QUBIC, the native token of the L1 blockchain Qubic, has experienced a significant surge of 21% in the past 24 hours, with analysts predicting a potential 1000x rise during the upcoming altcoin season.
Currently, QUBIC is trading at $0.000007, with a 24-hour trading volume of 2.60 million, marking an 84.5% increase according to data from CoinMarketCap. The token boasts a market cap of $616.33 million.
Qubic is a community-driven, open-source project that aims to develop artificial intelligence (AI) infrastructure through a decentralized network. Spearheaded by founder Sergey Ivancheglo, the platform introduces innovative concepts like useful Proof-of-Work (uPoW) and Quorum consensus to drive global innovation. At its core lies Aigarth, an advanced AI system that harnesses billions of neural networks to emulate the complexity of the human brain.
Qubic’s unique approach to Initial Public Offerings (IPOs) democratizes blockchain technology investments, enabling users to directly invest in smart contracts and earn passive income.
The recent surge in the value of the QUBIC token follows a positive assessment by Braver Crypto, a prominent trader on X. In a recent post, the trader highlighted the token’s remarkable growth, noting its value was just $350 per billion with a market cap of $18 million seven months ago.
Braver Crypto foresees a potential 1000x increase, projecting a value of $350k per billion or $0.00035 per token. The trader also mentioned several positive developments and expectations surrounding QUBIC that could contribute to its anticipated surge, including the optimistic outlook for the altcoin market.
Additionally, QUBIC is set to be listed on GATE CEX, with plans for further listings on other centralized exchanges (CEX). The launch of QX DEX and the introduction of the first meme token, CFB, have also been announced.
Braver Crypto also highlighted potential partnerships and integrations that could drive QUBIC’s value, such as listings on the blockchain-based advertising solutions platform, XCHNG, and collaborations with major corporations like Microsoft and HSBC at the QUBIC Asia event.
The integration of AIgarth L2, which has achieved a level of intelligence comparable to human intelligence, along with the introduction of a feeless system and token burns, further contribute to the positive outlook for QUBIC.
Braver Crypto concludes by predicting a 2000x return on investment from the initial $350 per billion buy-in by the end of the current bull market.