Bitcoin’s Profit Ratio Approaches Peak Levels; Enthusiasm Swells for This AI Altcoin Presale

Buying up Bitcoin (BTC) is one of the best crypto investments anyone can make as prices surge above $68,000. It’s now less than $1,000 away from its all-time high (ATH) set in 2015.

Bitcoin’s recent price surge has now taken the number of holders in profit to levels that haven’t been seen in the past two bull cycles. According to CryptoQuant, a blockchain analytics firm, BTC’s supply-in-profit is at 95% right now, meaning 95% of people who hold tokens can cash out for a profit now. 

The launch of BTC ETFs that fit the ETF acceptance criteria laid forth by the US Securities and Exchange Commission is one of the main factors pushing BTC prices upward. The April halving event is also pushing prices upward as it reduces the incentives for miners to sell newly minted BTC. 

While Bitcoin is expected to set a new ATH as high as $160,000 in 2024, it likely won’t outperform InQubeta (QUBE). The latter is an emerging crypto that looks to open up access to investment opportunities in the AI space. InQubeta is a decentralized finance project that focuses on democratizing access to AI investments. 

Top ICO InQubeta (QUBE) generates over $10.9 million in funding

The creative way InQubeta brings two of the fastest-growing technological sectors together in its ecosystem has captured the attention of many investors, helping it to surpass the initial $10 million funding goal set at the start of the ICO. 

The overachieving crowdfunding crypto has earned QUBE investors 250% returns as prices grew from $0.007 to $0.0245 during the first eight stages of its presale. QUBE prices are expected to reach as high as a dollar once tokens are launched on exchanges, thanks to factors like its excellent tokenomics and the utility it provides those looking to acquire equity in AI firms. 

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InQubeta only needs to reach the market capitalization of dog coins like Dogecoins (DOGE), currently at over $25 million, for prices to reach about $16. This means a $400 investment in QUBE today could be worth over $261,000 in the next few years. Buying up QUBE is an excellent opportunity to create generational wealth

Investing in AI could be just as profitable as buying up QUBE given the $1.5 trillion projected to enter the sector in the next several years. Here’s what InQubeta’s investment ecosystem looks like:

  • AI startups that are eligible to use the ecosystem create non-fungible tokens (NFTs) that offer reward or equity-based investment opportunities. These tokens can be thought of as the decentralized version of stocks
  • Tokens can be purchased by investors and other funding sources on the NFT marketplace. These tokens can also be resold at any point
  • Fractionalization allows investors to invest as little as they want into any of the startups fundraising on the ecosystem

How high will Bitcoin (BTC) prices go in 2024?

The most pessimistic BTC predictions have prices reaching at least $77,000 in 2024, while more optimistic ones have prices reaching $160,000. What many analysts agree on is that prices are still quite cheap given its growth potential in the next several years. 

Prominent analysts like Ark Invest CEO Cathie Wood, expect BTC’s prices to reach about $1.48 million by 2030. It’s a real possibility prices will reach that high given the trillions expected to be invested in BTC now that ETFs have been launched. 

Summary

BTC and QUBE are two of the top cryptos to invest in right now if you’re into making profits. Despite all the hype BTC is currently enjoying, QUBE will probably outgrow it in 2024 and beyond thanks to the much-needed investment space it looks to create. 

Visit InQubeta Presale 

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DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information 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. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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