Ripple ($XRP), the pioneering blockchain company behind the cryptocurrency $XRP, recently made the announcement to re-lock 800 million $XRP tokens (worth $400 million). This measure is intended to set Ripple on a new course in the world of cryptocurrencies. There is similarity InQubeta’s innovative 100X deflation model. Ripple’s decision to pursue a similar deflationary model by re-locking their $XRP coins reflects the trend of seeking innovative approaches to increasing the utility and scarcity of cryptocurrencies.
InQubeta is a crypto ICO that introduced an innovative concept in the form of a 100x deflationary model. This model involves burning a portion of the token supply with each transaction, causing the total supply to gradually decrease. The idea behind this model has made it an exciting crypto investment as it creates scarcity and incentivizes long-term holding, which in turn can lead to price increases.
In this article, we will examine Ripple’s key decision and explain the implications and intricacies of InQubeta’s model.
InQubeta ($QUBE): Reshaping the crypto landscape with a unique deflationary model
InQubeta is a premier DeFi project that aims to harness the full potential of blockchain technology to develop a practical solution for the artificial intelligence (AI) field. InQubeta has achieved a prominent position in the cryptocurrency space by providing an accessible investment platform for AI startups. InQubeta’s solid business strategy and deflationary ($QUBE) coin are attracting a lot of interest and standing out in the highly competitive crypto markets.
InQubeta offers a unique investment opportunity for crypto investors who want to diversify their portfolio using a unique 100x deflationary model. Deflationary coins are created and protected through methods that gradually reduce the coin supply. This reduction often occurs through coin burning, whereby certain coins are permanently removed from circulation, or by redistributing coins to those who actively engage in certain activities such as staking. The main goal of this crypto ICO is to increase the coin price while reducing supply and turning it into a profitable investment over time.
With $QUBE, 2% of taxes from purchases and sales go into a “burn wallet” and another 5% into a special prize pool. Investors can earn potential profits by participating in coin staking. The successful verification of InQubeta’s smart contract through hacking has increased investors’ confidence in the reliability and security of their platform. The presale of this premier DeFi project has already raised over $2.9 million and the coin value is expected to increase with each successive step. That’s why InQubeta has recently been repeatedly touted as one of the best crypto investments.
Ripple ($XRP): Transforming Finance Through Blockchain Technology
Ripple is a cryptocurrency that specializes in facilitating cross-border payments. As an open-source platform, $XRP encourages everyone involved to contribute to the seamless processing of transactions. Ripple is committed to strengthening blockchain technology and working hard to promote industry compliance and credibility.
Ripple recently made a significant move by re-locking 800 million XRP (worth $400 million) from the pool of 1 billion XRP tokens released on September 1st. Since 2017, new tokens have been released regularly every month, allowing Ripple to bring fresh tokens to the market. This time, $XRP has chosen to hold a significant number of the released tokens in escrow, which could potentially influence the coin price soon.
Conclusion
Ripple’s decision to re-lock 800 million $XRP tokens and adopt a deflationary model similar to InQubeta’s is a bold and strategic move. This underlines Ripple’s commitment to $XRP and belief in the long-term potential of this cryptocurrency. This decision could increase scarcity, increase investor confidence and bring innovation to the crypto market.
InQubeta is on the rise, offering distinctive value propositions and capturing market interest with its unique 100x deflationary model. Undoubtedly, this opens up a fascinating new world of possibilities for investors seeking to maximize their returns.
“Investing is speculative. Your capital is at risk when investing. This website is not intended for use in any jurisdiction where the trading or investing described is prohibited and should only be used by persons and in a manner permitted by law. Your investment may not be eligible for investor protection in your country or state of residence. So do your own due diligence. This site is free to use, however we may receive commissions from the companies we feature on this site.”