5 Cryptos that could turn $100 to $1000

The cryptocurrency market is known to hold the key to financial freedom. Despite the uncertainty in the market and its volatile nature, cryptocurrency projects have the potential to deliver king-sized investment returns. There are many projects such as Polygon and Arbitrum that could easily turn $100 to $1000. These projects are powered by innovative ideas and groundbreaking technologies that have transformed the traditional financial landscape.

Providing strong competition to these giants is a new innovative project known as InQubeta (QUBE). Leveraging the technologies of AI and blockchain, the InQubeta team has created the world’s first cryptocurrency crowdfunding platform, especially for AI-driven startups. Powered by the Ethereum network, its native token QUBE offers a variety of earning opportunities to its community. Favored by many experts, the QUBE token has the potential to become the top ICO of 2023.

1. InQubeta Gaining Focus as the World’s First Cryptocurrency Crowdfunding Platform

InQubeta’s AI-focused fundraising platform has become the new talk of the town with its remarkable success during the presale. The project is in its third presale stage and has already amassed a fund of over $2.4 million with around 86% of tokens allocated to the stage already sold. The currency price of its native cryptocurrency is $0.0112.

The company is at the forefront of merging the two most trending technologies of artificial intelligence (AI) and blockchain to create an ecosystem that is accessible and democratic in nature. The founders have capitalized on the growing investment concerns faced by AI-driven startups, especially those lacking the connection and resources to the traditional Silicon Valley Investors. Though these startups are at the forefront of innovations introducing the world to the ideas of machine learning and robotics, most fail because of the inadequacy of funds required to drive their growth.

How does InQubeta help? The platform is a marketplace where startups can list their NFTs and add lucrative options like equity and profit-sharing to attract potential investors. InQubeta’s marketplace allows investors to evaluate and choose the NFTs that suit their interests and budget and buy them using the network’s in-house token, QUBE. Once the NFTs have been purchased, the corresponding startup receives the funds required to propel their growth.

The newly launched cryptocurrency, QUBE is a hotspot for innovation and earning. Built on the Ethereum network, this deflation currency is designed to have a well-planned incentive structure. Other than its holders participating in staking and governance, this new altcoin is used as a primary means to indulge in fractional investment. Through the platform’s mutually beneficial structure, the investors gain exclusive access to the startup’s products and services, and a take in the profit and equity of the company. A 5% buy and sell tax of every QUBE transaction is allocated to the reward pool and the other 2% goes into a burn wallet to enhance the value of the token over time, making it a good cryptocurrency to buy now.

The novel idea of fractional investment fostering the participation of individuals from all sectors of life has allowed InQubeta to gain abundant traction in the cryptocurrency market. Security firms auditing its smart contract have shared positive views on the potential of this project which is currently rising up the list of top cryptocurrency ICOs of 2023.

Get ahead of the curve and participate in InQubeta’s transformative journey by visiting the presale site.

2. Arbitrum announces shift to a Decentralized Autonomous Organization (DAO) Structure

Arbitrum is one of the most popular Ethereum layer two solutions designed especially to reduce network congestion and transaction costs. The network makes use of the optimistic roll-up technology to achieve speed, scalability, and cost efficiency on the Ethereum network. As per this technology, the Arbitrum network submits batches of transactions to the Ethereum mainnet which offloads much of its work and data storage, eventually enhancing the network’s efficiency.

The native cryptocurrency of the Arbitrum network is represented by the ticker symbol ARB. ARB is the core of the network and has recently been recognized as a governance token after the network announced the shift of Arbitrum One and Arbitrum Nova to a decentralized autonomous organization (DAO) structure. This new altcoin has won the heart of the crypto community with the promise to offer several advantages of compatibility, flexibility, scalability, and decentralization without compromising the security of the network.

There is no limit to the innovation Arbitrum brings to its community. The network intends to follow an ambitious roadmap for 2023 with the year starting with the airdrop of ARB to early users and developers building on Arbitrum. The company also has plans to launch its own layer 3 solution, Orbit, to enable developers to deploy programs written in popular programming languages. Backed by several utilities, ARB lands among the good cryptocurrencies to buy for long-term returns.

3. Polygon’s Layer-2 Solution Emerging as one of the Top Cryptocurrency Coins in the Market

The Polygon platform was created in 2017 under the name Matic Network. It is a layer two solution on Ethereum that allows developers to build and deploy their own network compatible with the Ethereum blockchain in a convenient manner. The network also allows the transfer of data and tokens of Ethereum-based projects with one another using the Matic sidechain. The main component of the ecosystem is Polygon SDK, which converts Ethereum to a full-fledged multi-chain system solving the problems of scalability and mass adoption.

