Robinhood Ramps Up SHIB Holdings to 35T; AI Coin Tempts BTC Whales

by Gregory Pudovsky

Revealed: September 21, 2023 at 11:06 am Up to date: September 20, 2023 at 8:08 am

by Nik Asti

Edited and fact-checked:

On this article, we delve into the dynamic fusion of cryptocurrency and AI with InQubeta’s groundbreaking $QUBE token. Uncover how $QUBE democratizes AI startup investments whereas empowering the neighborhood to form the long run. Plus, discover Robinhood’s latest acquisition of 35 trillion SHIB tokens, shedding gentle on the evolving dynamics of the crypto market.

AI Coin Tempts BTC Whales

InQubeta is introducing an progressive crypto crowdfunding platform that revolutionizes how AI startups safe funding and interact with their communities. Central to this groundbreaking platform is the $QUBE token, a deflationary ERC-20 token custom-created by InQubeta. The goal is to create a seamless and environment friendly funding course of accessible to all whereas supporting early-stage AI startups.

Via the InQubeta NFT market, AI startups have the chance to lift funds by providing reward and equity-based NFTs. This dynamic ecosystem advantages each undertaking creators and $QUBE token holders, making it the most effective cryptocurrency funding alternatives accessible. The $QUBE token represents a singular funding avenue for these captivated with advancing AI expertise startups.

$QUBE’s deflationary nature is a key function. A 2% tax on buys and sells contributes to a burn pockets, doubtlessly growing the token’s worth over time, making it one of many prime crypto cash to contemplate. Moreover, $QUBE has a 5% promote tax, with proceeds allotted to a devoted reward pool, permitting token holders to earn rewards by way of staking, which is an effective way to earn passive revenue with cryptocurrency.

The intersection of AI expertise and cryptocurrency provides unparalleled development potential, and InQubeta acknowledges the inefficiencies in conventional funding strategies. The $QUBE token and InQubeta’s NFT market leverage blockchain and sensible contracts to create a clear, safe, and democratic funding ecosystem that empowers the expansion of AI expertise startups, making it the most effective cryptos to spend money on now.

InQubeta addresses this problem by bridging the hole between traders and AI startups by way of its platform, which permits fractional funding utilizing $QUBE tokens, making it the most effective cash to spend money on. This method democratizes AI startup investments, making them accessible to a broader viewers, together with these in search of the very best cryptocurrency to purchase at present for long-term good points.

$QUBE, as a deflationary ERC-20 token, provides a singular funding alternative for cryptocurrency lovers seeking to diversify their portfolios. Its purchase and promote taxes, with proceeds allotted to a burn pockets and a reward pool, make it a sexy alternative for individuals who consider within the potential of AI expertise startups, positioning it as the most effective crypto investments.

Go to InQubeta Presale

Robinhood Ramps Up SHIB Holdings to 35T

Robinhood, a well known retail cryptocurrency alternate based mostly in California, has considerably elevated its holdings of Shiba Inu ($SHIB) tokens, amassing a formidable 35 trillion $SHIB tokens throughout a latest shopping for spree. This strategic transfer solidifies Robinhood’s place as a significant participant within the cryptocurrency market.

The acquisition of $SHIB tokens started at the beginning of the autumn season and noticed Robinhood add a considerable 878.5 billion $SHIB tokens to its portfolio. Nearly all of these tokens had been gathered within the largest sizzling pockets owned by Robinhood, which now holds barely over 8 trillion Shiba Inu tokens, equal to roughly $5.8 million in worth.

This transfer represents a major uptick in Robinhood’s Shiba Inu holdings, contemplating they beforehand reported holding of 20 trillion $SHIB tokens, valued at just below $200 million, earlier than embarking on their Shiba Inu shopping for spree.

By increasing its $SHIB holdings to 35 trillion, with an estimated value of $25.5 million, Robinhood is closing the hole with Binance, a worldwide cryptocurrency alternate large. Binance at present holds a formidable 42.13 trillion $SHIB tokens, value roughly $305 million. Binance’s Shiba Inu holdings additionally lengthen right into a public pockets referred to as ‘Binance 8’, containing a further 33 trillion $SHIB tokens, valued at round $245 million.

Whereas Robinhood’s holdings characterize 2% of the whole circulating provide of Shiba Inu, Binance holds a considerable 7.6%, as per the blockchain explorer EtherScan. It’s value noting that Crypto.com, an American crypto platform, is one other vital custodian within the Shiba Inu market, reportedly holding 20% of its complete reserves in $SHIB tokens.

Conclusion

In conclusion, InQubeta’s $QUBE token embodies the way forward for accessible AI startup investments, whereas Robinhood’s enterprise into $SHIB tokens exemplifies the evolving panorama of cryptocurrency. These dynamic developments sign a transformative period the place innovation meets alternative.

Go to InQubeta Presale

Gregory, a digital nomad hailing from Poland, just isn’t solely a monetary analyst but in addition a precious contributor to numerous on-line magazines. With a wealth of expertise within the monetary trade, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is at present devoted to writing a guide about cryptocurrency and blockchain.

Extra articles

Gregory, a digital nomad hailing from Poland, just isn’t solely a monetary analyst but in addition a precious contributor to numerous on-line magazines. With a wealth of expertise within the monetary trade, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is at present devoted to writing a guide about cryptocurrency and blockchain.