Blockchain
QUBIC price rises 21% as analysts predict huge 1000x gains
QUBIC, the native token of the L1 Qubic blockchain, is up 21% in the last 24 hours as analysts predict a potential 1000x increase in a early altcoin season.
At the time of writing, QUBIC is trading at $0.000007 with a 24-hour trading volume of 2.60 million, up 84.5% according to data from CoinMarketCap. The asset has a market capitalization of $616.33 million.
24 Hour QUBIC Price Chart | Source: CoinMarketCap
Qubic is a community-driven open source project focused on developing artificial intelligence (AI) infrastructure across a decentralized network.
Led by founder Sergey Ivancheglo, the platform introduces innovative concepts such as useful proof of work (uPoW) and quorum consensus to power global innovation. At its heart is Aigarth, an advanced artificial intelligence system that uses billions of neural networks to mimic the complexity of the human brain.
Qubic’s unique approach to initial public offerings (IPOs) democratizes investing in blockchain technology, allowing users to invest directly in smart contracts and earn passive income.
The latest surge in the QUBIC token comes as Braver Crypto, a well-known trader on X, recently expressed a very optimistic view on QUBIC, the native token of the Qubic blockchain.
On May 6th sendthe trader highlighted the token’s remarkable growth, pointing out that its value was just $350 per billion with a market capitalization of $18 million just seven months ago.
The analyst predicts a potential increase of up to a staggering 1000x, reaching $350,000 per billion (or $0.00035 per token).
Additionally in its tweet, Braver Crypto elaborated on several positive developments and expectations regarding QUBIC that could fuel its expected surge. He said that the altcoin market should turn bullish again soon, which would benefit the token.
Furthermore, the token is initially expected to list on CEX GATE, followed by further listings on other centralized exchanges (CEX). Also announced was the launch of QX DEX and the introduction of the first meme token, CFB.
Furthermore, Braver Crypto has hinted at significant potential partnerships and integrations that could increase QUBIC’s value, including inevitable listings on the blockchain-based advertising solutions platform, XCHNG, and collaborations with major companies such as Microsoft and HSBC at the QUBIC Asia event.
According to the analyst, the integration of AIgarth L2, which has reached a level of intelligence comparable to that of humans, and the introduction of a free system with inevitable token burn further strengthen the bullish outlook for QUBIC.
Braver Crypto concluded by predicting a 2000x return on investment from the initial buy-in of $350 per billion by the end of the current bull market.