Solana Jumps 13% on Pantera-FTX Deal Rumors; Analyzing the Market Influence of this New AI Crypto
In Brief
As the presale continues to gain traction in the industry, investors can maximize the opportunity by purchasing the QUBE token via the website using established tokens like ETH, BTC, or USDT
Pantera Capital, a major player in the cryptocurrency world with $5.2 billion in assets, is preparing to purchase $250 million worth of Solana (SOL) tokens from FTX. The Solana community has benefited from this update, as it led to a 13% increase in SOL’s value, reaching a peak not seen in two years at $142.51. Meanwhile, a new AI crypto, InQubeta (QUBE), has established its presence as experts analyze its influence in the market.
InQubeta is disrupting the crypto sphere with its comprehensive range of services and impressive roadmap. The QUBE token, designed as a governance token, has gained investors’ attention, making it one of the best altcoins to purchase this year. With its NFT marketplace, InQubeta draws prominent figures seeking gains to its presale platform.
This article explores InQubeta as we analyze the features driving its market influence amidst Solana’s surging 13% on Pantera FTX deal rumors.
InQubeta (QUBE): Making Market Impact With Its NFT Integration
InQubeta, a new DeFi crypto, introduces an innovative crypto crowdfunding platform. The platform has gained influence in the market by allowing fractional investment in AI startups utilizing QUBE tokens. QUBE operates as a deflationary ERC20 token on the Ethereum blockchain, driving innovation in how AI startups secure funding and interact with their community.
Integrating NFTs into its ecosystem, InQubeta has positioned itself as one of the best altcoins for exponential growth this year. With this feature, each AI startup investment opportunity is minted into an NFT and split into fractions, allowing you to invest according to your budget and reap the rewards of being an early supporter. This new DeFi crypto NFT marketplace boosts its market impact. It provides a platform for AI startups to raise capital through reward and equity-based NFTs.
With its governance token structure, the QUBE token gains market influence, piquing the interest of traders seeking the top crypto to buy for profit. This feature enables holders to play a vital role in shaping the platform’s decisions. As governance token holders, individuals can propose, deliberate, and vote on the platform’s growth, functioning, and future trajectory.
Also, QUBE’s deflationary mechanism fuels its traction in the market. This strategy presents a unique investment avenue for investors seeking top crypto to buy for portfolio diversification. Featuring a 2% tax on buying and selling directed towards a burning wallet and a 5% tax channeled to a designated reward pool, QUBE holders can accrue rewards by staking their tokens. This method makes InQubeta appealing to those who are bullish about AI technology startups’ expansion prospects.
Solana (SOL): Reaching Its Two-Year Peak
Solana earned the nickname “Sam Coin” due to its close ties with crypto figure Sam Bankman-Fried. Bankman-Fried and his enterprises heavily invested in Solana-related projects and assets and extensively promoted its brand until FTX’s downfall in November 2022. According to a recent Bloomberg report, Pantera Capital seeks funding for its Pantera Solana Fund. The fund can acquire up to $250 million of SOL tokens from FTX.
Investors can purchase SOL tokens at a discounted price of $59.95, 39% below the average price of the last 30 days. Meanwhile, they must be willing to wait for up to four years before they can sell them, as stated in the report. Pantera’s plan lets FTX liquidators slowly offload SOL tokens, preventing market instability. The estate is said to own 41.1 million SOL coins, estimated to be worth $5.4 billion. This initiative has fueled a 13% increase in the Solana token’s value, reaching a two-year peak of $142.51.
Conclusion
While Solana witnesses a 13% surge resulting from Pantera FTX deal rumors, InQubeta’s innovative features continue to drive its market influence. With the NFT marketplace and the facilitation of fractional investment in AI startups, InQubeta gains the spotlight as one of the best crypto platforms. As the presale continues to gain traction in the industry, investors can maximize the opportunity by purchasing the QUBE token via the website using established tokens like ETH, BTC, or USDT.
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.
More articlesGregory, 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.