Bitcoin and Ethereum Experience Steep Declines, Leading Investors Rally Behind Polkadot Challenger

Bitcoin (BTC) and Ethereum (ETH) investors have watched their prices drop by 4% and 5%, respectively, in the past month as bearish sentiments dominate the broader cryptocurrency market following BTC setting a new all-time high (ATH) at $73,750.

The decline has been caused by people investing in BTC ETFs and token holders cashing in profits and exchange-traded funds posting outflows for the first time since the US Securities and Exchange Commission (SEC) approved the new asset class.

Some BTC and ETH investors are now getting frustrated and looking for more lucrative options like InQubeta (QUBE). The emerging crypto has outperformed BTC and ETH in the past year, giving investors 300% profits compared to BTC’s 134% growth and ETH’s 81% gains.

InQubeta’s presale has now raised over $13 million, and it is less than $6 million from raising as much as Ethereum (ETH) did during its initial coin offering (ICO). InQubeta is one of the most impressive new DeFi projects introduced in the past year and it seeks to redefine how people access investment opportunities in the artificial intelligence (AI) sector. Some crypto experts have InQubeta enjoying as much as 100x gains in 2024.

InQubeta (QUBE) could be a top ten cryptocurrency someday thanks to its utility

InQubeta looks to open access to investments in AI-focused startups so anyone who wants to buy equity can do so easily on its blockchain. Its mission is to serve as an alternative to mainstream investment entities and their arbitrary requirements that a massive portion of the global population can’t meet.

InQubeta’s developers plan to use the capabilities it inherits from its parent blockchain, the Ethereum network, to make AI investments more accessible than ever before.

AI startups will be able to acquire funding on InQubeta’s ecosystem by using non-fungible tokens (NFTs) to digitize any investment opportunities they have to offer. It’s impossible to duplicate these ERC20 coins since their authenticity can easily be verified on the blockchain’s history.

These NFTs will be bought by investors seeking equity and other rewards from AI startups using the project’s native currency and governance coin, QUBE.

It’s a seamless process that makes it easier than it has ever been for companies to fundraise while allowing anyone to invest in AI. Even the 1.4 billion unbanked people worldwide will be able to partner up with AI firms on the InQubeta network.

A focus on artificial intelligence

Artificial intelligence has already started impacting our daily lives from software on smartphones to search engines like Google using the technology to make search results more pertinent.

The increased viability of AI has led to a 1,000% surge in investment capital as the money thrown into the industry has gone from $12 billion to $120 billion since 2015. While that might seem like a lot being thrown at AI, it pales in comparison to the $1.5 trillion that experts project will stream into AI by 2030.

InQubeta’s solution to how inaccessible traditional investment channels can be sets it up for tremendous growth in the coming years. QUBE, now worth $0.028, could be worth as much as $50 in the next several years as investors flock to its ecosystem.

What’s next for BTC and ETH?

BTC and ETH are expected to enjoy more growth once the market is done correcting. BTC ETFs are still bringing in billions, and there’s a good chance Ethereum spot exchange-traded funds will be launched at some point in 2024.

Polkadot’s (DOT) price drops 12%

Polkadot’s price has dropped 12% in the past month, and it’s now trading just above the $8.5 support level. Its price has been as high as $11.85 in the last month, making tokens quite cheap at the moment.

Summary

QUBE, ETH, BTC, and DOT are some of the best cryptocurrencies to invest in now. ETH and BTC could grow by as much as 100% before the year ends, while QUBE’s price is expected to surge by 10,000% once available on exchanges.

Visit InQubeta Presale

Join The InQubeta Communities

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