The post Ripple and Aptos announce important updates as InQubeta gears up for 100X returns in 2024 appeared first on Coinpedia Fintech News
Crypto users have been quite lucky this year as it has been raining high returns. Some of the recent uptick in the market was attributed to important updates announced by Ripple (XRP) and Aptos (APT).
Another reason that contributed to the recent gains made by the crypto market was the analysts’ predictions about the newly launched InQubeta (QUBE).
InQubeta’s popularity surged after some analysts claimed that it has the potential to grow by 100x next year. The news has fuelled massive interest in the crypto project, which helps startups find the right investors for their AI-based projects.
Apart from its unique use case, InQubeta’s cryptocurrency ICO has also contributed to its popularity. Its presale funding recently crossed $5.5 million.
InQubeta: Empowering AI startups with DeFi
With a diverse range of features and a utility-focused model, InQubeta is a top crypto to invest in. The platform gives crypto users and AI startups the required resources to become self-reliant and financially secure.
It has a native cryptocurrency called the QUBE token which is used for making all kinds of payments within the InQubeta ecosystem. QUBE can currently be bought on presale at very low prices. Buying tokens during the presale phase can deliver potentially huge returns in the long term.
The InQuebta team has generated a total of 1.5 billion QUBE tokens. However, only 65% of the supply is made available to interested buyers. The rest is used for funding different expenses that are required for the platform’s development.
These expenses include financing marketing activities, paying legal advisors, maintaining the rewards and liquidity pools, and paying the development team.
InQuebta is considered among the best altcoins for 2023, as it provides its patrons with multiple ways to earn passive income. These options include staking, where token holders can stake their assets and earn cryptocurrencies.
The longer they are willing to stake the token, the higher would be the rewards. Staked tokens support the platform’s all-around development by ensuring ample liquidity at all times.
QUBE has a deflationary model, and it can shield returns when inflation hits the market. The token’s anti-inflationary character minimizes price fluctuations by keeping the supply scarce. Even if the supply rises, it can be controlled by destroying extra tokens in circulation.
The supply of QUBE tokens usually rises when there are too many tokens being sold or bought. Every time a QUBE token is bought or sold, a small tax is levied, which is also paid in terms of QUBE tokens.
The InQuebta team burns a small portion of tax proceeds from every transaction and keeps the supply in check. The remaining tax proceeds are used for financing marketing initiatives, giving rewards, and maintaining the liquidity pool.
Ripple: Making blockchain more accessible for businesses
Ripple is a one-stop shop for businesses interested in leveraging blockchain-powered solutions for long-term growth. These solutions aim to cut costs, reduce capital consumption, and help discover new revenue streams and audience groups for enterprises. The platform is powered by the XRP Ledger technology, which is known for its sustainability, high throughput, scalability, lower costs, and high speed.
The platform also has a native token called XRP for dealing with transactional purposes within the Ripple ecosystem. Ripple recently announced important partnerships to promote low-cost remittances in the Latin American region. Metaco, a Swiss-based custody firm acquired by Ripple, is also working with HSBC to promote liquidity solutions.
Econia Labs unveils new platform on Aptos mainnet
Aptos is a blockchain for deploying high-performance dApps with the capability of solving real-world challenges. The popular Layer 1 network has managed to maintain its hold over the market despite the entry of several new altcoins due to USPs like high throughput and scalability.
These USPs can be attributed to features like parallel execution of transactions that allow Aptos to perform better and faster than other networks.
Its native token is represented by the symbol APT and has delivered huge returns in the past.
In a recent development, Econia Labs rolled out its new DeFi platform on the Aptos mainnet. With the launch of the platform, Econia Labs aims to infuse more efficiency into the DeFi ecosystem while making it more accessible.
The launch on the mainnet comes after the platform was successfully operated on the testnet and drew more than a thousand users in a short period.
Conclusion
If you are looking to make a few changes in your portfolio for a more rewarding 2024, InQubeta, Ripple, and Aptos are great options to consider.
The three tokens have cutting-edge models that have the stamp of approval of several leading analysts. These tokens are classic examples of how DeFi assets can boost financial inclusion for the masses and secure their future.
Buyers should review a project carefully before making an investment decision. Diversification can also help in reducing risk in the long term.
#PressRelease [Source: Coinpedia]