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Breaking News: Ledger And Consensys Delay US IPO Dreams As Crypto Conditions Turn Unfriendly

Bitcoin Plunges as BitMEX Crash Hits $8.9K; AI Crypto Presale Allures Investors from All Sectors

Bitcoinist
by Bitcoinist
Last Updated: March 25, 2024 1:08 pm
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin (BTC) has been one of the best cryptocurrencies to invest in since the third quarter of 2023. Prices have grown by 56% in 2024 thanks to various factors like the entry of capital through exchange-traded funds (ETFs) and the halving event due in April.

However, BTC’s price on the BitMEX exchange plunged to $8,900 despite trading at much higher numbers on other exchanges. Prices quickly rebounded to $66,000 but some analysts believe it’s a sign investors are losing interest due to fears tokens are overbought due to the influx of capital caused by the launch of exchange-traded funds.

InQubeta (QUBE) hasn’t shown any signs of reduced investor interest as the emerging crypto raises over $12.2 million. The crowdfunding project is poised to become one of the best DeFi cryptos ever started as it attempts to make artificial intelligence (AI) investments more available than they’ve ever been.

InQubeta (QUBE) emerges as the top crypto to buy in 2024

InQubeta is positioned to enjoy exponential growth in the next several years thanks to its focus on making AI investment prospects more accessible to regular people who don’t have connections in Silicon Valley. Many of these people can’t use traditional investment firms due to the income, geographic, or net worth requirements many of these companies have.

InQubeta looks to fix this problem by providing an easy-to-access alternative to these traditional investment firms, democratizing access to investment opportunities.

Artificial intelligence has generated lots of discussion in the past decades as products that were once relegated to movie screens have now become a reality. Self-driving taxis are now a thing, and humanoid robots are already being used to perform manual labor tasks in warehouses.

Investments in artificial intelligence have grown 10x since 2015, and approximately $120 billion is currently invested in AI-focused firms. That sum is projected to reach $1.5 trillion by 2030.

This unprecedented stream of capital into AI positions companies like InQubeta for substantial growth in the coming years. The project’s native currency and governance coin, QUBE, now sells for $0.028 in the presale’s ninth stage, but it could be worth a couple of dollars by the end of the year.

Decentralized access to AI investments

AI startups can secure capital on InQubeta’s ecosystem by tokenizing the investment opportunities they’re offering investors into non-fungible tokens (NFTs). This allows investors to acquire equity and other rewards by buying fractions of these digitized investment opportunities with QUBE.

InQubeta’s NFT marketplace is where both parties connect and there’s a lot of liquidity since investors can resell any tokens they purchase whenever they want.

Investors can also earn profits by holding on to QUBE as its price grows. The 1.5 billion supply and deflationary protocols to reduce the circulating supply help to push prices up by creating scarcity.

Bitcoin’s (BTC) bull cycle isn’t over yet

BTC’s price might have dropped down to $8.9k on BitMEX, but the fact its price bounced right back to $65,000 a couple of hours later shows what the market believes it should be worth. Investors didn’t panic and sell off their tokens, indicating many of them expect prices to still go much higher.

Bitcoin’s upcoming halving event is a major reason why investors are so bullish about it. The halving will cut the rewards miners receive for solving blocks by half, reducing their incentive to sell quickly. BTC’s price has historically grown considerably leading up to and after its halving events.

Summary

QUBE and BTC should be at the top of your list if you’re contemplating which cryptos to buy right now. QUBE is expected to outperform BTC this year because of the solution it delivers to investors looking to be part of the AI revolution and the inflow of capital being directed toward the technology.

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.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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