The post While XRP, LTC, and SHIB Experience Dips, New Altcoin Emerges as One to Watch appeared first on Coinpedia Fintech News
The cryptocurrency market is widely known for its volatility and fast-paced nature, with sudden shifts in prices and trends commonplace. In recent times, Ripple (XRP), Litecoin (LTC), and Shiba Inu (SHIB) have experienced significant dips, which has stirred concerns among investors. However, amidst these fluctuations, a new token, InQubeta, has emerged as one of the altcoins to watch.
InQubeta (QUBE): An altcoin to watch
Amidst the dip experienced by established tokens like XRP, Litecoin, and Shiba Inu, InQubeta has emerged as a new altcoin, capturing the interest of investors. This has resulted in overwhelming participation in its presale, with more than $2.4 million raised thus far, making it one of the top DeFi coins.
InQubeta’s unique innovation, which stands at the intersection between blockchain and AI, has created a buzz within the crypto community. Its value proposition revolves around becoming the first crowdfunding platform allowing AI startups to raise funds through cryptocurrency. In addition, InQubeta investors and enthusiasts will be able to participate in the growing and profitable AI market without a limit on how much they can invest through fractionalized NFTs.
Besides its trailblazing concept, another appeal of the project is its significant growth potential. The presale is in its third stage at a token price of $0.0112. Meanwhile, experts forecast it will rise by 40x before the end of the year. This makes the token a top crypto to invest in.
XRP (XRP) dips amid ongoing legal battle
XRP used to be one of the top gainers this year. It surged even stronger after its partial victory against the US Securities and Exchange Commission (SEC), pushing it to new highs. However, the potential appeal of XRP’s victory and concerns over the larger crypto market have contributed to the token’s plummet.
The appeal of the ruling by the SEC shows that the legal battle regarding XRP’s regulatory stance isn’t over yet, which has resulted in uncertainty around the token. Nevertheless, since it secured a victory the first time, it can again. Hence, it will only be a matter of time before it witnesses a rally, making it a good crypto to buy.
Litecoin (LTC): A leading cryptocurrency
Litecoin was designed to provide fast, secure, and low-cost payments. It was released in 2011 and is based on the Bitcoin protocol, thereby sharing many of the same properties although being lighter in weight. After its launch, Litecoin experienced immense usage and acceptance, and it currently ranks 15th by market capitalization.
As one of the earliest cryptocurrencies, Litecoin is no stranger to price fluctuations, which it has ridden over the years. The dip in its price recently can attribute to sentiment in the broader market. However, with Litecoin having proven itself in the past, it is about to bounce back, making it a crypto to buy and its current price a discount for investors.
Shiba Inu (SHIB): The second-largest memetoken
Shiba Inu (SHIB) is a meme-inspired token launched to ride the popularity wave of Dogecoin. Since its launch, Shiba Inu has witnessed incredible adoption, becoming the second-leading meme token in the meme ecosystem.
However, recent times have seen Shiba Inu experience a dip in its price. The decrease in hype around memecoins has contributed to this decline. Additionally, the launch of Shibarium has yet to meet expectations, with the token trading in downtrends.
Amidst the dip in XRP, Litecoin, and Shiba Inu prices, InQubeta has emerged as a top crypto to watch. This is due to its innovative concept, which is at the intersection between AI and blockchain technology, and its explosive growth potential. As a result, InQubeta represents arguably the best coin to invest in for a significant ROI.
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