At the heart of the Polygon ecosystem is the native token, MATIC. MATIC plays a primary role in securing the Polygon network and giving its holders the right to governance of the network’s protocol. This ERC 20 token finds its utility as a payment service on Polygon and is used to pay the transaction fees on Polygon sidechains in addition to settling the currency between users who operate within the ecosystem. MATIC has emerged as one of the top cryptos to invest in due to its focus on scalability and interoperability. As the Polygon network thrives as a layer on the Ethereum blockchain, it derives its security from the primary layer. However, it stands apart through its approach towards scalability and providing a framework for building Ethereum-compatible projects. The network utilizes the proof-of-stake consensus mechanism to secure the network and mint new coins over time.

The validators responsible for verifying the transactions and adding new blocks are required to stake MATIC tokens as collateral and in return will receive more tokens as rewards. The holders of this new altcoin can also choose to delegate their tokens to another validator while still being a part of the staging process and enjoying the rewards. The Polygon network has a thriving cryptocurrency community and has the potential to emerge as a top cryptocurrency coin in the market.

4. Hedera Announces its Next Token Unlocking Event in September

Hedera is a decentralized ledger that enables businesses and individuals to create decentralized applications in a fairer and more efficient manner. The team at Hedera believes that distributed ledger technology has the potential to disrupt and transform the existing market. To facilitate its wider acceptance, the five fundamental obstacles of performance, governance, regulatory compliance, security, and stability must be addressed. Hence, Hadera presents itself as a public hash graph network and governing body designed to address these problems and increase its mainstream adoption.

The in-house cryptocurrency of the Hadera network is HBAR which serves a dual role within the ecosystem making it one of the best altcoins available in the market. HBAR powers the Hedera services like smart contracts, transactions, and file storage. It is also used to secure the network where the holders of the HBAR tokens can stake them to draw benefit from its reward pool. The company recently announced the release of around 1.5 billion HBAR tokens by September increasing its net supply in the market.

Positioning itself as an alternative to traditional blockchain networks with enhanced speed, security, and efficiency, HBAR has garnered notable focus in the cryptocurrency market. It lands among the top cryptocurrencies to invest in with its potential to generate substantially high returns.

5. Cardano’s Growing Popularity as One Amongst the Top 10 Cryptocurrencies in the Market Today

Cardano positions itself as a platform for innovators, changemakers, and visionaries and promises to possess the tools and technologies required to bring about a positive global change. Cardano is a third-generation blockchain after Bitcoin and Ethereum with a more scalable, secure, and efficient alternative. The network enables the creation of decentralized applications (dApps) and smart contracts without the involvement of third parties in the background.

The native cryptocurrency of the network is ADA. The token is named after a 19th-century mathematician Ada Lovelace, regarded as the world’s first computer programmer. The ADA token is designed to fuel the entire operation within the network and provides the right to governance to its holders. As one of the biggest blockchain networks successfully implementing the proof-of-stake (PoS) consensus protocol, ADA is one of the top ICOs in the market.

The network’s native blockchain is divided into two different layers to satisfy separate functions: the Cardano Settlement Layer (CSL) and the Cardano Computational Layer (CCL). The settlement layer facilitates the peer-to-peer transaction of ADA tokens whereas the computational one is used to execute smart contracts within the network. The new blocks that are discovered and added to the blockchain are called Ouroboros. Cardano is known to have stood the test of time and ranks among the top ten cryptocurrencies in the market today.

Conclusion

If you are interested in participating in a promising crypto venture, these top five cryptocurrency coins present themselves as an answer to which cryptocurrency to buy today for long-term returns. These altcoins have demonstrated a high growth potential backed by several use cases. However, analysts and investors globally believe InQubeta’s crowdfunding platform will emerge as one of the top cryptos to invest in this year.

Backed by a loyal community of early buyers, the QUBE presale has been a great success so far. QUBE is a deflationary currency enabling the holders to engage in trading, staking, and participating through the fractional investment route. The platform has gained immense popularity through its unique approach which is designed to benefit both the AI startups and potential investors equally. Crypto analysts globally recognize InQubeta’s project as a promising new cryptocurrency that has the potential to disrupt the traditional investment process.

Visit InQubeta Presale

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Exit mobile version