The cryptocurrency market is currently abuzz with speculation about the prospects of top cryptocurrencies like Bitcoin. While analysts feel that Bitcoin could comfortably cross the $30,000 level, some traders are even ready to invest huge sums of $650M in the potential long-term rise of the pioneering cryptocurrency. The BTC cryptocurrency is the first digital asset to be rolled out in the world and among the best cryptocurrencies to buy now. Bitcoin is expected to unlock new milestones this year.
InQubeta (QUBE) is another cryptocurrency that has captured the attention of analysts with its unique model and diverse use cases. Powered by Ethereum, the platform helps startups working with artificial intelligence to find authentic fundraising opportunities. Its presale success is another reason that has been driving its popularity. InQubeta is now on every leading analyst’s cryptocurrency ICO list after its presale funding crossed $ 3 million. As the project is currently in its fourth stage and still has many more phases to go, analysts predict significant rises in the coming months. Some think the QUBE token could surge 2800% in the long term and mimic the success of more mainstream cryptocurrencies.
InQubeta: Expanding AI in the realm of DeFi
If you are considering what cryptos to buy now, InQubeta is a good option thanks to its state-of-the-art model. The platform has a two-fold purpose. It helps startups gain access to ample funding and kickstart their projects and also helps investors get access to promising opportunities. With InQubeta, investors can look forward to accessing projects ahead of their market launch and beat the competition.
A key USP of the platform is its transparent model. To get started, startups need to decide on what they would like to offer the investor in exchange for the funding. The offer may comprise a reward level or a share in the equity of the company. These offers are tokenized and minted into NFTs and then made available on InQubeta’s NFT marketplace. To buy these NFTs, potential investors can use InQubeta’s native cryptocurrency, the QUBE token. The ERC-20 token can be bought on presale and is currently one of the most demanded tokens in the crypto sphere.
These NFTs can be bought in small parts or as a whole asset. This fractionalization helps investors who might not have large enough budgets to invest in promising startups.
InQubeta has been rated as one of the altcoins to watch out for in 2023 because of its deflationary model. In a deflationary model, the token supply is always kept lower than the demand. If the supply increases beyond a level that the team is comfortable with, extra tokens in circulation are burned or destroyed. Even a part of tokens collected as tax proceeds is burned to keep the token supply scarce.
Another way to earn with the platform is via staking. QUBE token holders can stake their assets in exchange for rewards. The longer they hold the tokens, the higher the rewards they can earn.
Bitcoin miners eye alternative sources of energy
Bitcoin is among the most traded tokens in the world. Its native cryptocurrency is the BTC token and it is used for all transactional purposes on the platform. The blockchain powers not just a cryptocurrency but also several decentralized platforms. The network is secured by the proof-of-work consensus algorithm, with new tokens generated through mining. Miners can generate new BTC tokens either by operating on their own or becoming a part of a mining pool.
Meanwhile, several Bitcoin developers are now looking for alternative energy sources for their mining operations. One of the problems of bitcoin mining is the vast amount of energy it consumes, which can be expensive and harm the environment. If these issues can be solved through renewable or clean sources of energy in the future, as looks likely, then BTC will gain wider acceptance and see long term gains. This has been a significant factor in traders waging $650 million on the coin.
Analysts are also of the opinion that Bitcoin could soon cross the coveted $30k level and establish a new support zone.
Conclusion
While Bitcoin has its fair share of strengths, it lags behind InQubeta in terms of growth potential. InQubeta paves the way for an average crypto user to invest in startups and create a sustained source of earnings. The platform is ideal for users looking to diversify their crypto portfolio and earn long-term returns. Its security framework and deflationary token also help in boosting crypto users’ confidence in the QUBE ecosystem. Head over to the InQubeta presale and get a chance to accumulate this new cryptocurrency at attractive rates.
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Source: https://www.analyticsinsight.net/30k-btc-traders-wager-650m-on-rise-qube-targets-a-2800-rise/