If there’s one lesson that 2023 is teaching us, it’s not to take cryptocurrencies lightly anymore. If you have been following market trends, you would have noticed that these blockchain-based digital assets have been gaining ground with a higher market capitalization and impressive price rallies. Everybody is hopping on the crypto bandwagon, from financial institutions to governments to the average individual. And there’s a lot to choose from thanks to aspects like power-packed features and new technological advancements. Consequently, there’s always something happening in the crypto market. For instance, play-to-earn platform Axie Infinity recently clocked a huge price jump after its listing on the iOS App Store.
Another crypto project that has been getting a lot of attention is InQubeta. Built on the Ethereum network, InQubeta is what happens when entrepreneurship meets decentralized finance. The platform has been driving impact by helping startup founders score investment opportunities for projects leveraging artificial intelligence. Given how widely the technology has been adopted globally, InQubeta has devised a utility-driven mechanism that enables anyone to be a part of this artificial intelligence-driven revolution. The following discusses InQubeta and five other crypto projects touted as some of the fastest-growing cryptocurrencies. If you are looking for a top altcoin, chances are one of these six is what you’ve been searching for.
1. InQubeta: Driving innovation with DeFi
InQubeta is an Ethereum-powered platform that leverages the potential of artificial intelligence and decentralized finance to offer a unique investment opportunity to its users. The platform bridges the gap between startups working in the field of artificial intelligence and potential investors. On the one hand, it enables innovators to find funding to back their projects; on the other, it helps investors spot dependable opportunities early on.
The proposed projects by startups are converted into NFTs using InQubeta’s flagship technology which investors can then buy. The sale proceeds are then used by startup founders to fund their future initiatives. The platform has rolled out a native token that is the main cryptocurrency on the network. Called the QUBE token, the crypto coin is being considered one of the best new icos of 2023, given the interest that it’s generating.
Currently available on presale, the token lets you explore a multitude of options on InQubeta, including staking and trading opportunities. Plus, it is a deflationary token, so you don’t have to worry about price fluctuations eroding your returns. In a deflationary cryptocurrency, the token’s supply is kept scarce to keep price fluctuations minimal. For burning tokens, the InQubeta team has set up a ‘burn wallet’ where tokens that are meant to be burned are stored. For instance, if a user sells the QUBE token, they will have to pay a 5% tax on it, and a small portion of the tokens collected as tax is burned by the team to keep the QUBE coin in short supply. These tokens are sent to the burn wallet, where they are destroyed later. The remaining tax proceeds are used for maintaining the rewards and liquidity pools and for financing marketing campaigns. Given its features, it’s not surprising to see the QUBE token feature on every analyst’s best cryptocurrency ico list.
Given the current condition of the global economy, InQubeta is widely considered the best cryptocurrency to buy as it enables both investors and startup founders to be a part of a long-term project that explores the full potential of blockchain and artificial intelligence. InQubeta’s NFT marketplace paves the way for a seamless and transparent investment mechanism. Powered by Ethereum’s smart contracts, InQubeta sports a robust security framework where both sides get to be a part of transparent and rewarding opportunities.
2. DigiToads: Where DeFi goes hybrid
DigiToads is another Ethereum-powered cryptocurrency that has been in the news for its unique model. The model stands out as it fuses three cryptocurrencies to create an ultra-modern economic design. With just one platform, you can access the utility of a meme token, a play-to-earn platform, and a Web 3.0 game. So, you can stake assets, trade cryptocurrencies, win them in Web 3.0 games, enter prize draws, and even participate in trading competitions. To start your journey on DigiToads, you would first have to acquire its native coin – the TOADS token. Built using the ERC-20 protocol, the token is used for financial purposes like staking, trading, payments, and much more. What makes it ideal for learning about cryptocurrency trading for beginners is the monthly trading competitions that the DigiToads team organizes.
In these competitions, traders compete to register the highest volume of trade in a month. Not only is the winner rewarded with a share in profits, but they also get to learn how to manage the DigiToads treasury under the guidance of the team. Once they perfect their skills, the traders will help the team to manage the treasury on an everyday basis.
