Ark Invest’s Cathie Wood Selling Bitcoin, AI Fueling InQubeta Presale Success
In the fast-paced world of crypto, two significant developments are making headlines. The first is Cathie Wood, the CEO of Ark Invest, selling its shares in Coinbase, a crypto exchange platform. The other is InQubeta, an AI-inspired project, and its presale success.
Cathie Wood, the CEO of Ark Invest, sold a substantial part of the company’s Coinbase shares, worth millions of dollars, after its surge. Coinbase shares experienced a meteoric rise after the company announced a surveillance-sharing agreement with five spot Bitcoin ETF applicants. This development saw the shares rally to over $100. Ark, one of the largest shareholders of Coinbase, started taking profits as it gradually sold to diversify.
Nevertheless, Cathie Wood remains steadfast in her belief in Bitcoin. Rather, she stressed the need to invest in other ventures as the reason for the sale. She believes Bitcoin is a flight to safety and will be for everyone soon.
On the other hand, InQubeta, a project that serves as the convergence between blockchain technology and AI, has been witnessing remarkable presale success. In this article, we will delve into the factors contributing to the increasing demand for InQubeta and its presale success.
InQubeta (QUBE): An AI-inspired token experiencing a meteoric rise
InQubeta is a pioneering project in the crypto landscape as it leverages blockchain technology to solve a limitation in the AI industry. Despite being a disruptive and burgeoning market, fundraising for startups has been a challenge in the AI industry. Therefore, InQubeta’s unique idea revolves around AI startup fundraising. Consequently, this puts it on the verge of imminent adoption.
InQubeta intends to be the first blockchain-based crowdfunding platform for AI startups through cryptocurrency. It aims to build a symbiotic ecosystem for AI startups and investors, allowing fundraising for the former and investments for the latter.
Through its NFT marketplace, AI developers will be able to hold fundraising events. On the other hand, investors can invest in promising AI startups. To raise funds, developers will have to give up stakes in their startups by minting investment opportunities in them. These investment opportunities will be tokenized or represented as NFTs. These will in turn be fractionalized to allow investors to invest in bits and choose their commitment level.
Based on the above, InQueta’s exceptional fundamentals significantly contributed to the success of its presale. The presale is just in its second stage, yet over $2 million has been raised. This is proof of belief in its vision and its imminent adoption, making its token presale a compelling investment.
As of press time, the presale is in stage 2 at a token price of $0.0098. The price is believed to be a low entry point considering the token’s significant growth potential. According to industry experts and analysts, QUBE, the utility token of InQubeta, will soar by 5,000% after launch.
In addition to being a promising investment, it is also a safe one. To promote transparency and investment security, there was an audit by Hacken, which proves the token and its smart contract are safe. Furthermore, the team has undergone KYC checks, which improves confidence based on transparency.
With InQubeta poised to reach even more milestones and surpass $2 million, now seems like the best time to join the bandwagon. Simply click on the link below to participate in the presale.
Conclusion
The crypto market is dynamic and constantly evolving, with two notable developments making headlines. The sale of shares in Coinbase, an exchange that houses different tokens, including Bitcoin, by Ark Invest’s Cathie Wood has somewhat led to concerns around Bitcoin. Nevertheless, this was quickly quenched by Cathie Wood herself. Amid this, InQubeta continues to gain traction in the crypto market, as it registered soaring success by raising $2 million in presales. This is due to the exceptional fundamentals of InQubeta and its huge growth potential.
Disclaimer
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
