QUBIC, the main currency of the L1 blockchain Qubic, has soared by 21% in the past 24 hours as experts predict a potential 1000x increase during an anticipated rise in alternative cryptocurrencies. Currently, QUBIC is trading at $0.000007 with a 24-hour trading volume of 2.60 million, marking an 84.5% increase according to data from CoinMarketCap. The asset has a market cap of $616.33 million.
Qubic is a community-driven project dedicated to developing artificial intelligence (AI) infrastructure through a decentralized network.
Under the leadership of founder Sergey Ivancheglo, the platform introduces innovative concepts like useful-Proof-of-Work (uPoW) and Quorum consensus to drive global innovation. At its heart lies Aigarth, an advanced AI system that utilizes billions of neural networks to emulate human brain complexity.
Qubic’s distinctive approach to Initial Public Offerings (IPOs) democratizes investment in blockchain technology, allowing users to directly invest in smart contracts and earn passive income.
The recent surge in the QUBIC token coincides with positive sentiments expressed by Braver Crypto, a prominent trader on X. In a May 6 X post, the trader highlighted the token’s remarkable growth, noting that its value was a mere $350 per billion with a market cap of $18 million just seven months ago.
The analyst anticipates a potential increase to a staggering 1000x, reaching $350k per billion (or $0.00035 per token).
Braver Crypto also elaborated on several favorable developments and expectations surrounding QUBIC that could fuel its projected surge. He mentioned the anticipation of a bullish turn in the altcoin market, which would benefit the token.
Additionally, the token is set for initial listings on GATE CEX, followed by further listings on other centralized exchanges (CEX). The launch of QX DEX and the introduction of the first meme token, CFB, were also announced.
Furthermore, Braver Crypto touched upon significant potential partnerships and integrations that could drive QUBIC’s value, including impending listings on the blockchain-based advertising solutions platform, XCHNG, and collaborations with major corporations like Microsoft and HSBC at the QUBIC Asia event.
The integration of AIgarth L2, which has achieved a level of intelligence comparable to human intelligence, and the introduction of a feeless system with inevitable token burns further reinforce the bullish outlook for QUBIC, according to the analyst. Braver Crypto concluded by forecasting a 2000x return on investment from the initial $350 per billion buy-in by the end of the current bull market.
Summary Review: The recent surge in the QUBIC token underscores the growing excitement and potential surrounding the Qubic blockchain. With innovative concepts driving its development, such as useful-Proof-of-Work and advanced AI systems like Aigarth, Qubic is poised to revolutionize the landscape of decentralized networks. Supported by positive sentiments from traders like Braver Crypto and the anticipation of bullish market trends, QUBIC’s trajectory appears promising. As it continues to forge partnerships, integrate cutting-edge technologies, and expand its presence across exchanges, QUBIC stands as a testament to the transformative power of blockchain technology. Investors and enthusiasts alike are watching eagerly as Qubic charts its course towards a future of global innovation and decentralized prosperity.
Disclaimer: Remember that nothing in this article and everything under the responsibility of Web30 News should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves inherent risks and potential investors should be aware that capital is at risk and returns are never guaranteed. It is imperative that you conduct thorough research and consult with a qualified financial advisor before making any investment decision.
