Cardano (ADA) At Risk of Steeper Correction Amid Market Downturn; Memecoin (MEME) Faces Decline; InQubeta Top Pick After Market Turbulence

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The market downturn took many by surprise, especially the newbies. Or is the bull market over already? Considering historical data, dips aren’t exclusive to bear markets; pullbacks and price corrections are present even in a bull market.

Amid the latest market downturn, Cardano (ADA) risks a steeper correction, while Memecoin (MEME) trades on the downside. However, InQubeta (QUBE) has emerged as a shield against market turbulence—if you were seeking a hedge.

InQubeta, an emerging crypto, is quickly becoming a favorite among investors. Its intriguing blend of AI and crypto makes it even more bullish, set to skyrocket after its market debut—the best new crypto to invest in.

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InQubeta (QUBE): Becoming a Hedge Against Market Uncertainties

InQubeta (QUBE) continues to trade on the upside, oblivious to the market shift. Becoming a hedge against market turbulence, it soared past $13.2 million in early funding this week. Its outlook post-launch is also promising, with experts predicting explosive growth.

The presale is in the final stage and a token costs only $0.028—ridiculously undervalued. With confidence in its potential through the roof, analysts predict a 60x swing after its launch, making it a recommended presale and a bullish wave to take advantage of.

However, its upside potential is just one side of the puzzle; its innovative concept represents the other. Standing at the intersection of AI and blockchain, it will transform the fast-rising AI sector through blockchain. Following a unique path, it will build the first-ever crypto-based crowdfunding platform for AI tech startups.

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Its custom-built NFT marketplace will serve as the hub for all fundraising and investment activities. By minting investment opportunities as equity-based NFTs on this marketplace and offering them to investors, startups will raise capital. Further, through its fractional investment model, investors can own stakes in groundbreaking AI ventures.

Cardano (ADA): Fear of Further Downside

Cardano (ADA) is a popular name in the crypto landscape and one of the best altcoins. From its critical role to its leading status, it is among the best coins to invest in. However, considering current market conditions, investors have been opting for new altcoins like Wormhole, Starknet and DYM, among others, ahead of ADA.

Following Bitcoin’s peak and subsequent decline, Cardano was one of the top altcoins that took the biggest hit. The bulls have been running aimlessly and have been unable to gather momentum since then. ADA faces even more bearish pressure due to rising competition and the fear of further market downturn.

Analysts have been voicing opinions, predicting Cardano’s fall below $0.5 in the coming days. It remains to be seen if this forecast will play out or not. Hopefully, it doesn’t, bearing holders in mind.

Memecoin (MEME): Bears’ Riot Continues

Memecoin (MEME) burst into the limelight in 2023, experiencing massive investor interest. The first quarter of 2024 wasn’t any different, as it competed against red-hot Solana memecoins like dogwifhat and Bonk during the market upswing. However, it wasn’t spared during the latest market downturn, experiencing a significant price drop.

With fears of further decline, investors have been selling their Memecoin holdings in hopes of offsetting their losses. As a result, its meme ranking has dropped—no surprises there. As long as the wider market downturn continues, MEME might likely lose older support in the coming days.

Despite this, Memecoin is still among the best meme coins. Moreover, a comeback is around the corner—it is a bull market after all. Hence, this dip can be a great buying opportunity, positioning investors for more gains during its imminent upswing.

Conclusion

While Cardano faces the risk of further decline and Memecoin trades on the downside, InQubeta has become a go-to investment for investors hoping to shield themselves from market turbulence. With the presale selling out fast and nearing its launch, you can become an early holder through the link below.

Visit InQubeta Presale 

Join The InQubeta Communities

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