Ripple’s XRPL Expands with DeFi Synergy & Investors Bullish on AI Altcoin’s Future Performance

The post Ripple’s XRPL Expands with DeFi Synergy & Investors Bullish on AI Altcoin’s Future Performance appeared first on Coinpedia Fintech News

Ripple (XRP) has just made a significant move to unlock various decentralized finance capabilities on its XRPL blockchain as it launches its automated market maker (AMM) protocol that was developed on its blockchain. 

The release of the AMM is expected to expand the decentralized capabilities of the XRP Ledger and allow for cross-chain uses among over 50 blockchains. XRP already hosts a decentralized exchange on its blockchain, but the XLS-30 AMM protocol will allow it to add some of the more advanced features decentralized finance ecosystems have incorporated in the past couple of years. 

While we’re on the topic of top DeFi projects, InQubeta’s (QUBE) objective to open up investment opportunities in the artificial intelligence (AI) sector has been quite a hit with investors. Its presale has since soared past its original $10 million funding goal as $13 million has poured into its presale. It’s now raised more capital than some top crypto coins like Solana (SOL) did during their ICOs. 

Best altcoin to invest in today: InQubeta (QUBE) expected to surge 10,000% once launched

InQubeta looks to serve as an alternative for the many people who don’t qualify to use conventional investment channels due to issues like not meeting income or net worth requirements. These practices have reserved the best investment opportunities for the world’s elites, but InQubeta aims to solve that problem once and for all by providing a more efficient, accessible, transparent, and secure investment channel than traditional options. 

This is a huge development for all those looking to invest in AI as its viability increases among the 1.4 billion people who don’t have access to banking services. Thanks to InQubeta, owning a cryptocurrency wallet is the only requirement needed to invest in AI in its ecosystem. 

A modern investment solution

InQubeta uses a crowdfunding model to create an investment space that highlights how big a role decentralized finance will play in the future as it opens up the financial services to many people who have historically not been able to participate. 

AI startups also get an easier way to secure funding to advance the products or services they are working on. These firms get to tokenize investment opportunities into non-fungible tokens (NFTs) that cannot be duplicated. Investors can easily verify how authentic each ERC20 coin is on InQubeta’s Ethereum (ETH) network-developed blockchain. 

The NFTs created are showcased on the marketplace along with background information about their makers. Investors use QUBE, the ecosystem’s governance coin and native currency, to acquire equity in firms they think will innovate in the future by buying fractions of their tokens. Investors can hold on to these tokens for any length of time or trade them to other users for QUBE. 

The future of the artificial intelligence industry

Artificial intelligence has started reshaping how the world works, and it will play an even larger role in the next several years. Investments in AI have surged 1,000% since 2015 and over $1.5 trillion is expected to be invested in the tech by 2030. This positions InQubeta for considerable growth even if only a small portion of these funds flow into its ecosystem. 

Ripple (XRP) makes a major step toward expanding DeFi capabilities

A Ripple spokesperson called the launch of its automated market maker the foundation for the decentralized finance services that will be developed in the future. The AMM will be integrated with cross-chain messaging platforms like Axelar to broaden its reach across various blockchains. 

Ripple Lab’s chief technology officer, David Schwartz, recently revealed that the newly launched AAM has been in development for almost two years. 

Summary

QUBE and XRP are two of the best altcoins to buy today. XRP has only enjoyed 14% growth so far this year, but its developers continue to expand the capabilities of its ledger, and it might be able to resolve its legal issues in the coming months. 

QUBE is predicted to enjoy as much as 10,000% growth when launched, making it one of the best new cryptocurrencies to invest in.

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