Bitcoin’s Bull Market: Understanding the Holdup; Chainlink and InQubeta Witness Increasing Popularity

Investor sentiment post BTC ETF is finally buoyant as the Bitcoin (BTC) market value rises. The token has recently picked up by about 9%, following a sharp 21% decline that breached its key support. Several price corrections over the past three months have kept the cryptocurrency from realizing its bull market. Despite the holdup, analysts remain optimistic that a bullish trend is here.

Two altcoins, InQubeta (QUBE) and Chainlink (LINK), are on the path to prominence. InQubeta has gained increasing popularity due to its surging presale, which is selling out quickly as investors rush to acquire more tokens before its launch. Chainlink is witnessing an increase in investor interest following its recent partnership with another top altcoin that has been making big moves. This article explores these three projects as they intrigue investors with opportunities for impressive returns.

InQubeta (QUBE): Gem Token With Impressive Utility

As the QUBE presale surges, its popularity grows, attracting more investors looking for top projects with a good return on investment (ROI). With a ten-stage presale launched at a start price of $0.007 unfolding with massive purchases, InQubeta invited investors to buy at discounted prices and earn a massive 340% increase upon launch. With over 736 million tokens sold at stage 7 and nearly $8.6 million raised, the blockchain ICO is poised to become one of the top-performing altcoins in 2024.

InQubeta offers a pathway for investing in AI tech startups. Utility in these companies is minted into trending NFTs (non-fungible tokens) and listed in a peer-to-peer NFT marketplace. With these NFTs, fractional investments are made possible, ensuring diversity in investment portfolios without the need for big budgets. Its affiliation with the artificial intelligence industry makes InQubeta an intriguing option for investors seeking top projects for a quick turnaround. 

The trending NFTs are not the only features fueling InQubeta’s popularity. Token holders can stake their QUBE and earn from a staking protocol funded by a 5% sell tax. Governance rights also exist on the platform for holders, ensuring user participation in the project’s development. The project is selling at a DeFi coin price of $0.0224, offering a 37% increase from its potential list price of $0.0308. With an impending rise to $0.0255 in stage 8, the ROI is set to drop to 20%, causing investors to stock up on their holdings now.

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Bitcoin (BTC): Upcoming Price Rally

A potential 50% retracement from the recent BTC drop has been predicted, possibly pushing the coin’s value to $49,000 if buyers maintain their momentum. Bitcoin is experiencing even more seemingly out-of-reach predictions, as hedge fund veteran Anthony Scaramucci points to previous price patterns for a potential surge to $170,000. This proposed increase would be due to the impending halving event slated for April. Scaramucci’s long-term vision hints at BTC attaining this peak growth in an estimated 18 months following the event.

The recent positive investor sentiment post BTC ETF is also due to the new Google policy that lifts the ban on some crypto-related advertisements. Both the cryptocurrency and its spot ETF will likely meet the requirements for this revival, leading to more visibility. Analysts are optimistic that the holdup in Bitcoin’s bull market is due to the upcoming halving event. Till then, investors anticipate slow but steady growth, after which BTC should surge to unprecedented heights.

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Chainlink (LINK): Partnership With Arbitrum

The increased popularity of Chainlink is due to several events surrounding the project. Following its dip in the past week, the token has witnessed a price correction, rising by about 3% and showcasing a bullish trend on the charts. In a recent post on X by an account known as Scam Sniffer, snapshots showed a crypto scam that drained several millions of LINK tokens alongside other altcoins. 

LINK’s popularity is also due to its collaboration with Arbitrum (ARB), the layer-2 Ethereum scaling solution that gained prominence for its Optimistic Rollups. An update released in the past week and confirmed by AMBCrypto shows that the Chainlink Function is now operable on Arbitrum’s ecosystem. Its trading volume has dipped following this update, while its DeFi coin price continues to increase steadily, leaving a green candle on the charts.

Conclusion

Bitcoin exceeds expectations as the top cryptocurrency retraces its drop and exceeds the $43,000 mark. The token is set to breach its first resistance, causing increased buying interest from whales and investors. Chainlink is recording a price correction as it comes out of its recent dip. InQubeta remains the best crypto project for substantial returns with its discounted prices and growth potential amid increased popularity.

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Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The inforation provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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