Analysts forecast enormous 1000x gains leading to a 21% surge in QUBIC price.
QUBIC, the native token of the L1 blockchain Qubic, has experienced a significant surge of 21% within the past 24 hours. Analysts are predicting a potential rise of 1000x during the anticipated altcoin season.
As of now, QUBIC is being traded at $0.000007, with a 24-hour trading volume of 2.60 million, marking an 84.5% increase according to CoinMarketCap data. The token currently holds a market cap of $616.33 million.
Qubic is a community-driven project that focuses on the development of artificial intelligence (AI) infrastructure through a decentralized network. Led by founder Sergey Ivancheglo, the platform introduces innovative concepts such as useful-Proof-of-Work (uPoW) and Quorum consensus to fuel global innovation. At its core lies Aigarth, an advanced AI system that utilizes billions of neural networks to simulate the complexity of the human brain.
Qubic’s unique approach to Initial Public Offerings (IPOs) allows users to invest directly in smart contracts and earn passive income, democratizing investment in blockchain technology.
The recent surge in the QUBIC token can be attributed to Braver Crypto, a renowned trader on X, who expressed a highly optimistic view on the QUBIC token. In a post on May 6th, the trader highlighted the remarkable growth of the token, noting that its value was only $350 per billion with a market cap of $18 million just seven months ago.
The analyst predicts a potential increase of 1000x, reaching $350k per billion (or $0.00035 per token). Braver Crypto also mentioned several positive developments and expectations surrounding QUBIC that could contribute to its projected surge. This includes the anticipated bullish trend in the altcoin market, upcoming listings on GATE CEX, other centralized exchanges (CEX), the launch of QX DEX, and the introduction of the first meme token, CFB.
Furthermore, potential partnerships and integrations with platforms such as XCHNG, a blockchain-based advertising solutions platform, and collaborations with major corporations like Microsoft and HSBC at the QUBIC Asia event, could significantly enhance QUBIC’s value.
The integration of AIgarth L2, which has achieved a level of intelligence comparable to human intelligence, and the implementation of a feeless system with token burns further contribute to the positive outlook for QUBIC.
Braver Crypto concluded by forecasting a 2000x return on investment from the initial $350 per billion buy-in by the end of the current bull market.
For more information, read: Bitcoin climbs above $60k after US labor market report.
