Cardano off SEC’s radar, claims Hoskinson; new AI altcoin makes waves among traders

Cardano off SEC's radar, claims Hoskinson; new AI altcoin makes waves among traders

Many cryptocurrencies and crypto traders have felt the pressure of the regulatory crackdown launched by the Securities and Exchange Commission (SEC) of the United States. Some DeFi companies have tried to stay out of the SEC’s way to safeguard their platforms and avoid lawsuits that could affect their operations and client base. Some other companies, like Cardano (ADA), have stood their ground, with Cardano’s founder, Charles Hoskinson, insisting that ADA will remain safe from the SEC’s radar.

InQubeta (QUBE) is another company making progress in the crypto market, recording incomparable growth within its first few presale stages. This new AI altcoin is already making huge waves among crypto traders and is growing stronger as it gains the trust of prominent crypto whales and investors. InQubeta is one of the few cryptocurrencies making progress in 2023’s turbulent crypto market.

Let’s discover how this new AI altcoin is making waves among traders as we explore why Hoskinson claims that Cardano is off the SEC’s radar.

InQubeta (QUBE) forges ahead with an enviable presale

InQubeta’s presale is in its third stage, raising over $2.3 million. The platform has captured the attention of crypto traders by promising an ecosystem where investors can purchase stakes in AI startups and gain rewards from their investments. This has contributed to QUBE’s presale success, as many crypto traders are looking to invest in DeFi companies that provide opportunities to expand their investment portfolios.

The presale was launched at a DeFi coin price of $0.007, and it has risen to $0.0112 in the 3rd stage. There are seven stages to go in the presale, and each stage will begin with an increase in QUBE’s price. The presale site also offers a 10% bonus to investors who use the “STAGE3” promo code.

At the end of its presale, QUBE will launch at a DeFi coin price of $0.0308, ensuring that presale investors get more value for their money. On the presale end, investors will have access to InQubeta’s community, where they can pick AI startups to support. The AI startups get to create attractive NFTs with rewards and equities to attract investors. Investors are then free to choose companies that match their investment goals. The purchases will be made using QUBE, increasing the token’s value as more investors join InQubeta’s community.

The new AI altcoin will also gain value due to its role as a governance token. QUBE holders will have a say in decision-making as they submit proposals and vote on ideas to take the platform forward. This will increase participation and interest among InQubeta community members.

Cardano (ADA) founder reassures users amid SEC regulatory pressures

Unlike other crypto founders, Charles Hoskinson appears unfazed about ADA’s future in the crypto market. In a recent YouTube interview with Corey Costa, Hoskinson stated that the crypto platform will remain safe from the SEC’s radar despite fears that Cardano may face a lawsuit similar to Ripple Labs’. He alluded that the SEC’s actions may be politically motivated and should not cause alarm among Cardano users.

Cardano plans to continue its regular operations as a blockchain platform that offers a safe and scalable structure for decentralized applications. Cardano uses a unique consensus mechanism to ensure users enjoy faster transaction processing speeds using ADA. Cardano’s founder believes that ADA will remain a safe asset that crypto enthusiasts can utilize for their operations.

Conclusion

InQubeta’s presale has ensured that news of the AI altcoin has permeated most corners of the crypto market as it continues making waves among crypto traders. Many investors have already purchased QUBE tokens in the presale. In light of the SEC’s crackdown on cryptocurrencies, investing in a platform that promises security for your crypto holdings would be best. Buy InQubeta’s presale now, and get ready to increase the value of your portfolio when the token launches officially.

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Mark Peterson: Mark Peterson has been following the crypto market for the past seven years. As a crypto news journalist, he has recently joined our team. He regularly delivers the most recent happenings of the crypto space. He enjoys writing poems and exploring various crypto trading platforms in his spare time.