The recent transfer of 4.4 trillion Shiba Inu (SHIB), valued at around $35 million, has caught the attention of the crypto community. This transfer is thought to be a sale, and may be the beginning of a larger selling spree. As a result, investors and traders are taking a bearish stance and have been positioning themselves accordingly.
At the same time, InQubeta (QUBE), a project on the initial coin offering list, is gaining considerable interest in the ICO space due to unprecedented demand. This article will explore the possibility of a decrease in the price of Shiba Inu, as well as what makes InQubeta unique and why it is a draw for investors.
InQubeta (QUBE): A Powerful Presence in the ICO Scene
InQubeta is a DeFi project that aims to revolutionize the AI sector and it has been a major player in the ICO market, raising over $4.5 million, making it one of the most popular ICOs. While the focus has been on the advancement of AI and its transformation of the world, AI startups have had difficulty gaining traction in the competitive market. InQubeta is looking to change this by introducing a new fundraising model that will allow AI startups to raise funds via cryptocurrency.
To secure capital, AI startups will create investment opportunities and represent them as non-fungible NFTs. These will be equity-based and divided into bits, allowing investors to own stakes in lucrative AI ventures. InQubeta’s presale is in its fifth stage and costs $0.0161 per token. Analysts predict its value will increase by 3,000% in 2023, making it a highly attractive option for investors.
Shiba Inu (SHIB): A Growing Bearish Sentiment
Shiba Inu (SHIB) is a major player in the cryptocurrency space, and is one of the most popular meme coins in the overall crypto market. But a trend of whales selling their SHIB holdings is becoming apparent. According to the Whale Alert crypto tracker, a large amount of SHIB was recently transferred – 4.4 trillion tokens with a value of approximately $35 million. This transfer was likely a sale or a whale splitting their holdings between several wallets, resulting in bearish sentiment among investors.
In spite of this, confidence in Shiba Inu is expected to increase in the coming weeks, making it one of the altcoins to keep an eye on.
Conclusion
Shiba Inu is facing bearish pressure due to large-volume investors selling their holdings, while InQubeta is becoming increasingly popular in the ICO market, having raised over $4.5 million in its ongoing presale. For more information about the InQubeta presale, visit InQubeta Presale| Join The InQubeta Communities.
