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Meme coins are trending higher. Floki Inu (FLOKI) is topping charts, driven by news of the $10 million boost. Analysts and investors now say FLOKI may follow in the path of Dogecoin (DOGE).
On the other hand, the InQubeta (QUBE) presale continues to gain traction. The project plans to merge the potent crypto and AI industries.
InQubeta presale in focus
InQubeta is trending ahead of its launch.
The project offers a crowdfunding model that supports the growth of AI tech startups.
Opportunities presented by vetted AI startups are minted as NFTs.
In the ongoing presale, QUBE is available for $0.0245 in stage eight, raising $10.7 million. Of the 975 million tokens set aside for the public presale, 848 million have already been sold.
Only about 10% is left to complete this stage, after which the tokens would be sold at $0.028, a 300% increase from the initial price of $0.007.
QUBE will launch at a proposed price of $0.0308.
Token holders enjoy governance rights. As such, they can participate in decision-making.
Additionally, a token burn feature will gradually reduce token supply.
Moreover, stakers receiving rewards from a dedicated pool funded by a buy-and-sell tax. Notably, the same NFTs can be traded in the internal NFT marketplace.
Floki Inu soaring
DFW Labs has renewed its commitment to improving Floki Inu ecosystem, pledging $10 million. This amount is double the $5 million investment Floki received in May 2023.
According to the company, the investment will be moved from the FLOKI Treasury, spanning two years.
This strategic move is set to boost the dominance of the Floki Inu project.
Following this news, FLOKI is up 40%, outperforming DOGE and Shiba Inu (SHIB).
Dogecoin rallying
Following a sluggish performance over the past months, Dogecoin has finally picked up, crossing the $0.12 mark.
DOGE, which fell off its position in the top ten cryptocurrencies by market capitalization, has reclaimed its place, trading at its highest level since November 2023.
Additionally, on DOGE perpetual exchanges, the coin’s open interest stands at over $1 billion.
The coin is up by over 30%, surpassing a market cap of $18 million.
Conclusion
FLOKI and Dogecoin are trending higher, riding the current Bitcoin and crypto uptrend. Amid this, InQubeta is also in focus, adding 340% in the ongoing presale.
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