The Crypto Market: Ethereum, Stellar, and InQubeta
The crypto market is dynamic, and two coins that have been gaining attention are Ethereum (ETH) and Stellar (XLM). However, there is also a newcomer called InQubeta that is attracting institutional investors. Here are the key points to know:
1. InQubeta aims to merge AI startups with crypto by utilizing its protocol on Ethereum. This democratizes investment and allows more ordinary investors to participate through fractional investment in AI startups.
2. InQubeta has a unique tokenomics approach. It applies a 2% tax on all trading transactions and directs the funds to a burning wallet. Additionally, a 5% tax on sell transactions contributes to a dedicated reward pool, which attracts investors.
3. The strategic investment approach of InQubeta in the AI startup space has caught the attention of institutional investors. The project’s presale has already raised over $1.7 million, indicating strong interest.
4. Ethereum is a leading blockchain platform known for introducing smart contracts. Its native token, ETH, has gained value due to market sentiment around layer-1s. It is seen as a potential alternative or addition to Bitcoin for institutional investors diversifying their portfolios.
5. Stellar’s goal is to provide financial inclusion by expediting transactions and reducing costs. Its native cryptocurrency, XLM, has increased in value with more banks using the network for international payments. The project’s focus on financial inclusion attracts investors.
Hot Take
As the crypto market evolves, projects like InQubeta that bridge AI and blockchain have the potential to attract institutional investors. Ethereum’s smart contract capabilities and Stellar’s focus on financial inclusion also make them promising options. However, investors must conduct their own research before taking any actions related to these projects.