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Bitcoin’s (BTC) value declined sharply, dropping around 15% over the past week.
This unanticipated fall has caused unrest among traders and investors, who were optimistic following a recent upswing. Now, analysts are contemplating when the market might stabilize and initiate recovery.
Despite this downturn; Bitcoin has exhibited resilience, with signs of a potential rebound. Meanwhile, The Graph (GRT), a pivotal player in blockchain data indexing, has demonstrated promising growth during this period.
Likewise, InQubeta (QUBE) has achieved noteworthy progress by providing unique opportunities, like allowing investments in AI startups through fractional ownership. Both QUBE and GRT have recently secured the trust of crypto whales looking to enhance their portfolios amid the current market volatility.
As AI technology evolves, InQubeta is leading the charge as one of the best altcoins to invest in crypto AI.
This article explores how InQubeta and The Graph secure trust from whales amid Bitcoin’s turbulent week.
InQubeta (QUBE): A revolutionary crypto crowdfunding platform
InQubeta has emerged as the cryptocurrency crowdfunding platform pioneer, introducing a groundbreaking platform facilitating fractional investments in AI startups through its native QUBE tokens. The QUBE token operates as a deflationary ERC20 token on the Ethereum blockchain, securing the trust of crypto whales seeking the best crypto to buy in the market. The QUBE token currently trades on Uniswap and MEXC, promising a transparent investment avenue for enthusiasts and seasoned investors.
One of the platform’s standout features is its utilization of Non-Fungible Tokens (NFTs). The InQubeta platform boosts its appeal by minting each investment opportunity into an NFT and fractionalizing them.
This innovative approach allows investors to participate according to their budgetary preferences while enjoying the perks of being early backers in promising AI startups. This new DeFi crypto NFT marketplace is a dynamic platform where AI startups can raise funds and offer enticing rewards and equity-based NFTs.
The QUBE token offers more than just functionality within its platform. As a deflationary token, it presents an intriguing investment opportunity, attracting investors seeking portfolio diversification. InQubeta’s system includes a 2% fee on buy and sell transactions sent to a burning wallet, reducing the token’s supply. Also, a 5% fee contributes to a reward pool. This encourages token holders to stake their assets, earning rewards and enhancing QUBE’s appeal as one of the best altcoins for lucrative returns.
Bitcoin (BTC): Analysts analyzing the dip
The cryptocurrency Bitcoin has faced a challenging trend recently, with its price dropping. After a potential drop below the $61,000 mark, Bitcoin experienced a rebound, but this upward movement did not last. Analyst Mark Cullen predicts another testing of the $60,000 resistance level. Using the Elliott Wave analysis method, Cullen suggests a potential downward movement that could push BTC’s price to around $59,000.
Such a decline would mark BTC’s lowest point since late February and signify a significant downturn of approximately 20% from recent all-time highs. Other analysts, including Matthew Hyland, are also closely monitoring the upcoming weekly close to gauge the strength of the current pullback. Sharing a chart on the X platform, Hyland highlights that Bitcoin has relinquished support from its 10-week simple moving average (SMA), currently at $64,130.
The Graph (GRT): positioned to challenge upper resistance level
The Graph token has remained stagnant for over two months, reflecting subdued price movement within the altcoin segment of the crypto market. Amidst surging enthusiasm for AI tokens, the GRT price surged by over 230%. Subsequently, bullish momentum waned, leading to a correction of 43.57% in its valuation.
Despite experiencing a drop of around 20% in the past seven days and a 31% decline over the last month, the GRT token has yielded a Year-to-Date (YTD) return of 53.34%, attracting the interest of whales and the underlying strength of the project. In the event of continued bullish sentiment in the market, the GRT price is poised to challenge its upper resistance level of $0.4225 in the weeks ahead.
With Bitcoin facing turbulence as its halving approach, InQubeta and The Graph gained ascendency as the best investment platforms. InQubeta combines a fresh approach with the inherent value of its QUBE token, gaining trust among crypto whales. As a decentralized finance platform harnessing AI for investments, this new DeFi crypto is building an ecosystem fostering mutual growth. This positions QUBE as a frontrunner redefining crypto crowdfunding through its commitment to AI-driven investments.
To learn more about this project, visit the Inqubeta presale website.
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This article first appeared at crypto.news
