Maker (MKR) and InQubeta (QUBE) have experienced significant growth this month, while XRP and Cardano (ADA) have seen declines.
Maker (MKR) and InQubeta (QUBE) – The Rising Stars
In the ever-evolving world of cryptocurrency, two players have quietly made their mark this September. Maker (MKR) and InQubeta (QUBE) have emerged as strong altcoins, demonstrating remarkable growth amid widespread market downturns.
At press time, the price of Maker (MKR) stands at $1,516, marking an impressive 43% increase over the past 30 days. With a circulating supply of 900,000 MKR, the project boasts a market cap of $1,372,366,124.
What sets Maker apart is its role as a smart contract platform on the Ethereum blockchain, designed to tackle crypto market volatility. This platform serves as the foundation for a modern, blockchain-based banking system, streamlining international payments and peer-to-peer transactions. Maker’s ultimate goal is to provide stability to the collateral-backed DAI Stablecoin, ensuring it maintains its value against the US dollar. This unique feat is accomplished through the use of innovative smart contracts known as Collateralized Debt Positions.
InQubeta (QUBE) – Facilitating AI Investments
InQubeta (QUBE) has taken a distinctive path by reimagining how AI startups raise capital and engage with their communities. Acting as a bridge between investors and AI startups, InQubeta introduces fractional investment opportunities via its one-of-a-kind NFT marketplace.
Every investment opportunity on InQubeta is transformed into an NFT and divided into fractions, making it accessible to investors regardless of their budget. This approach not only benefits early supporters but also encourages widespread support for AI startups. InQubeta’s NFT marketplace provides AI startups with a platform to secure funding, offering reward and equity-based NFTs. This creates a mutually beneficial ecosystem for both startups and $QUBE token holders.
Speaking of QUBE, InQubeta’s native token, its presale has achieved remarkable success so far. Currently, InQubeta’s presale is at Stage 4, with over 70% of tokens sold and more than $3 million raised in total.
InQubeta envisions a future where the worlds of AI technology and cryptocurrency intersect.
The platform recognized the limitations of conventional investment methods and harnessed the potential of blockchain and smart contracts to create a transparent, secure, and democratic investment ecosystem. This ecosystem actively fosters the growth and success of AI technology startups.
QUBE tokens serve as an investment but also confer governance capabilities upon their holders. This means token holders have a direct say in decision-making processes, including proposing ideas, participating in community discussions, casting votes on proposals, and contributing to the platform’s development and direction.
XRP and Cardano (ADA) – A Different Picture
On the flip side, established cryptocurrencies XRP and Cardano (ADA) have faced challenging times this September.
XRP’s price currently hovers at $0.503500, reflecting a notable 6.5% decrease over the past 30 days. With a circulating supply of 53 billion XRP, its market cap stands at $26,845,823,986.
Cardano (ADA) faces a similar situation, with its price around $0.247 today, representing an over -10% decline in the past month. With a circulating supply of 35 billion ADA, Cardano’s market cap amounts to $8,685,607,874.
These declines raise questions about the future of these well-known cryptocurrencies.
Maker (MKR) and InQubeta (QUBE) have made significant strides this September, showcasing unique approaches to blockchain and AI investment. While XRP and Cardano (ADA) have faced declines, their stories are far from over. The cryptocurrency market remains a dynamic space, where innovation and resilience can swiftly change the course of events.
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