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Despite Gains, PEPE Faces Emerging Worries, Interest in New AI Altcoin Soars

Despite Gains, PEPE Faces Emerging Worries, Interest in New AI Altcoin Soars
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Pepe (PEPE) is now one of the best meme coins to invest in as its price has surged 659% in the past 30 days. The frog-themed deflationary crypto’s recent price increase is being called a pump and dump by some analysts as whales transfer tokens worth over $1.71 to the Binance exchange to take profits. 

The Pepe project was created on the Ethereum (ETH) network and looks to capitalize on the hype generated by older meme coins like Dogecoin (DOGE). Pepe’s ecosystem looks to attract new investors with a burn protocol to reduce token supply, a system that rewards long-term stakers, and a no-tax policy. 

InQubeta (QUBE) hasn’t enjoyed as much growth as Pepe has in the past month, but it is expected to enjoy up to 10,000% gains in 2024 thanks to the creative system it deploys to make artificial intelligence (AI) investments more accessible. 

InQubeta’s presale has exceeded all expectations so far, generating over $11.6 million in token sales. That’s a lot more than the $10 million funding goal set at the start of its presale and it might end up raising more capital than the ICOs of major cryptocurrencies like Ethereum. Ethereum’s ICO raised about $18.3 million. 

There are various reasons for InQubeta’s presale success. These include:

1. The easy access to AI investment it plans to provide

The artificial intelligence sector has grown exponentially in the past decade and it has emerged as one of the hottest investment opportunities. However, a large fraction of global investors don’t meet the prerequisites needed to access mainstream investment firms. This stifles the stream of capital into AI while denying investors the opportunity to earn profits by backing emerging firms. 

InQubeta brings the world of artificial intelligence and blockchain technology together by creating an NFT marketplace where investors can obtain equity in AI startups. These firms tokenize investment opportunities into non-fungible tokens (NFTs) and sell these ERC20 coins to investors for QUBE. 

2. The exponential growth of the artificial intelligence (AI) industry

The inflow of capital into AI has surged 1,000% since 2015, going from $12 billion to $120 million. These inflows are projected to reach $1.5 trillion by 2030 positioning AI-focused cryptocurrencies and companies like InQubeta for considerable growth. 

AI-focused firms like Nvidia enjoyed exponential growth after news broke that the demand for its computer chips that are used to power artificial intelligence models had risen by over 50% in an earnings report. That was enough to take its valuation from over $300 billion to more than a trillion dollars in 2023.

3. The InQubeta project’s excellent tokenomics

InQubeta is built on excellent tokenomics that set it up for consistent long-term growth. The supply of QUBE, its governance coin and native currency, is limited to 1.5 billion, and burn taxes are used to lower the supply some more, creating scarcity. 

QUBE’s small token supply also means prices will rise quickly as investments in its network grow. Prices could reach hundreds or, even, thousands of dollars in the next decade. 

What’s next for Pepe (PEPE) after a 659% surge?

As is the case with most meme coins, PEPE’s price surge is most likely a pump and dump so investors should expect its prices to fall as quickly as they rose. While Pepe’s developers have taken steps to make it an attractive investment by implementing deflationary protocols, its 420 (probably not an accident) trillion token supply will likely prevent any serious long-term price growth. 

Summary

QUBE is arguably the best altcoin to invest in today given its 10,000% growth potential for 2024. Its prices could follow a similar growth trajectory to BTC given the utility it provides to the many investors looking for easier access to AI investments and the $1.5 trillion anticipated to flow into the sector in the next several years. 

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