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In the world of the top crypto coins, the dynamics of rivalry and collaboration among blockchain protocols sometimes takes center stage. Today, let’s delve into Solana founder Anatoly Yakovenko’s advocacy for a symbiotic relationship with Ethereum, explore Cardano’s recent surge, and shine a spotlight on InQubeta (QUBE) , a novel AI cryptocurrency of 2023.
Can SOL and ETH co-exist?
Yakovenko, expressing his techno-optimism, dismissed the notion of sparking a cold war between Ethereum and so-called “ETH Killer” protocols like Solana. He emphasized the potential for these protocols to coexist without resorting to obsolescence threats. In his view, pushing narratives that pit these technologies against each other is counterproductive and harms the crypto ecosystem.
The Solana co-founder is a firm believer in Pareto efficiency. He stated that technologies with overlapping features can compete without one necessarily supplanting the other. He refuted that Solana’s success must come at the expense of Ethereum’s demise, envisioning a future where both protocols thrive.
Yakovenko’s positive outlook extends to the future integration of “Danksharding,” a technology that enhances blockchain scalability by adding cheaper blocks. Like Ethereum rollups, this technology offers additional storage space for transactions, increasing transactional throughput. The Solana co-founder also believes that as Danksharding evolves, it will provide sufficient bandwidth to accommodate all of Solana’s data, fostering a mutually beneficial coexistence.
Cardano’s (ADA) market capitalization surges
Cardano (ADA) has recently experienced a remarkable surge, adding a staggering $1 billion to its market capitalization on December 6th. With a market cap now standing at an impressive $15.7 billion according to Coin Market Cap data on the same date, this top ten cryptocurrency has secured its position as the eighth-largest cryptocurrency globally. The surge in ADA’s market cap is attributed to a notable uptick in its price, signaling increased attention and trading volume.
While some speculate about potential corrections when “dino coins” like Cardano experience significant growth, ADA seems to revel in the heightened attention. As the bullish run continues, the ADA community long-time and beginner cryptocurrency investors eagerly await the next moves in this dynamic market.
Introducing InQubeta (QUBE), a new AI token pre-sale
InQubeta’s presale is in Stage 6, having raised an impressive $6.5 million and selling over 610 million tokens (82% sold). Currently priced at 0.01925 USDT per QUBE token, it’s expected that the presale numbers will continue to rise given the support the project has received so far.
InQubeta (QUBE) stands out with its innovative use of ERC20 coins, smart contracts, and its Ethereum-launched blockchain. This approach creates a more accessible way to invest in AI, positioning it as one of the best DeFi projects. The project’s strategic use of burn taxes on marketplace transactions further limits the circulating supply, contributing to its potential for price appreciation.
Investing in AI startups through InQubeta (QUBE) is likened to investing in Internet-based companies like Netflix during the early 2000s. Those with the foresight to recognize the massive impact of these businesses during the early stages of the internet revolution reaped life-changing profits. InQubeta aims to offer a similar trajectory for those investing in AI startups that play significant roles in the new markets created by AI.
Yakovenko’s call for healthy competition between Ethereum and Solana, Cardano’s surge, and the emergence of innovative DeFi project InQubeta are all welcome developments for the crypto community. These point to a dynamic landscape that’s primed for growth, making now an excellent time to invest in crypto.
InQubeta (QUBE) can be a promising AI coins in various portfolios. To explore this project’s potential, visit the InQubeta website. Join their community on Twitter as well to get the latest updates.
Arman Shirinyan
Dan Burgin
Alex Dovbnya
