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Bitcoin (BTC) May See a Pullback but Altcoins Injective (INJ) & InQubeta (QU...

 8 months ago
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Bitcoin (BTC) May See a Pullback but Altcoins Injective (INJ) & InQubeta (QUBE) Poised for Rally

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Bitcoin (BTC) prices came close to the $44,000 resistance level last week, but prices are now back down to $42,000 as markets correct. Many in the cryptocurrency space aren’t particularly worried about the pullback given new support has been found, but some pessimistic analysts are worried that prices dropping any further could lead to a substantial sell-off.

Meanwhile, InQubeta (QUBE) and Injective (INJ) have emerged as two of the best altcoins to invest in as their prices have risen exponentially this year. QUBE prices have surged 175% since its presale started, while INJ prices have grown by over 2,200% this year as it emerges as one of the best DeFi projects around. Both cryptos are excellent examples of the major role decentralized finance will play in the future as they open up investment opportunities to all who want to participate.

Best altcoin to invest in: InQubeta (QUBE) poised for massive rally as presale passes $7.1 million milestone

InQubeta is one of the most discussed new DeFi projects in the cryptocurrency space this year. The Ethereum-built project uses ERC20 coins to create a more accessible way to invest in artificial intelligence (AI). This will give investors who don’t meet the income requirements of many mainstream investment channels an alternative way to partner with AI startups and earn considerable returns.

InQubeta’s focus on artificial intelligence positions it to enjoy substantial growth as investments in the technology rise exponentially. Only $12 billion was invested in the technology as of 2015, but that figure has now grown to $120 billion. Investments in AI are presumed to continue to grow exponentially in the coming years and over $1.5 trillion is projected to be directed at the technology.

Investing in AI now positions investors to enjoy substantial profits as the technology’s viability increases. The technology is currently on course to reshape many industries and tech experts like Bill Gates believe it could start causing massive disruptions in a couple of years.

Here’s what the investment process looks like on the InQubeta network:

  • AI startups that have been approved generate capital by developing and selling non-fungible tokens with investment opportunities minted into them. These ERC20 coins work a lot like stocks and some provide bonuses like discounts or profit-sharing
  • Investors browse the NFT marketplace where they can learn more about the AI startups’ fundraising and the ERC20 coins they offer. Investors acquire tokens they like with QUBE, which they can get with their debit/credit cards or major cryptocurrencies
  • NFTs purchased can be resold on the marketplace at any time and their values increase as the companies that create them expand their market capitalization

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Injective (INJ) poised for more exponential growth in 2024

Injective has emerged as one of the top Defi projects in the cryptocurrency space and that has led to an influx of new users to its ecosystem. The project provides various decentralized financial services like spot and derivatives exchanges. Its ecosystem is also compatible with other popular cryptocurrency networks used to launch DeFi services like the Solana (SOL) and Ethereum (ETH) networks.

Injective has the potential to enjoy similar growth patterns in 2024, making it one of the best DeFi projects to invest in.

Bitcoin (BTC) is likely to see more growth

While some pessimistic investors are worried about BTC prices shrinking considerably, that’s unlikely to happen given factors like the project enjoying consistent inflows for 11 weeks straight, the hype surrounding a spot ETF being approved, and the halving event due in April that will cut miner rewards in half.

Summary

QUBE, BTC, and INJ are three of the best altcoins to invest in right now. While BTC might be the king of cryptocurrencies, it will likely enjoy the least growth with even the most optimistic projections expecting no more than 4x growth. INJ prices could rise as much as 20x, while QUBE prices could grow as much as 100x.

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