If you are someone who’s had enough of the plain vanilla financial instruments and is looking for long-term gains, it’s time to switch to cryptocurrencies. These new age digital assets provide many benefits. You don’t have to worry about a bank or a centralized institution getting their hands on your returns. In addition, you don’t have to worry about any hidden charges or taxes. Lastly, there are thousands of options to choose from. When it comes to variety, the cryptocurrency market doesn’t disappoint.
There are several innovative crypto projects that can provide long-term king-sized gains. Take the example of InQubeta. It’s an Ethereum-compatible platform that brings AI innovators and potential investors together and helps the former raise seed capital for their projects. While startups can look forward to beginning their innovation journey, investors can explore next-generation projects that aim to catalyze the field of AI. What’s more, InQubeta has also caught the eye of many market experts who have lauded its unique use cases. The following list features five other projects like InQubeta, which are expected to boost not only crypto portfolios but also the market trajectory.
1. InQubeta: Empowering AI startups
InQubeta comes at a time when the world is waking up to the relevance and potential of artificial technology. The decentralized platform enables startups and innovators working in the field of AI to raise investment. Interested investors can choose projects they would like to fund using the platform’s native token QUBE. Every investment opportunity is turned into an NFT so that people can invest in whatever they like. Meanwhile, InQubeta’s NFT marketplace allows startup founders to raise funding. This top altcoin has been receiving global attention because of its nuanced ecosystem, which acts as a bridge between AI innovators and investors.
InQubeta’s native token QUBE, is built on the ERC-20 protocol. The token is the main cryptocurrency on the network and has been single-handedly transforming the funding scene for AI innovators. It offers a unique opportunity where its holders can not only earn long-term gains but also diversify their portfolios. Considered among the best new icos of 2023, the QUBE token’s supply is capped at 1,500,000,000 units, and it’s currently available on presale.
Another factor to note about the token is its deflationary model, where the token supply is limited by burning coins. A scarce supply helps in reducing fluctuation in the QUBE price and shield token holders’ returns against market volatility. No wonder so many leading analysts are including the QUBE token in their best cryptocurrency ico list.
The InQubeta team plans to use the token supply in such a way that it can support the platform’s growth through various phases. Of the total supply, 65% will be reserved for the presale process and another 15% will be allocated for the development team. Around 5% of the tokens will be reserved for exchange listings and maintaining the liquidity and reward pools. The remaining tokens will be used for marketing activities and legal and advisory fees.
Users should know that if they plan on selling their QUBE tokens, they will have to pay a 10% tax. The tax proceeds from such transactions will be used for maintaining the liquidity and rewards pool and funding market activities. In tandem with the principles of a deflationary cryptocurrency, the team will be burning 1% of the tokens collected as sales tax.
This top altcoin also enables its token holders to earn rewards by staking their digital assets. As part of InQubeta’s staking mechanism, one can look forward to supporting the growth of the platform while ramping up their returns. Many experts feel that this upcoming new cryptocurrency could provide potential 40x gains once it gets listed on mainstream exchanges.
2. DigiToads: Making it onto every analyst’s cryptocurrency ico list
DigiToads shows how three different cryptocurrency models could be merged to achieve synchronized and unparalleled functionality. DigiToads’ economic design has been developed by fusing a meme coin, a stake-to-earn platform, and a Web 3.0 game. The hybrid interface enables you to stake assets, trade tokens, play Web 3.0 games to win cryptocurrencies, participate in trading competitions, and even receive giveaways on a single platform. It has also rolled out a native token called TOADS, which will be the main crypto coin on the network and will be used for all transactional purposes.
People can participate in trading competitions that are held every month to hone trading skills and even get a chance to manage the DigiToads treasury fund. The winners of these competitions will be decided based on the trading volume of every participant. The one with the highest trade volume in a month is declared the winner. As a reward, traders will get to keep a portion of the profits they booked in the month. They will also be trained by the DigiToads team in handling the treasury. Once they become good at it, they will formally assist the team in the task. DigiToads has been widely hailed as the top crypto to buy in 2023.
