Liquid staking is one of the most popular services in the decentralized finance (DeFi) world, with a TVL of over $31 billion at the moment. An exciting crypto news story that has been stirring up quite a buzz is the dYdX (DYDX) Foundation revealing its liquid staking launch on the dYdX chain with Stride, a liquid staking provider on Cosmos.
Meanwhile, following the SEC decision on Bitcoin ETFs, other altcoins at the heart of the current market buzz are Kaspa (KAS) and InQubeta (QUBE). These top crypto coins are gearing up for a massive uptick, making them popular options among traders as the best cryptos to invest in.
InQubeta (QUBE): A Trader’s Favorite
InQubeta (QUBE) has been making waves in the ICO world, becoming a favorite among traders seeking staggering gains. As one of the most promising new ICOs, it has significant growth potential, which explains the massive presale participation. At the time of writing, a whopping $8.6 million has been raised in early funding. This suggests rising adoption and popularity.
In stage 7 of the presale, a token costs just $0.0224—a good entry point. It has been hailed by analysts as the best new crypto to invest in, positioning it as one of the most bullish plays in the crypto scene currently. According to forecasts, it will experience a 6,500% jump after launch, making it a good crypto to buy.
In addition to its explosive upside potential, it stands out for its innovative concept—a blend of AI and crypto. It is being designed to solve the most pressing issues in the fast-rising AI market, notably market accessibility and fundraising. To solve these problems, it will build the first crypto-based crowdfunding platform for AI tech startups and an NFT marketplace for new and promising AI ventures.
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Show more +dYdX (DYDX): Launch of Liquid Staking With Stride
dYdX (DYDX) is the largest decentralized exchange by volume in the crypto space, boasting massive user numbers. In recent news—creating a significant amount of stir—it partnered with Cosmos through Stripe, the most popular liquid staking provider in the Cosmos ecosystem.
The dYdX Foundation announced the launch of liquid staking on the chain with Stride. If you aren’t familiar with liquid staking, it involves locking up tokens in exchange for a token receipt that can be used or traded in DeFi (decentralized finance) applications. With its launch on dYdX, stakers will receive trading and transaction fees via USDC.
This integration has been hailed by Strides co-founder Riley Edmunds. According to him, “This integration helps spread the word and increase interest for the Cosmos ecosystem more broadly.”
Kaspa (KAS): Rising Adoption
Kaspa (KAS) burst into the limelight in 2023, a run it is expected to maintain this year. As one of the biggest highlights of the previous year, it is anticipated to soar in 2024, especially since we might be entering a bull market.
What makes Kaspa stand out is that it is a proof-of-work (PoW) cryptocurrency that implements the GHOSTDAG protocol. This allows blocks to coexist and orders them in consensus. The other alternative is to orphan the blocks created in parallel.
Given the above, Kaspa is set for soaring adoption, which makes it one of the best cryptos to buy now. As one of the market’s top altcoins, its bullish wave is one you don’t want to miss out on.
Conclusion
dYdX recently launched its liquid staking with Stripe, sending a ripple of excitement within the community. Meanwhile, InQubeta and Kaspa have emerged as promising plays in the crypto scene. If you wish to become an early InQubeta holder, simply click the link below.
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