PancakeSwap Announces V4 Upgrade with Custom Pools; The Graph and Ascending AI Altcoin Garner Investor Confidence
In Brief
CAKE, QUBE, and GRT are some of the best altcoins you can invest in right now. QUBE has the most growth potential because of the solutions it provides to people looking for easier access to AI investments
The decentralized exchange (DEX) PancakeSwap (CAKE) released the fourth version of its codebase on March 15, along with a white paper. The new version allows for flash accounting and liquidity pools, which should help lower gas fees on its ecosystem.
PancakeSwap’s team also plans to launch a development fund to help pay for further improvements to its protocols.
PancakeSwap is the third-largest decentralized cryptocurrency exchange with over $2.3 billion in assets being traded in its ecosystem. Its V4 upgrade is expected to be launched in the third quarter of 2024 and it should help propel prices of its native token, CAKE.
InQubeta (QUBE) also recently passed a significant milestone as its presale enters its ninth stage after raising over $12 million. The emerging crypto looks to offer easier access to artificial intelligence (AI) investment opportunities, providing an alternative to those who don’t have access to conventional investment mediums due to not meeting geographic or income requirements.
The Graph (GRT) is another AI-focused cryptocurrency that’s expected to enjoy substantial price growth in 2024. It’s enjoyed 59% growth in the past month and there’s lots of room for more growth given how far its price is from the all-time high (ATH).
InQubeta (QUBE) emerges as the best DeFi crypto around
InQubeta has been a favorite among investors ever since its presale started. It has now exceeded its initial funding goal of $10 million and its token sales are comparable to what top crypto coins like Ethereum (ETH) enjoyed during their initial coin offerings.
InQubeta inherits the functionality of the Ethereum network, which is its parent blockchain, allowing its developers to create a unique investment space in its ecosystem.
AI startups can secure funding for their projects on the InQubeta network by digitizing investment prospects being offered into non-fungible tokens (NFTs). These are sold to investors on the marketplace, giving both parties what they seek.
Investing in AI today is like backing companies like Netflix during the early 2000s as the internet revolution built up momentum. Many of those who saw the threat these companies posed to traditional video rental stores, which have now gone extinct, and invested appropriately, have built generational wealth from their investments.
It is quite obvious that artificial intelligence is on its way to reshape how many industries operate and what daily life looks like. Those who back AI-focused firms that end up providing useful solutions position themselves to earn substantial profits. InQubeta intends to give everyone access to such investment opportunities.
PancakeSwap V4 upgrade set to launch in Q3 2024
PancakeSwap’s new V4 upgrade is set to launch in a few months and it will integrate hooks into the protocol which are customizable add-ons that can be created by developers to add more features to liquidity pools.
The new code will also help to minimize gas costs by consolidating all pools into a single contract. The upgrade will optimize the accounting process with flash accounting, which allows batches of transactions to be processed collectively.
PancakeSwap’s new code is being launched under an open source license and developers can become affiliates and fork its code. The DEX also plans to launch a $500,000 developer fund to fund the creation of hooks by independent developers.
The Graph (GRT) poised for more growth
GRT’s price has enjoyed decent growth in the past month and it’s holding steady above the $0.35 support level after breaking the $0.48 resistance level. Tokens are relatively cheap right now and more bull runs will probably occur as Bitcoin’s halving event approaches.
Summary
CAKE, QUBE, and GRT are some of the best altcoins you can invest in right now. QUBE has the most growth potential because of the solutions it provides to people looking for easier access to AI investments.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
