2023-9-7 12:00 |
While the cryptocurrency industry has played a major role in granting financial freedom to individuals, it remains volatile and often falls victim to regulatory action. One such example is the ongoing legal dispute between Ripple Labs and the US Security and Exchange Commission (SEC). Ripple’s native token XRP is classified as a security by the SEC. Even though a recent landmark lawsuit ruling went in favor of Ripple Labs, the SEC has been putting effort into securing certification for the immediate appeal of the verdict. In an attempt to prevent the potential overturning of the ruling, Ripple Labs is urging the court to turn down the SEC’s request.
Amid the regulatory setbacks governing the cryptocurrency market, InQubeta (QUBE)’s first-ever cryptocurrency crowdfunding platform has gained immense traction among investors. The platform aims to revolutionize how AI-driven startups raise funds and engage with the community. InQubeta is being praised as one of the best cryptocurrency investments by many experts as it allows users to indulge in fractional investment using its in-house token, QUBE.
InQubeta’s Fundraising Platform Emerges as the Top Crypto of the YearInQubeta capitalizes on the power of blockchain technology and smart contracts to create a transparent, secure, and democratic investment ecosystem to fuel the growth and success of artificial intelligence (AI) driven startups. The team recognizes prevailing shortcomings in the traditional investment methods which have slowed the growth of many AI startups irrespective of their potential to bring forth groundbreaking innovations. As the world’s first cryptocurrency crowdfunding platform, the project has witnessed remarkable success in its presale raising over $2.9 million by its fourth stage. The currency price of the token is $0.013.
To enable a seamless and efficient investment process, InQubeta has launched a native token known as QUBE. In addition, the platform also hosts an NFT marketplace that allows AI startups to raise funds and offer reward and equity-based NFTs to investors. QUBE is the utility and governance token of the network. QUBE allows its holders to easily invest in upcoming projects and users gain if the startups succeed in the future. The marketplace is designed to mutually benefit both parties. While the startups receive funds to drive their growth, the investors get exclusive access to the company’s products and services at an early stage, and a part in profits or equity. They can also earn rewards by staking their tokens and benefits from the reward pool which is funded through the 5% sell tax from every QUBE transaction.
Another distinctive feature that makes QUBE one of the best altcoins to buy now is its deflationary nature. Built on the Ethereum network, the token is designed to have its supply reduced with time which helps to enhance its value. Learn more about InQubeta’s democratic and accessible ecosystem by participating in the presale.
XRP Expected to Head for a Bullish Run Even Amid its Legal Battle with SECThe XRP Ledger is an open-source, permissionless peer-to-peer decentralized technology that is known for providing low-cost and high-speed transactions. The network has inherently green attributes and is designed to be scalable with the ability to process around 1,500 transactions per second. The Ripple team researched the problems users faced when sending payments overseas using the traditional financial system.
The transfer process is not only expensive but also time-consuming, taking three to four business days. The company aims to solve the problem of cross-border transactions using its native cryptocurrency, XRP. This token acts as a bridge between the hard-to-match fiat currencies and claims to settle overseas transactions in less than five seconds. As Ripple plans to oppose SEC appeal, many analysts feel that it could impact the XRP token’s price in a positive manner.
The network stands apart through its use of the Federated Consensus mechanism which eradicates the chance of a single point of failure while validating the transactions as the decision does not lie in a single participant. The XRP Ledger supports DeFi, payments, tokenizations, CBDCs, and stablecoins. Many experts have predicted a bullish scenario for the XRP token in the long run and it is widely regarded as one of the top cryptocurrency coins in the market.
ConclusionMany cryptocurrency projects have managed to emerge unscathed from regulatory battles as they were backed by terrific use cases and support from the community. The Ripple community remains positive about the growth of XRP and expects it to enter into a bullish run soon.
However, InQubeta’s new AI fundraising platform is seen as solving the investors’ dilemma regarding their choice between different investment options. Built on the Ethereum network, its native token QUBE lands among the good cryptocurrencies to buy allowing users to participate in staking, trading, and indulging in fractional investment in AI startups.
Visit InQubeta Presale
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post Ripple Files Motion To Oppose SEC’s Appeal, Will This Lift XRP And Rising Star QUBE? appeared first on CaptainAltcoin.
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