CoinMarketCap: Read what our contributors have to say. This content is provided by the community. DYOR!
Memecoins Fail to Mirror Other Altcoins Bullish Movement: Investors Shift Focus From Dogecoin (DOGE) and Shiba Inu (SHIB) to InQubeta (QUBE)
Table of Contents
Market Musing-g

Memecoins Fail to Mirror Other Altcoins Bullish Movement: Investors Shift Focus From Dogecoin (DOGE) and Shiba Inu (SHIB) to InQubeta (QUBE)

CaptainAltcoin
By CaptainAltcoin
1 year ago
7 mins read
Memecoins Fail to Mirror Other Altcoins Bullish Movement: Investors Shift Focus From Dogecoin (DOGE) and Shiba Inu (SHIB) to InQubeta (QUBE)

Memecoins aren’t typical crypto investments as they are inspired by internet memes—characterized by humor or lightheartedness—and most lack tangible utility. However, this isn’t a dig at their growth potential, as they are one of the most promising narratives, boasting immense volatility.

Nevertheless, following the rise in investor sentiment post BTC ETF and altcoins soaring, memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) have been largely quiet. The exclusion of memecoins from the current market rally can be attributed to investors’ demand for utility-backed projects and not memes. Hence, investors have been tilting towards InQubeta (QUBE), an emerging AI altcoin with massive potential.

InQubeta (QUBE): Emerging Crypto With Staggering Potential

InQubeta (QUBE) is the talk of the crypto community, stirring up quite a buzz. It has been hailed as the best ICO thanks to its remarkable presale performance—a whopping $9.4 million raised in early funding. With an explosive surge anticipated after its launch, it is arguably the best new crypto to invest in.

The presale is currently in its seventh stage, and a token is priced at just $0.0224. Meanwhile, according to crypto experts, there will be an impressive 65x jump in its price after launch. This explains the unprecedented participation in its ongoing presale—a bullish wave you can ride as well.

Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!
The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices!
Show more +

It is without a doubt that its huge upside potential is one of its biggest appeals. However, that isn’t all. It stands at the intersection of AI and blockchain—a very promising narrative. At this intersection, it aims to reshape the fast-growing AI sector, particularly in the areas of fundraising and market accessibility.

To address these challenges, it will build the first Web3 crowdfunding platform for AI startups through crypto. Of equal importance is its custom-built NFT marketplace, where all fundraising and investment activities will be held. By minting investment opportunities and representing them as equity-based NFTs, AI tech startups can raise funds. Further, through its fractional investment model, investors can become early backers of AI ventures regardless of their income.

Dogecoin (DOGE): A Leading Meme Coin

Dogecoin (DOGE) is the first meme coin. You can call it the OG of memes. It was launched in 2013 as a fork of Litecoin and is envisaged as a fun and light-hearted cryptocurrency. Notably, it was designed to have greater appeal beyond conventional cryptocurrency as it was based on the popular “doge” internet meme.

Its acceptance and soaring adoption ushered in a wave of dog coins—the meme narrative. Today, Dogecoin is one of the market’s top altcoins—an incredible journey considering its humble beginnings.

Nevertheless, while it is among the best meme coins to invest in, investors often overlook it due to its lack of real-world applications. This explains Dogecoin’s underwhelming performance despite the bullish Bitcoin ETF impact on crypto prices. Although it will see positive price action in the future, now appears to be the time for utility-backed altcoins.

Shiba Inu (SHIB): Declining Investor Interest

Shiba Inu (SHIB) is the second-most popular meme coin. It is also one of the leading dog coins, capturing investors’ interest thanks to its strong memetic appeal. Of equal importance is its active community, which rivals many in the crypto space.

Amidst the rise in the overall market rally, Shiba Inu has been consolidating. With the bull market just starting—optimistically—there is high demand for more stable cryptocurrencies and not meme coins. This explains why SHIB hasn’t been mirroring the bullish movement of the broader crypto market.

Looking forward, Shiba Inu will see a period of rallying as attention shifts towards the meme narrative. As one of the leading memecoins, it will be among the first to soar, putting it among the list of best coins to invest in.

Conclusion

Memecoins have been underwhelming of late, with Dogecoin and Shiba Inu showing unimpressive price movements. Meanwhile, InQubeta, an emerging and promising AI altcoin, has become an investor favorite. On the verge of skyrocketing, you can participate in the promising QUBE presale via the link below.

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

Check NuggetRush ($NUGX)

Sponsored: Invest Responsibly, Do Your Own Research.
Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
0 likes
|

Other articles published on Feb 16, 2024

Market Musing-g

Short squeeze alert for next week: Two cryptocurrencies with pump potential

Cryptocurrency traders usually ride price trends, opening short positions when the market is bearish and long positions in bull runs. This creates the perfect scenario for profitable long and short...
By TheBitTimes
1 year ago
5 mins read
Market Musing-g

Spot Bitcoin ETF issuer VanEck Slammed $1.75M Fine by SEC, Here’s Why

VanEck, a key player in the financial sector, recently found itself at the center of a regulatory storm as the Securities and Exchange Commission (SEC) imposed a fine of $1.75 million on the Spot B...
By Coingape News Media
1 year ago
3 mins read
Market Musing-g

Terra Luna Classic Chooses CertiK for Secure L1 Development

Terra Luna Classic Chooses CertiK for Secure L1 Development
By cmcdelete@edb8d1ee4ec9a85c04690131b307c085
1 year ago
2 mins read
Market Musing-g

Serenity Shield Price Prediction: SERSH Pumps 15%, But All Eyes Are On Sponge V2 As It Looks To R...

The Serenity Shield price soared 15% in the last 24 hours to trade for $0.9150 as of 3:50 a.m. EST time, with trading volume rising 25%.With this surge, SERSH has secured a place on CoinMarketCap’s...
By TheBitTimes
1 year ago
6 mins read
Market Musing-g

BEWARE! Scammers Now Target Victims With Real Crypto In New Address Poisoning Attack

Blockchain analysts warn about a novel address poisoning attack vector, where scammers send real crypto to victims to deceive them. Cyvers’ analysts have issued a warning about a newly identified [...
By ItsBitcoinWorld
1 year ago
4 mins read
Market Musing-g

Solana flips BNB; NuggetRush (NUGX) ICO raises $2.2M

Solana has become the 4th largest cryptocurrency, surpassing Binance’s market cap, driven by bullish momentum and on-chain activity.NuggetRush has seen remarkable presale success, offering a gaming...
By TheBitTimes
1 year ago
4 mins read

Join the thousands already learning crypto!

Join our free newsletter for daily crypto updates!