Recent market analysis has shown a significant price devaluation of prominent cryptos in the DeFi market, such as Cardano (ADA). This results from the Securities and Exchange Commission (SEC) filing a lawsuit against the cryptocurrency and regarding it as an unregistered security. Consequently, several long-term holders of Cardano’s native token, ADA, are selling their tokens and gravitating towards a new crypto on the market called InQubeta (QUBE).
InQubeta is a new AI-based platform well-positioned to shape the crypto ecosystem’s next generation of artificial intelligence (AI) technology innovation. It aims to become one of the best cryptos to buy now by unlocking new opportunities for crypto investors and transforming AI startups. InQubeta’s features and its ongoing presale growth trajectory attract global crypto users, including Cardano’s investors.
Let’s explore why Cardano’s long-term holders sell their ADA tokens for InQubeta’s presale.
InQubeta experiences an exponential surge in value due to its successful presale
InQubeta (QUBE) was designed to empower the advancement of AI startups around the world. It is an innovative platform making significant strides in the DeFi market with its pioneering presale. Over 76 million units of QUBE, the native token of the InQubeta platform, have been sold via the first stage of the ongoing presale at $0.00875 per token.
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The QUBE token is an ERC-20 standard token that operates on a deflationary mechanism that helps increase the token’s value. For every transaction involving the token, a 2% buy and sell tax is assigned to a designated burn wallet. A 5% sell tax is imposed on every QUBE transaction allocated to a dedicated reward pool.
One feature distinguishing InQubeta from other crypto platforms in the crypto market is its unique NFT marketplace. This marketplace enables AI startups to generate investment opportunities for investors through equity-oriented NFTs. These NFTs, with specific incentives attached, are available for investors to purchase on the marketplace using the QUBE tokens. This system establishes a mutually beneficial connection that guarantees the success of AI startups while generating returns for investors.
InQubeta is positioning itself as one of the best cryptos to buy now and is garnering global investor attention as it has generated over $500,000 in the sale of the QUBE token. Interested investors can participate in the InQubeta revolution by joining the presale and purchasing QUBE tokens using supported payment coins like BTC, ETH, and USDT.
Cardano is losing its long-term holders amidst SEC Lawsuit Saga
Investors who have held ADA tokens for a considerable period are now selling them to find more lucrative cryptocurrencies such as InQubeta. The Securities and Exchange Commission (SEC) prompted this action by classifying Cardano as an unregistered security on June 9, 2023. This subsequently caused Robinhood, a major trading platform, to remove the ADA token from its listings.
Final thoughts
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Despite being one of the best DeFi cryptos in the crypto market, Cardano is experiencing a significant decrease in momentum. This has led its holders to invest in potentially profitable options like InQubeta. QUBE harnesses the power of blockchain technology and its groundbreaking features to establish a decentralized ecosystem where crypto investors and AI startups can come together, collaborate, and propel the advancement of AI innovation. Investors are encouraged to participate in InQubeta’s innovative ecosystem by purchasing QUBE tokens via the InQubeta presale.
