The Graph (GRT) rally shows promise, InQubeta presale captures $10M for AI venture funding model

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The Graph (GRT) rally shows promise, InQubeta presale captures $10M for AI venture funding model
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InQubeta is a project that aims to improve funding access for AI startups through crypto-based crowdfunding. This innovative model has...

AI narrative is a hot story in crypto right now following strong earnings reported by Nvidia, a leading designer of graphics processing units . Nvidia’s results highlight the surging demand for AI applications and hardware to support them. This is shining a spotlight on cryptocurrencies related to AI, like RNDR and The Graph , which have seen renewed investor interest., which breached the $10 million mark in its presale.

Other bullish factors noted include a series of higher weekly closes indicating bullish reversal, oversold conditions relative to the all-time high, and positive momentum on technical indicators like the DMI. There is a hosted service already in production that makes it easy for developers to start building dapps on The Graph. Later this year, The Graph plans to launch a fully decentralized network.

Central to making this work are Inqubeta’s ERC-20 QUBE tokens for fractionalizing NFTs into tradable digital assets. QUBE has a fixed max supply and a 2% transaction burn, creating deflationary conditions that could appreciate value over time. This tokenomics model might look attractive for investors.

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