Shiba Inu Rally Possible as Selling Pressure Eases, Uniswap & AI Altcoin Solidify Position

After a long wait, it’s finally time for Shiba Inu (SHIB) to shine. Inspired by a Japanese dog breed, Shiba Inu has been evolving with the times to become one of the best cryptocurrencies to buy in 2024.
The meme coin hit a speed bump as its price activity slowed down. However, as whales paused their selling, crypto experts believe that the token could be headed toward a bullish path.
Two other altcoins that have strengthened their market position are InQubeta (QUBE) and the leading crypto exchange Uniswap (UNI).
InQubeta is a crypto-based crowdfunding platform accelerating the pace of AI innovation and has had a permanent spot on analysts’ best cryptocurrency ICO lists for months now. Its ICO ended recently after raising over $13.6 million.
InQubeta: Boosting AI startups’ shot at success
The platform allows investments and payments using its native coin, the QUBE token. The cryptocurrency strikes a balance between financial prudence and utility with features like a deflationary character, decentralized governance, and a staking mechanism.
According to DeFi enthusiasts, with the QUBE token, people don’t have to worry about what cryptos to buy now for a long time.
The QUBE token’s deflationary character is another reason behind its presale success. The model prevents inflation from reducing the asset’s value. The immunity is achieved by burning all unwanted tokens in circulation when the markers are in the red.
InQubeta is a complete package for startups who might not know how to start their growth journey. With InQubeta, they can connect with potential mentors to learn more about the AI industry. Entrepreneurs can also learn the ropes of marketing and finance and can leverage its social media presence to promote their brands.
QUBE token has received a lot of attention from buyers, and its presale has been a massive success. Experts have also praised its unique utility.
InQubeta involves its community members while making key decisions. The decentralization of governance allows for various stakeholders to express their views and flag possible concerns well ahead of time.
Token holders get exclusive privileges to approve new proposals and ensure that the platform is growing optimally.
Shiba Inu developers to tackle deep fakes, plagiarism in media
A canine-themed cryptocurrency, Shiba Inu is not just an average meme coin. Over the years, the crypto project has evolved into a versatile DeFi ecosystem with a crypto exchange, a Layer 2 solution, and three tokens among its offerings.
Considered one of the altcoins to watch out for this year, all transactions on the Shiba Inu network are determined by the SHIB token.
For governance, the platform has created BONE, while LEASH rewards long-time supporters. Analysts are closely watching the SHIB token, which has been drawing positive price action following a drop in its selling pressure.
The cryptocurrency was recently in the news after it became a part of the Content Delivery and Security Association (CDSA).
By collaborating with the body, Shiba Inu’s team of developers will be creating technology to streamline security concerns in the media and content distribution space. The technology would specifically target issues like deep fakes and plagiarism.
Uniswap Labs unveils new ERC standard
Uniswap is among the most sought-after crypto exchanges globally and it facilitates snag-free sales, purchases, and the swapping of DeFi assets. Its native token UNI is used for all transactions on the exchange.
The emerging crypto has been recovering sharply recently as whales have started accumulating huge volumes.
In a recent development, Uniswap Labs unveiled a new ERC protocol with Across for cross-chain interactions.
For analysts, InQubeta, Shiba Inu, and Uniswap are among the crypto assets that have a timeless appeal.
These coins are among the best cryptocurrencies to buy now. They have an enviable track record over the past few months. These tokens have lived up to their hype and haven’t disappointed crypto users with their potential.
Analysts suggest that they are likely to continue with their gains due to their focus on new initiatives and upgrades. Uniswap, with its new ERC standard and Shiba Inu, with its CDSA collaborations are expanding their outreach.
The InQubeta team has its eyes set on a bigger community of stakeholders and it has been busy planning a roadmap for the platform. Recently, the QUBE token went live on MEXC and Uniswap.
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