Polygon (MATIC) Nears Resistance Level; Whales Eye Avalanche (AVAX) and InQubeta (QUBE), an Emerging AI Altcoin

The crypto scene isn’t short of excitement, from GoDaddy’s recent integration with ENS to Wormhole’s snapshot of its upcoming massive airdrop to Bitcoin hitting $50,000. With the overall market on the rise, altcoins have been gaining traction, with Polygon (MATIC) about to break the $1 resistance level. Undoubtedly, a breakout will make bulls more confident, positioning it as one of the best coins to invest in.

Meanwhile, whales have been showing quite a keen interest in Avalanche (AVAX), one of the top crypto coins, and InQubeta (QUBE), an emerging AI altcoin. Buzzing with potential, these are the best cryptos to buy now if you wish to position yourself for staggering gains.

InQubeta (QUBE): A Promising AI Altcoin

InQubeta (QUBE) is an emerging crypto with potential and a recommended presale for several reasons. For starters, it is a convergence of AI and crypto, hailed as a bullish narrative. Of equal importance is its explosive upside potential. These factors effectively fueled the massive presale participation—including whales—resulting in a whopping $9.9 million raised in early funding.

Its innovative concept as an AI crypto means it will solve critical problems within the burgeoning AI industry. Fundraising and accessibility to the market will be its primary areas of focus, which its crypto-based crowdfunding platform for AI startups and the custom-built NFT marketplace will solve.

To raise capital, tech startups will simply have to mint investment opportunities, which will be represented as equity-based NFTs. Next, these unique NFTs will be divided into bits—a fractional investment model—and offered to investors on the marketplace. This move will ensure investors can back emerging and groundbreaking AI ventures regardless of their income.

In stage 7 of the ICO, a token costs just $0.0224, and analysts are bullish. According to forecasts, it will experience a 60x rally after launch, positioning it as the best new crypto to invest in.

Polygon (MATIC): Will $1 Resistance Hold or Not?

Polygon (MATIC) is among the market’s top altcoins. It has been on a roll this year, mirroring the wider market’s bullish surge. This has seen it become an investor favorite, as many seek to ride this bullish wave and position themselves for more gains in the future.

Following a remarkable market performance, Polygon is about to break out from the $1 resistance level again. It has soared past this level several times in the past, with the latest being December 2023. A break above $1 will strengthen investor confidence and push the price upward, making it a good crypto to buy.

However, if the resistance holds and bulls fail to muster enough strength, Polygon may dip even further. Hence, before entering long positions, we suggest waiting for a breakout above the $1 resistance first.

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Avalanche (AVAX): Growing Whale Interest

Avalanche (AVAX) is one of the most fundamentally strong altcoins. As a layer-1 blockchain, it functions as a platform for decentralized applications (dApps) and custom blockchain networks. Some of the features that give it an edge in the blockchain space include its higher transaction output and scalability.

Trading in tandem with the overall crypto market and the bullish market conditions, Avalanche has caught whales’ attention. Its growing momentum and staggering upside potential make it one of the best coins to invest in. Therefore, whales doubling down on AVAX comes as no surprise.

If you wish to ride this bullish wave and not FOMO (fear of missing out) ahead of its recording of a new all-time high (ATH), now might be a great time to invest. Simply grab a bag of Avalanche and HODL.

Conclusion

Polygon is preparing to cross the $1 resistance level following a significant price uptick. Additionally, Avalanche and InQubeta have emerged as altcoins to watch after their remarkable performances caught whales’ attention. Poised to skyrocket, you can participate in the QUBE presale through the link below.

Visit InQubeta Presale  | Join The InQubeta Communities

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Torsten Hartmann
Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

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