InQubeta (QUBE), Litecoin (LTC), Monero (XMR), and Cardano (ADA) are some of the best altcoins to invest in as their prices are expected to enjoy a substantial surge if a Bitcoin (BTC) ETF is approved. Previous applications by Companies like Grayscale have been rejected by the US Securities and Exchange Commission (SEC), but these firms have adjusted their applications as per the SEC’s requests and are optimistic their new applications will be approved in the coming months.
InQubeta is the most promising altcoin on our list as it looks to make artificial intelligence (AI) investments more accessible than they’ve ever been. The new DeFi project provides a much-needed alternative for those who have been denied entry by traditional investment channels and those who prefer the increased privacy and transparency of decentralized finance.
Best altcoins to invest in: InQubeta (QUBE) presale clears $4.9 million
InQubeta’s focus on making AI investments more accessible for regular people has been one of the factors driving its presale success. The project’s well-structured tokenomics is another excellent selling point as the QUBE supply is limited to 1.5 billion. There are also burn fees on marketplace transactions that cut the supply down further.
If you’re wondering why InQubeta’s developers opted to focus on artificial intelligence, the fact that investments in the space have surged 12x since 2015 likely has something to do with their decision. The AI industry couldn’t be any more attractive right now, as it pumps out products like self-driving taxis and humanoid robots that sort boxes out in warehouses.
Over $120 billion is being poured into AI today and more than $1.5 trillion will come into the space by 2030. This leaves InQubeta perfectly placed to help funnel a considerable fraction of these investment funds to AI startups trying to push the technology further.
Here’s what InQubeta’s unique investment protocol looks like:
- AI startups secure funding by selling non-fungible tokens with investment prospects added to them
- Also known as ERC20 coins, these NFTs are added to the marketplace where investors have access to data and information about the startups behind them
- Investors can buy any NFTs on the ERC20 token list with the project’s native token, QUBE. Investors can buy QUBE with their debit or credit cards
- ERC20 coins are transferred to investors who can sell them anytime they choose
Cardano prices have surged 50% in the past month
The Cardano project has struggled since the 2022 crash, but things are starting to turn around as it goes on its longest bull run in 2023. Prices have surged to $0.37 after remaining stagnant at around the $0.25 mark for most of the year.
Cardano prices were as high as $2.82 before the 2022 crash, but prices could grow 9x in the coming months.
Litecoin’s (LTC) major bull run is yet to come
Litecoin prices only rose 16% during BTC’s recent run, but a closer look at its price charts shows it is yet to make its major move. Many top altcoins are currently at the highest prices they’ve been all year, but that’s not the case with LTC.
LTC prices have been as high as $113 this year, so there’s still a lot of room for prices to rise as bullish attitudes take over the cryptocurrency space.
Monero (XMR) poised for more growth
Monero prices have only risen 7% in the past month despite how bullish cryptocurrency investors have been, but charts indicate more growth is to come as it finds support at $160. Market metrics like its 50-day exponential moving average at 158.76 suggest more growth will likely occur.
Summary
QUBE, XMR, ADA, and LTC are four of the best altcoins to invest in right now. QUBE has the most growth potential in the group, with some projections indicating prices could grow by up to 100x in 2024.
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