Bitcoin rode the speculative wave prior to the SEC decision on Bitcoin ETFs on January 10. This time, gearing up for a similar run is Ethereum (ETH), after the US SEC recently postponed its decision on Fidelity’s spot Ethereum ETF application to March. With speculative excitement still at its lowest, a strong rally is anticipated in the build-up to the potential ETF approval by the SEC.
Meanwhile, Fantom (FTM) and InQubeta (QUBE) have emerged as favorites among large-volume investors, popularly called whales in the crypto scene. This makes them altcoins to watch, which this post will also cover.
InQubeta (QUBE): Growth and Innovation
InQubeta (QUBE) is fast gaining attention from both retail investors and whales. It comes as no surprise, though, as it represents a blend of the world’s most transformative innovations: blockchain and AI. The frenzy around its ongoing presale has resulted in a staggering $8.5 million raised in early funding. Hence, it has been earning praise as the best ICO.
Its convergence of AI and blockchain makes it one of the most bullish narratives. At this intersection, it aims to transform the fast-rising AI industry, particularly the fundraising and accessibility aspects. To this end, it will build the first crypto-based crowdfunding platform for tech startups and a custom-built NFT marketplace. Hailed as revolutionary, it will employ a fractional investment model and real-world AI investment tokenization to reshape the sector.
To become an early adopter, you can participate in the ongoing presale, currently in stage seven. A token costs $0.0224 at its present ICO stage and has been tipped for a 6,500% rally after launch by analysts. This positions it as the best new crypto to invest in and a bullish wave not to miss out on.
Ethereum (ETH): Incoming Rally
2024 is shaping up to be an ETF frenzy. First was Bitcoin, with traditional investors gaining exposure and investing in BTC ETFs following their approval by the SEC on January 10. Next on the list, it appears, is Ethereum (ETH), the smart contract giant.
The US SEC recently postponed its decision on Fidelity’s spot Ethereum ETF application to March, stirring up quite a buzz. In a similar vein to Bitcoin, Ethereum has been tipped to skyrocket ahead of the SEC’s decision on its ETF. One of the Bitcoin ETF market effects was the price of BTC soaring past $48,000. Will a similar scenario play out with ETH? Perhaps.
According to analysts, speculation regarding an Ethereum ETF is still at its lowest. Leveraged long positions are anticipated in the coming weeks, which will push up the price of Ethereum, hence positioning it as one of the best cryptos to buy now. Not to miss out or FOMO (fear of missing out) later on, simply buy the rumor.
Fantom (FTM): A Whale Favorite
Fantom (FTM) is at the heart of the current market buzz, for good reasons. It recently emerged as a favorite among whales—a bullish indicator. With a strong rally anticipated soon, Fantom is one of the best coins to invest in.
It plays a similar role as Ethereum—a blockchain and smart contract platform. As a result, its current valuation of less than $0.5 makes it a compelling investment given its potential future growth.
To ride its strong bullish wave, we suggest accumulating some Fantom tokens ahead of its anticipated surge. HODL to position yourself for significant gains.
Conclusion
Ethereum is expected to skyrocket in anticipation of a spot ETF approval by the SEC. At the same time, InQubeta and Fantom have emerged as altcoins to watch thanks to their massive upside potential. To position yourself for staggering gains, these are the cryptos to consider.