Press Release

Dogecoin at Key Support Level, Promising AI Altcoin Could X5 By June


Despite the fourth Bitcoin halving, the cryptocurrency market has traded relatively stably, with a greater percentage of major altcoins reflecting no clear dominance between the bulls and the bears. The leading meme coin on the DeFi crypto list, Dogecoin (DOGE), has maintained its price above the 50% retracement level, indicating a bullish outlook. As investors anticipate Dogecoin’s path, a new AI altcoin is attracting attention, with a huge growth potential set to explode by June. 

InQubeta (QUBE), a promising cryptocurrency project focused on crowdfunding for AI tech startups, has recently completed its token launch on the crypto list. The project is gaining recognition for its affiliation with artificial intelligence, a merger that could turn investors into millionaires as both industries grow. The project uses trending NFTs (non-fungible tokens) to offer investments and portfolio diversity. This article explores Dogecoin’s rally as investors see its support level and InQubeta’s potential x5 growth as it enters the crypto scene.  

 

InQubeta (QUBE): Promising Growth Ahead of Bullish Run

InQubeta is a new and trending crypto platform that leverages blockchain technology to support the growth of the artificial intelligence industry. This project offers fractional investments in trending NFTs, allowing investors to purchase opportunities without massive budgets. The platform empowers listed startups to mint their opportunities and utility into these NFTs and then list them on a peer-to-peer NFT marketplace. 

This promising AI altcoin has a $13.6 million fund to boost the development of its platform. The token’s listing price of $0.0308 gives investors seeking top altcoins a low entry. More opportunities to earn await holders on the platform. A staking protocol funded by a buy-and-sell tax rewards users who stake their tokens, earning while potentially boosting the token’s demand as supply diminishes. A token burn is also implemented on the coin, ensuring a deflationary status that signifies a reduction in the total supply of QUBE on the DeFi crypto list.

The token has been listed on the decentralized UniSwap and the centralized MEXC exchanges and is now open for trading with a possible x5 growth spurt by June. To guarantee market stability, the newly minted QUBE tokens would be disbursed from May 14th to early supporters over a 12-week vesting period. Aside from building trust and confidence, this approach guarantees that the token remains sustainable as a long-term investment option, reducing the chances of ridiculous price spikes that could affect its reliability among other top altcoins.

Visit InQubeta Website 

 

Dogecoin (DOGE): Rising Anticipation As Support Level Strengthens

DOGE has been in a correction trend over the past three weeks, as indicated by a downsloping trendline in its daily chart. The token dipped to the $0.13 level, recording a 43% fall, while registering multiple lower-price rejection candles that signify active interest from buyers. Analysts anticipate a bullish reversal for Dogecoin in tune with the potential post-halving rally predicted to uplift the general altcoin market.

DOGE has rebounded above 50% Fibonacci retracement at $0.143, signaling a crucial support level for buyers looking to refresh bullish momentum as the market correction continues. This restored recovery bolsters buyers’ interest, positioning the token for a potential breakout. Dogecoin is set to challenge the overhead resistance trendline again, posing a potential continuation of the ongoing rally to push its value to $0.2 soon.

 

Conclusion

Dogecoin bulls have the upper hand, as the token’s value maintains an uptrend past its support level. If the anticipation for a favorable altcoin market post-halving is met, the token is predicted to maintain its upward momentum. InQubeta offers a promising rally as investors turn to the upcoming token for increasing returns amid its low entry point and proposed x5 growth by June. 

Visit InQubeta Website 



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *