Sponsored Markets
September 21, 2023

Robinhood Ramps Up SHIB Holdings to 35T; AI Coin Tempts BTC Whales

In this article, we delve into the dynamic fusion of cryptocurrency and AI with InQubeta’s groundbreaking $QUBE token. Discover how $QUBE democratizes AI startup investments while empowering the community to shape the future. Plus, explore Robinhood’s recent acquisition of 35 trillion SHIB tokens, shedding light on the evolving dynamics of the crypto market.

Robinhood Ramps Up SHIB Holdings to 35T; AI Coin Tempts BTC Whales

AI Coin Tempts BTC Whales

InQubeta is introducing an innovative crypto crowdfunding platform that revolutionizes how AI startups secure funding and engage with their communities. Central to this groundbreaking platform is the $QUBE token, a deflationary ERC-20 token custom-created by InQubeta. The aim is to create a seamless and efficient investment process accessible to all while supporting early-stage AI startups.

Through the InQubeta NFT marketplace, AI startups have the opportunity to raise funds by offering reward and equity-based NFTs. This dynamic ecosystem benefits both project creators and $QUBE token holders, making it one of the best cryptocurrency investment opportunities available. The $QUBE token represents a unique investment avenue for those passionate about advancing AI technology startups.

$QUBE’s deflationary nature is a key feature. A 2% tax on buys and sells contributes to a burn wallet, potentially increasing the token’s value over time, making it one of the top crypto coins to consider. Additionally, $QUBE has a 5% sell tax, with proceeds allocated to a dedicated reward pool, allowing token holders to earn rewards through staking, which is a great way to earn passive income with cryptocurrency.

The intersection of AI technology and cryptocurrency offers unparalleled growth potential, and InQubeta recognizes the inefficiencies in traditional investment methods. The $QUBE token and InQubeta’s NFT marketplace leverage blockchain and smart contracts to create a transparent, secure, and democratic investment ecosystem that empowers the growth of AI technology startups, making it one of the best cryptos to invest in now.

InQubeta addresses this challenge by bridging the gap between investors and AI startups through its platform, which enables fractional investment using $QUBE tokens, making it one of the best coins to invest in. This approach democratizes AI startup investments, making them accessible to a broader audience, including those looking for the best cryptocurrency to buy today for long-term gains.

$QUBE, as a deflationary ERC-20 token, offers a unique investment opportunity for cryptocurrency enthusiasts looking to diversify their portfolios. Its buy and sell taxes, with proceeds allocated to a burn wallet and a reward pool, make it an attractive choice for those who believe in the potential of AI technology startups, positioning it as one of the best crypto investments.

Visit InQubeta Presale

Robinhood Ramps Up SHIB Holdings to 35T

Robinhood, a well-known retail cryptocurrency exchange based in California, has significantly increased its holdings of Shiba Inu ($SHIB) tokens, amassing an impressive 35 trillion $SHIB tokens during a recent buying spree. This strategic move solidifies Robinhood’s position as a major player in the cryptocurrency market.

The acquisition of $SHIB tokens began at the start of the autumn season and saw Robinhood add a substantial 878.5 billion $SHIB tokens to its portfolio. The majority of these tokens were accumulated in the largest hot wallet owned by Robinhood, which now holds slightly over 8 trillion Shiba Inu tokens, equivalent to approximately $5.8 million in value.

This move represents a significant uptick in Robinhood’s Shiba Inu holdings, considering they previously reported holding of 20 trillion $SHIB tokens, valued at just under $200 million, before embarking on their Shiba Inu buying spree.

By expanding its $SHIB holdings to 35 trillion, with an estimated worth of $25.5 million, Robinhood is closing the gap with Binance, a global cryptocurrency exchange giant. Binance currently holds an impressive 42.13 trillion $SHIB tokens, worth approximately $305 million. Binance’s Shiba Inu holdings also extend into a public wallet known as ‘Binance 8’, containing an additional 33 trillion $SHIB tokens, valued at around $245 million.

While Robinhood’s holdings represent 2% of the total circulating supply of Shiba Inu, Binance holds a substantial 7.6%, as per the blockchain explorer EtherScan. It’s worth noting that Crypto.com, an American crypto platform, is another significant custodian in the Shiba Inu market, reportedly holding 20% of its total reserves in $SHIB tokens.

Conclusion

In conclusion, InQubeta’s $QUBE token embodies the future of accessible AI startup investments, while Robinhood’s venture into $SHIB tokens exemplifies the evolving landscape of cryptocurrency. These dynamic developments signal a transformative era where innovation meets opportunity.

Visit InQubeta Presale

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

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.

More articles
Gregory Pudovsky
Gregory Pudovsky

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.

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Analysing Market Dynamics: Bitcoin’s Stability, Ethereum’s Growth, and the Decline of Meme Coins Post-Halving
Opinion Markets Software Technology
Analysing Market Dynamics: Bitcoin’s Stability, Ethereum’s Growth, and the Decline of Meme Coins Post-Halving
May 20, 2024
2024 Presidential Election Becomes Battleground for Crypto Policies as Biden and Trump Take Divergent Stances
Opinion Markets Software Technology
2024 Presidential Election Becomes Battleground for Crypto Policies as Biden and Trump Take Divergent Stances
May 20, 2024
ETH Price Could Outperform BTC If SEC Approves Spot Ethereum ETFs This Week, Says QCP Capital
Markets News Report Technology
ETH Price Could Outperform BTC If SEC Approves Spot Ethereum ETFs This Week, Says QCP Capital
May 20, 2024
Top 5 Liquid Restaking Protocols Built on Top of EigenLayer
Digest Featured Opinion Markets Software Technology
Top 5 Liquid Restaking Protocols Built on Top of EigenLayer
May 20, 2024