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Dogecoin stalls; more whales exploring AI-focused crypto projects

Release: 2024/02/08 19:30 Reading: 847

Original author:crypto.news

Original source:https://coinmarketcap.com/community/articles/65c4b539ffbad93b4c7657c1

Dogecoin stalls; more whales exploring AI-focused crypto projects

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

Dogecoin (DOGE) is falling, compounded by warnings about a possible heightened price volatility. Meanwhile, some investors are exploring AI-focused crypto projects like InQubeta (QUBE).

Dogecoin’s volatile journey

The recent challenges Dogecoin faced demonstrate the unpredictable nature of meme coins. 

According to Martinez’s analysis, the Bollinger Bands is at its tightest squeeze since October 2023, signaling possible volatility. 

You might also like: Dogecoin whales enter $27 million buying spree, will DOGE price reach $0.1?  

This suggests that there could be another dramatic shift in Dogecoin, further highlighting the speculative nature of meme coins.

InQubeta: gaining ground in AI crypto space

InQubeta is gaining popularity among investors due to its innovative approach in the AI crypto space. 

The platform enables fractional investments in AI companies through NFTs, making it possible for everyday investors to participate in the growth of AI. 

You might also like: XRP may recover as traders bank on Injective and InQubeta

QUBE, an ERC-20 token, facilitates investment in vetted and approved AI startups. 

Its unique tokenomics includes a burn mechanism and a rewards pool.

Conclusion

Investors are exploring InQubeta, an AI crypto project, amidst the uncertainty facing meme coins like Dogecoin. 

InQubeta’s democratized AI investment approach endears it among whales and investors. QUBE can be considered for portfolio diversification. 

Read more: XRP falls as Ripple clashes with SEC, InQubeta presale draws investors

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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