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Company Set To Offload 56.8 Million Polygon Tokens; Osmosis And InQubeta Eye Str...

 4 months ago
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Company Set To Offload 56.8 Million Polygon Tokens; Osmosis And InQubeta Eye Strong Gains In 2024

Polygon's pace disrupted
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The following content is a paid release. It is provided for informational purposes only and should not be interpreted as financial advice. The statements, views and opinions expressed in this column are solely those of the content provider and does not reflect the views or opinions of CryptoMode.

Polygon’s (MATIC) successful market run slowed down abruptly after crypto lender Celsius Network announced its decision to sell 56.8 million MATIC tokens. The move has reduced some of the enthusiasm around the cryptocurrency but analysts suggest crypto users wait and watch how market trends unfold.

Meanwhile, the strong growth of InQubeta (QUBE) and Osmosis (OSMO) were the hot topics that dominated discussions in the crypto-verse. While Osmosis is a crypto exchange, InQubeta helps startups find backers for their AI projects. InQubeta’s surge comes close after its impressive ICO performance. So far, its presale has drawn over $8.5 million.

These two tokens were able to shift the limelight from concerns about ETF acceptance criteria in countries like the US. The US regulators recently approved 11 spot ETFs which debuted in the market on January 10.

InQubeta: Create growth opportunities for AI startups

Using a straightforward investment model, InQubeta enables startups to connect with investors from across the world. The funding of AI projects is facilitated through the sale of NFTs minted from startups’ offers for investors. These NFTs have all information about the project and how the buyer can benefit from it.

The NFTs can be bought in parts with InQubeta’s native cryptocurrency, the QUBE token. With a total supply of 1.5 billion, QUBE token is the official mode of payment and a key pillar of the governance structure. Its versatility makes it one of the best crypto investments available in the market today.

QUBE is also a governance token, allowing holders to contribute to decision-making through their special voting rights. They are required to use these privileges when proposals for protocol changes or upgrades are put to a vote.

QUBE was launched last year but it is yet to lose its charm because of its deflationary model. The feature helps crypto users keep their portfolios safe from inflation. A deflationary model reduces the token supply when the markets are volatile.

As the supply lags behind the demand, the price doesn’t fluctuate and stays stable which drives the asset’s value. To counter any increase in supply, the model activates the token burn mechanism and destroys excess tokens.

One of the key services available on the InQubeta platform is mentorship support. Entrepreneurs can interact with veterans from the AI industry to learn more about the sector and gain from their insights. They can also seek help from experienced advisors about legal or financial challenges.

QUBE has the potential to post strong rallies in 2024 as it has a unique utility and is working with the emerging AI sector.

Buy Qube now

Polygon acquires 15.23 million users in 2023: Flipside report

Hailed as one of the best altcoins to buy now, Polygon is a scaling solution for Ethereum-based blockchains and solutions. All transactions on the network are conducted in terms of its native token MATIC and confirmed with the proof-of-stake consensus algorithm.

The MATIC cryptocurrency hit a speed bump after crypto lender Celsius Network said it was gearing up to sell off over 56 million MATIC tokens to different crypto exchanges.

However, analysts suggest that Polygon has the potential to bounce back and could post strong returns in 2024. Many experts even cited the recent report by blockchain analytics firm Flipside as evidence. According to the report, Polygon acquired 15.24 million users in 2023, trailing behind only Ethereum.

Osmosis taker fees cross $2.1 million in Q4

Osmosis is a crypto exchange powered by Cosmos blockchain where one can buy, sell, or swap cryptocurrencies. Crypto users can access in-depth charts on asset performance and liquidity to make well-informed decisions.

As a leading interchain platform, Osmosis offers developers an array of tools for deploying dApps and smart contracts. Its native token is OSM.

Analysts are calling it a good crypto to buy and suggest that it can fetch strong gains this year.

In a recent development, Osmosis announced that in the fourth quarter of 2023, its taker fees crossed $2.1 million. The platform’s swap fees also rose to an impressive $218,000.

Buy Qube now

Conclusion

If you are interested in starting 2024 with top crypto coins, InQubeta, Polygon, and Osmosis are among the names that are topping popularity charts. These three tokens took the market by storm in 2023 and rode into the new year at the same pace.

For analysts, what sets them apart is the way they meet token holders’ expectations. Their cutting-edge models help one explore the full potential of DeFi. The efficiency of the platform is matched by its security framework that keeps users’ assets safe.

Visit InQubeta Presale

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