The Bitcoin (BTC) blockchain’s highly anticipated halving event finally occurred on April 19, cutting the supply of new tokens by half. Unfortunately, the tremendous price rise expected to occur in the days leading up to it never materialized, and BTC’s price now hovers around the $64,000 support level.
That’s not to say BTC can’t enjoy exponential price growth before the year ends. Some analysts blame BTC’s price failure to see substantial increases in tokens being overbought due to the buying frenzy caused by people investing in BTC ETFs when the new asset class was initially launched.
While Bitcoin investors continue to look for signs of an incoming bull surge in price charts, InQubeta (QUBE) early investors have earned 340% returns on their initial investments as tokens become available on Uniswap (UNI) and MEXC. It’s the first time in the next phase of the project’s development after its presale defied expectations and raised over $13.6 million.
Emerging Crypto InQubeta (QUBE) Is Still Generating Lots of Investor Interest
Investor interest in InQubeta has only intensified now that tokens are available on exchanges. QUBE now costs $0.0308, but its price is projected to reach as much as a few dollars before the year ends. The solution the crypto crowdfunding project looks to give investors has been the primary driving force behind the interest InQubeta has been able to generate with cryptocurrency investors.
InQubeta is now a step closer to launching its decentralized finance space, which will make investment opportunities in the artificial intelligence (AI) area accessible to all. Its ecosystem will democratize access to AI investments to all who wish to be part of what many, like U.S. President Joe Biden, expect to be the most significant tech breakthrough in over 50 years.
Easier Access to AI Investments
InQubeta’s ecosystem, which runs on the Ethereum (ETH) network, will give AI startups easier access to funding by allowing them to tokenize any investment opportunities they have to offer investors into non-fungible tokens (NFTs). It’s already touted as one of the best DeFi cryptos ever launched.
These tokens replace stocks on InQubeta and play quite similar roles. They offer digital proof of reward and equity investment opportunities.
Investor and fundraising firms connect on the NFT marketplace, where information is provided about the many investment opportunities and the companies offering them. Users can partner up with any startups they believe in by buying portions of the ERC20 coins made by these companies.
It’s an efficient, secure, and transparent investment space that provides lots of liquidity as investors can resell any tokens they purchase on the NFT marketplace.
Bitcoin (BTC) Completes Fourth Halving Event
The latest Bitcoin blockchain halving has cut miners’ reward for solving blocks from 6.25 BTC to 3.125. The event didn’t significantly change BTC’s price as prices hover around the $64,000 support level, which has been the case for most of the past two weeks.
The latest halving now cuts down the supply of new BTC daily from about 900 to 450 daily. Given the price movement patterns caused by past halving events, the impact of the supply cut won’t be fully felt until a year from now. Some analysts believe that BTC’s price will rise as high as $450,000 by this time in 2025.
Summary
While bears have dominated the cryptocurrency space in the past couple of weeks, BTC’s price will likely still set another new all-time high (ATH) at some point this year, given how well its price has held above the $60,000 support level since its current ATH was set on March 14.
BTC’s price could still double in 2024, but that pales compared to the 10,000% surge QUBE is expected to enjoy as it opens up access to AI investments.
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