Bitcoin (BTC), InQubeta (QUBE), Dogecoin (DOGE), and Ethereum (ETH) are being dubbed some of the best coins to invest in right now as their prices rise following news of financial behemoth BlackRock modifying its pending spot Bitcoin ETF with the US Securities and Exchange Commission (SEC).
InQubeta, in particular, is generating lots of attention across the crypto space as its presale generates over $7.5 million in token sales as it prepares to enter its seventh stage. Early investors have earned 175% profits so far and newcomers get to grow their investments by 60% before tokens launch on exchanges.
BTC prices have grown considerably in the past few months, and it recently broke the $44,000 resistance level before prices came back down. ETH and DOGE haven’t kept up with BTC’s growth, but both projects have enjoyed considerable growth in 2023.
InQubeta (QUBE) emerges as one of the best coins to invest in
InQubeta plans to provide a more accessible way for people to invest in artificial intelligence (AI). The project has the promise to be one of the top DeFi projects in the cryptocurrency space thanks to the creative way it creates a seamless investment process that’s more transparent and accessible than mainstream investment channels.
2023 has been an excellent year for AI-focused cryptos as many of them enjoy considerable growth. The same can be said about mainstream corporations like Nvidia, which became a trillion-dollar company earlier in the year thanks to its AI-driving computer chips.
Investments in AI have grown exponentially as the technology becomes more viable, leading to an exponential influx in investment capital. More than $120 billion is currently invested in AI, and over $1.5 trillion is expected to pour into the space by 2030.
Investing on the InQubeta network
Investors don’t have to worry about unreasonable requirements when investing via InQubeta’s ecosystem. These investors use the project’s native token, QUBE, to buy ERC20 coins with investment opportunities minted into them.
Also known as non-fungible tokens, these ERC20 coins are made by AI startups looking for funding and serve as alternatives to stocks in the ecosystem. These tokens rise in value as the firms that make them expand their market shares.
Investors buy tokens on the NFT marketplace, and they can resell them anytime they choose for some QUBE.
Investors can also back the InQubeta network by holding and staking QUBE. Tokens are undervalued at $0.01925, and the project would only need a $1.5 billion market capitalization for them to be valued at over a dollar.
Blackrock’s SEC filing modification sending crypto prices up
Blackrock, the cryptocurrency investment firm and asset manager, recently filed amended S1 forms with the SEC, providing answers to questions that were asked by regulators during earlier conversations about their pending Bitcoin ETF.
These modifications are generally viewed as positive developments since they indicate the SEC and the firms seeking spot Bitcoin ETFs are working together to sort things out. Other corporations with pending applications like Wisdom Tree and Franklin will likely modify some of their filings in the coming weeks.
A Bitcoin ETF being approved is expected to send BTC prices surging upward. Even developments that suggest an ETF is close to being approved often increase bullish attitudes in the crypto space. Bitcoin and Ethereum have been the biggest beneficiaries of these developments so far, but less popular projects like Dogecoin have also enjoyed small boosts.
Summary
QUBE, BTC, and ETH are three of the best coins to invest in right now to earn considerable profits in 2024. QUBE has the potential to be the fastest-growing cryptocurrency next year as it helps to funnel over $1.5 trillion to AI startups.
Keywords: best coins to invest in, erc20 coins, top defi projects