Bitcoin (BTC) exchange-traded funds (ETFs) are once again enjoying increased interest as BTCโs 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.ย
People investing in BTC ETFs have been one of the main factors helping to propel Bitcoinโs price upward as billions of dollars enter the new asset class. Some financial analysts like Robert Kiyosaki have BTCโs price breaking the $80,000 support level before the halving.ย
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 InQubetaโs 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
InQubetaโs 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 canโt invest through conventional investing channels due to not meeting their requirements.ย
The problem InQubeta plans to solve by opening up investments in the AI space for everyday people is one of the factors driving the projectโs success.ย
Hereโs how the ecosystem will function:ย
- AI startups that are qualified to use InQubetaโs crowdfunding space digitize investment opportunities they have to offer into non-fungible tokens (NFTs) created on the blockchain. You can think of these as InQubetaโs 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 investorโs 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.ย
Lots of profits can also be made by purchasing and holding on to QUBE. Tokens sell for $0.028 in the presaleโs 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.ย
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 BTCโs 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.ย
Cardanoโs (ADA) struggles continue
Cardano has been one of the few altcoins that havenโt enjoyed substantial growth, as BTCโs price surges have helped to push the prices of most cryptocurrencies upward. Cardano is one of Ethereumโs (ETH) rivals and it could enjoy as much as 5x growth if a bull cycle starts.ย
Polkadot (DOT) preparing to surge
DOTโs 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).ย
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.ย