ERC-404 Experimental Token Standard Sparks Debate; Avalanche (AVAX) Trades in Tandem With the Bullish Market; InQubeta (QUBE) Races Towards $10M in Presale

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While the crypto community is still excited about the upcoming Wormhole airdrop—a snapshot of eligible wallets has already been taken—a new narrative has emerged: the ERC-404 experimental token standard. This novel token standard has been met with mixed reactions.

Meanwhile, in the crypto market, Avalanche (AVAX), one of the top crypto coins, has been on a roll, trading in tandem with the overall bullish market. Further down in the ICO world, InQubeta (QUBE), one of the most promising new ICOs and emerging crypto, races towards $10 million in presale.

InQubeta (QUBE): Impressive Presale Activity

InQubeta (QUBE) continues its impressive presale performance, nearing the astounding $10 million fundraising milestone. Its remarkable presale performance, with over $9.7 million in early funding, is on the back of its novelty and staggering upside potential.

In the seventh stage of the presale, a token costs only $0.0224, and analysts tip it for a 70x rally after launch. This makes it a recommended presale and perhaps the best new crypto to invest in, which explains the frenzy around this top ICO.

While its staggering upside potential is one of its key appeals, it has so much more to offer. It stands at the intersection of AI and blockchain and seeks to transform the fast-rising AI sector. Some of the pressing issues it aims to address are fundraising and accessibility, which it will achieve by building a crypto-based crowdfunding platform and an NFT marketplace for AI fundraising and investment activities.

ERC-404: Aye or Nay?

There is a new sensation in the crypto community: the ERC-404 experimental token standard. It was conceived by the pseudonymous developers behind the Pandora project, and it blends the functionalities of ERC-20 and ERC 721 tokens into a single “semi-fungible” digital asset. Its unique proposition lies in the fractionalization of NFT ownership, meaning multiple wallet holders can share ownership of a single NFT.

This novel and experimental token standard has been met with opinions ranging from excitement to skepticism. It is hailed as a “game-changer” in some quarters, while others express reservations.

Those singing its praise have hailed ERC-404 as a potential catalyst for real-world asset tokenization on Ethereum, lauding it as a groundbreaking advancement. Nevertheless, proponents and supporters are warned not to get carried away with excitement as it awaits official acceptance and review as an Ethereum Improvement Protocol.

Avalanche (AVAX): Trades Alongside the Bullish Market

Avalanche (AVAX) is among the top altcoins on the market. It plays a key role in the blockchain space, making it a favorite among investors and pushing its price up.

A wave of excitement recently rushed into the community following a price surge, with Avalanche hailed as one of the best cryptos to buy now. Analysts aren’t left out either, predicting an explosive surge in the coming weeks.

According to forecasts, Avalanche will hit $50 in the coming weeks, which makes it a good crypto to buy. To position yourself for significant gains, AVAX is a bullish wave to take advantage of.

Conclusion

The crypto industry doesn’t shy away from innovation or evolution, with ERC-404 a new narrative that has taken the sector by storm. Nonetheless, its introduction has been met with mixed reactions. Meanwhile, Avalanche and InQubeta have emerged as altcoins to watch. If you wish to participate in the ongoing QUBE presale, click the link below.

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