Google Bard, an AI-powered chatbot like ChatGPT, has given a positive outlook for the Ripple coin. Meanwhile, two top DeFi coins, Avalanche and InQubeta, have withstood the price fluctuations in the crypto market.
Ripple (XRP) in a Tight Consolidation Phase, Google Bard Predicts Rise To $0.8
Despite other cryptocurrencies having moved up recently, Ripple has been stable in the last few weeks. Ripple (XRP) has been traded at a low of $0.611006 and a high of $0.653433, according to CoinMarketCap.
The token’s place in the crypto market has been influenced by the low price movement. Ripple is the 6th largest coin in terms of its market cap, which is around $34 billion. The Solana token has emerged as one of the best altcoins being used right now and recently overtook Ripple.
Despite the current downfall, Google Bard predicts that Ripple will make a comeback soon. Recently, Ripple has provided an exceptionally low increase of 4.1% and 6.2% in the past week and month, respectively. The current price may see an increase to $0.8 in the coming weeks, but only if the market conditions improve.
InQubeta (QUBE) Token Skyrockets 150%
InQubeta’s native token, QUBE, is currently priced at $0.01925 per unit. This represents an increase of 150% increase since the beginning of the presale. Even though InQubeta is still in the presale stage, it is being labeled as one of the best DeFi projects. So, what is InQubeta?
InQubeta is an Ethereum-powered platform where startups working with artificial intelligence projects can raise funds for their innovation. For a startup looking to fundraise on InQubeta, the first step is to decide what they can offer investors in return for funding.
This could be an equity stake in the startup or other types of rewards. Once they’ve decided on the reward, it’s represented as an NFT. Potential investors can then browse InQubeta’s NFT marketplace to look for the best NFT to invest in. One interesting thing is that these NFTs are fractionalized.
This allows investors to buy just a part of an NFT, depending on what they can afford. If an investor is interested in what a startup has to offer, they can use their QUBE tokens to purchase the whole NFT or a fraction of it.
The InQubeta team has also put in place a 12-week vesting period for all purchased tokens. The strategy is to release the tokens to the market gradually. The aim is to prevent a sudden increase in supply. Such an increase could negatively impact the token’s price, which could affect the returns for token holders.
Avalanche (AVAX) Soars Over 100% in December
The price of Avalanche (AVAX) rose to $49.42 earlier in the month. The platform experienced a remarkable increase right after it released 9.45 million AVAX tokens.
This implies that there is a robust request for Avalanche, even with high quantities in the market. The demand for Ethereum is heavily fueled by gas prices. This has made Avalanche an attractive and more affordable option.
On the weekly chart, Avalanche price fell by 8.8% and currently stands around $41. However, the monthly chart shows an increase of 105%. The price of Avalanche is expected to increase by 7.95% and reach $45.10, as estimated by Google Bard.
Final Words
According to Google Bard, Ripple, Avalanche, and InQubeta could see more price growth in the future. However, Google Bard picked InQubeta as a notable project out of the list.
With ongoing presale funding of over $7.7M, Google Bard’s tagged InQubeta as the best cryptocurrency for new and experienced investors.
