Base, the layer 2 (L2) network by Coinbase, witnessed its total value locked (TVL) soar massively, marking a substantial 150+% month-on-month increase. The surge in TVL can be attributed to multiple factors, including the recent rally of some altcoins within Base’s ecosystem and the growing popularity of its Aerodrome automated market maker (AMM), as stablecoin USD Coin (USDC) contributes a significant $1.4 billion to the network. This inflow into Coinbase has ignited excitement and discussions, and amid the development, another intriguing facet of the crypto market is the fast-rise of InQubeta (QUBE).
InQubeta is a decentralized finance (DeFi) venture that exemplifies how blockchain and artificial intelligence (AI) technology can intersect. This InQubeta initiative has contributed to the rush to the last stage of its top ICO, which has the potential for significant post-launch gains. This article details the factors that envisage a bullish trajectory for InQubeta, and the massive USDC inflow surge into Coinbase Base.
InQubeta (QUBE): Empowering Investors Via Blockchain and AI Synergy
InQubeta is a hot innovative project on the DeFi crypto list, as it is the first cryptocurrency crowdfunding platform. The platform supports AI startups by incorporating a fractional investment model that allows stakes in the startups to be minted into non-fungible tokens (NFTs). QUBE holders with different budgets purchase NFTs from several projects and get rewards and equity for the startup’s success in return.
There has been a galvanized outlook for altcoins with unique offerings like InQubeta, which will soon sell out its last presale stage. InQubeta’s initial coin offering is divided into ten rounds—the beta stage and stages 1 to 9—with each round seeing a tangible price increase. The launch of this project will be at the proposed price of at least $0.0308, a 340% increase from its initial per-token cost of $0.007.
This top ICO has sold over 947 million QUBE tokens and raised over $13 million. The high demand for InQubeta emphasizes investors’ confidence in its vision for AI innovation empowerment. With the ongoing positive sentiment in the crypto market plus the hype around the upcoming Bitcoin halving this month, the remaining 60 million presale tokens will likely be quickly grabbed.
Blockchain technology supports the InQubeta project, which ensures secure and transparent investments. InQubeta has conducted comprehensive audits and Know Your Customer (KYC) verifications by top cybersecurity companies. These commitments to its users’ assets propel InQubeta atop the DeFi crypto list.
USD Coin (USDC): Records Largest Inflow Into Coinbase
Coinbase Base has experienced remarkable growth in the number of active wallets and trading volume, indicating increasing user engagement. As analyst Maartunn pointed out in a post on X, large amounts of USD Coin have flowed into Coinbase. The on-chain indicator of interest here is the exchange inflow, which keeps track of the total amount of a given asset entering into the wallets associated with a centralized exchange or group of platforms.
In total, $1.4 billion worth of the USD Coin has entered the platform’s wallets with this inflow, the largest the Coinbase exchange has ever observed. While USDC exchange inflows would also imply that the holders want to sell the asset, the transaction wouldn’t affect the price since, by nature, the coin always remains stable at around $1. If investors will swap the USDC stablecoins in favor of other coins like BTC or QUBE, then the prices of these latter assets would observe a buying effect.
Conclusion
Base’s recent milestone solidifies its DeFi position, surpassing other L2 networks on Coinbase. Introducing AI on blockchain networks has opened new avenues for innovation, and InQubeta is at the forefront of this movement. Traders ready to multiply their gains before the end of 2024 can visit the InQubeta website below to join the presale and acquire QUBE tokens before the price increases from the current $0.028 to $0.0308 on its launch.
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