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The post XRP Bearish Woes Persist. When will it Bounce back? InQubeta (QUBE) Becomes the Most Sought-After ICO appeared first on Coinpedia Fintech News
TLDR
- Ripple’s downward trend continues.
- Its victory against the SEC in the ongoing lawsuit will usher in a strong bullish wave.
- InQubeta, a new ICO, is primed for a 7,000% rally after its launch, putting it in high demand.
The crypto landscape is still buzzing following the SEC decision on Bitcoin ETFs earlier this month. Yet, concern regarding Ripple’s (XRP) bearish woes persists. It has been the most underwhelming of the top crypto coins, with many wondering if it will bounce back soon.
Meanwhile, InQubeta (QUBE) has become the rave of the moment and one of the most sought-after ICOs. Positioned at the intersection of AI and blockchain, it has been hailed as the best new crypto to invest in.
InQubeta (QUBE): Soaring Demand
The world of ICOs is the most promising, hence the constant quest for the next big thing among investors. At the moment, InQubeta (QUBE), one of the new ICOs, ticks most, if not all, of the boxes, making it a favourite. Its innovative concept as a mix of AI and blockchain and its bullish narrative make it one of the most sought-after tokens. This explains the massive participation in its ongoing presale, with more than $8.4 million raised in early funding.
It is highly sought-after for all the right reasons. For starters, it aims to solve key issues within the fast-rising AI sector, which will transform the industry. Its custom-built NFT marketplace will allow investors to raise capital by minting investment opportunities as equity-based NFTs, which will be offered to investors via the marketplace. In essence, its crowdfunding platform will ensure tech startups can raise funds through cryptocurrency—a ground-breaking move.
Currently, in the seventh stage of the presale, a token costs only $0.0224. Analysts hail it as one of the best cryptos to buy now; hence, they tipped it for a 7,000% price rise after launch. With the ICO ongoing, you can become an early holder by following the link below.
Ripple (XRP): The Bulls and Bear Tussle Continues
Ripple (XRP) is undoubtedly one of the top altcoins on the market. It is backed by tangible utility—cross-border payments—meaning there is actual demand for the XRP token. Also, its low price provides a good entry point, with many investors betting on it.
However, following its significant rally in the middle of 2023, it has been disappointing ever since. During the rise in the overall market, XRP was underwhelming. The Bitcoin ETF impact on crypto prices barely affected it, as it remains mired in bearish zones.
Some token holders have become frustrated, wondering if the bulls have the power to force a rally. Many wonder when Ripple will bounce back, if at all. One of the factors that has contributed to XRP’s bearish woes is its ongoing legal battle with the US SEC and the uncertainty around its security status.
Although it scored a partial victory against the regulatory body last year, a complete victory will restore investor confidence. This will in turn push up its price, making this court case one of the most anticipated.
With XRP’s future hanging in the balance and hinging on the direction of its ongoing lawsuit, investors are nonetheless optimistic. Therefore, its current price is an impeccable entry point, considering its significant dip. Hence, it has been hailed as one of the best coins to invest in. You can ride this anticipated bullish wave by grabbing a bag of XRP and HODL.
Conclusion
The ongoing bearish pressure on Ripple is expected to come to an end after its complete victory against the US SEC this year. Meanwhile, InQubeta has emerged as the hottest ICO token. Primed for a 7,000% rally after launch, you can become an early holder by clicking the link below.
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