Solana Devs Hold $500,000 in BONK; Ethereum Whales’ Interest in InQubeta Intensifies

If patience is rewarding, a section of Bonk (BONK) holders are being duly compensated. LamportDAO developers who received BONK tokens worth $300 last year are now rejoicing as the market price of their holdings has reached $500,000. 

Meanwhile, another token that has drawn whales is InQubeta, which is a fundraising platform for startups. The Ethereum-based platform has registered high presale growth. Its cryptocurrency ICO has earned more than $7.2 million so far.

InQubeta: Making blockchain solutions more business-friendly

InQubeta has been created to make the task of fundraising easier for startups. Its user-friendly framework facilitates seamless interactions between young enterprises and investors where all transactions are transparent.

The platform has released a native cryptocurrency called the QUBE token, which powers all transactions within the InQubeta ecosystem. 

The InQubeta team has generated 1.5 billion QUBE tokens in total. Most of the supply will be directed towards public sale, while the rest will be used for meeting operational expenses.

InQubeta has received a lot of praise for its highly decentralised model and unique use cases that allow even ordinary investors to participate in the AI startup sector. 

The investors and startups can connect through InQubeta’s NFT marketplace. The NFTs sold on the portal are tokenized versions of startup offers. Through these offers, startups convey why an investor should back their AI project and what rewards they can expect. 

These tokenized assets can be split into smaller NFTs for the benefit of budget-conscious investors. If an investor likes a startup’s project, they can purchase the respective NFT with QUBE tokens. 

After the funds are transferred to the startups, they can connect with a growing community of QUBE token holders who are equally invested in their success.

The QUBE token offers its holders multiple earning opportunities. Users can stake their tokens and earn a passive income in the long term. Under the program, a token holder locks the asset and earns crypto rewards for as long as it’s staked. 

The staked tokens boost the platform’s growth by supplying liquidity. The stakers are paid from a separate pool that’s maintained by tax proceeds. The longer a token is staked, the higher the rewards will be.

The QUBE token has bagged a spot among the best altcoins for 2023 with its cutting-edge features. These features include a deflationary model where the supply is restricted to prevent price fluctuation under inflationary conditions. The model advocates a scarce supply so that market volatility cannot influence the token price. 

Ethereum-powered Metis creates a $100-million fund to boost growth

Ethereum is one of the veteran names of the crypto market that has become a high-growth ecosystem fueled by many dApps. With a versatile code architecture, it powers blockchains, new altcoins, NFTs, and dApps. Its native token is ETH and can be purchased on all leading exchanges.

In a recent development, Metis DAO, the organization behind Ethereum-based Layer 2 network Metis, announced it would be creating a $100-million fund to boost its ecosystem growth. 

Known as the Metis Ecosystem Development Fund, the corpus would comprise 4.6 million METIS tokens. The fund will be used for deploying new projects, retroactive funding, and sequencer mining, among other uses. 

Solana Saga phone sells for $50,000 amid free airdrop mania

Solana is a popular blockchain platform where developers can find a wide array of tools to build dApps. These tools can add scalability and flexibility to decentralized solutions while boosting their security. Its native token is SOL.

BONK hit the headlines recently after a Solana Saga phone fetched more than eight times its retail cost on eBay. The phone was sold for $5,000 on the e-commerce website amid a frenzy among buyers to collect the free meme coin airdrops. This happened after they were sold out on Solana Saga’s official website. 

Every Solana Saga phone comes with an airdrop of absolutely free 30 million BONK tokens. 

Conclusion

Ethereum, BONK, and InQubeta are in the race to become the top cryptos to invest in in 2024. They have impressed everyone by clocking remarkable growth throughout the year, and analysts suggest that they are likely to maintain the status quo.

It’s impossible to ignore how these tokens have transformed crypto portfolios through diversification. Analysts are also rooting for them because of their growth potential and capacity to drive long-term impact.

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