Qubetics powers Ethereum scaling with EVM compatibility, FET leads AI blockchain, Monero faces market volatility
In a world increasingly reliant on digital transactions, traditional financial systems often suffer from inefficiencies, resulting in long transaction times and high fees. These challenges can stifle innovation, hinder economic growth, and make it difficult for businesses and individuals to thrive. Qubetics is making waves in the cryptocurrency space by offering EVM compatibility, one of the most sought-after features in blockchain technology. This powerful feature allows developers to seamlessly deploy and extend their existing Ethereum-based tools and decentralized apps (dApps) on the Qubetics platform.
As the Ethereum ecosystem continues to dominate the blockchain space, Qubetics’ EVM compatibility unlocks incredible possibilities for users and developers alike. This exciting development has created a buzz within the Cryptocurrency Presale Discord community, where investors and enthusiasts discuss the future of blockchain innovation. Let's take a closer look at why this is a game changer.
Easily deploy and extend Ethereum tools
The main benefit of EVM (Ethereum Virtual Machine) compatibility is that existing Ethereum apps and smart contracts can be ported to the Qubetics blockchain without major code rewrites or adjustments. Ethereum is one of the most popular and trusted blockchains, with thousands of dApps ranging from decentralized finance (DeFi) platforms to NFT marketplaces.
With Qubetics' EVM compatibility, these applications can now scale faster and more efficiently by taking advantage of the cost-effective gas fees and high transaction speeds offered by the Qubetics blockchain. This interoperability also fosters innovation, as Ethereum developers can experiment and scale their projects across multiple ecosystems.
FET Coin rally: Riding the AI wave with Coinbase futures listing!
Artificial superintelligence (FET) is gaining momentum thanks to its unique combination of AI and blockchain technology. As a result, Coinbase Futures will list FET-PERP on October 5th, allowing for speculative trading and broader market exposure. In recent trading, FET coin rose nearly 4% in less than 24 hours, riding the wave of growing interest in AI. This jump coincides with Nvidia stock hitting a six-week high today, reflecting growing confidence in the AI and technology sector. AI-based coins like FET and Injective (INJ) are profitable, Nasdaq data shows.
XMR price slump and market volatility
Meanwhile, Monero (XMR) faces challenges. Monero price analysis on October 7 highlighted high volatility as the cryptocurrency fell below the $150 milestone and showed signs of bearish pressure. XMR attempted a bullish push towards $175, but was unable to maintain momentum and the price retreated to $148.
Monero's struggles stand in contrast to the broader crypto market, where bullish sentiment has seen other major players such as SUI and APT register gains of 15.56% and 5.13%, respectively, over the past 24 hours.
conclusion
In conclusion, Qubetics' EVM compatibility is poised to transform the way developers extend Ethereum apps, providing a seamless and cost-effective environment for innovation. Meanwhile, FET's role and recent rise in the ASI Alliance shows the growing power of AI blockchain. . Meanwhile, Monero is currently facing challenges with price volatility, highlighting the unpredictable nature of the crypto market. Together, these developments illustrate the dynamic landscape of blockchain technology, where innovation and adaptation are key to thriving in a high-speed digital world. As Qubetics prepares for its presale, it promises exciting opportunities for investors looking to join this transformation journey, especially in the crypto presale Discord community where insights and strategies are shared.
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Disclosure: This is a sponsored press release. Always do your research before buying any cryptocurrency or investing in any project. Read the full disclosure here.
