Arbitrum, Ethereum’s Layer-2 scaling solution, has encountered significant developments since the token unlock on Saturday, March 16. Subsequently, the Arbitrum (ARB) price has undergone a 25% correction and is currently trading at $1.51. Meanwhile, InQubeta (QUBE), an emerging AI altcoin, witnesses significant interest as its market debut approaches. With its presale selling out rapidly, and an impressive $12 million raised to date. A token costs $0.028 in the ninth stage of the presale, with analysts forecasting a 65x surge.
Arbitrum (ARB) Price and Market Cap Correlation
Arbitrum initiated a “Cliff Unlock” event on March 16, distributing 1.1 billion ARB tokens to investors, team members, and advisors simultaneously. Such an event typically raises concerns of a market sell-off, leading to a notable decline in the native token’s value.
Arbitrum opted for a simultaneous release of all tokens. Out of the total, 673.5 million tokens were allocated to advisors and the team, while the remaining 438.25 million tokens were distributed to investors.
Arbitrum Market Cap Hits New ATH
On the contrary, Arbitrum’s market cap has surged by an impressive 80% to over $4.0 billion in the last 24 hours. The surge in Arbitrum’s market capitalization stems from various factors, including increased adoption and utility within the crypto ecosystem. Despite the lower price per token compared to previous highs, the overall market capitalization has reached unprecedented levels, indicating robust demand and investor confidence in the project.
One critical aspect that plays a pivotal role here is tokenomics, particularly the inflation rate. For example, despite Solana’s price per token being lower than its previous all-time high (ATH), its market capitalization has reached a new peak. The ARB token operates with a similar tokenomics. Inflationary mechanisms involve the periodic introduction of new tokens into circulation, and achieving all-time high (ATH) prices depends heavily on expanding their market capitalization (market cap) to counteract the inflationary pressures.
InQubeta (QUBE) Presale Crossed the $12 Million
The Project InQubeta (QUBE) is among the most anticipated launches this year. Its ongoing presale has been a success nothing short of remarkable, surpassing $12 million. With this momentum set to persist well after its market debut, it has been hailed as the top new crypto investment.
Furthermore, its robust fundamentals position it for adoption and explosive growth. It aims to revolutionize the AI industry by creating the first-ever crowdfunding platform for AI tech startups. Additionally, investors will have the opportunity to own stakes in promising AI ventures through its tailored NFT marketplace, irrespective of their financial status.
This emerging crypto is approaching its launch and is currently in the eighth stage of the presale. A token is priced at only $0.0245, with experts predicting a 6,000% surge after its launch, making it an optimistic wave not to overlook and a recommended presale.
QUBE: AI Governance Token
InQubeta, gaining traction as a favored investment, particularly within the AI altcoin sphere, has amassed an impressive $12 million during its ongoing presale. Its position as a bullish narrative in the crypto community and the anticipated 65x surge post-market debut highlight its success in presale journey.
However, its like Solana, InQubeta underscores the significance of innovative technology and strategic market positioning in attracting investor attention and funds. As a governance token, QUBE holders will have the ability to propose, discuss, and vote on various aspects related to the platform’s development, operation, and future direction. InQubeta is creating a more democratic and community-driven ecosystem. This function encourages active participation from token holders, allowing them to shape the platform’s future and contribute to the growth and success of AI technology start-ups.s
