Ethereum (ETH) is a top altcoin to watch right now as its prices broke the $2,400 resistance level for the second time in the last 30 days after jobless claims in the U.S. rose to 218,000, higher than market estimates that predicted 210,000.
The news led to an inflow of capital into the cryptocurrency space, but ETH prices have pulled back down to below $2,300 as the market corrects. Some analysts have predicted ETH prices could reach as high as $5,800 in 2024, making it one of the best cryptos to buy now.
Meanwhile, InQubeta (QUBE) is expected to have a phenomenal 2024 after tokens enjoyed a 175% price increase in 2023. Its presale has now generated over $8 million in token sales. The decentralized investment project aims to provide an alternative way to invest in artificial intelligence – one that doesn’t share the unnecessary income or investment requirements associated with many mainstream firms.
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Crypto experts dub InQubeta (QUBE) a top altcoin to watch
QUBE is set for 60% more growth before tokens are released on exchanges, and it’s projected to enjoy tremendous price increases once tokens are launched, given how undervalued they currently are at $0.01925.
The supply of tokens is quite small at 1.5 billion, and burn procedures take more tokens out of the circulating supply. There’s a good chance QUBE prices will reach a few dollars per token in the next couple of years as its market share grows.
InQubeta, one of the new DeFi projects, is arguably the best NFT crypto launched in 2023, and it is the first DeFi platform to open up access to AI investments. That sets the project up for tremendous growth as investments in the AI space expand. More than $1.5 billion is anticipated to be directed to the industry by 2030.
Investing in AI today sets investors up for tremendous returns, and the technological revolution unfolds before our eyes. InQubeta aims to democratize entry to these investments so anyone, anywhere on the planet can partner up with AI companies.
Here’s how the investment process works:
- AI startups are evaluated before getting access to InQubeta’s NFT marketplace. There their developers can make non-fungible tokens (NFTs) that serve as digital representations of investment opportunities
- Tokens are fractionalized, which divides them into smaller, more affordable pieces. NFTs are then added to the ERC 20 token list, where investors can research them and the opportunities they represent
- Investors need QUBE to make purchases on the NFT marketplace. QUBE can be bought with cryptocurrencies like Bitcoin (BTC) and Ethereum or fiat currencies
- Investors can hold on to their non-fungible tokens long-term or resell them whenever they choose on the marketplace. The value of these NFTs grows as the startups behind them expand their market capitalizations
How high will Ethereum (ETH) prices go in 2024?
Reports about the number of people filing jobless claims rising more than projected had a positive effect on cryptocurrency markets. It pushed ETH prices to the highest it’s been in over a year, and more growth is expected later in the year due to various factors.
Ethereum enjoyed 81% gains in 2023, and many analysts consider the second most popular cryptocurrency to be a good crypto investment to make right now.
Raoul Pal, a prominent crypto analyst, believes the approval of an Ethereum exchange-traded fund could propel prices upward significantly in 2024. He points to factors like Vitali Buterin’s roadmap for the ETH network’s evolution and planned changes to issues plaguing its proof-of-stake protocol as catalysts that will help drive prices.
Summary
QUBE and ETH are top crypto coins to buy right now as both will likely enjoy exponential growth this year. InQubeta is built on the Ethereum network, but many analysts have it outgrowing its parent network by a large margin. Some projections have QUBE prices growing as much as 10,000%.
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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.
