The last quarter of the year is preparing for the next crypto bull run with new projects entering the market every day. The market has shown remarkable resilience with the global cryptocurrency market cap reaching $1.05 trillion with no signs of slowing down. The current crypto market is flooded with many cryptocurrencies and identifying good tokens that hold the greatest potential for mammoth profits in the long term can be a daunting task.
However, there is a notable buzz in the market about the potential of InQubeta (QUBE), Polygon (MATIC), Chainlink (LINK), Arbitrum (ARB), and Filecoin (FIL). Many experts are backing these tokens as they have solid use cases and could witness a dramatic rise of 2500% in the coming days.
1. InQubeta’s Revolutionary Fundraising Platform has the Potential to head the Top ICO list of 2023
InQubeta’s newly launched project has already marked milestones as the pioneer crowdfunding platform that leverages the power of non-fungible tokens (NFTs) and smart contracts to create a seamless way of investing in AI-driven startups. With their aim to let the users avoid the hassles involved in mainstream investment channels, the project has gained immense traction and is expected to land among the best cryptocurrency ICOs of the year. The success it demonstrated in its ongoing presale led to raising a fund of around $3.4 million, and the QUBE token is currently priced at $0.0113.
InQubeta’s new project has become the talk of the town as the world’s first cryptocurrency crowdfunding platform. This revolutionary platform, powered by the Ethereum network, lets users invest in the future of AI technology using its native token, QUBE. QUBE is one of the top cryptocurrencies to invest in presenting its holders with the opportunity to trade, stake, and participate in the investment process while controlling the governance of the InQubeta protocol.
The platform is powered by its native ERC-20 token, QUBE, which is a deflationary currency that not only allows the user to participate in the investment process but also to earn rewards. Being deflationary, 2% of the buy and sell tax is dedicated to a burn wallet from which the tokens cannot be recovered, reducing its supply with time. Another 5% is allocated to the reward pool ensuring that it never runs out of funds. That’s not all! The holders of the QUBE token are vested with the right to control the governance of the InQubeta protocol. This means that they can propose ideas, foster community discussions and vote on the implementation of the proposal.
This new altcoin has gained immense popularity with its user-friendly design and innovative approach. The NFT-driven marketplace allows startups to create and list their NFTs coupled with rewards and equity in the company. Investors can browse through these NFTs and purchase those that have the potential to generate substantially high returns using the QUBE tokens. Once the purchase has been made the corresponding startup receives the funds required to propel their growth. The most unique aspect of the project is the fractional investment where the investor can purchase a part of the NFT as it suits their budget. Their investment entitles them to profit sharing, exclusive access to the startup’s products and services, equity in the company, and other perks attached to it.
Participate in InQubeta’s democratic and community-driven ecosystem that has the potential to surge 2500% by participating in the presale. Investing early in presale tokens is a good strategy that could potentially yield huge gains in the long term.
2. Polygon Chain Development for Canto’s Migration to ZK Layer Two
The Polygon Network is a layer two solution that enables developers to seamlessly create and deploy blockchains that can be conveniently integrated into the Ethereum network. The network also facilitates the transfer of data and tokens between various Ethereum-based projects using the MATIC sidechain. It was previously known as the Matic Network and is dedicated to building an easy-to-use platform for the scaling and infrastructure development of the Ethereum network. With Polygon, developers have the flexibility to create optimistic rollup chains, zk rollup chains, standalone chains, and other infrastructure needed by the projects.
Using the Plasma Framework and proof-of-stake blockchain architecture, Polygon is working to transform Ethereum into an internet of blockchains. This unique technology empowers every sidechain to achieve up to 65,536 transactions per block. These attributes have made Polygon the favorite network for upcoming projects. The Polygon network recently announced that Canto will migrate to ZK layer two powered by the Polygon Chain Development kit.
The native cryptocurrency of the network is MATIC. MATIC is one of the best altcoins in the market that not only secures the network but also provides the right to governance. Built on the Ethereum blockchain, MATIC is used for payment services as well as a settlement currency among users in the Polygon ecosystem.
To enhance the experience of its community, Polygon allows the validators to stake the tokens and become a part of the consensus mechanism while receiving MATIC in return. Users also have the option to delegate their tokens to another validator and still earn rewards as a part of the staking process. Canto is currently hosted on the Cosmos chain and has migrated to Polygon following the footsteps of other ecosystems such as Astar, Gnosis, and IDEX. Many experts have predicted a rise of 2500% for MATIC as it is a strong ecosystem and has plans for more partnerships with major blockchains in the future.
