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With the prediction of a bull market, XRP is expected to reach its all-time high, boosted by recent legal victories. At the same time, InQubeta, a new cryptocurrency focused on democratizing AI investments, has successfully raised funds through its presale, showcasing its potential in the ever-changing crypto landscape.
According to crypto expert and attorney Bill Morgan, investing in Ripple (XRP) is a smart move at this time. He believes that XRP’s price is on the brink of a major bull cycle that will surpass its previous all-time high, despite its ongoing legal battle with the US Securities and Exchange Commission (SEC).
In 2023, Ripple Labs achieved a significant victory against the SEC when a US judge ruled that it was not a security. Morgan is confident that this classification of XRP will hold up in future court battles.
Regardless of its legal issues, Morgan anticipates a surge in investments in XRP, as the SEC has no plans to appeal the judgment on its status. He believes that XRP has the potential to set a new high in 2024.
While XRP’s developers prepare for their court date with the SEC, InQubeta’s developers are reaping the rewards of their presale. The project has generated over $11.7 million in token sales, making it one of the top ICOs.
InQubeta is a crowdfunding cryptocurrency project that aims to make AI investments more accessible. It serves as an alternative for those who do not meet the requirements of traditional investment mediums.
Using its Ethereum-built blockchain, InQubeta provides a decentralized investment platform for anyone to access opportunities in the AI space. AI startups can secure funding by tokenizing their investment opportunities into non-fungible tokens (NFTs). These NFTs are then fractionated into smaller units to accommodate investors with varying budgets. The project’s governance token and native currency, QUBE, is used for all transactions in its ecosystem.
Investors can use InQubeta’s network to either buy equity in emerging AI firms or hold QUBE for long-term investments. Currently, QUBE is priced at $0.0245 in its ICO’s eighth stage, but it is expected to reach a couple of dollars once tokens are listed on exchanges. QUBE is a deflationary currency with a limited token supply of 1.5 billion, and it also implements burn taxes to remove more tokens from circulation.
Morgan shared his thoughts on XRP’s future, stating that the recent 13% price growth in the past week is just the beginning. He believes that four factors, including legal clarity on XRP’s status, a resolution to its ongoing case with the SEC, relisting on major exchanges, and permission to sell tokens to US On-Demand Liquidity clients, could take XRP’s price above its current all-time high of $3.40.
In conclusion, both QUBE and XRP are promising altcoins to consider for potential returns on investment. XRP could potentially grow by 400% in 2024, while QUBE prices are expected to rise by 10,000%. For more information on InQubeta, visit their presale page or join their community. However, as a disclaimer, we do not endorse any product mentioned in this article and encourage readers to conduct their own research before making any investment decisions.