After the pain of 2022, last year was encouraging for the broader crypto community. Bitcoin (BTC), Solana (SOL), and Injective Protocol (INJ) rallied, drawing billions to the industry.
Injective Protocol, in particular, defied gravity, rising to register all-time highs by the end of December 2023.
Amid this, investors closely monitored another crypto AI project in InQubeta (QUBE), whose presale performance was noteworthy. As a new project on Ethereum, InQubeta aims to introduce a new platform through which crypto projects looking to tap into the multi-billion or trillion artificial intelligence (AI) industry can do so, quickly and securely raising funds.
With Injective Protocol steadily growing in popularity and value, InQubeta also continued to exceed expectations.
The question remains: Will this momentum continue in 2024? And will QUBE attract even more capital on launch?
What is the Injective Protocol, And Why Did It Rally?
As the total value locked (DeFi) crosses above the $50 billion mark, according to DeFiLlama, Injective Protocol is presenting what supporters say is a low-fee, high-throughput alternative to Uniswap.
Injective Protocol is a decentralized exchange (DEX), meaning users can swap tokens trustlessly. However, unlike some of its competitors, the platform supports cross-chain, instantaneous asset swapping.
Additionally, the protocol supports derivatives and Forex futures trading using leverage. This solution presents a smart contracts-guided option for users who desire to retain control of their assets while concurrently holding on to the platform’s native token, INJ, in this case, potentially benefiting from capital gains.
In 2023 alone, INJ, the native currency of the Injective Protocol, rose roughly 65X. It was also listed in multiple exchanges, enhancing its overall liquidity and standing in the sphere.
As INJ prices cool off, some traders are training their eyes on another crypto project currently conducting its presale, InQubeta.
InQubeta Exceeds Expectations
InQubeta is a crypto platform launching on Ethereum. Through its native ERC-20 token, QUBE, the portal aims to fuse blockchain and AI by allowing crypto investors to gain exposure to potent startups.
As part of its strategy, InQubeta will rely on smart contracts for autonomy. At the same time, it will…
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