After securing a partial victory against the United States Securities and Exchange Commission (SEC), Ripple knew that wasn’t the end of its legal woes. In recent news, the Ripple and SEC saga continues, as the latter plans to appeal in the ongoing legal battle. In other news, InQubeta, an emerging token, remains in the spotlight, drawing the attention of investors within the crypto community.
InQubeta (QUBE): The presale stealing the spotlight
Given the excitement around its presale and the enormous amount of money received thus far, it is no surprise that InQubeta has caught the attention of investors. With over $2.1 million raised at the time of writing, InQubeta has positioned itself as a promising presale. Its convergence between blockchain technology and a novel approach to solving fundraising issues within the AI sector has contributed to its thriving presale.
As a blend between AI and blockchain, the project aims to leverage the latter to create a better fundraising experience for AI startups. To achieve this, it will become the first crowdfunding platform for AI startups. Its cutting-edge NFT marketplace will enable fundraising for startups by minting investment opportunities. The tokenized investment opportunities in startups will be listed on the marketplace as fractionalized NFTs, which investors can purchase.
Further, through its fractional investment model, the project will witness a surge of investors aiming to participate in the burgeoning AI market. This model will democratize access to the ever-expanding market, thereby allowing all members to invest based on their income.
Additionally, the token, QUBE, can be staked, which adds to its utility besides AI fundraising and investment. InQubeta (QUBE) token holders will be rewarded for staking through its dedicated staking rewards pool, which will be funded by buy and sell taxes.
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Also, the project intends to democratize access to AI investments and its governance. As a result, the token will be a governance token, which gives token holders voting rights on how the platform is governed.
With its presale ongoing, InQubeta aims to create more milestones along the way. It is currently in stage 3 at just $0.0112 per token. According to experts, the QUBE token will rally by 20x before the end of the year, making it a promising investment.
Ripple (XRP) and the SEC legal battle continues
Ripple, the parent company of XRP, has been embroiled in a legal battle with the SEC for years over the classification of XRP as a security. The regulatory uncertainty stunted the growth of Ripple, but it skyrocketed after its partial victory on July 13, 2023. However, recent developments stemming from the crypto regulatory landscape indicate that the SEC is planning an appeal. The crypto community’s attention is now drawn back to this legal battle after enjoying the market rally that followed Ripple’s partial victory.
This legal speculation has gripped the crypto community and put it on edge. This further casts doubt on Ripple (XRP), with stakeholders and investors bracing for tumultuous shifts in case things go south. The coming weeks promise to be crucial to Ripple and XRP, with the token already responding to this new development with a dip in price.
Conclusion
Due to its novelty, the crypto landscape remains a dynamic space with regulatory challenges. This is highlighted by Ripple’s ongoing saga with the SEC, which demonstrates the importance of regulatory clarity. On the other hand, InQubeta, an emerging project, retains the spotlight around its presale, capturing investors’ attention. Its allure and promises of significant gains have resulted in overwhelming presale participation, with investors eyeing substantial gains.
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