Jupiter rising after JUP airdrop, Cardano and InQubeta in focus
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The Jupiter (JUP) airdrop is trending following its recent spike in trading volume. Meanwhile, Cardano (ADA) and InQubeta (QUBE) are also gaining attention. InQubeta has raised over $8.6 million in its presale.
InQubeta presale
InQubeta has a unique concept of blending artificial intelligence (AI) and cryptocurrency.
It aims to create a crowdfunding platform for crypto tech startups to address issues related to low liquidity in AI.
Investors can buy equity-based NFTs to own stakes in AI businesses regardless of their income.
In stage 7 of its presale, QUBE is available for $0.0224.
Jupiter’s trading volume spike
Jupiter is a decentralized exchange aggregator built on Solana.
It provides liquidity infrastructure for the Solana ecosystem.
The excitement around the JUP airdrop lifted Jupiter’s trading volume.
Currently, Jupiter is a dominant DEX, taking on Uniswap.
Despite the initial excitement, JUP prices remain under pressure, falling as holders liquidate.
Cardano to rally?
Optimists believe that the U.S. SEC will approve a spot Cardano ETF in the future.
Though the initial excitement around the spot Bitcoin ETF lifting prices, the excitement waned, and altcoins fell.
Still, ADA supporters are bullish.
Conclusion
Rising volumes lifted JUP to the top 100 coins. Meanwhile, investors are closely monitoring Cardano and InQubeta.
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