Buying up Ethereum (ETH) has been a good crypto investment in the past month as its price grew by over 21%. That’s after a strong pullback occurred after prices broke the $4,000 resistance level. ETH is now trading above the $3,400 support level and its technical indicators suggest a tense equilibrium is building up.
Metrics like its 10-day exponential average at $3,574 suggest that tokens might be a bit overbought, while its relative strength index at 50.2 suggests buyers and sellers might be at a deadlock.
There’s no equilibrium in the InQubeta (QUBE) presale as buyers continue to buy up tokens. The new DeFi project has flown past its initial funding goal of $10 million and over $12.2 million has now been raised.
Celestia (TIA) will have its work cut out for it to keep up with InQubeta in 2024, despite enjoying over 600% growth in the past 12 months.
Best new cryptocurrency to invest in: InQubeta’s (QUBE) early investors are up 300% so far
One of the reasons why InQubeta’s initial coin offering has been so successful is the easy access to investment prospects in the artificial intelligence (AI) space it plans to offer its users. It looks to deliver an alternative to conventional investing channels that doesn’t come with the same long list of requirements.
InQubeta aims to create a mutually beneficial ecosystem where investors can acquire equity in AI startups, while these companies get more capital. Those who invest in it get to be part of its governance.
InQubeta’s blockchain is on the Ethereum network, which allows AI startups on its network to digitize reward and equity-based investment opportunities into non-fungible tokens (NFTs). Fractionalization is used to split these ERC20 coins into more affordable, smaller units that suit every investor’s budget.
Analysts predict massive AI boom by 2030
Artificial intelligence (AI) has come a long way in the past decade and most people are now connected to the technology in some way. Many new smartphones now come with AI-assisted features and companies like Amazon have started using humanoid robots to perform manual labor tasks in warehouses.
The improvements in artificial intelligence in recent years have led to investments growing by over 1,000% since 2015. About $120 billion is now financing AI and that figure is projected to jump to $1.5 trillion by 2030.
InQubeta’s investment space perfectly positions it to enjoy exponential growth in the coming years. Some analysts say QUBE, which is currently priced at $0.028, could be valued as high as $2 by the end of the year.
What’s next for Ethereum’s (ETH) price?
ETH’s price has dropped by over 8% in the past week after enjoying substantial growth, and market metrics suggest there’s now a deadlock between buyers and sellers. However, buyers are likely to win the battle because of factors like Bitcoin’s (BTC) upcoming halving event and the high likelihood of ETH spot exchange-traded funds being approved by the US Securities and Exchanges Commission.
Celestia (TIA) poised for massive growth
Celestia prices have dropped by 13.52% in the past month, after enjoying over 600% growth in the past year. Its utility has been the main factor driving its gains given its ecosystem makes it easy for anyone to launch a cryptocurrency.
While TIA prices have pulled back considerably in the past week, its market cap has risen by 10%, suggesting investors are taking this as an opportunity to buy tokens at cheaper prices.
Summary
QUBE, TIA, and ETH are three of the top cryptos to invest in this year. QUBE is expected to enjoy the most growth thanks to the tremendous increase in investment capital flowing into AI and the accessible investment space it looks to provide.
