Terra Classic (USTC) investors have huge smiles on their faces as prices rise 289% in the past seven days. Some analysts are dubbing it one of the best altcoins to invest in right now, along with InQubeta (QUBE) and Filecoin (FIL).
InQubeta is already being called one of the best DeFi projects launched this year as its presale raises over $5.6 million as it reaches its midpoint. The popular NFT project aims to provide a more accessible alternative way to invest in artificial intelligence (AI) that doesn’t require investors to jump over hurdles to earn access to investment opportunities.
Filecoin aims to help safeguard humanity’s most important data by allowing users to monetize storage space on their devices while allowing others to rent storage space.
Best altcoins to invest in: InQubeta (QUBE) generating lots of investor interest
Various factors are helping to drive the success of the InQubeta presale. The accessible investment opportunities the platform aims to provide have been a substantial selling point given how notorious many mainstream investment entities are with their income and investment requirements. For example, investors have to show earnings over $200,000 for two consecutive years to qualify for angel investment opportunities.
The tremendous growth of the AI industry has been another one of the factors driving InQubeta’s presale success. AI investments have risen 12x since 2015 and companies that help advance the technology, like Nvidia, have seen a massive influx of investment capital. Over $1.5 trillion is expected to be funneled into AI by 2030 and the InQubeta project is positioned to play a major role in helping to guide these funds to startups looking to advance the technology.
QUBE being undervalued at $0.0161 has been another factor driving its presale success. The token supply is limited to 1.5 billion, which means the project would only need a $1.5 billion market cap for tokens to be priced at $1. That’s an achievable milestone that even meme coins like Shiba Inu (SHIB) have been able to triple. $500 invested in QUBE today could be worth over $31,000 within a year.
A decentralized investment process
AI startups can secure the funding they need to help advance artificial intelligence by developing ERC20 coins or non-fungible tokens (NFTs) that represent investment opportunities. These tokens work like stocks in the ecosystem. Some provide other benefits like profit-sharing and early access to items developed.
The NFTs made by fundraising startups are added to the ERC20 token list on the marketplace. The marketplace provides investors with all the information they need to make informed decisions, and they can buy tokens they’re interested in with QUBE.
Investors get full control over their tokens once deals are completed and these tokens can be resold on the NFT marketplace at any time.
Terra Classic (USTC) emerges as one of November’s biggest winners
USTC has enjoyed a substantial upswing in the past week, surging by over 289%. The price expansion has renewed interest in the Terra Classic community and that will likely lead to more price surges in the coming weeks.
Some analysts are crediting a recent disclosure that Terra Classic Labs bought 25.6 million USTC as part of its reserve policy for its recent price surge. The strategic move has helped propel prices to new highs and this bullish trend is expected to continue.
Filecoin (FIL) generating more interest from investors
FIL has enjoyed 14% growth in the past month thanks to bullish attitudes taking over the cryptocurrency space. The project’s utility, providing storage space and allowing users to monetize their storage space, sets it up for considerable growth as Web3 services become more prominent.
Summary
QUBE, FIL, and USTC are three of the best altcoins to invest in right now. QUBE has emerged as one of the most popular NFT projects in the cryptocurrency space and it could enjoy up to 100x growth once launched on exchanges.
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