May 17, 2024
Crypto

Crypto eyes $2.5t market cap, new AI coin targets $11m in presale


Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

The total crypto market capitalization is above $2 trillion. With Bitcoin (BTC) halving near, analysts predict say the coin can reach $300,000. Meanwhile, an emerging AI altcoin, InQubeta (QUBE), is targeting $11 million in funding. InQubeta bridges the gap between AI startups and investors.

InQubeta presale results

The InQubeta presale has raised nearly $11 million.

With over $10.5 million raised, the project plans to transform the crypto AI market.

The QUBE presale is divided into 10 stages. So far, over 836 million QUBE have been sold.

Hacken and Block Audit have also audited the platform.

InQubeta has multiple features. For instance, QUBE is vested for 12 weeks to slow down the number of new tokens hitting the market.

In stage 8 of the presale, QUBE is available for $0.0245.  However, it is projected to list at $0.0308.

QUBE is also deflationary since a 2% tax is place on buying and selling, and directed to a burning wallet. Moreover, a 5% tax on selling is allocated to a pool, rewarding stakers.

Bitcoin likely to surge

The Bitcoin market cap now exceeds $1 trillion, driven mostly by the spike in spot Bitcoin ETF interest.

Michael Van de Poppe is optimistic about BTC’s prospects. He predicts that it could undergo a rapid correction to around $48,000 to 49,000 before moving upwards to $63,000 for a final push, followed by a broader correction.

Meanwhile, another analyst says Bitcoin will outperform previous cycle in this bull run. He says the push will see BTC float to $300,000 driven by institutional and retail FOMO.

Conclusion

With the global crypto market capitalization eyeing the $2.5 trillion mark, analysts are bullish on Bitcoin and InQubeta.

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