HomeNewsSpot ETF Speculation Drives Ethereum (ETH) Price; Aptos (APT) Gathers Steam; InQubeta...

Spot ETF Speculation Drives Ethereum (ETH) Price; Aptos (APT) Gathers Steam; InQubeta (QUBE) Hits $10M in Presale

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The crypto scene has been buzzing with excitement following Ethereum’s (ETH) rise to $3,000—a level last seen in 2022. While several factors can be linked to this price milestone, spot Ethereum ETF speculation is one of the factors driving the surge.

Delving deeper into the market, Aptos (APT), one of the top crypto coins, has been gathering steam as it prepares for a breakout. In the ICO world, InQubeta (QUBE), a top ICO, has shot past $10 million in its ongoing presale.

InQubeta (QUBE): Surpassing $10 Million in Presale

InQubeta (QUBE) is a new player aiming to take the crypto world by storm. As one of the most promising new ICOs, a whopping $10 million has been raised in early funding, leaving early holders excited. This massive presale participation further highlights investor confidence in its potential and appeal.

While it is an AI altcoin—a bullish narrative—other factors that make it stand out are its deflationary tokenomics, governance feature, and staking rewards. In addition, the critical problems it aims to solve in the AI sector make it poised for adoption.

By building the first crypto-based crowdfunding platform, it intends to allow AI tech startups to raise capital through crypto, using its QUBE token. Startups will source capital by minting investment opportunities as NFTS, which will be divided into bits and offered to investors on the marketplace.

In stage seven of the ICO, a token costs just $0.0224, and analysts predict explosive growth. According to popular predictions, it will experience a 7,000% jump after its launch, making it not only a recommended presale but also the best new crypto to invest in.

Ethereum (ETH): Riding The Wave Around Spot ETF Speculation

Ethereum (ETH) can’t seem to stay away from the spotlight. The second-largest crypto by market cap is at the heart of the market buzz after hitting $3,000, a level last seen in 2022. While a number of good factors can be linked to its explosive growth, speculation around spot Ethereum ETFs is the main driver.

Following the approval of spot Bitcoin ETFs by the US SEC in January, analysts and speculators are optimistic about the green light for Ethereum ETFs. However, decisions on several high-profile ETF applications have been recently postponed by the SEC. Nevertheless, they will have to either deny or approve VanEck’s ETF application in May.

Ahead of the potential approval of spot Ethereum ETFs, ETH has been on a roll. The ecosystem’s growth, notably the creation of the ERC-404 experimental token standard and the impending launch of the Dencun upgrade, has been spurring its price.

Aptos (APT): Momentum on the Rise

Aptos (APT) is a layer-1 proof-of-stake (PoS) blockchain and a big player in the crypto space. Its novel smart contract programming language makes it unique and contributes to its appeal. More importantly, its vision includes bringing mainstream adoption to Web3, which is expected to give it more exposure and drive token demand.

With excitement and optimism on the rise, considering recent developments like GoDaddy’s integration with ENS and the Starknet airdrop, Aptos has been gathering momentum. This run will likely lead to a price breakout, making it one of the altcoins to watch.

If you wish to ride this bullish wave and not miss out or FOMO (fear of missing out) later on, you can add Aptos to your portfolio now. Just HODL (hold on for dear life).

Altcoins have been enjoying a period of rallying, with Ethereum’s uptick primarily influenced by speculation around its ETF approval. In addition, Aptos has been gaining momentum, while InQubeta, an emerging crypto, is poised to skyrocket after its launch. You can become an early QUBE adopter by following the link below.

Visit InQubeta Presale 

Join The InQubeta Communities

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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