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HomeNewsEthereum's Dencun Upgrade Nears After Final Testing; High-Level Investments Flow to Quant...

Ethereum’s Dencun Upgrade Nears After Final Testing; High-Level Investments Flow to Quant and Polkadot Killer

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Ethereum (ETH) developers have successfully tested the launch of its Dencun upgrade on its Holesky network. This marks the last step before the launch of the upgrade on its mainnet sometime next month. 

The Dencun upgrade includes the Deneb and Cancun upgrades that focus on improving the consensus layer and transaction execution. The most anticipated feature of the Dencun upgrade it’s the proto-dank sharding that paves the way for lower transaction costs and off-chain data storage. 

Ethereum is one of the best crypto investments investors can make right now as its prices have risen 14% in the past week, breaking the $2,700 mark for the first time in almost two years. 

InQubeta (QUBE) is one of the many blockchains created on the Ethereum network and it shares its parent blockchain’s functionality and security. It uses the ability to create a decentralized finance space that focuses on artificial intelligence (AI). Some are calling it one of the best DeFi projects launched in 2023.

Quant (QNT) prices have been highly volatile in the past year and they haven’t enjoyed substantial growth recently. The Quant ecosystem aims to make blockchains more interoperable. Polkadot (DOT) also connects blockchains with its multichain protocol, and its prices have grown 9.33% in the past week. 

Analysts dub InQubeta the best emerging crypto to invest in 

InQubeta giving investors a more accessible way to buy equity in AI startups positions it for considerable growth as the role of artificial intelligence in our lives expands. Investor interest in AI is at an all-time high and over $120 billion is currently invested in it. That figure was only $12 billion in 2015.

The investment capital directed at AI is projected to be more than $1.5 trillion by 2030 and InQubeta’s efficient investment space positions it for tremendous growth as it helps to funnel a portion of these funds to firms looking to advance artificial intelligence by connecting them with funding sources. 

AI will become a major part of our lives in the coming years, and it will create investment opportunities that bring in substantial returns. 

An ERC20-coin-based investment system

AI startups generate capital for their projects by creating non-fungible tokens (NFTs) that indicate reward or equity-based investment opportunities. The value of these NFTs isn’t just based on speculation; they are valued based on the tangible and intangible assets of the firms that make them. 

These tokens are split into smaller units to suit every investor’s budget. Investors can invest in any of the startups in the ecosystem by using QUBE, the project’s governance and native coin, to buy the NFTs sold on the marketplace. Like stocks, these tokens will increase in value as the market capitalization of their makers increases. 

Ethereum Dencun upgrade now ready for mainnet launch

The success test of the Dencun upgrade has opened the way for its implementation on the mainnet on March 8. The new upgrade will improve the blockchain’s efficiency while allowing for off-blockchain data storage, reducing congestion on the Ethereum network. 

ETH appears poised for considerable price surges as it soars past the $2,700 resistance level. Some projections have prices going as high as $6,500 this year. 

Quant’s (QNT) volatility might be a profitable investment opportunity

QNT prices have been volatile for the past year and tokens have lost 23% of their value. However, prices rose as high as $150 towards the end of 2023 and tokens are now priced at $104. Some analysts are saying this is a good entry point for those looking to earn short-term profits. 

Polkadot (DOT) surges 10% in the past week

Polkadot’s protocol allows blockchains to interact with each other and exchange data and assets. It’s expected to be a major player in the Web3 space and that should lead to consistent long-term growth. 

Summary

QUBE, ETH, and DOT are three of the best cryptos to buy now to enjoy exponential returns. While DOT and ETH are projected to deliver exponential returns, they likely won’t keep up with QUBE’s 100x growth projections. 

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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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