Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Many ADA investors are still confident in long-term Cardano (ADA) success.
On the other hand, projects like InQubeta (QUBE) continue their path in raking in a lot of capital from experts and investors alike.
Supporters of InQubeta (QUBE) can take part in pre-sale and buy tokens here.
Cardano (ADA) community confident in successful 2024
Once considered one of the best altcoins on the market, the significant 26% drop in Cardano’s (ADA) price since last week raises important questions about its future price trajectory. The key consideration now is whether ADA will continue to decline or if a recovery is on the horizon.
Currently, Cardano is encountering substantial support, which could play a pivotal role in determining its next move. If this support level holds, it could serve as a foundation for a potential rebound or stabilization in price. However, if this support fails to sustain ADA’s price, further declines could be possible.
The Relative Strength Index (RSI) is also overbought on the weekly chart. If the $0.5 support level fails, the next key Fib support is at around $0.39, where the 50-week EMA could provide additional support.
Cardano shows signs of a bullish bounce at the 0.382 Fibonacci (Fib) support level around $0.5. Despite this, the Moving Average Convergence Divergence (MACD) histogram is trending bearishly, while the MACD lines are still bullish.
InQubeta (QUBE) Continuing Its Bullish Momentum
InQubeta is a leading player in the cryptocurrency revolution, revolutionising AI startup investments in a way that's perfect for beginners looking to delve into the crypto world. Their innovative approach is reshaping the landscape, making it a fantastic beginner cryptocurrency investment opportunity as well as one for experts too.
1InQubeta has ingeniously linked investment avenues to NFTs, allowing startups to create fractionalized NFTs representing investment opportunities. This innovation transforms how investors engage with startups, offering an intuitive, transparent, and seamless investment experience. InQubeta's NFT marketplace nurtures an environment where startups can raise capital, providing equity-based NFTs and fostering a vibrant community of backers, perfect for those new to the crypto space.
What sets InQubeta apart is their QUBE token, which is more than just a mode of investment. It's a comprehensive system that embodies the spirit of innovation. QUBE is a deflationary ERC20 token featuring a clear tax structure. The 2% tax on buys and sells contributes to a burn wallet, promoting the appreciation of token value. Moreover, the 5% tax on sales contributes to a dedicated reward pool, encouraging investors, including beginners, to stake their tokens, earn rewards, and actively participate in the growth of the ecosystem.
InQubeta's guiding principles are centered around inclusivity, which is particularly appealing for crypto beginners and those unfamiliar with the space. InQubeta has introduced a democratic investment framework that's beginner-friendly. By utilising fractional investment through QUBE tokens, InQubeta empowers a diverse array of investors to actively partake in the growth of AI startups. This inclusive ethos not only benefits startups but also opens the doors for newcomers to explore the exciting realm of AI technology.
To those looking to get into cryptocurrency, InQubeta offers an exceptional entry point into the world of crypto investments, making it an ideal starting point for those new to the field.
Arman Shirinyan
Alex Dovbnya
Dan Burgin
U.Today Editorial Team
Vladislav Sopov