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Home Altcoins

Avalanche (AVAX) Hits 6-Month High at $20; Arbitrum (ARB) & InQubeta (QUBE) Are on Investors’ Radar

Robbie Kenllis by Robbie Kenllis
November 20, 2023
in Altcoins
0
Avalanche (AVAX) Hits 6-Month High at $20; Arbitrum (ARB) & InQubeta (QUBE) Are on Investors’ Radar
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The world of cryptocurrency is like a never-ending rollercoaster ride, full of highs, lows, and unexpected turns. Recently, the crypto community has been abuzz with Avalanche (AVAX) reaching a 6-month high of $20, a feat it hasn’t achieved since April 2023. But that’s not the only story making waves. Two other top altcoins, InQubeta (QUBE) and Arbitrum (ARB) are steadily climbing the ranks on investors’ watchlists, signaling a shift towards more innovative and dynamic crypto projects.

InQubeta (QUBE): Catching the Eye of Forward-Thinking Investors

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In this ever-changing crypto landscape, InQubeta is quickly becoming a name to remember. It’s not just another blockchain project; it’s a fusion of AI and crypto, a combination that’s as intriguing as it is promising. InQubeta’s approach to democratizing investments in AI start-ups is turning heads, particularly among those who are always on the lookout for something new and potentially game-changing in the crypto space.

The core of InQubeta’s appeal lies in its QUBE token, which represents a pioneering step in democratizing investments in AI start-ups. Through this platform, investors can engage in fractional investments in AI start-ups via the coolest NFTs, which symbolize either equity stakes or rewards in these companies. This is a win-win scenario for both the parties involved.

What makes QUBE, an ERC20 coin, particularly interesting is its deflationary nature, encouraging investors to think long-term. With a 2% buy and sell tax for burning and a 5% tax for a rewards pool, it’s clear that InQubeta wants its investors to be in it for the long haul. Plus, as a governance token, QUBE gives investors a say in the platform’s future, making it a genuinely community-driven project.

The resounding success of the ongoing presale is one of the key reasons behind investors getting drawn to this top ICO. With over $5 million worth of tokens have been sold, and QUBE is still available at a heavy discount.

Avalanche’s Impressive Surge

Turning to Avalanche, its recent surge to $20 is something to talk about. According to crypto analyst Hitesh Malviya, this jump can be attributed to the adoption of GameFi subnets, which are really shaking things up in the AVAX ecosystem. These subnetworks are special in that they offer shared validators for various blockchains within Avalanche, adding to its efficiency and appeal.

One of Avalanche’s unique strategies is burning 100% of its transaction fee revenue. In the last month alone, the network has burned over 38,000 AVAX. This high burn rate during a price rally is a strong sign of organic growth, setting it apart from other top crypto coins that often rely on market speculation for their surges.

Arbitrum: A Layer 2 Innovator

Arbitrum is also making waves as a prominent Layer 2 scaling solution for the Ethereum blockchain. Its technology enables faster smart contract transactions while significantly reducing transaction costs. By using blockchain rollups, Arbitrum efficiently processes transactions, alleviating the computational load on the base Ethereum blockchain.

ARB, the native token, plays multiple roles – from transferring value and serving as an investment option to participating in governance decisions. The versatility and practical application of $ARB make it the best crypto to buy for investors seeking exposure to innovative blockchain technologies.

Conclusion

The crypto market never fails to surprise. Avalanche’s climb to $20, driven by tangible network activities like GameFi subnets, is a testament to its robust ecosystem. At the same time, the growing interest in innovative platforms like InQubeta and the practical solutions offered by Arbitrum reflects a broader trend in the crypto community. Investors are increasingly drawn to projects that combine technological innovation with real-world applications. As this market continues to evolve, keeping an eye on diverse and dynamic platforms like InQubeta and Arbitrum, alongside more established players like Avalanche, could be key to staying ahead in the exciting world of cryptocurrency.

Visit InQubeta Presale

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Disclaimer

Please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. CryptoMode is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

Tags: ArbitrumAvalancheInQubeta

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