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HomeNewsBitcoin ETF Interest Rises, Cardano and Polkadot Challenger Set for Breakthroughs

Bitcoin ETF Interest Rises, Cardano and Polkadot Challenger Set for Breakthroughs

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Bitcoin (BTC) exchange-traded funds (ETFs) are once again enjoying increased interest as BTC’s price surges past the $71,000 level after pulling back to the $65,000 support level. Bitcoin now appears to be going on another substantial bull run before its April 19 halving event. 

People investing in BTC ETFs have been one of the main factors helping to propel Bitcoin’s price upward as billions of dollars enter the new asset class. Some financial analysts like Robert Kiyosaki have BTC’s price breaking the $80,000 support level before the halving. 

Cardano (ADA) and Polkadot (DOT) challenger InQubeta (QUBE) is also seeing a surge of investor interest as its presale sells over 961 million tokens valued at $13.3 million. The numbers InQubeta’s initial coin offering has brought in put the emerging crypto in the same league as projects like Solana (SOL), and it might end up raising more than the Binance Coin (BNB) secured during its ICO.

Best coin to invest in: InQubeta (QUBE) offers investors 100x returns

InQubeta’s mission is to provide a space where anyone can get easy access to investment opportunities in the artificial intelligence (AI) space. It will provide an alternative for all those who can’t invest through conventional investing channels due to not meeting their requirements. 

The problem InQubeta plans to solve by opening up investments in the AI space for everyday people is one of the factors driving the project’s success. 

Here’s how the ecosystem will function: 

  • AI startups that are qualified to use InQubeta’s crowdfunding space digitize investment opportunities they have to offer into non-fungible tokens (NFTs) created on the blockchain. You can think of these as InQubeta’s version of stocks
  • The non-fungible tokens generated by these startups are fractionalized, so smaller fractions of any tokens can be purchased to suit every investor’s budget
  • Investors can back any of the startups in the ecosystem by simply buying fractions of their NFTs with QUBE. This earns them equity and any other rewards stated on the tokens
  • Investors can hold on to their ERC20 coins for any length of time or resell them on the NFT marketplace to other users

AI has already started changing how many sectors operate, and the party is just getting started. InQubeta intends to make it possible for anyone who wants to be part of the AI revolution to buy equity in startups and position themselves to build generational wealth

Lots of profits can also be made by purchasing and holding on to QUBE. Tokens sell for $0.028 in the presale’s ninth stage, but they could be worth as much as $100 in the next several years as it helps to direct over $1.5 trillion into AI-focused companies. 

Bitcoin (BTC) surges as halving approaches

People investing in BTC ETFs are helping to drive prices up, and providers are once again reporting net inflows. Some analysts expect BTC’s price to reach as high as $160,000 in 2024 thanks to the push it gets from exchange-traded funds and miner rewards being cut in half in a little over a week. 

Cardano’s (ADA) struggles continue

Cardano has been one of the few altcoins that haven’t enjoyed substantial growth, as BTC’s price surges have helped to push the prices of most cryptocurrencies upward. Cardano is one of Ethereum’s (ETH) rivals and it could enjoy as much as 5x growth if a bull cycle starts. 

Polkadot (DOT) preparing to surge

DOT’s price has dropped by 14% in the past month, but solid support has been found at the $8 support level. Its ecosystem provides lots of utility by allowing for the transfer of assets and data on specialized blockchains and its usefulness should help push its prices higher as Bitcoin sets new all-time highs (ATH)

Summary

QUBE, DOT, and BTC are three of the best cryptos to invest in now, given their growth projections for 2024. QUBE will probably outperform the others, with some analysts predicting 100x as it opens investments in the AI sector. 

Visit InQubeta Presale 

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John Kiguru
John Kiguru
John Kiguru is an accomplished editor with a strong affinity for all things blockchain and crypto. Leveraging his editorial expertise, he brings clarity and coherence to complex topics within the decentralized technology sphere. With a meticulous approach, John refines and enhances content, ensuring that each piece resonates with the audience. John earned his Bachelor's degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. His academic background enriches his ability to grasp and communicate intricate concepts within the blockchain and cryptocurrency space. Business Email: info@ethnews.com Phone: +49 160 92211628
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