3. Litecoin: Lightning-fast and cost-effective transactions
Litecoin is a decentralized platform that enables its users to make high-speed and secure digital transactions globally. Its USP lies in the ease with which these payments can be made 24/7. The network uses a native cryptocurrency, LTC, for transactional uses and as the medium of exchange on the platform. Though Litecoin was inspired by the Bitcoin protocol, it differs in terms of block transaction times and hashing algorithms. For instance, Litecoin has a block time as low as 2.5 minutes and charges a nominal transaction fee. The two factors make it ideal for micropayments or even for transactions done via point-of-sale machines. It was released on Github in 2011 and since then has ramped up its technological framework to become a top altcoin.
What sets Litecoin apart is its unfiltered technology which has added to its ease of use and utility. With an international network of over 2,000 merchants, the LTC token is among the most widely accepted cryptocurrencies. Once you’ve made a transaction, you get a confirmation in minutes, and the transaction fee is such that it won’t break the bank.
4. Tron: The all-in-one blockchain network
Tron is among the altcoins to watch out for this year. The decentralized cryptocurrency network has made strides in the DeFi industry by emerging as a dependable and secure platform. Its native token is TRX which is one of the most-traded crypt tokens in the world. Moreover, as the platform leverages a public ledger for processing payments, people can track all transactions they’ve made. But that’s not all that you can do with Tron. You can also deploy smart contracts, build a dApp and work with different kinds of blockchains on the platform. One of the main reasons behind its popularity is the creative freedom developers get on the platform. They can build dApps using Tron’s suite of DeFi tools and, in exchange, receive crypto tokens as a reward.
5. Chainlink: Powering universally connected smart contracts
If you search on the internet for the best cryptocurrency to buy, chances are that the top search results would include Chainlink. There are several reasons for its popularity. It leverages a decentralized Oracle network that enables it to seamlessly connect smart contracts. Next, it allows different blockchains to interact with data feeds, payment methods, and events to extract off-chain information. The off-chain data is used to ramp up the utility and security of smart contracts.
The platform’s native token is LINK and it’s used for any transactional purpose you might encounter on the platform. What’s more is that the network is maintained by a community of node operators, data providers, security auditors, developers, researchers, and other professionals. The decentralized model of participation ensures that all community members are contributing to the platform’s growth.
6. Monero: The ultra-private cryptocurrency
This top altcoin’s claim to fame is the unparalleled level of security that it provides. It has been designed as a privacy-centric cryptocurrency where both senders and receivers of payments are anonymous by default. The anonymity mandate ensures that the assets reach the right person and there’s zero scope for errors like sending the payment to a wrong Web 3.0 wallet. The decentralized network has rolled out a native token that comes in handy for any transactional obligation encountered on the Monero network.
Another reason that contributes to its top-notch privacy is the pioneering technologies that Monero uses. From Ring confidential transactions to stealth addresses and even multi-signature authentication, the team has put a lot of thought into shielding community members’ privacy and assets. The XMR token is generated via mining as the platform is built on a proof-of-work consensus mechanism. For validating its transactions, Monero leverages the RandomX algorithm.
Conclusion
If you have been wondering what cryptos to buy now, the above-mentioned options are all you need to clinch any targets that you might have set for your portfolio. Regularly featured in lists of altcoins to watch out for in 2023, they are also some finest examples of the power of decentralized finance and how it can drive financial empowerment. In addition, their models leverage pioneering technologies, helping users to keep up with the latest developments.
However, among these crypto projects, there’s one token that has managed to impress analysts across the world, namely, InQubeta. Its raving reviews bear testimony to how impressed analysts are with this platform and its industry-specific use case. Market experts feel that the QUBE token is an underdog with immense potential, especially as it addresses an industry challenge that has been unresolved for far too long. They are also quite upbeat about its prospects. Over the next months, experts feel that the QUBE Token is likely to shoot past the 30x mark.
However, it’s important to remember that cryptocurrency markets don’t always play by the same rules. Hence, it is advisable that one does complete research and takes time to decide which crypto project to choose.
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