The bitcoin bull market has encouraged MEME coins such as DOGE, SHIB and PEPE, while Chainlink and new AI copycoins are favored by retail investors
2024-12-05 09:38

Over the past 30 days, the cryptocurrency market has experienced an optimistic trend. The leading cryptocurrency, Bitcoin, broke previous records and showed amazing momentum. The bull market has boosted popular memes such as Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE), which are among the top 100 cryptocurrencies.


Although the BTC showed a large correction after hitting the new ATH, this fits with the pattern before the halving event. It has begun to rise again, indicating that profit-taking is slowing and the bull market continues.


And at the same time, Chainlink (LINK) and the new artificial intelligence copycat InQubeta (QUBE) have made huge strides in the market. As a result, they are favored by retail investors, seeking promising cryptocurrency projects that will double their portfolio this year.InQubeta The approach to promote partial investments in AI startups enhances its appeal as one of the high-yielding  copycoins.


This article explores the popularity of InQubeta and Chainlink among retail investors during the Bitcoin bull market driving Dogecoin, Shiba Inu and Pepe.

 

InQubeta (QUBE): Provide some investment opportunities for AI start-ups

InQubeta, the leading cryptocurrency crowdfunding platform, has won over from retail investors. Providing some investment opportunities for AI startups through its native QUBE tokens, the new DeFi encryption platform is reshaping the way AI startups raise money and interact with the community. The  QUBE token, operating within the Ethereum blockchain, is a deflationary ERC20 token that is an interesting way to invest for those keen to increase their cryptocurrency portfolio.


InQubeta The QUBE is also designed as a governance token, making it ideal for individuals looking for the DeFi cryptocurrency on the market. This feature allows token holders to actively participate in the decision-making process on the platform. As a governance token, QUBE gives holders the ability to propose ideas, participate in discussions, and vote on the development, function, and strategic direction of the platform.


The unique deflationary nature of QUBE tokens further enhances its appeal to retail investors seeking DeFi cryptocurrencies to expand their portfolio. A 2% tax on buying and selling burned wallets causes token deflation, while a 5% tax stimulates a dedicated pool of rewards. The new DeFi crypto mechanism allows token holders to mortgage their assets, providing an attractive opportunity for those bullish on the growth potential of AI technology startups.


Bitcoin (BTC): Analysts expect the outlook to be optimistic

Bitcoin has experienced significant bullish momentum since early March. However, after hitting an all-time high, profit-taking soon led it to fall again, falling to around $61,000. It has since started to recover, but uncertainty remains below key resistance levels at $66,500, depressing investor sentiment. With the eagerly anticipated bitcoin halving looming in more than a month, there is speculation about whether the historical model will appear again, which could lead to the price drop before the halving.


Popular analyst Rekt Capital has warned that bitcoin could soon enter what he calls a "danger zone," a period historically linked to price declines before the halving event. Instead, Crypto. [] com CEO Kris Marszalek interpreted the recent price correction as a positive market correction, suggesting that the value of BTC may gradually rise in the coming months. Many analysts see this as a period of consolidation before the bull market continues to soar.


Dogecoin (DOGE): Elon Musk's speech increased the value of the token

The bull market caused Dogecoin to soar, and then both price and value fell. Despite the recent decline, DOGE's chart shows a significant 78% increase over the past month. According to Santiment data, daily active addresses have declined in the past week.


In a public speech at Tesla's manufacturing plant in Berlin, Tesla CEO Elon Musk hinted that the "future" could be an acceptable payment method for Tesla's cars. Mr.Musk's comments have boosted further gains in the value of the asset.


The SHIB coin burn has sparked discussion about its future

Shiba Inu In the cryptocurrency bull market, a large number of SHIB addresses were transferred to dormant wallet addresses, which sparked the curiosity of the Shiba Inu community. About 37 million tokens were destroyed and withdrawn from circulation, according to the Shibburn platform for monitoring the SHIB destruction.


The ongoing SHIB destruction has sparked discussion about the ability of the copycat coins to break the $0. [] 0001 threshold. Although the Shiba Inu has seen an impressive 170% surge in the past 30 days, the recent market downturn has led to lower prices.


The PEPE price evaluation showed a 400% surge

Pepe was a prominent figure in the meme coin phenomenon, experiencing a favorable trajectory, reducing a zero during the surge. As the focus of the meme coin craze shifts, the fading interest in PEPE has become apparent.


The price of PEPE has fallen recently, falling 21% in the past seven days. Still, Pepe's gains were significant, with monthly reviews showing prices soaring by more than 400%.


The partnership between LINK coins and Paxos shows a bright future

After Paxos adopted Chainlink's PayPal USD (PYUSD) price feedback, Chainlink was favored by retail investors, making it one of the stablecoin issuers of . This integration enables users to access PYUSD accurate, trusted, and decentralized market data on the blockchain.


Through this partnership, Chainlink ensures that users have reliable access to PYUSD price data on the network. This approach also helps to build secure markets for applications that integrate with PYUSD. The move heralds a bright future for LINK.


Conclusion

Bitcoin's bullish signals have sparked a surge in interest in memes such as Shiba Inu, Dogecoin and Pepe. Although the surge has now cooled, many consider it a consolidation period in line with the previous halving event. In the meme coin boom, retail investors have also shown strong interest in InQubeta and Chainlink, which are considered one of the copycoins to achieve profits.


InQubeta The goal of connecting investors to AI startups has attracted widespread attention. With InQubeta pre-orders still ongoing, investors have the opportunity to participate in the AI revolution. QUBE tokens can be purchased on official websites using cryptocurrencies such as ETH, BTC, or USDT.