AI crypto InQubeta smashes $12.5M as Shiba Inu (SHIB) price analysis shows bullish momentum

AI crypto InQubeta smashes $12.5M as Shiba Inu (SHIB) price analysis shows bullish momentum

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Written on Mar 29, 2024
Reading time 4 minutes
  • InQubeta AI crypto project raises $12.5M in ongoing presale, with nealy 1 billion QUBE tokens sold.
  • QUBE token benefits include staking rewards and NFT marketplace access.
  • Meme coin Shiba Inu (SHIB) gained 20% this week, analyst predicts a bullish reversal.

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Shiba Inu (SHIB), a popular meme coin, experienced a cooldown last week amidst a broader crypto market rally but has regained momentum this week, surging by over 20%.

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On the other hand, InQubeta has achieved a milestone by raising $12.5 million in its ongoing presale this week, positioning itself as one of the most successful crypto presales in terms of funds raised. 

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With 930 million QUBE tokens already sold, the project is now eyeing another significant milestone – reaching 1 billion QUBE tokens sold during the presale phase. 

InQubeta: pioneering AI crypto crowdfunding

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Currently in stage 9 of its presale, QUBE’s price stands at $0.028, with the next stage 10 price set at $0.0308. QUBE is attracting investors due to its utility, AI integration, and growth potential. InQubeta is a project that merges blockchain technology with AI, aiming to become the first crowdfunding platform for AI startups built on the blockchain.

This platform allows users to invest in AI startup projects using QUBE tokens, offering benefits like long-term growth potential, access to an investment ecosystem, staking rewards, and the ability to earn rewards through the NFT marketplace.

InQubeta’s project revolves around creating a crypto crowdfunding NFT platform where AI startups can raise funds and engage with their community by offering reward and equity-based NFTs, providing a platform for investors to support AI technology innovation and the next generation of AI startups. 

The crowdfunding platform operates by allowing users to invest in AI startup projects through fractional investments using QUBE tokens, which are built on the Ethereum blockchain and operate on a deflationary model.

Each investment opportunity is minted into non-fungible tokens (NFTs) and then fractionalized, enabling investors to participate according to their budget while enjoying the benefits of early backing.

The tokemonics of QUBE tokens are as follows: 65% for the presale, 5% for marketing, 5% for legal and advisors, 15% for the development team, and 10% for the liquidity pool and reward pool. The deflationary nature of QUBE tokens, with a 2% transaction tax and 5% sell tax, contributes to a burning wallet and a reward pool, offering staking rewards to token holders.

Regarding marketing efforts, QUBE has been advertising on most major crypto media websites for months, and it remains to be seen whether the team behind the project is ready to continue this once QUBE launches on exchanges following stage 10.

Shiba Inu (SHIB) meme coin price analysis and prediction

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Shiba Inu (SHIB) gained 20% this week and is currently trading above the $0.00003 mark. While this is a positive development, some concerns may arise for SHIB holders as other top meme coins like Dogecoin (DOGE) and Wifedoge (WIFE) outperformed SHIB this week with over 40% gains.

According to Coinpedia’s analysis on TradingView, SHIB is preparing for a bullish reversal, targeting a breakout above $0.000040. The analysis suggests a rounding bottom reversal pattern, indicating a potential for a significant price increase.

The Fibonacci level breakout aims for an uptrend beyond $0.00004116 towards $0.00005833, driven by the revival of interest in meme coins, including SHIB, amid Bitcoin’s market pump.

The analysis also notes a cautious yet steady bullish movement and increasing chances for a bull run based on small timeframe analysis. With support at $0.000024 acting as a launchpad for the current rally, the daily chart momentum shows four consecutive bullish candles, highlighting the ongoing positive momentum.

Currently trading at $0.00003096, SHIB shows noticeable intraday growth and technical indicators like MACD and RSI in the 4H timeframe support the bullish outlook.

From here, SHIB could potentially continue its upward trajectory, aiming for the Fibonacci level target of $0.00005833, as suggested by Coinpedia’s analysis. However, it is essential to watch for potential supply challenges at the $0.00003802 resistance zone, which could hinder the bullish trend.

Conclusion

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InQubeta’s successful presale, raising $12.5 million and nearing the sale of 1 billion QUBE tokens, showcases the project’s potential and investor confidence in its AI-powered crypto crowdfunding platform.

With its ecosystem, staking rewards, and growth opportunities, QUBE tokens might potentially offer an investment prospect for those interested in the intersection of AI and blockchain technology.

As for Shiba Inu (SHIB), the meme coin’s recent 20% surge and the bullish analysis from Coinpedia suggest a potential for further upside. While SHIB has lagged behind some of its meme coin counterparts this week, the analysis indicates a rounding bottom reversal pattern and the possibility of breaking out above $0.000040, targeting higher levels towards $0.00005833. For all things QUBE you can visit InQubeta Presale website.

This article is a collaboration between our Editors and our Partners, and it may contain sponsored advertising content and links. The content is not intended as financial advice and is for informational purposes only.

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