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Cryptocurrency News Articles

Ripple's Automated Market Maker Unleashes DeFi Revolution on XRPL

Apr 05, 2024 at 11:24 pm

Ripple (XRP) recently launched an automated market maker (AMM) protocol on its XRPL blockchain, enabling decentralized finance capabilities and cross-chain interoperability with over 50 blockchains. Meanwhile, InQubeta (QUBE), aiming to open up investments in artificial intelligence, has surpassed its $10 million presale goal with $13 million raised, potentially outperforming ICOs of established cryptocurrencies like Solana (SOL).

Ripple's Automated Market Maker Unleashes DeFi Revolution on XRPL

Ripple Unleashes Automated Market Maker to Revolutionize DeFi on XRPL

Ripple (XRP) has taken a monumental leap forward in unlocking the transformative potential of decentralized finance (DeFi) on its XRPL blockchain. With the launch of its highly anticipated automated market maker (AMM) protocol, the ecosystem is poised to expand its decentralized capabilities and foster cross-chain interoperability across a vast network of over 50 blockchains.

This transformative development will enable the XRP Ledger to host a comprehensive suite of DeFi services, empowering developers to create innovative applications that leverage the blockchain's scalability, security, and low transaction costs. The XLS-30 AMM protocol will serve as the backbone for decentralized exchanges, liquidity pools, and various other DeFi functionalities.

"The launch of our AMM protocol marks a pivotal milestone for the XRPL ecosystem," stated a Ripple spokesperson. "It lays the foundation for a robust DeFi infrastructure that will empower our community to explore new frontiers of financial innovation."

InQubeta Emerges as a Frontrunner in AI Investment

In the realm of altcoin investments, InQubeta (QUBE) has emerged as a standout performer, attracting widespread attention for its mission to democratize access to artificial intelligence (AI) investment opportunities. The project's presale has surpassed its initial $10 million funding target by a remarkable margin, with over $13 million pouring into the campaign. This achievement surpasses the funding raised by established cryptocurrencies like Solana (SOL) during their respective initial coin offerings (ICOs).

InQubeta addresses the glaring disparity in investment opportunities for individuals who fail to meet the stringent income and net worth requirements imposed by traditional financial institutions. The platform empowers retail investors with an efficient, accessible, transparent, and secure alternative for investing in the burgeoning AI sector.

Transforming AI Investment through DeFi

InQubeta leverages a cutting-edge crowdfunding model to create an inclusive investment ecosystem, opening up the AI sector to the vast global population that lacks access to conventional banking services. With the advent of InQubeta, owning a cryptocurrency wallet becomes the sole requirement for participating in AI investments.

AI startups gain an invaluable platform to secure funding for their groundbreaking projects. The platform tokenizes investment opportunities into non-fungible tokens (NFTs), ensuring authenticity and uniqueness. Investors can seamlessly verify the legitimacy of each ERC20 coin on InQubeta's Ethereum network-developed blockchain.

Accelerating AI Innovation

Artificial intelligence is poised to reshape the world as we know it, offering immense potential for transformative technologies and applications. The global AI market is projected to surpass $1.5 trillion by 2030, positioning InQubeta for substantial growth as investors flock to the platform to tap into this burgeoning industry.

Ripple's Vision for Cross-Chain DeFi

The integration of the AMM protocol with cross-chain messaging platforms like Axelar will amplify its reach, enabling DeFi services to connect and interoperate seamlessly across multiple blockchains. Ripple's chief technology officer, David Schwartz, emphasized the strategic significance of the AMM, stating that it has been in development for nearly two years.

Investment Recommendations

QUBE and XRP stand out as exceptional altcoin investments with high growth potential. XRP has demonstrated steady growth this year, while its developers continue to enhance the blockchain's capabilities. QUBE, on the other hand, is poised for a surge of up to 10,000% upon launch, making it a compelling investment opportunity for those seeking exposure to the AI sector.

Call to Action

Join the InQubeta community and partake in the presale to secure your investment in the future of AI.

Disclaimer: This article is not intended as investment advice and should not be construed as such. Cryptocurrency investments are subject to market fluctuations and should be approached with caution. Consult with a qualified financial advisor before making any investment decisions.

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Other articles published on Nov 19, 2024