Riding high on the spot ETF mania, Bitcoin (BTC) has been one of the most sought-after cryptocurrencies this year. Earlier in January, US regulators gave Bitcoin ETFs a green light which took the markets by storm. While the crypto sector is taken by the Bitcoin ETF Market effect, analysts suggest that Bitcoin’s price could reach an all-time high of $50k in the coming months.
The crypto market was also in good spirits due to the growing enthusiasm among investors for InQubeta (QUBE) and Quant (QNT). Both Quant and InQubeta have been driving impact by making DeFi more accessible for businesses.
In InQubeta’s case, its presale growth has been a major driver of its popularity. In 2023, it was hailed as one of the best new ICOs after its record presale success. Its ICO has so far raised $8.4 million.
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InQubeta: Leading AI startups to new heights
InQubeta is built on the Ethereum network and makes fundraising a stress-free job for startups. It also helps these companies grow their businesses by connecting them to industry professionals who can offer them valuable insights.
Investors can back a startup project by purchasing the corresponding NFT from InQubeta’s online marketplace. The portal is transparent and also allows fractional investment. All NFTs are bought with InQubeta’s native cryptocurrency, the QUBE token.
The QUBE token has played a huge role in boosting InQubeta’s popularity for multiple reasons. It’s a deflationary token that can inflation-proof your portfolio. When inflation rises, the supply of the token is decreased by the model.
With the supply lower than the demand, the price remains stable and there are no price fluctuations. Any uptick in the supply is countered by burning extra tokens in circulation.
This top altcoin also has a key role in the platform’s governance. Any new feature or protocol change is introduced by putting it to a vote. Token holders use their voting rights to participate in the process and eliminate unwanted changes to the platform.
InQubeta also provides a wide array of business development services for startups with which they can scale their business. One of the important services is mentorship and guidance support where startups can interact with experienced AI experts and learn about how to solve challenges in the sector.
These companies can bank on InQubeta’s legal and accounting support to get out of law-related or financial hurdles in their growth journey.
Quant’s Overledger to integrate with Make
Quant is a decentralized platform that provides blockchain-based assets for businesses and tools to create dApps for developers. Its native token is QNT and it’s used for all transactional purposes on the platform. What stands out about Quant’s tools is that they sport multi-chain capabilities.
Quant has started 2024 on a strong note as there has been a steady rise in investor interest due to its impressive growth. Going by key indicators, market experts believe that it might be a good time for QNT holders to consolidate their holdings.
In a recent development, Quant announced the integration of its multi-chain API platform Overledger with Make. With the move, the Make users would be able to leverage Overledger to automate workflows and create customized solutions for enterprises.
BlackRock’s Bitcoin ETF crosses $ 1 billion in investor inflows
Bitcoin is a peer-to-peer digital currency used for online payments. All transactions involving its native token BTC are authenticated using the proof-of-work consensus protocol.
Spurred by the excitement around spot ETFs, Bitcoin has strengthened its position in the market as a leading crypto asset. Given the uptrend in its performance, a section of analysts suggests that if Bitcoin manages to break the $50k level, it could extend these gains to reach a new all-time high (ATH) price.
Many experts feel it’s one of the best cryptos right now and it makes sense for BTC holders to increase their holdings.
In a related development, BlackRock’s Bitcoin ETF crossed $1 billion in investor inflows, making it the first among ETFs to unlock the milestone. BlackRock was among the eleven ETFs that started trading on January 10 after getting approval from the US Securities and Exchange Commission.
Conclusion
Bitcoin, Quant, and InQubeta are this year’s top cryptos to invest in. These coins put up a stellar show last year and could very well continue with the momentum in 2024 too.
These cryptocurrencies leverage the potential of DeFi technology to make it easier to use blockchain-based assets and create wealth. Their robust security frameworks boost crypto users’ confidence by keeping their assets and privacy well guarded.
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