Recent on-chain data suggests a possible end to Injective (INJ) consolidation phase, marked by sustained network growth and an increase in the number of daily active addresses. Meanwhile, InQubeta, which is another AI innovative project, is attracting more attention. QUBE innovative AI investment strategies are reshaping the DeFi landscape, democratizing access to cutting-edge technology for investors.
Injective on-chain metrics indicate a consolidation phase
Injective has spent several weeks in a consolidation phase, but the gradual increase in daily active addresses hints at its imminent end. On April 9, their number exceeded 1,000 for the first time since January 12. However, the number of new daily addresses stands at 234, well above the minimum of 130 set on April 4.
This increased activity could indicate that more users are joining the network, potentially laying the groundwork for growth. On the other hand, according to the Global In/Out of the Money metric, 44.27% of holders bought INJ in the range of $23 to $31.50. All of them are now in profit. Meanwhile, 42.88% of investors remain in the red, and 12.85% are at breakeven. Thus, getting out of the sideways position will be key, since any movement can significantly affect the balance of power.
Injective Price Prediction: $40 on the horizon
The four-hour Injective chart reflects a narrow trading range. Consolidation within it could indicate accumulation by investors who expect the price to rise. Moreover, the Relative Strength Index (RSI), meanwhile, is at 21.23, hinting at potential oversold conditions. According to TradingView, the current price of INJ stands at $33.09 at the time of writing.
tradingviewDespite this, the moving average divergence reinforces the prevailing bearish sentiment. Meanwhile, the MACD line is below the signal line, and the expanding negative histogram indicates increasing selling pressure.
InQubeta: Pioneering Advancements in AI Investment
InQubeta is not just simply about tokenomics, it’s based on the principles of the DeFi that are aimed at driving innovation by supporting AI startups. Not only that, this strategy is aimed at making the investment opportunities available and equal to all investors by building a solid investment ecosystem for AI startups. InQubeta’s approach offers a new approach to the world of listed startups by creating fractionalized NFTs, which promotes transparency and signifies a shift towards a safe and fair investment practice.
A World of Opportunities with InQubeta (QUBE) Presale
InQubeta is the pioneer in the area of the intersection of crypto and AI. This is where the future is heading and it will change the industry standards and offer the opportunities that were never accessible before to both investors and innovators. Moreover, the deflationary token system, innovative investment strategies, energetic marketplace ecosystem, user-friendly platform, and forward-looking roadmap of InQubeta are not only about the project but also about an endeavor with unlimited possibilities and chances.
With the merging of Crypto and AI in a closer way, InQubeta shows up as a beacon of what the power of technology and the imagination of the people can do. QUBE is currently at its ninth phase of the presale with a plan to be listed on Uniswap in four days as the official website announces.
