Dogecoin Emerges as Potential Tesla Payment Method; AI Altcoin Rides on Solana’s Market Success
Tesla CEO Elon Musk is well known for his patronage of Dogecoin (DOGE) and sending the crypto community into a tizzy with his tweets about the meme coin. In the past, his cryptic tweets about Dogecoin have helped the token make new gains.
During a recent interview, Musk expressed his support for using Dogecoin for payments at Tesla. Market experts are closely watching if Musk’s recent statement plays out in the coin’s favor.
The other altcoin that seems to be making waves in the market is InQubeta (QUBE). The Ethereum-based portal helps startups raise funds for their AI projects from crypto users and grow their businesses.
With a presale funding that recently crossed $12.1 million, the altcoin has been rising following Solana’s (SOL) rally.
InQubeta has created a native cryptocurrency for all transactional purposes within its ecosystem. Called the QUBE token, the coin has a supply of 1.5 billion, of which 65% is to be sold to interested buyers. Targeting the AI sector, InQubeta provides mentorship and marketing services to emerging startups.
The coin’s availability varies with market conditions as it has a deflationary model. The deflationary model makes the token scarcer in the market when volatility or inflation rises. The supply gap helps the token value rise even as the prices of other asset categories fluctuate. The QUBE token’s relative stability in times of crisis has strengthened its position as a good crypto to buy.
The platform has a decentralized autonomous organization (DAO) model where token holders take center stage. Any proposal for an upgrade or addition of new features is put to a vote where all token holders participate. The process ensures that all community members have a say and that
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