Unpredictable developments often take center stage in cryptocurrency, and Gala ($GALA) has found itself amid a whirlwind of change. Over the past month, Gala has experienced a 37% drop in value, sending shockwaves throughout the crypto community. This decline is intertwined with a legal dispute involving Gala’s co-founders.
As Gala grapples with uncertainty, the crypto landscape witnesses two crypto projects, Polygon ($MATIC) and InQubeta ($QUBE), attracting the attention of discerning investors and crypto enthusiasts. As a result, whales are betting on $MATIC and $QUBE for substantial returns. But InQubeta has taken the spotlight with its NFT marketplace, propelling it as the top crypto to buy for investors seeking to make millions in their investments.
Join us as we explore why Gala dropped 37% amid crypto whales betting on Polygon and InQubeta.
InQubeta’s ($QUBE) Tokens: A Magnet for Crypto Whales In AI Innovation.
Follow CryptoMode on Twitter, Youtube and TikTok for news updates! InQubeta, a groundbreaking crypto crowdfunding platform, is rewriting investment rules by enabling fractional participation in AI startups through $QUBE tokens. This deflationary ERC20 token, unique in its structure, has captured the attention of crypto whales seeking the best crypto to invest in for diversification. But what makes InQubeta particularly appealing to these influential investors?
One compelling aspect of InQubeta’s offering is its trending NFT marketplace, where AI startups can raise funds and issue reward and equity-based NFTs. This innovation aligns perfectly with the crypto ecosystem, as $QUBE token holders can seamlessly invest in projects of their choice. This feature fosters a mutually beneficial relationship between investors and startups.
The allure of the $QUBE token to crypto whales lies in its deflationary nature, featuring a 2% buy and sell tax contributing to a burning wallet and a 5% tax allocated to a dedicated reward pool. This setup allows $QUBE holders to generate rewards by staking their tokens, making it the best crypto to invest in for those who believe in the growth potential of AI tech startups. Also, the $QUBE token functions as a governance token, granting holders the authority to actively engage in platform decision-making.
This empowerment has been an attractive proposition for whales seeking top crypto to buy for portfolio boosts, and as more participants join the InQubeta platform, the demand for $QUBE is expected to rise, subsequently increasing its value. As a result, InQubeta’s presale has been a notable success, securing over $3 million in funding. Stage four has seen more than 350 million $QUBE tokens sold at a presale price of $0.0133.
Polygon’s ($MATIC) Ascendancy: zkEVM and Incoming dApps to Drive Its Adoption
Polygon stands as a highly sought-after Layer 2 protocol within the Ethereum ecosystem. Its recent introduction of the zkEVM outlet further solidifies its position as a cutting-edge smart contract hub. As Polygon prepares to welcome numerous decentralized applications (dApps) shortly, it assures enhanced usability. This trend is poised to drive increased adoption of $MATIC in the short and long run.
Polygon witnessed a significant surge in whale transactions, reflecting the broader trend of altcoins seeking catalysts for price growth. These insights came from the crypto analytics platform IntoTheBlock (ITB). Thus, Polygon has consistently seen an increase in its active trading volume.
Gala ($GALA) Games Legal Battle: Its Tokens in the Crossfire, Prices Plummet 37%.
Gala Games CEO Eric Schiermeyer and the company’s co-founder and director, Wright Thurston, have been in a legal dispute, causing the price of Gala to drop by 37% in 30 days. The Utah district court has been inundated with lawsuits encompassing a range of allegations, from corporate mismanagement to $GALA token misappropriation.
Schiermeyer’s lawsuit contends that in 2021, Thurston purportedly absconded with $GALA tokens valued at $130 million. Thurston executed this act through his entity, True North United Investments, despite playing a pivotal role in Gala Games’ operational framework.
Conclusion
In the face of Gala’s decline and legal turmoil, InQubeta’s and Polygon’s unique investment approaches and supportive ecosystems have captured the attention of crypto whales. Hence, InQubeta’s trending NFT marketplace positions it as a promising contender in the crypto market. With the presale ongoing, investors can participate by buying the tokens using cryptocurrencies like $ETH, $BTC, or $USDT. Take advantage of the crypto AI revolution and seize the opportunity now!
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