The first quarter of 2023 stunned everyone after the cryptocurrency market cap crossed the impressive $1 trillion mark. With the market continuing its momentum in the second quarter as well, analysts feel that things are only going to get better in the coming months. If you are looking to upgrade your portfolio, there are several top crypto coins that you can choose from. Some, like InQuebta (QUBE), are even expected to smash a few crypto records. InQubeta is a decentralized fundraising platform for startups leveraging artificial intelligence (AI) for innovative projects.
InQubeta’s launch comes at a time when AI is fast making strides in multiple fields and is being championed for its ability to drive impact. What’s unique about InQubeta is that it caters to the requirements of both startups and investors with equal ease. While startups get to explore genuine fundraising opportunities, the investors get access to promising projects that leverage cutting-edge technologies like AI.
The following list features seven other cryptocurrencies, which like InQubeta, are expected to explode in the third quarter of 2023. It is always a good idea to diversify your crypto portfolio in order to reduce risk in the long-term.
1. InQubeta: The best of AI on a DeFi platform
All that begins well, ends well. Or so it seems in InQubeta’s case which is seeing stellar growth right from its presale stage. Because of its rising popularity, many leading analysts are calling it one of the best cryptocurrency ICOs of 2023. InQubeta bridges the gap between investors and startups and helps them find mutually-beneficial opportunities. As the InQuebeta platform is built on the Ethereum network, it’s not only hyper-efficient but also secure. Its smart contracts have been audited by some of the best security firms in the world.
To ensure all transactions are processed on its network seamlessly, the platform has rolled out a native token called QUBE and it will be the main cryptocurrency of the InQubeta ecosystem. The total stock of the QUBE token has been capped at 1,500,000,000 units. Of this stock, around 65% is allocated for the cryptocurrency ico and the rest of the coins will be used for funding marketing campaigns, paying legal advisors and developers, and public sale. A portion of the supply will also be set aside for maintaining the liquidity and reward pools, but these tokens will be locked for five years.
If you are interested, you can purchase the QUBE token on presale which recently started. Even though there are eight more stages to go, the latest ico has already sold over 80% of the tokens and raised more than $1 million in presale funding.
To get started with InQubeta, startups would first have to create an NFT which would represent what investors will get in exchange for investing in the project. The NFT can represent an equity share in the startup or a similar reward. These digital assets will be uploaded on the NFT marketplace where investors will be able to evaluate them. Additionally, InQubeta offers the option of buying a fraction of an NFT so that individual investors can explore the opportunities it has to offer regardless of budget. Once an investor pays for the NFT or the fractionalized NFT, the proceeds are transferred to the startups.
2. DigiToads: Driving growth with hybrid DeFi
DigiToads is among the new altcoins that were launched in 2023 and it has been drawing a lot of crypto users with its hybrid DeFi model. The USP of its model is that it combines the utility of three crypto tokens – a meme coin, a play-to-earn game, and a staking platform. So, one can stake NFTs, trade crypto assets, win cryptocurrencies in Web 3.0 games, and participate in trading competitions on the same platform. The medium of exchange on the DigiToads network is its native TOADS token.
DigiToads’ play-to-earn game is another reason why so many crypto users are flocking to the platform. The game entails an arena-style swamp where the players have to outperform their competitors. If they make it to the Top 25% of the scorers of a season, they are rewarded with TOADS tokens. If players feel that they need more help to defeat their competitors, they can buy or trade a special digital creature called DigiToad. These creatures can be helpful in the game as they have a lot of strength and special powers.
3. Litecoin: Lightning-fast payments with scalable DeFi infrastructure
Litecoin is among the top coins that one can find in the cryptocurrency market today. The decentralized platform allows its users to make high-speed crypto payments from anywhere in the world. Its other advantages include a secure blockchain-based framework and low-cost solutions. Litecoin was inspired by the Bitcoin protocol but there are some key differences between the two tokens. For instance, while Bitcoin uses the proof-of-work consensus protocol, Litecoin leverages the Scrypt technology.
