The crypto landscape isn’t shy of innovations as well as legal developments. The US Securities and Exchange Commission (SEC) and Ripple (XRP) legal battle rages on as the regulatory agency plans an appeal. Simultaneously, another development creating a buzz in the landscape is that Bitcoin whales are turning their attention toward an intriguing new player: InQubeta. This low-cap gem, which harnesses the power of AI technology, has been the talk of the crypto town, captivating the attention of retail investors and whales.
This article will analyze the Ripple and SEC battle and explore the growing curiosity of Bitcoin whales around InQubeta. Further, the factors that contribute to making this AI-inspired token a good crypto to buy will be delved into.
InQubeta (QUBE): A Low-cap Defi Project with Promising Growth
Amidst Ripple’s regulatory concerns and its ongoing battle with the SEC, Bitcoin whales are casting their gaze upon InQubeta. This low-cap and AI-inspired token appeals to investors for its novelty within the crypto landscape and the innovative solution it seeks to introduce. By being an intersection between AI and blockchain technology, InQubeta represents a ground-breaking venture, with its utility token, QUBE, touted as the best crypto to invest in now.
Follow CryptoMode on Twitter, Youtube and TikTok for news updates! InQubeta’s unique concept revolves around reshaping the fundraising landscape of the AI scene. It intends to become the first crowdfunding platform where AI startups can raise funds through cryptocurrency. Considering the vastness of the AI industry and the record pace of its growth, InQubeta aims to introduce a forward-thinking approach by creating a platform where capital can be raised through its utility token, QUBE. To raise funds, AI startups only need to mint investment opportunities as NFTs, which will be purchased by investors and AI enthusiasts. With such tangible utility, QUBE is one of the altcoins to watch out for this year.
Further, InQubeta appeals to investors due to its low-cap status. The token is currently in presale stage 3, giving investors early entry and a chance to make significant gains. The current price per token is $0.0112, which experts forecast will surpass 40x before the end of the year. This makes QUBE one of the best cryptos to buy.
Ripple (XRP) and the SEC Battle Analysis
The battle between the SEC and the crypto firm Ripple Labs rages on. It is to be recalled that in 2020, the SEC filed a lawsuit against Ripple, alleging the company and its executives illegally sold XRP, its utility token, to investors without first registering it as a security. However, Ripple disagreed, saying its token shouldn’t be considered an investment contract but a digital currency as it is used to facilitate cross-border transactions. This marks the beginning of the saga, an expensive one at that, which, according to CEO Brad Garlinghouse, will cost $200 million by the time it is over.
After years of this legal battle, with XRP taking a hit and plummeting, fast forward to 2023, when Ripple scored a partial victory. According to the U.S. District Court for the Southern District of New York, the sale of Ripple (XRP) on exchanges and through algorithms did not constitute investment contracts. However, the institutional sale of the token did violate securities law, according to the court. This ruling brought a degree of regulatory clarity to the crypto industry, with XRP surging due to this development.
However, the SEC appears not to be done, as it will appeal the court ruling, which has drawn attention within the crypto community. Nevertheless, irrespective of the direction of this case, the regulatory narrative of crypto will be determined or made clearer by the end of this SEC legal dispute with Ripple.
Conclusion
For one thing, by the end of the Ripple and SEC legal battle, a precedent regarding crypto regulation would have been set. On a different note, InQubeta, one of the new DeFi projects in the crypto scene, has turned heads with its innovative concept, with Bitcoin whales taking a keen interest. With the presale ongoing, InQubeta represents one of the best altcoins to invest early in.
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