This week has been a bumpy ride, to say the least. As Bitcoin (BTC) struggles with momentum, the entire market has been trading on the downside, although some are showing promise. FLOKI (FLOKI) is one of the top altcoins and investors are indecisive about whether to buy the dip or not amid fear of further price declines.
Taking a slight detour to the world of utility tokens—altcoins with real use cases—Ripple (XRP) gains slight traction. The bulls are spurred on by the news of Ripple’s launch of a US dollar-backed stablecoin later this year.
At the same time, confidence in this new AI altcoin, InQubeta (QUBE), hit a new peak after registering $13.2 million in early funding. Charting a bullish course, it is set to skyrocket after its market debut, making it the best new crypto to invest in.
InQubeta (QUBE): The Best New Crypto to Buy Now
InQubeta (QUBE) is enjoying a massive presale turnout due to the vital role it will play in the fast-rising AI sector. Drawing attention is its significant upside as an emerging crypto with potential.
Carving out a niche, it will build the first-ever cryptocurrency-based crowdfunding platform for AI startups. Through this move—hailed as forward-thinking by industry experts—it will address the fundraising challenges within the AI sector. Further, its NFT marketplace will provide democratized access to the profitable AI market.
Preparing for its explosive market launch, the presale is in its final stages and a token costs just $0.028. Bursting with optimism, experts predict a 55x surge after its launch, making it one of the most promising new ICOs and a good crypto to buy this bull cycle.
FLOKI (FLOKI):
If you are familiar with Viking mythology, you will have likely had a brush with FLOKI, which was the inspiration behind this memecoin. In an interesting twist, it also happens to be the name of Elon Musk’s Shiba Inu. This makes it one of the most appealing meme-inspired tokens.
While it is among the best meme coins—leading the latest meme frenzy—FLOKI has been trading on the downside. It experienced a significant price decline after the bulls ran out of fumes, sparking concerns among investors.
With fear of further decline looming, investors are uncertain about whether to buy the dip or not—quite understandable. After all, the dip could dip even further. Instead, investors have been looking towards other 100x gems over FLOKI, hoping to maximize their gains.
Ripple (XRP): Rise in Momentum
Ripple (XRP), one of the best altcoins, is experiencing a period of rallying. This might come as a bit shocking considering its abysmal performance this year and, not forgetting, its ongoing legal tussle with the US SEC.
Its latest uptick is being fueled by an important announcement recently. The fintech company announced on X (formerly Twitter) the impending launch of a US dollar-backed stablecoin later this year. As expected, the bulls were invigorated, propelling XRP to the upside and printing greens.
Considering its underwhelming performance this year, XRP might be able to stay in contention despite the buzz around new cryptocurrencies like DYM and Wormhole. With further upsides anticipated, XRP’s fortune might be finally changing for the better.
Conclusion
With fears of further dips, investors are unsure about buying FLOKI or not. Meanwhile, XRP charts a bullish course amid the latest announcement, while InQubeta explodes in presale. On the cusp of skyrocketing post-launch, you can participate in the QUBE presale through the link below.
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