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On Feb 6th, Binance (BNB) announced that it would be moving towards delisting Monero (XMR) and some other top DeFi projects. The exchange has two reasons for this move: promoting a healthy ecosystem and negligence on the part of some projects. The announcement has had a massive impact on crypto prices, sending the value of XMR to multi-month lows.
On a more positive note, the upcoming AI cryptocurrency platform, InQubeta (QUBE), has been the talk of the town for months now. The platform's mouthwatering offerings and presale performance have earned it a cult following of investors confident in its potential to deliver on promised gains. Its QUBE token's non-stop rally makes it a recommended presale to invest in thanks to surge expectations of over 1,560%, cementing it as a rival of top tokens like Litecoin (LTC).
Let's explore Binance's delisting intent while discussing InQubeta's bullish potential.
In 2024, the growth of artificial intelligence could be a massive game changer for cryptocurrency investors who are smart enough to recognize the potential. The recent industry environment shows the rise in AI-related investment, and InQubeta is looking to bring the best of both worlds to investors. The platform offers investment in equity-based NFTs tied to AI growth. The result is a future-proof platform that combines the best that digital investment offers with all the perks of DeFi, making it the best crypto investment of the year.
With an estimated worth of over a trillion dollars by the end of the decade, holders of investments linked to the AI sector are sure to earn remarkable returns. This potential is why investors have been flooding into the QUBE presale. The platform's offerings of passive income through QUBE staking and other rewards have also boosted the token's status as the best crypto investment to earn massive gains.
Thanks to its appeal, InQubeta has outperformed some top DeFi projects by delivering a 220% surge, rallying from its initial $0.007 to $0.0224. The presale event, capped at 975 million QUBE tokens, has already sold over 795 million, showcasing high demand for the token. InQubeta has raked in over $9.7 million and is gunning for the $10 million milestone. Investors who get in now will gain over 37% when QUBE launches on decentralized exchanges. These metrics show innovation and pace that strongly hint at InQubeta's explosive potential. Experts following the project are confident in the platform's potential to deliver a 1,560% surge.
Last year, due to regulatory pressure, Binance was strong-armed to delist multiple cryptocurrencies from its exchange. Binance's move to delist Monero and other tokens from its platform is reportedly based on safeguarding a healthy crypto space and the presence of fraudulent behavior. With this decision, Binance will remove all trading pairs linked to XMR. All orders will be removed, and withdrawals won't be available until mid-May this year.
Monero was quick to react to the news. The token responded by falling to a low of $136, shedding around 19% of its value. Binance is not the only exchange to delist XMR. Last year, OKX also cut out the token from their platform. Despite this removal of privacy tokens, including Monero, some industry experts still see it as the wrong move for Binance. A cryptocurrency trader, John Brown, recently commented that while this move is terrible for XMR, he mainly considers the delisting to be the slow death of Binance.
Although the clampdown on privacy tokens might lead to the demise of Monero, the same can be said for Binance, especially since the tokens that it is about to delist are top cryptocurrencies. Meanwhile, InQubeta is on track to outpace many DeFi projects. With expectations for Bitcoin to lead the market in the next bull run, the potential for QUBE to skyrocket is very likely. For investors who missed the opportunity to get in during the early stages, there's a recommended presale bonus of 15% more QUBE on each purchase.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
