A quick 3min read about today's crypto news!
Near Protocol (NEAR) Jumps 20% in a Week; Investment Wave Hits Arbitrum (ARB) & InQubeta (QUBE)
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
Rapid price movements and shifting investor sentiment are common within the cryptocurrency market. In the past week, Near Protocol (NEAR) was one of the biggest winners with its 20% surge, catching the attention of both long-time and beginner cryptocurrency investors. As Arbitrum (ARB) makes waves, InQubeta (QUBE) continues to achieve presale success. We’ll take a closer look at these three digital assets and find out what’s driving these movements.
Near Protocol’s Meteoric Rise
Near Protocol is the premier Layer 1 blockchain network. It operates independently and handles transaction fees with its native coin, NEAR. The 20% jump in NEAR’s price brought Near Protocol to the forefront, surpassing popular Layer 1 tokens with a market capitalization of $1.4 million. Near Protocol stands out for its sharded developer proof-of-stake blockchain. It’s currently one of the best cryptos to invest in today as its world-class team is credited for building some of the largest scale sharded databases.
InQubeta (QUBE): Current Frontrunner
InQubeta (QUBE) continues to make waves in crypto space, establishing itself as the best crypto investment today. It’s the world’s first crowdfunding platform and bridges the gap between promising artificial intelligence (AI) startups and potential investors. InQubeta aims to bring investors into the future, specifically with AI technology. If its massive presale success is the basis, then the revolutionary platform is on its way to achieving its goal. By 2030, AI investments are projected to reach more than $1.6 billion, spelling success for InQubeta and its users who invest in AI startups.
InQubeta is the best DeFi crypto project today because it simplifies the investment process with its deflationary native token, QUBE. With InQubeta’s unique and popular NFT marketplace, investors can access investment opportunities from promising AI startups that need funding.
QUBE token holders stand to earn rewards by staking their tokens. For every transaction, a 2% buy and sell tax goes straight to the burn wallet, while another 5% is directed to its reward pool. The security and transparency of blockchain technology results in a more democratic and accessible ecosystem. This easy and efficient investment process will benefit both AI startups and investors.
As more AI startup companies and investors join the InQubeta platform, the demand for the QUBE token is expected to increase, thereby driving its value over time. QUBE is the best coin to invest in because it is also a governance token – holders can participate in the decision-making process and development of the platform.
As InQubeta continues to attract more investors, its social media accounts keep growing too, as evidenced by its active community on X (formerly Twitter), where regular updates about the project are posted.
Arbitrum (ARB): Scaling Ethereum’s Future
Arbitrum (ARB) is the highest ranked Layer 2 scaling solution for Ethereum, which offers faster and cheaper transactions. Arbitrum offers a more established ecosystem of dApps and smart contracts with its Virtual Machine. The price of its native token, ARB, increased by as much as 50% starting mid-October. It may have been showing some signs of exhaustion, but an extension of its upward trend is still likely. ARB has had an outstanding rally over the last three weeks; however, most token holders are currently underwater. According to reports, almost 60% of ARB holders are facing losses.
Its standing as one of the top crypto coins could be in jeopardy as about 2.3 billion ARB tokens held by almost 170K addresses are sitting underwater. These tokens were bought at $1.40 each, while ARB’s price as of November 8 is $1.07.
Conclusion
The crypto landscape is more dynamic than ever, with digital assets like Near Protocol (NEAR), Arbitrum (ARB), and InQubeta (QUBE) experiencing massive success. The recent movements in the market show the growing confidence of investors in cryptocurrency. However, investors should still study and understand the basics of cryptocurrency for them to make smart choices.
A quick 3min read about today's crypto news!
