Home > Information news > PEPE “Rug Pull” Triggers Massive Demand for QUBE—Here’s Why

PEPE “Rug Pull” Triggers Massive Demand for QUBE—Here’s Why

Release: 2023/09/04 23:00 Reading: 414

Original author:CoinPedia News

Original source:https://coinmarketcap.com/community/articles/64f5ec3aa5dd052417d94260

The allure of exponential returns is arguably the strongest appeal of memecoins. However, this also makes them the most common scam in the crypto landscape, with many rug pulls coming from the memecoin ecosystem. The recent “rug pull” development involving Pepe, a new memecoin launched in the first half of 2023, sent shockwaves through the crypto community. This resulted in a shift and the search for secure altcoins, with QUBE witnessing a massive demand. This article will delve into the aftermath of the Pepe scare and uncover the surge in interest and demand for QUBE. Additionally, the article will explore the appeal of QUBE and why it is a top crypto to buy.

InQubeta (QUBE): The Best Crypto to Buy

The fear and uncertainty within the crypto market have made InQubeta a haven for investors seeking secure, profitable, and innovative projects. Sitting at the intersection between AI and blockchain is InQubeta, a project that aims to disrupt the AI industry. This revolutionary move has triggered massive demand for the token, with investors aiming to come to a project poised for adoption early. As a result, it has cemented its position as one of the best coins to invest in.
As a convergence between AI and blockchain, InQubeta intends to become the first crowdfunding platform for AI startups via cryptocurrency. This gives its utility token, QUBE, real-world applications, making it arguably the best cryptocurrency to buy now. Further, as a pioneering crowdfunding platform for AI startups via cryptocurrency, they can raise funds by minting investment opportunities and tokenizing them as NFTs. These NFTs will be fractionalized and listed on its custom-built marketplace, allowing investors to own stakes in promising AI startups through fractional investment.
In addition to its solid fundamentals and exceptional utility, its significant growth potential influences the massive demand for QUBE. Analysts’ forecast of its growth is 40x before the end of 2023. This makes its current price of $0.0112 at presale stage 3 a low entry point, ranking it among the best cryptos to invest in.

Pepe (PEPE): Fear of “rug pull” sends price plummeting.

Pepe (PEPE) is a meme-inspired token launched on Ethereum in April this year. Its created as a tribute to the internet meme Pepe the Frog. The token aimed to ride the popularity wave of popular memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB). While it experienced wild volatility after its launch and registered a significant all-time high, it has since plummeted by over 80% from its peak. Meanwhile, investors might even be at risk of bigger losses in the coming weeks or months.

According to news making the rounds, Pepe faces rug-pulling allegations. Recently, several Pepe developers changed the number of signatures required to move tokens from multi-sig wallets, which enabled them to move about $16 million in tokens. These were sent to crypto exchanges, suggesting an intent to sell. This move has been tagged an impending “rug pull” by a segment of market analysts, thereby raising fear around its viability in the coming months. This has also contributed to its price plummeting, with many seeking to protect their investment. However, some Pepe hopefuls see this as an opportunity to add to their holdings and are purchasing the dip. Nevertheless, the coming months won’t be short of excitement.

Conclusion

Amid the fear of “rug pull” in Pepe, there has been a massive demand for QUBE. This is due to its utility, solid fundamentals, and significant growth potential. In addition, its disruptive nature makes it poised for adoption, making it an excellent crypto.

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