Blur (BLUR) Sees 7.05% Price Drop from Whale Selling; Injective (INJ) & InQubeta (QUBE) Draw Top Investors

2023-12-14 12:52:04

blur cryptocurrency images on digital background. 3d illustration. The crypto market is witnessing a mix of fluctuations and investor interest. Blur (BLUR) has recently experienced a 7.05% price drop, largely attributed to substantial selling by whales and institutional investors. Meanwhile, two top altcoins QUBE and INJ are drawing significant attention from top investors, showcasing the diversity of this market.

InQubeta (QUBE): A Narrative of Innovation and Growth

Lately, AI and Blockchain have been teaming up to be the next big thing in the coming decade. But, for a lot of people, getting into these emerging tech ventures can be tough. Maybe they don’t have a ton of money to invest, or they just don’t have the right resources. That’s where InQubeta comes in. They’ve figured out a way to connect the world of cryptocurrency with AI startups, making it easier for more people to get involved.

This innovative platform set out to completely change the game in AI startup investments. The introduction of the QUBE token, it’s opened up a world of opportunity for people to get involved in AI projects. This move is a big step forward in making these kinds of investments reachable for people outside the usual Silicon Valley circle.

The QUBE token, a deflationary ERC20 coin, fuels the eco by allowing its investors to own a fraction of a popular NFT, representing equity in their chosen AI company. In addition, for each trade involving QUBE, 2% of that transaction is burnt, while 5% is reserved for staking rewards. As a holder, you get to enjoy not just the company’s success but also the rising value of the token. The impressive achievement of its ongoing presale, already crossing the $6.7 million mark, shows how a top ICO performs.

As InQubeta progresses towards its goal, it’s drawing increased attention from top-tier investors. Its unique approach to integrating AI with blockchain technology and its commitment to creating a democratic investment eco make it an attractive proposition in the crypto world.

Blur (BLUR): Facing a Whale-Induced Downturn

BLUR, trading at its intraday low, has experienced a significant 7.05% decrease in value within a single day. The downward movement in BLUR’s price has been closely linked to the selling activities of whales and institutional investors. Lookonchain, a respected on-chain market analytical platform, has brought to light substantial selling activity from these market movers, amounting to a staggering 16.5 million BLUR.

This action of offloading large quantities of BLUR onto the market has undoubtedly contributed to the token’s price drop, reflecting a shift in confidence among some of its major holders. Highlighting the intensity of this selling spree, Lookonchain reported that one particular whale was responsible for depositing a significant 2.54 million BLUR onto the Binance exchange. This move is not just a mere transaction; it symbolizes a strategic decision that can have ripple effects across the BLUR market.

Injective Protocol (INJ): A Technological Breakthrough

Injective Protocol is a high-tech standout in the world of crypto, built to cut out the middleman in trading. Its technology speeds up and secures how orders are lined up, tapping into DEX liquidity and stopping things like front-running and collisions. The INJ token is the key here – it helps keep the network safe, lets people have a say in decisions, and motivates users. All this works together to make the protocol more efficient and reliable.

Conclusion

In the midst of all the ied trends in the crypto market, InQubeta stands out as a symbol of innovation and possibility. Its approach to making AI startup investments more accessible to everyone through the QUBE token brings a whole new angle to the crypto world. At the same time, the ups and downs in BLUR’s value and the tech progress being made by top DeFi projects like Injective show just how lively and constantly changing the cryptocurrency market is.

Visit InQubeta Presale

Join The InQubeta Communities

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.