The Graph Extends Reach Over 40 Blockchains, Spotlight on Monero and Litecoin Emerging Rival

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In a step towards making its network more accessible, The Graph (GRT) recently expanded its ‘subgraphs’ feature to more than 40 blockchains. The move can help the crypto project push its adoption and spur innovation. Analysts believe that the expansion also cements The Graph’s dominance among the top crypto coins.

The other altcoin that has emerged as a blue-chip asset in recent times is InQubeta (QUBE). The Ethereum-supported platform is used for crowdfunding by AI startups. 

Its success has also prompted Litecoin (LTC) and Monero (XMR) communities to rethink their positions.

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InQubeta: Helping AI startups up their game 

On InQubeta, all payments are made with its native cryptocurrency, the QUBE token. The coin is built with the ERC-20 standard which makes it compatible with leading Web 3.0 wallets. 

It connects crypto users with startups with an NFT portal to facilitate investment deals. With a presale funding of over $12.8 million, InQubeta is topping the list of recommended presales.

The token’s supply has an upper limit of 1.5 billion and it’s divided between different use cases to allow for the platform’s unhindered growth. 

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It’s also considered a good crypto to buy because of its deflationary character — a trait that can come in handy when the markets are going through a tough phase. If there is an uptick in inflation rates or volatility, the feature restricts the token supply. As the asset becomes scarcer in the market, its value rises. 

Even as other asset groups face price fluctuations, the QUBE token can sail smoothly under tough market conditions due to its deflationary mechanism. 

All QUBE token holders have the onus of seeing that only necessary protocol changes are implemented. Voting is used to review the scope of a suggested change and token holders must act in the best interests of the platform and flag their concerns. 

Shopinbit to co-sponsor MoneroKon 2024

Considered one of the best altcoins to buy now, Monero has carved a niche for itself as a privacy-centric token. Through the use of leading technologies, it allows crypto users to make secure and fast online payments from anywhere in the world. 

The proof-of-work platform’s native token is known as XMR and is used for settling all payments within the network. 

The Monero platform recently hit the headlines after announcing that Europe-based crypto store Shopinbit will be participating in Monerokon 2024 (Monero’s flagship event) as a contributor-level sponsor. 

To be held in Prague in June, the conference would bring together different stakeholders from the crypto industry for insightful discussions.

Litecoin wallet addresses cross the $8 million mark

Litecoin is a decentralized asset used globally for high-speed digital transactions. Its native token, LTC, is one of the best crypto investments available in the market today because of its minimalist code architecture. 

The LTC token has gained global fame with its mining rewards that rival those of leading cryptocurrencies. Currently, miners get 12.5 LTC tokens for every block they produce.

The cryptocurrency unlocked a new milestone after its number of wallet addresses hit 8 million on March 28, 2024. To reach the mark, the platform added around 1 million addresses in the last 12 months.

The Graph draws developers with its ‘Sunray Phase’

The Graph is an indexing protocol that helps developers organize blockchain data for building decentralized solutions. Its native token GRT is the official medium of exchange on the platform.

The platform’s key feature ‘subgraphs’ can be accessed by more than 40 blockchain networks. 

The protocol left the developer community impressed with its ‘Sunray Phase’. The upgrade was wrapped up in March 2024 and would allow developers to leverage Web 3.0 securely. 

Conclusion

InQubeta, Litecoin, Monero, and The Graph have regularly bagged a spot on analysts’ list of favorites due to their soaring growth trajectory. The coins are good cryptos to buy if people seek consistency and user-friendly frameworks. 

Market experts have suggested that the growth spurt in these cryptocurrencies is connected to their recent milestones. 

Whether it’s sponsors lining up for Monero’s international conference, Litecoin’s wallet addresses crossing 8 million or The Graph posting a new upgrade, these initiatives have helped the tokens reach out to a larger audience. 

InQubeta’s AI-based model has been a major crowd-puller. The QUBE token is driving a global wave of financial inclusion by giving crypto users a convenient and fuss-free way to invest in AI projects.

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