Shiba Inu (SHIB) has dominated headlines with a recent spike in network activities that triggered a massive surge in the burn rate of its meme token. The 365% increase in the token’s burn rate has sent millions of SHIB to dead wallets and stirred expectations of bullish momentum. Investors are optimistic that the fall of SHIB’s supply could trigger a move to new highs.
The flow of liquidity into the digital investing sector has skyrocketed since the beginning of the year. Investors’ interest in cryptocurrencies, including Monero (XMR) and InQubeta (QUBE), has increased thanks to their recent positive performances. XMR has bagged a 13% recovery, and QUBE is up 220%, boosting its status as the best crypto investment option.
Let’s explore Shiba Inu’s recent developments while discussing the rising interest in Monero and InQubeta.
InQubeta (QUBE) Wins Over Top Investors With Meteorically Bullish Potential
Since InQubeta announced its debut with a 10-stage presale, its QUBE token has been on the radar of many cryptocurrency investors. QUBE is a budget-friendly way to make millions from the booming AI sector. InQubeta partners with multiple AI startups to provide QUBE holders with the best crypto investment through NFTs minted with AI tech.
According to crypto ICO investors, InQubeta’s main attraction is its token’s explosive potential. Another enticing feature is the platform’s offering of an opportunity for QUBE holders to earn residual income when they stake their tokens. These offerings and the rising demand for cryptocurrencies linked with artificial intelligence make QUBE the best crypto to invest in for retail and institutional investors.
The token is currently blazing through the seventh stage of its crypto ICO event, and now is the best time to get in on InQubeta. Investors can buy as many tokens as they want at the discount price of $0.0224. Each token is set to be worth $0.0308 by the time it starts trading on exchanges, including Uniswap. This push to $0.0308 means new investors have 33% returns up for grabs. From there, experts expect rising demand and high trading activity to slingshot QUBE‘s listing value a hundredfold.
So far, InQubeta has sold over 736 million tokens, showcasing high demand for QUBE. This demand has increased QUBE’s value by 220%, and the platform has earned over $8.6 million. These achievements foreshadow an incoming explosive bull run that will cement QUBE as the best crypto to invest in for exponential gains.
Monero (XMR) Attracts Investors With Impressive Rise In On-chain Activity
Privacy-focused cryptocurrency platforms, including Monero, have been enjoying constant adoption despite the challenges in the blockchain sector. Its XMR token can exchange goods and services without exposing transaction details to a third party. Despite strong criticism from traditional finance companies, on-chain data reports a climb in the transaction volume of XMR since last year. This shows that investors are still backing the token. Following the SEC’s decision on Bitcoin ETFs, XMR has rallied by 16%, which is even more impressive considering its decline last year.
Shiba Inu (SHIB) Burn Rate Spike Sparks Expectations For Bull Run
Millions of SHIB were burned, leading to Shibburn’s, the SHIB tracking platform, reporting that the burn rate for the meme token increased by over 350%. The overall sentiment towards Shiba Inu has been positive, considering its supply has deflated—a phenomenon bound to trigger bullish prices. Because of this positive development, SHIB attempted to push to new highs but fell short. Fortunately, investors are positioning for a Shiba Inu rally expected to move with the Bitcoin halving event set for April this year.
Conclusion
Recent market events point to cryptocurrency growth, especially the SEC’s decision on Bitcoin ETFs. The positive increase in the SHIB burn rate has triggered bullish expectations for the token. The narrative is the same for DeFi tokens like Monero and InQubeta. While Monero’s trading volume spike has earned it the support of investors, InQubeta’s impressive presale performance and explosive potential have pulled in massive investor demand. The presale is available with a 15% bonus on every purchase.
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