<p><strong>Qubic coin (QUBIC) has exploded onto the crypto scene and generated huge buzz in recent weeks. In just the last 24 hours, the coin price surged 40%, and over the past 30 days it has skyrocketed from $0.0000003 to around $0.00003 currently.</strong></p>
<p>Crypto investor Braver <a href="https://x.com/BraverCrypto/status/1724072023557554181?s=20" target="_blank" rel="noopener noreferrer nofollow">posted</a> on X (Twitter) that QUBIC has become his largest holding, surpassing KAS. He regretted not investing more in QUBIC earlier, saying if he had put in the same amount at $.000771 and $.001 as he did at his average price of $400/billion, he would have reached his goal of financial freedom 2 years sooner.</p>
<p>So how can you get your hands on this hot new crypto? The only exchange currently offering QUBIC trading is<a href="https://safe.trade/trading/qubicusdt" target="_blank" rel="noopener noreferrer nofollow"> SafeTrade</a>. You’ll need to create an account, deposit USDT and then trade for QUBIC on the QUBIC/USDT pair.</p>
<p>Major listings on bigger platforms are expected in the coming months.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="431" src="https://captainaltcoin.com/wp-content/uploads/2023/11/image-314-1024x431.png" alt="" class="wp-image-376083" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/image-314-1024x431.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-314-300x126.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-314-767x323.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-314-1536x647.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-314-2048x862.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-314-356x150.png 356w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-314-100x42.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-314-831x350.png 831w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-314-788x331.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-314.png 1266w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="but-what-exactly-is-qubic-and-what-makes-it-valuable">But what exactly is QUBIC and what makes it valuable?</h2>
<p>QUBIC is the utility token that powers the Qubic platform. Qubic refers to these tokens as Qubic Units (QUs), which act as a measurement of computational “energy” spent on executing smart contracts, accessing oracle data, and other actions on the network.</p>
<p>Unlike normal crypto tokens, QUs are burned when used, contributing to a balance between inflation and deflation. Every 7-day epoch produces 1 trillion QUs, mostly allocated to Computors, the backbone nodes of Qubic. The unique tokenomics encourage efficiency – Computors operating suboptimally will see lower yields.</p>
<p>The total supply is capped at 1000 trillion excluding emission coins, and won’t reach that point until at least 2041. At that time, the burn rate may match or exceed the emission rate, plateauing supply growth. However, miner rewards are guaranteed in perpetuity through built-in economic drivers. If supply approached 999 trillion QUs, the network would initiate a 1 trillion QU burn each week to maintain miner incentives.</p>
<p>With its novel tokenomics and parabolic growth, Qubic has captured the attention of the crypto world. As major exchange listings arrive, it seems poised for even greater gains in the months ahead.</p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/why-is-qubic-the-next-microcap-altcoin-primed-for-a-kaspa-like-explosion/" rel="noopener noreferrer nofollow">Why is QUBIC the Next Microcap Altcoin Primed for a Kaspa-Like Explosion?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why is QUBIC the Next Microcap Altcoin Primed for a Kaspa-Like Explosion?

Table of Contents

CaptainAltcoin

Other articles published on Nov 13, 2023

Bitcoin funding rates mimic a $69K BTC surge! What you must know

Cboe Digital Announces Launch Date For Margined Bitcoin And Ether Futures

LINK To Be ‘Universal Gas Token’? Sergey Nazarov Explains Potential for Rapid Chainlink Adoption

🔄Technical Report

Crypto Startup Targets Becoming Next Solana or Cardano After Raising Millions

Marathon Digital Launches Bitcoin Mining Project Powered by Hydro Energy

Join our free newsletter for daily crypto updates!