The other ways in which Litecoin differs from Bitcoin are its hashing algorithm and block transaction times. What’s more, is that Litecoin can process and confirm transactions in minutes which make it a cost-effective alternative to Bitcoin. Its native token is LTC and the coin is the primary cryptocurrency on the network.
4. Bitcoin Cash: A permissionless digital currency
Bitcoin Cash is a spin-off of the Bitcoin blockchain and has been developed as a peer-to-peer digital currency. Its native token is BCH and it’s used for any transactional obligation that one may encounter on the Bitcoin Cash network. Its supply has been capped at 21 million. The platform has gained popularity with its high-speed transactions, micro fees, and large block size of 32 MB. With this large block size, Bitcoin Cash is equipped to handle a significantly higher number of transactions in a second than other blockchain networks.
It can maintain this speed while keeping the fee low and solving issues like payment delays which are common with legacy networks. The transactions on the platform are confirmed through mining. Miners produce new blocks of transactions and if the block is accepted by the platform, they earn BCH tokens as a reward.
5. Toncoin: A top crypto to invest in
Rolled out in 2018, Toncoin was developed by the popular messaging platform Telegram. It’s a Layer 1 blockchain that offers a wide array of blockchain-based tools that can be adopted by the masses. Its native token is TON and it’s used for all transactional purposes on the network like staking. The token has gained popularity for facilitating fast processing and validation of payments.
What makes Toncoin a good crypto to buy is its structure that works on the principle of segmentation or sharding. A sharding feature uses multiple shards or subnets on the same network and each shard will have a specific purpose. The multiple shards help in speeding up tasks by avoiding the accumulation of unverified blocks. The Toncoin network is made up of master blockchains, work chains, and shard chains.
The segmented structure paves the way for seamless interactions and the network functions at unparalleled speed while processing and verifying transactions. On the Toncoin network, one can access a wide array of services like a Web 3.0 wallet for transferring funds and multiple other features, a user-friendly interface, and DeFi tools to build dApps.
6. Tenet: Seamless access to liquid staking derivatives
Tenet can be credited for introducing the average crypto user to the benefits of liquid staking derivatives (LSDs). They can explore the potential of LSDs by using them on the platform for minting stablecoins, adding liquidity to the network, or trading on leverage.
As Tenet uses the diversified proof-of-stake consensus mechanism, users can restake already staked tokens for validating smart contracts that are secured by Tenet’s governance system. It has a native coin called TENET which is the medium of exchange on the network. The platform allows TENET token holders to vote for its native gauges.
7. Chainlink: Leveraging the power of oracles-based network
Chainlink is a Web 3.0 services platform where developers can find state-of-the-art tools for building scalable, secure, and user-friendly dApps. The platform’s powered by an oracles-based network that facilitates seamless interactions between blockchains, payment solutions, and data feeds.
With these interactions, smart contracts get critical off-chain data that they require for executing various tasks seamlessly. The platform’s native token LINK is used for all transactions on the network. On Chainlink, crypto users can earn passive income by becoming node operators who run data infrastructure.
8. Cosmos: A cutting-edge network of interconnected blockchains
Cosmos has been designed as an interoperable network of blockchains, dApps, and other decentralized tools. The Cosmos network is powered by the Inter-Blockchain Communication protocol which enables its users to freely transfer data and assets across blockchains.
It also has a native token called ATOM and it bankrolls all transactions on the network. The Cosmos network has three layers. The first one is the application layer where all transactions are processed. Next comes the networking player where all data and asset transfers take place. The last layer is the consensus layer where nodes operate.
Conclusion
The above-mentioned eight cryptocurrencies are some of the most utility-centric and high-performing tokens that one can buy in the current market. Right from robust security frameworks to a high degree of decentralization, they tick all the right boxes for dependable crypto projects. However, if you are thinking about which crypto to buy today for the long term, many market experts would point you toward InQubeta.
According to analysts, InQubeta has higher growth potential as it enables its users to invest in future-ready projects based on AI. With the projects floated by startups on InQubeta, one can become financially secure with a steady source of income. Over the next few months, analysts expect the QUBE token to register king-sized gains.
Having said that, it’s important to remember to research a crypto token before buying it. By researching a token well, crypto users can understand the potential risks associated with the project and make more informed decisions.
