Recently, Polygon’s zkEVM rollup took a stumble, casting a temporary shadow over layer-2 scaling solutions. However, in the same breath, the market whispers of a potential altcoin season following the recent SEC decision on Bitcoin ETF, with Shiba Inu a familiar name alongside a newcomer and emerging crypto: InQubeta (QUBE). Let’s dive into these narratives.
Polygon’s zkEVM Experiences Hiccups
Polygon has carved a niche for itself as a prominent layer-2 scaling solution for the Ethereum network. But even the best tech encounters roadblocks. On March 23rd, Polygon’s zkEVM, its zero-knowledge Ethereum Virtual Machine, entered an emergency state after encountering a blockchain reorganization (reorg) on the Ethereum mainnet.
Simply put, a reorg is when the network temporarily discards previously validated blocks and adopts a new chain as the true history. While this helps maintain network security, it can cause hiccups for applications built on top. In zkEVM’s case, the sequencer, responsible for ordering and timestamping transactions, mishandled the reorg. This led to a mismatch between zkEVM’s internal state and the Ethereum mainnet, disrupting transaction processing for roughly 14 hours.
The good news? The issue was identified and rectified, and zkEVM is back online. However, the episode serves as a reminder that even cutting-edge technology is under constant development and improvement.
Such incidents spotlight the challenges blockchain networks face, especially those pioneering advanced solutions like zkEVM—a zero-knowledge proof mechanism aimed at enhancing privacy and efficiency. While Polygon’s other operations remained unaffected, the hiccup served as a reminder of the teething troubles that accompany blockchain innovation.
Shiba Inu Prepares for Rally
While Polygon addresses its zkEVM hiccups, the altcoin market simmers with anticipation of a potential rally. Among the players generating buzz is Shiba Inu (SHIB). While its short-term performance has been lackluster, some analysts predict a bull run for SHIB in the near future. One of these is Captain Faibik, who in their post on X highlighted the occurrence of a symmetrical triangle on SHIB’s chart. This is a bullish pattern that for the popular analyst signals an incoming 2x upside for one of the best meme coins in the market.
InQubeta – An AI-Powered Contender Emerges
Another altcoin that’s headed for a big rally is the emerging crypto InQubeta (QUBE). Here’s what makes this AI-focused altcoin intriguing:
Riding the AI Wave
Artificial intelligence is a hot topic, and InQubeta positions itself at the forefront of this revolution. By capitalizing on the AI narrative, QUBE becomes an attractive investment for those looking to tap into this high-growth sector.
Presale Frenzy
InQubeta’s presale is in its final stage, with QUBE currently priced at $0.028. Analysts predict a significant upswing, attracting seasoned and beginner cryptocurrency investors seeking substantial gains. With over $13 million already raised and 947 million QUBE ERC20 coins sold, the presale is generating significant momentum.
Revolutionizing AI Funding
InQubeta (QUBE) aims to address a critical challenge in the AI space: fundraising. It plans to build the first-ever crowdfunding platform dedicated to AI tech startups. This blockchain ICO platform leverages fractional investment models, allowing stakes in these startups to be minted as NFTs (non-fungible tokens). Imagine holding a piece of the next groundbreaking AI venture!
Transparency and Security
InQubeta prioritizes security, undergoing comprehensive audits and KYC (Know Your Customer) verifications by leading security firms. This commitment to transparency and user safety positions InQubeta as a trustworthy player in the DeFi space.
Final Thoughts
As you navigate the twists and turns of the blockchain world, like the recent hurdles faced by Polygon’s zkEVM and the potential rally of SHIB, it’s crucial to stay alert for emerging opportunities that offer not just recovery but serious growth potential. That’s where InQubeta steps into the spotlight.
With its focus squarely on democratizing investment in the AI sector, InQubeta is drawing attention from both experienced investors and newcomers eager to add innovative assets to their portfolios. Embark on this journey by visiting InQubeta’s website or joining their vibrant community on Twitter.
