Accumulate

Flash

Polygon

Polygon (MATIC) slowly recovered after a 1% upswing that outperformed its targeted price. The asset’s price has dropped 31% in the last 30 days and 34% year to date. Whales have gone on a buying spree, taking advantage of this downturn and indicating a positive view for the layer-2 blockchain. According to Lookonchain statistics, an anonymous whale removed 1.9 million MATIC tokens ($1.41 million) from the Binance exchange and stored them in a decentralized on-chain wallet.
Meanwhile,<a href="https://inqubeta.ai?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=tcrs&amp;utm_content=97" rel="noopener noreferrer nofollow"> InQubeta (QUBE)</a> is set to lead the AI (artificial intelligence) market to allow AI startups to interact with their communities and obtain funding seamlessly. This emerging crypto project has created an ecosystem that helps startups in AI technology develop and succeed. InQubeta is the best crypto investment because of its dedication to inclusion and transparency in its investment strategy.&nbsp;
Let’s explore Polygon’s potential to reach $1 and InQubeta’s journey to lead the AI market.&nbsp;
<h2 id="b-inqubeta-qube-aims-to-revolutionize-the-ai-market-b">InQubeta (QUBE) Aims to Revolutionize the AI Market</h2>
<a href="https://inqubeta.ai?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=tcrs&amp;utm_content=97" rel="noopener noreferrer nofollow">InQubeta </a>is a blockchain-based platform expected to skyrocket because of its distinct approach to AI investing. This platform aims to create an open and democratic investment environment that supports the growth and success of businesses using AI technology. By seizing this opportunity, investors can profit from AI’s long-term impact on technology and its potential for future advancements and growth.
InQubeta’s NFT (non-fungible token) marketplace is revolutionizing how AI technology startups attract investors. Startups can reach many possible investors by providing popular NFTs on this platform. This increases their visibility and gives them access to knowledgeable guidance from seasoned business professionals. This creative strategy demonstrates InQubeta’s commitment to creating a fair and equitable investment environment while providing entrepreneurs access to valuable resources and growth prospects.
This emerging crypto aims to develop into a multichain platform to extend its investment ecosystem over several blockchain networks. By implementing this technique, InQubeta hopes to improve accessibility, which could result in wider acceptance. Utilizing smart contracts and blockchain technology, InQubeta provides a safe and transparent investment procedure, making it the best crypto investment to add to your portfolios. The token is currently being traded on MEXC and Uniswap, which depicts a promising future that could revolutionize the AI market.
Beyond the platform’s features, the QUBE token offers more. It provides a compelling investment opportunity as a deflationary token, drawing in investors looking to diversify their portfolios. A 2% fee on purchase and sell transactions that go to a burning wallet is a feature of the InQubeta system that lowers the token’s supply. A 5% fee is also added to a reward pool. As a result, token owners are encouraged to stake their assets to receive rewards and increase QUBE’s popularity as the best crypto investment for profitable returns.
<a href="https://inqubeta.ai?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=tcrs&amp;utm_content=97" rel="noopener noreferrer nofollow">Visit InQubeta Website&nbsp;</a>
<h2 id="b-polygon-matic-eyes-1-milestone-as-whales-accumulate-matic-b">Polygon (MATIC) Eyes $1 Milestone as Whales Accumulate MATIC</h2>
Whales in the crypto landscape are making waves as they amass the MATIC token. These major players are piling up on MATIC despite a general market decline, suggesting an optimistic outlook for the popular Layer-2 blockchain. During the recent decline, a major Polygon whale removed about 1.9 million MATIC tokens from the prominent exchange Binance and transferred them to a decentralized on-chain wallet. ZyCrypto examined the public address to verify that the whale still holds the 1.9 million MATIC tokens, as these transfers to on-chain wallets sometimes signify a rise in holdings.
Analyses of its most recent network activity reveal that MATIC has technological justification for analysts’ predictions and moving in an upward direction. The Proof of Stake (PoS) network operated by Polygon has more than one million active addresses every day, according to data. Interestingly, this has persisted for 25 days straight, indicating a steady rise in network traffic. Interest in popular NFTs and Decentralized Finance (DeFi) has significantly increased over the last few weeks. Polygon’s co-founder, Brendan Farme, recently revealed that the EIP-4844 proposal might be implemented, demonstrating the company’s commitment to expanding the opportunities of its ecosystem. According to Polygon Labs CEO Marc Boiro, who gleaned this information via a Crypto News Flash article, this upgrade may lower the proof cost, eventually leading to widespread acceptance of the company’s native coin. Due to its bullish journey, analysts believe Polygon could hit the $1 mark.
Conclusion
Polygon’s journey to $1 is partly fueled by increasing whale holdings and strategic partnerships. With its progressive outlook and popular NFT marketplace, InQubeta demonstrates a dedication to innovation and transparency that paves the way for it to lead the AI market potentially. There is currently a chance for interested investors to participate in this project as the QUBE token trades on MEXC and UniSwap. For more details, they can also go to the platform’s website.&nbsp;
<a href="https://inqubeta.ai?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=tcrs&amp;utm_content=97" rel="noopener noreferrer nofollow">Visit InQubeta Website&nbsp;</a>
The post <a href="https://thecoinrise.com/polygon-on-path-to-1-as-whales-increase-holdings-could-this-altcoin-lead-the-ai-market/" rel="noopener noreferrer nofollow">Polygon on Path to $1 as Whales Increase Holdings, Could this Altcoin Lead the AI Market?</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Polygon on Path to $1 as Whales Increase Holdings, Could this Altcoin Lead the AI Market?

Table of Contents

TheCoinrise Media

Other articles published on Apr 29, 2024

The Virtual World Where Imagination Becomes Reality

Top 4 Altcoins for Your 2024 Portfolio: Dogwifhat (WIF), Retik Finance (RETIK), Shiba Inu (SHIB),...

Bitcoin (BTC) Price Might Drop Below $50K Level: Here’s Why

Australian Securities Exchange Gears Up To List Spot Bitcoin ETFs This Year

Dede Price Prediction: DEDE Goes Ballistic With 61% Gain, But Investors Flock To This New AI Meme...

Discover the Hidden Gems of the Crypto World

Join our free newsletter for daily crypto updates!