3. Chainlink Announces Implementation of Cross-chain Interoperability Protocol on Base
Chainlink serves as a blockchain abstraction layer that facilitates the connectivity of smart contracts on a global scale. By leveraging a decentralized Oracle network, Chainlink facilitates the interaction of blockchain external data feeds, payment mechanisms, and events. Their unique infrastructure is designed to ensure that the smart contracts have access to off-chain data making it a predominant form of digital agreement. It is also designed as a blockchain agnostic platform which implies that it does not own a blockchain or function within one but operates across various blockchains simultaneously offering incentives to its users employing Chainlink data within their blockchain-based smart contracts.
The in-house currency of the network is LINK and it lands among the good cryptocurrencies to buy because of Chainlink’s position as the first network to enable the incorporation of off-chain data into smart contracts. LINK is an ERC-20 token that uses a special type of proof-of-stake (PoS) consensus protocol where participants are required to run the node and provide data to smart contracts to receive rewards. Unlike most tokens, the system of depositing it and earning rewards is not acceptable. The LINK token is used as a means of payment within the Chainlink ecosystem.
The platform garnered the attention of several data providers because of their ability to monetize the data by offering direct access to Chainlink. Many crypto analysts believe LINK will witness an upward momentum, especially after its announcement on the implementation of cross-chain interoperability protocol (CCIP) on Base, Coinbase’s Ethereum Layer Two solution. This development is likely to improve the capability to handle token transfers, transmit messages, and other transaction processes. If you are looking for 2500% returns, accumulating Chainlink periodically could be a good strategy.
4. Arbitrum Layer-two Solution to host Crypto-Fueled Game, Snook
Arbitrum is a dominant layer two solution for scaling the Ethereum network. The network leverages optimistic roll-up technology to achieve its objective of enhancing the cost-effectiveness, speed, and scalability of the Ethereum network. While drawing the benefit of security and compatibility from the Ethereum ecosystem, Arbitrum can benefit its community with higher throughput and lower fees which is made possible through the relocations of its computation and storage off-chain.
Offering several additional advantages of compatibility, flexibility, scalability, and decentralization, over other optimistic roll-up solutions, Arbitrum has created a reputation for itself in the crypto market. Additionally, Arbitrum is also known for its ambitious roadmap for the year which includes launching its own layer three solution known as the Orbit, empowering developers to deploy programs written in widely used programming languages like Rust and C++, transitioning its protocol to layer two through Arbitrum One and broadening its validator network to incorporate additional independent institutional validators.
The network’s native cryptocurrency is ARB which is a utility token with a fixed supply. With Offchain Labs’ decision to shift to a decentralized autonomous organization (DAO) structure, Arbitrum DAO, the holders of ARB have the right to vote on proposals that affect its protocol. Hence, ARB’s position as the utility and governance token of the network has made it one of the top cryptocurrencies to invest in.
Arbitrum is a community-focused network and is known for launching several airdrop campaigns to its early users. The ARB token could also witness a 2500% rise and mimic the success of other mainstream cryptocurrencies in the long term. Recently, Arbitrum announced that it would also be hosting the online version of the classic game ‘Snake’, known as Snook. It presents itself as an appealing option for crypto-fueled games because of its low transactional costs and higher operational speed.
5. Filecoin could experience a surge amid listing by crypto exchange BIT
Filecoin is a decentralized storage system that aims to disrupt traditional centralized data storage services like Google Drive and Amazon Web Service. The founders claim that their platform is designed to store humanity’s most important information in a secure and trustless manner. Filecoin was built atop the InterPlanetary File System (IPFS), a decentralized file-sharing network, and introduced the economic incentive system and marketplace functionality to IPFS.
The blockchain’s native currency is FIL. It fuels the entire ecosystem and is used to pay for transaction fees by the clients. The token is also placed as collateral by the miners providing their services. The network operates in a simple fashion where the users pay the storage miner in the network to store their files. These storage miners are internet-connected computers that allow users to customize their storage preferences in terms of redundancy, cost, and speed. Once the miner selection is completed, they can proceed to store files and validate the storage by reviewing the proofs recorded on the Filecoin blockchain. Anyone can opt to be a storage provider and earn FIL tokens for their services.
This innovative offering made FIL one of the top ICOs during its launch, attracting several investors and crypto enthusiasts. Filecoin is also exhibiting promising indications of growth and could potentially rise by 2500%. Filecoin was recently listed by BIT, a prominent cryptocurrency exchange based in Dubai. BIT specializes in options trading.
Conclusion
It is an exciting time for crypto investors as a bull run could start soon. Institutional investors are also planning to enter the digital assets industry through ETFs. These five projects are currently exhibiting a bullish trend and could register a dramatic surge of 2500% as they are backed by great utilities. However, it is difficult for new investors to decide which crypto to buy now for long-term gains due to the volatile nature of the market.
In this context, InQubeta is a new cryptocurrency that can be accumulated currently at low prices. It has witnessed remarkable success during the presale stage and has received positive feedback from global security firms. Powered by the Ethereum network, the native token QUBE and the NFT marketplace have appealed to investors seeking an easy means to venture into AI startups.
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.
