Canine-themed cryptocurrency Shiba Inu (SHIB) seems to be on an incredible bullish run as it consistently adds new milestones to its kitty. It was recently listed on the international crypto exchange Nexo.
With this latest move, Nexo users could use their debit or credit cards to add the meme coin to their portfolios. The news also indicates how the international crypto community sees Shina Inu as one of 2024’s top crypto coins.
The other altcoin that has grabbed headlines recently is InQubeta (QUBE). Designed as a crypto-first crowdfunding platform for AI projects, the platform has been making rapid strides with its ICO gains.
With both users and analysts enamored by its model, InQubeta is being seen as a potential rival to leading crypto projects like Uniswap (UNI) and Immutable (IMX). Its ICO has raised over $13.4 million so far and is among the recommended presales of the year.
InQubeta: Helping AI startups grow their network
InQubeta encourages AI startups to accelerate their growth through a steady supply of funds and business support. The services offered by the platform not only stimulate AI innovation but also enable startups to dream big.
By enabling regular crypto users to turn into startup investors, InQubeta has democratized the DeFi space and proved that it’s never too late to start exploring the crypto sector. For all on-chain transactions, it has released its official cryptocurrency, the QUBE token.
The ERC-20 token is among the best altcoins to buy now with a supply of 1.5 billion. Although 65% of the supply is meant to be sold to the public, the availability of the token is determined by market conditions.
As the QUBE token has a deflationary character, its supply is often adjusted to make it scarce when inflation is high. The scarcity of the token drives up its value and pushes its demand. The mechanism gives the QUBE token leverage to outpace top coins even when the market conditions are not ideal.
Shiba Inu becomes the most traded token on WazirX
Shiba Inu is a DeFi platform that offers a variety of Web 3.0 services including a decentralized exchange and an Ethereum layer 2 solution called Shibarim. Its native token, known as SHIB, is used for all transactional purposes.
The meme coin is among the highest-grossing tokens on multiple exchanges.
Recently, Nexo announced that it would be listing the SHIB token on its network. At the same time, SHIB rose to become the most traded token on WazirX in March. WazirX is a popular India-based crypto exchange.
A leading name in the Web 3.0 space, Immutable is a good crypto to buy for crypto users interested in decentralized gaming platforms.
Its native token, known as IMX, is used for all rewards and payments on the platform. Its scaling solutions like Immutable zkEVM and Immutable X can be used to expand the network according to the needs of users.
In a recent development, the open-source shooting game MetalCore released its maiden playable title on Immutable zkEVM.
Uniswap’s trading volume crosses $2 trillion
Uniswap has been driving impact as a beginner-friendly platform for buying, selling, and swapping cryptocurrencies.
The native token UNI is used for all payments on the platform. It offers developers an open-sourced code and a Javascript SDK to create innovative dApps.
The exchange recently hit the headlines after its trading volume rose to $2 trillion (roughly Australia’s GDP) on April 5, 2024.
Conclusion
InQubeta, Immutable, Uniswap and Shiba Inu are among the best crypto investments that you will find in the market today. These tokens have struck a perfect balance between utility-driven features and technology.
These platforms’ intuitive interfaces encourage crypto users to explore their features and create consistent streams of passive income.
Analysts also suggest that the tokens’ popularity has benefited a lot from their recent achievements. Shiba Inu generated wider interest after another international exchange listed the SHIB token on its platform.
In Immutable’s case, its partnership with MetalCore has highlighted the platform’s adaptability and potential for innovation.
Uniswap has also been surging ahead after its trading volume breached the $ 2 trillion mark.
In InQubeta’s case, its AI-driven model has created a storm in the startup ecosystem and innovators have welcomed the cryptocurrency’s far-reaching impact. The platform’s growth stands to benefit both the future of AI as well as startups’ rise as brands.
