Dogwifhat is one of the new meme tokens that has shown bullish price movements in the past month. The meme coin’s market cap is just 4x away from surpassing that of Shiba Inu. Also, InQubeta is in the spotlight with its bullish crypto ICO performance. However, the once-bullish Solana seems to be cooling off on the sidelines.
InQubeta (QUBE) Tops the ICO List, Set for 75x Gains
InQubeta (QUBE) has been dubbed the best ICO in the market. The project has surpassed other ICOs, producing a standard for new ICOs to emulate. So far, investors have bought over 949 million $QUBE tokens. Also, InQubeta has realized over $13 million in funding, a signal of high confidence from investors.
Moving forward, InQubeta looks to increase these figures to 970 million tokens sold and $15 million raised. While this might seem like a Herculean task, InQubeta’s utility makes this an easy-to-do task. Merging AI and crypto together, InQubeta seeks to create a crowdfunding platform where people can invest in AI startup firms.
At the center of this investment will be the QUBE token, which will be used to purchase investment shares in AI startups presented as fractionalized NFTs. This utility makes QUBE the best cryptocurrency to buy today. Its allure is due to its deflationary tokenomics and governance roles.
With a fixed supply of 1.5 billion tokens and a token burn mechanism in place, QUBE has a scarcity utility that could increase its value. Currently in its ninth presale stage, QUBE is attractively priced at $0.028 and will soon jump to its listing price of $0.0308. Experts have predicted a 75x gain for QUBE after its listing in the coming weeks.
Dogwifhat (WIF) Becomes The Third Largest Meme Coin
Dogwifhat’s (WIF) rise to the top in the past month has been nothing short of magnificent. The memecoin wowed the crypto community as it clenched the top 3 spots in the meme coin market. While Dogecoin and Shiba Inu are the largest memecoins, their reign could come to an end soon.
Analysts are already throwing their weight behind Dogwifhat to overtake Shiba Inu in the coming months. For this to happen, Dogwifhat‘s market cap of $4 billion must be 4x to surpass Shiba Inu’s market cap of $16 billion. In terms of weekly price performance, Dogwifhat has outperformed Shiba Inu. While Shiba Inu is down 13%, Dogwifhat is up 20%.
Solana (SOL) Price Gives Gloomy Performance
While Dogwifhat is shaking the crypto ladder, Solana’s (SOL) price movement has been somewhat slow lately. It is worth pointing out that Solana bounced back with a huge price recovery last year. Solana has recently gone up over 500% from under $10 to $209 in late 2022.
Yet, the investors have not kicked Solana into touch. The amount of new projects and airdrops on the platform has been their core paradigm. Further, they are responsible for its recent price increase. As a result, the altcoin is expected to rise to over $260 in the coming months.
Conclusion
Recent events place Dogwifhat and InQubeta above other altcoins in the market. Both altcoins have the potential to lead the next market rally, surpassing the likes of Solana on the price chart.
The post Solana Faces Bearish Pressure Below $200, InQubeta and Dogwifhat Shake the Crypto Market appeared first on BitcoinWorld.
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