Pyth Network (PYTH) Launches Price Feed Services on Hedera; Investors Overlook Ripple (XRP) – InQubeta (QUBE) Favored by Whales
The post Pyth Network (PYTH) Launches Price Feed Services on Hedera; Investors Overlook Ripple (XRP) – InQubeta (QUBE) Favored by Whales appeared first on Coinpedia Fintech News
The crypto landscape is filled with exciting developments, from GoDaddy’s recent integration with ENS to Wormhole’s snapshot of an upcoming airdrop. That isn’t all; the overall market rise also ushered in a fresh wave of optimism and confidence.
In recent news—stirring up quite a buzz—Pyth Network (PYTH), a real-time market data provider for blockchain applications, announced support for Hedera (HBAR). On February 26, PYTH announced the launch of the Price Feeds and Pyth Benchmarks services on the Hedera network—a significant move.
Meanwhile, in the crypto market, investors are overlooking Ripple (XRP), which continues to falter despite the overall market rally. Meanwhile, InQubeta (QUBE), an emerging crypto brimming with potential, has become a whale favorite, aiming to ride its huge bullish wave.
InQubeta (QUBE): Why are Whales Doubling Down on the Presale?
InQubeta’s (QUBE) remarkable performance has caught the eyes of whales—rightfully so. It recently blasted past $10.4 million in presale, making it stand out from most of the new ICOs. Not only that, its bullish narrative as an AI altcoin positions it for explosive growth after launch, making it arguably the best new crypto to invest in.
In the eighth stage of the ICO, a token is reasonably priced at $0.0245. With confidence in its potential through the roof, analysts predict a 75x uptick after its launch, which makes it a recommended presale. With a huge wave to be surfed, whales doubling down on the presale comes as no surprise.
Further, its solid fundamentals make it more appealing. Positioned at the intersection of AI and blockchain, two of the world’s most disruptive innovations, it aims to address key issues within the burgeoning AI sector, especially fundraising. To achieve this, it will build the first crowdfunding platform for AI tech startups through cryptocurrency, thereby effectively solving issues relating to funding.
Pyth Network (PYTH): Price Feeds Services Launched on Hedera
Pyth Network (PYTH) is one of the fastest-growing oracle networks. It delivers real-time market data to financial decentralized applications (dApps) across blockchains, which makes it a key player in the crypto space.
In a piece of exciting news, Pyth Network is now live on Hedera. On February 26, the team announced the launch of the Price Feeds—over 400—and Pyth Benchmarks on Hedera, hailed as a significant move. Grace Pfluger, development director of the HBAR Foundation, tagged this development as a major milestone, stating, “Public price feeds are a critical component for growth as lending is often seen as a fundamental point of economic behavior.”
Coinciding with this development, Pyth Network has been on an uptrend. It is among the best performers this week, and with further upsides anticipated, it is one of the best cryptos to buy now.
Ripple (XRP): Dwindling Investor Interest Amid Price Decline
Ripple’s (XRP) underwhelming performance continues, with no end in sight. Despite the overall market experiencing an upswing, its bearish course persists, leaving the community and holders disgruntled.
With no bounceback on the cards anytime soon, XRP has become largely unappealing. Investors have been shifting their attention to more promising altcoins, aiming to ride the market’s bullish wave. Current holders have tough decisions to make, either dumping their bags or HODLing amidst the decline.
Its bearish woes lie in its ongoing lawsuit with the US SEC. With its future hanging in the balance, depending on the direction of the lawsuit, it is uncertain whether or not XRP is a good crypto to buy.
Conclusion
Pyth Network is in the headlines after launching its price feed services on Hedera and also soaring. Meanwhile, XRP’s downtrend continues, resulting in investors overlooking it for more promising opportunities. On the other hand, InQubeta has emerged as a whale favorite, and you can ride its massive bullish wave by clicking the link below.