Bitcoin’s (BTC) price has grown by 66% during the first quarter of 2024 thanks to its halving event due on April 19 and the people investing in BTC ETFs bringing in billions of dollars in inflows. BTC set a new all-time high (ATH) on March 14 and more records are expected to be set as its next halving draws closer.
Arkham Intelligence recently revealed that the fifth wealthiest Bitcoin whale recently transferred over $6 billion to three wallets. That was the first time the balance of over 94,500 BTC had been moved in five years. The transactions left only 1.4 BTC in the whale’s account.
Meanwhile, InQubeta (QUBE) has also emerged as a favorite among whales as its presale flew past its $10 million initial funding goal, raising over $12.8 million so far. The popular NFT crypto is working on making artificial intelligence (AI) investments more accessible than they’ve ever been by creating a decentralized finance space on its blockchain. It’s on course to raise as much as top crypto coins like the Binance Coin (BNB) raised during its presale.
InQubeta (QUBE) declared the best coin to invest in with the potential to earn 100x returns
The success of InQubeta’s presale shows it could be one of the best DeFi coins ever launched once its investment space is up and running. The emerging crypto provides an alternative way to obtain equity and rewards from AI startups without having to jump through hurdles as is often the case with conventional investment channels.
InQubeta brings blockchain technology to the fastest-growing tech sector, providing a mutually beneficial environment for firms seeking funding and investors looking to become part owners of interesting companies that might play a major role as the AI revolution unfolds.
InQubeta’s status as the first cryptocurrency to focus on democratizing access to AI investments positions it for huge growth as investments in AI-focused firms grow. More than $120 billion already backs AI and that figure is projected to be more than $1.5 trillion in the next several years.
Investing in AI without the hassle of traditional investment firms
InQubeta’s ecosystem will help free up the entry of capital into the AI space by using a crowdfunding approach to making investments in the space open to all. AI startups generate capital by creating non-fungible tokens (NFTs) on its Ethereum (ETH) launched blockchain that are digital representations of investment opportunities.
These tokens are sold on InQubeta’s NFT marketplace to investors and other funding sources. Like stocks, their value rises as their makers grow their market shares. These ERC20 coins can be resold to other users on the marketplace at any time, providing lots of liquidity to all those who use the ecosystem.
Whale transfers over $6 billion in Bitcoin (BTC)
Massive amounts of BTC being transferred anywhere besides exchanges by whales often indicate bullish sentiments in the broader Bitcoin community. With a halving event due in less than a month, many expect BTC’s price to grow considerably before and after it occurs as has historically been the case.
The inflow of capital from ETFs should lead to more growth this time around, compared to previous halvings.
Sui (SUI) surges 15% in the past week, while Monero (XMR) drops 9%
Buying up SUI is a good crypto investment right now as its price has grown by 15% in the last 30 days. That brings its year-to-date growth to 143%. Monero hasn’t been as fortunate, losing 21% of its value so far in 2024. Its prices might pump and dump in the coming months, but it remains a risky investment.
Summary
BTC, QUBE, and SUI are three of the best cryptocurrencies to buy now to earn huge returns before the year ends. QUBE has the most growth potential thanks to the solution it provides to people looking to invest in AI. Some analysts have its prices surging 10,000% once launched on exchanges in the coming months.
