QUBIC Price Surges with Analysts Predicting Massive Gains

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

The native token of the L1 blockchain Qubic, known as QUBIC, has experienced a significant 21% increase in value over the past 24 hours. Analysts are optimistic, projecting a potential 1000x growth during an upcoming altcoin season.

Currently, QUBIC is being traded at $0.000007, with a 24-hour trading volume of 2.60 million, marking an 84.5% increase based on CoinMarketCap data. The total market cap of the asset stands at $616.33 million.

Qubic is a community-driven open-source project that focuses on building artificial intelligence infrastructure through a decentralized network. Lead by Sergey Ivancheglo, the platform introduces innovative concepts such as useful-Proof-of-Work (uPoW) and Quorum consensus to drive global innovation. Aigarth, at its core, is an advanced AI system that uses billions of neural networks to replicate human brain complexity.

Unlike traditional Initial Public Offerings (IPOs), Qubic democratizes investments in blockchain technology, allowing users to directly invest in smart contracts and earn passive income.

The recent surge in the value of QUBIC follows a positive outlook from Braver Crypto, a prominent trader on X. Braver Crypto expressed optimism regarding the potential growth of QUBIC, which was valued at just $350 per billion with an $18 million market cap seven months ago.

Anticipating a potential increase of 1000x, leading to a value of $350k per billion (or $0.00035 per token), Braver Crypto highlighted various positive developments expected to push QUBIC forward. Among these factors is the optimistic outlook for the altcoin market and expectations for bullish momentum, benefiting QUBIC in the process.

Furthermore, QUBIC is set to be listed initially on GATE CEX, with plans for additional listings on centralized exchanges (CEX) in the future. The launch of QX DEX and the introduction of CFB, the first meme token, were also announced.

In conclusion, Braver Crypto forecasted a 2000x return on investment from the initial $350 per billion buy-in by the end of the ongoing bull market.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Hut 8 Wins Bid for Poolin's Texas Datacenter Sites

Hut 8 has successfully bid $140 million for two datacenter sites owned by the bankrupt mining company Poolin.

user avatarLucas Weissmann

Senate Banking Committee Democrats Request Hearing on Prediction Markets

Democratic members of the Senate Banking Committee request a public hearing to examine the growing issue of prediction markets and their regulatory implications.

user avatarFilippo Romano

Crypto Economic Activity Remains Strong Despite Market Downturn

Crypto economic activity has shown resilience despite a significant drop in market capitalization, indicating a shift in market dynamics.

user avatarEmily Carter

Visa's Research Highlights Trust as a Barrier to Stablecoin Adoption

Visa's research highlights that trust and fraud protection are essential for stablecoin adoption, with 36% of US respondents considering their use, especially with bank-level protections.

user avatarTomas Novak

Cardano's Onchain Governance Approves New Treasury Allocations

Cardano's governance system has approved a new round of treasury allocations aimed at infrastructure and ecosystem development.

user avatarKaterina Papadopoulou

Galaxy Invests $100 Million in Onchain Credit Infrastructure

Galaxy has invested $100 million in Sky Protocol's yield-bearing sUSDS, integrating it into its corporate treasury and allowing it as collateral for institutional trading.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.