3. Polygon: Making it easy to deploy Ethereum dApps
Another top crypto to invest in, Polygon, combines a set of Ethereum scaling solutions that are known for their security and efficiency. The proof-of-stake Layer 2 blockchain enables developers to boost Ethereum-based dApps by increasing their efficiency and reducing the cost of operations. Polygon’s native token is MATIC which comes in handy while dealing with all kinds of transactional purposes on the network. It also doubles up as a governance token and enables token holders to participate in the platform’s decision-making process.
With Polygon, developers can look forward to deploying rollup chains, sidechains, zK rollup chains, and even decentralized identities. In a recent development, Polygon co-founder Sandeep Naliwal announced that he would be sponsoring a fellowship programme that would enable early-stage developers to secure financial support for their Web 3.0 projects. Under the programme, a fund of $500,000 would be distributed among a cohort of 10 applicants.
4. NEAR Protocol: Building the future of Web 3.0
NEAR Protocol continues to hold its position as one of the top crypto coins to buy. It has been designed as a cloud computing platform for developing decentralized tools and dApps that could promote mass adoption of Web 3.0 and blockchain technology. The platform’s native token is NEAR and it’s used for various transactional purposes on the network. Its key USPs include its high throughput, higher transaction speed, and interoperability.
What sets NEAR Protocol apart is the use of nightshade technology for sharding. Under the technology, groups of validators process transactions parallelly across several sharded chains which boosts the capacity of the blockchain network. In a recent development, AI-based company Cosmose announced that it has raised an undisclosed amount of funding from NEAR Protocol. Cosmose stated it would be using the funds to make its online payments more affordable.
5. Arbitrum: Every developer’s go-to choice of platform
Arbitrum is one of the best cryptocurrencies to buy in the market as it enables developers to boost the functionality of a multi-faceted blockchain network like Ethereum. With its suite of cutting-edge Ethereum scaling solutions, Arbitrum helps developers boost the efficiency, security, and scalability of their dApps. Its native token ARB is the main cryptocurrency on the Arbitrum network.
One of the key factors that make Arbitrum unique is the use of optimistic rollups that offer advantages like an advanced level of compatibility which can support unmodified EVM contracts and transactions. This enables developers to deploy any Ethereum-powered dApp on Arbitrum without making any changes to the code. Next, by handling thousands of transactions every second, Arbitrum can ensure fast finality with a low fee. Despite an increase in the number of token holders in the recent past, the overall market growth of the ARB token has been on the decline. Hence, analysts feel that the ARB token is more likely to stay in the bearish zone for now.
6. ApeCoin: Blazing a trail with a meme token
Powered by the ERC-20 protocol of the Ethereum network, ApeCoin is a meme coin with a decentralized governance structure. ApeCoin has also rolled out a native token called APE which is used for staking, trading, making payments, and all other transactional purposes on the network. APE token holders also get to participate in the decision-making process with their exclusive voting rights. Using their voting rights, they can not only vote for proposals pitched by other community members but also move proposals.
What sets this top altcoin apart is its governance structure. Around 62% of the APE tokens have been reserved for the ecosystem fund, which is used for funding various community-centric initiatives. Despite being considered one of the altcoins to watch out for, the APE token has witnessed negative price action over the past few weeks. Given the bearish pattern highlighted by technical indicators, market experts feel that the token price might be in for some rough times in the coming months.
Conclusion
The above-mentioned tokens should help end any doubts you might have about what cryptos to buy now. Apart from being popular, these crypto tokens are great for anyone hoping to learn about cryptocurrency trading for beginners, as they have user-friendly interfaces and ample resources to guide users. Analysts are calling them the altcoins to watch out for as they pack a punch with their features. However, if you are someone who has their heart set on earning long-term gains, the best cryptocurrency to buy among these would be InQubeta, as analysts feel that it has a higher growth potential than the other projects. Plus, by solving an industry-linked loophole, the platform is well-poised to chart a sustainable future for itself. The experts who have reviewed the QUBE token are quite optimistic about its prospects. They feel that the token has the potential to grow by more than 40x in the coming months.