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The post Ripple (XRP) CTO’s $100M Loss; AI Crypto Poised for Tremendous Growth appeared first on Coinpedia Fintech News
David Schwartz, the Chief Technology Officer (CTO) of Ripple (XRP), recently revealed that he lost more than $100 million due to selling his Ethereum holdings. The Ripple community closely watches this setback since it could impact the project’s standing with prospective investors. Conversely, InQubeta (QUBE) is emerging as a leading AI (artificial intelligence) coin and has demonstrated significant growth potential.
The community’s faith in InQubeta’s novel and inventive approach to AI investment is demonstrated by the project’s recent leap past the $6. million mark in its presale. The platform is the best crypto investment due to its ground-breaking concept of combining AI with cryptocurrency investment, drawing investors eager to diversify their portfolios. Let’s explore the effects of InQubeta’s explosive growth and the Ripple’s CTO’s loss.
InQubeta (QUBE) Pioneers the Future of Cryptocurrency with AI Innovation
For all the right reasons, the QUBE token is taking center stage. InQubeta is making waves with its crypto ICO offering. It has sold over 631 million tokens and raised an astounding $6.8 million in funding thus far in the sixth presale stage. Excitement is high since about 15% of the QUBE tokens allotted for this stage remain. Investors can purchase QUBE at $0.01925 now before it rises to $0.0224 in the next stage. This is an opportunity for savvy investors looking for the best crypto investment to ride the wave of appreciation and earn some enticing returns. InQubeta is positioned for massive growth as investors pour money into the presale.
The idea of this innovative crypto ICO is to help AI tech startups expand. This strategy offers fractional investments in these enterprises through creative crowdfunding methods supported by popular NFTs (non-fungible tokens). Each opportunity is fractionalized and minted into an NFT, allowing investors to benefit and maintain utility without worrying about money.
The InQubeta platform completed audits and Know Your Customer (KYC) verification, validated by reputable security firms. These procedures examine the infrastructure and smart contracts of the platform, locating and resolving any possible vulnerabilities. This commitment is essential to assure people that their money and information are secure.
Investors are increasingly interested in InQubeta due to its exciting roadmap. One noteworthy aspect is the InQubeta launchpad, an NFT marketplace where AI startups can showcase their ideas and obtain funding. Long-term investors are particularly encouraged by this roadmap.
The QUBE token is also deflationary, making it more attractive to investors. A 2% tax is sent to a burn wallet when you purchase or sell QUBE tokens, and an additional 5% tax is reserved for a dedicated reward pool. You can stake your tokens and get benefits as a QUBE holder. This feature establishes QUBE as one of the top DeFi projects for those who support AI technology startups and see the growth potential.
Ripple’s (XRP) CTO Admits Losing Out on Over $100 Million After Selling 40K Ethereum.
Chief Technology Officer of Ripple, David Schwartz, recently disclosed that he lost over $100 million due to an early sale of his Ethereum holdings. Schwartz tweeted that he “sold 40,000 ETH at about $1 to put solar panels on a house I no longer own,” according to the post that was reposted on X. The CTO reported that the 40K ETH gained more than $100 million quickly. The CTO’s post emphasizes the inconsistent growth rate of cryptocurrency assets over time. The revelation of such a significant loss by a key figure within XRP may impact the project’s perception. This could affect the project’s confidence level, as investors and the crypto community may scrutinize XRP.
Conclusion
The crypto community is monitoring what comes next from Ripple’s CTO’s recent loss. Given its immense development potential, investors’ interest in cryptocurrencies driven by cutting-edge artificial intelligence (AI) is growing, as evidenced by the InQubeta presale. It is one of the top DeFi projects due to its investment opportunities. Investors looking for altcoins with a high return on investment in 2024 can purchase QUBE tokens during the presale. They can use cryptocurrencies like ETH, BTC, or USDT to buy the token.
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