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The meme sector is a significant part of the crypto ecosystem, but it is also the most volatile. While it promises explosive gains, there is also the possibility of wreaking losses. Therefore, you need to be especially careful as an investor which memecoin you invest in. There is currently a lot of speculation about whether Pepe (PEPE) and FLOKI (FLOKI) will go to zero after a significant drop in their prices. Amidst this concern, investors are doubling down on tokens with utility, particularly the AI altcoin, InQubeta.
In this article, we will cover the dip in the prices of Pepe and FLOKI and the excitement around InQubeta, a top ICO (initial coin offering).
InQubeta (QUBE): The most Popular AI Altcoin
AI and blockchain are the most transformative innovations of this century. Guess which project is at the intersection of both? InQubeta (QUBE). As a result, there has been a remarkable show of interest in its ongoing presale, with over $4.5 million raised to date. This positions it as the best ICO this year, and this impressive figure goes on to show confidence in its potential and impending adoption.
So, what problem does it aim to solve? It will solve the fundraising challenges in the AI sector by allowing startups, the backbone of the industry, to raise funds through cryptocurrency. This will make it the first crowdfunding platform to implement this novel approach, positioning it as one of the new DeFi projects to watch out for. In addition to this, it will make the AI market accessible to investors and users by implementing a fractional investment model and NFTs.
This project recently entered the fifth stage of its presale, and a token costs only $0.0161. According to analysts, the value will grow by 2,000% in 2023, making it the best new crypto to invest in.
Pepe (PEPE): Growing Doubts
Pepe (PEPE) entered the crypto scene early this year and has become the third most popular memecoin in the space. It was created as a tribute to the popular internet meme “Pepe the Frog,” and it gained acceptance within the crypto community. A substantial number of crypto investors see it as a good crypto to buy following its run since it launched in the second quarter of 2023.
However, after a considerable drop in its price, many doubt its long-term viability. As a purely speculative asset, it does not have any real-world use cases that could drive its price or help maintain it. For instance, at its peak, Pepe reached a market cap of $1.6 billion but now hovers below $500,000. So, while it created several millionaires, a large number are now bagholders and are suffering significant losses. Is more Pepe dip incoming? It is very likely; it has no use cases after all.
FLOKI (FLOKI): Further Decline?
FLOKI (FLOKI) is self-dubbed the “people’s currency,” and it is the utility token of the FLOKI ecosystem. It emerged onto the crypto scene following the success of prominent memecoins like Shiba Inu, now becoming one of the top crypto coins. So, where did it get its meme inspiration from? It was named after Elon Musk’s dog and a Viking character, Floki.
This token is a bit different from many meme coins as it has some use cases. Its ecosystem includes an NFT metaverse and decentralized finance (DeFi). Nevertheless, it hasn’t had much impact on the price. The token has declined by almost 90% from its all-time high, with many suggesting a further dip. In our opinion, we recommend investing in a project that solves a crucial problem instead.
Conclusion
Investors can be seen doubling down on utility tokens like InQubeta following the substantial dip in the prices of Pepe and FLOKI. This AI altcoin has also become a favorite as it prepares for widespread adoption and explosive growth. To become an early member of the community, follow the link below.
Visit InQubeta Presale
Join The InQubeta Communities
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