFi projects around once launched.
InQubeta was created on the Ethereum (ETH) blockchain, which allows it to share its functionality. This gives InQubeta’s developers the capability to create a decentralized investment space that anyone can use to invest in artificial intelligence.
AI startups secure funding for their projects on the InQubeta network by creating non-fungible tokens (NFTs) that are digitized representations of investment opportunities they’re offering to investors. Thanks to fractionalization, investors can buy small portions of these tokens and the equity or reward-based investment opportunities they offer.
The future of artificial intelligence
AI has come a long way in the past few decades and many interesting AI-powered products are now being launched each year. Autonomous taxis are already earning their owners’ profits in the San Francisco area, while Amazon tests out humanoid robots in its warehouses.
Investments in AI have skyrocketed by 1,000% since 2015 and more than $120 billion has been invested in companies developing the technology. Investments in AI are expected to grow a lot more by 2030, with some projections expecting over $1.5 trillion to enter the sector.
The massive inflow of capital into artificial intelligence positions InQubeta for considerable growth in the next several years as it provides a mutually beneficial ecosystem for both AI startups and investors.
Thanks to InQubeta, anyone who wants to be part of the artificial intelligence revolution will be able to buy equity in startups on its NFT marketplace.
What’s next for Bitcoin (BTC)?
BTC’s recent price surge defied projections from JPMorgan’s strategists that prices would fall as low as $42,000 before the halving event due in April. With net inflows once again flowing into Bitcoin, the opposite is more likely to occur before the halving.
BTC’s halving events have historically led to prices skyrocketing leading up to and after halvings. There’s more pressure for upward price movements this time around since spot exchange-traded funds being launched has opened the way for trillions of dollars to be invested in Bitcoin.
The capital controlled by major asset managers like Grayscale, Fidelity, and BlackRock is estimated at over $150 trillion and even a small percentage of these funds being allocated to Bitcoin could send its price over a million dollars.
To learn more about this project, visit the InQubeta presale website or join the InQubeta communities
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