As Bitcoin Settles at $42,000 We Examine The Best Alternatives For Growth

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The crypto landscape is one where volatility is always on the menu, characterized by constant price swings. After a period of turbulence, Bitcoin (BTC) has been able to maintain key support at $42,000. However, with many lacking the financial buoyancy to ride its bullish wave, we will examine the best alternative cryptocurrencies for growth.

This post will cover Injective (INJ), Fantom (FTM), and InQubeta (QUBE), explaining what makes them the best cryptos to buy now.

InQubeta (QUBE): The Most Promising ICO

The ICO space has long been a hunting ground for gems with staggering growth potential. Among the competition, InQubeta has risen as the best ICO. It has raised an astounding $7.2 million in ongoing presale participation due to its innovative concept and growth potential.

It will become the first crowdfunding platform for AI startups through cryptocurrency. This is expected to reshape the idea of fundraising in the AI sector. By minting investment opportunities as NFTs and offering them to investors, startups will be able to source capital, which is pretty amazing.

In the sixth round of the ICO, a token costs just $0.01925. With analysts bullish, they predict a 65x rally after its launch. You can participate in the presale by following the link below.

Bitcoin (BTC): Support at $41,000

Bitcoin (BTC) stands above other cryptos as the first and best cryptocurrency. It is at the front of the current market rally and recently hit a year-high of $44,000. With the crypto market not moving in a straight line, BTC has taken a hit.

However, Bitcoin’s price has recently shot up, settling above $41,000. What is the reason behind BTC’s rally, though? The optimism around the approval of a spot ETF has been the primary cause.

If you are holding BTC, you should anticipate a price jump in the coming days. At least according to experts’ forecasts.

Injective (INJ): Explosive Growth

Injective (INJ) is one of the best alternative cryptocurrencies for growth. If you wish to overlook Bitcoin, INJ is one of the top altcoins to watch for staggering gains. Injective has been one of the most impressive tokens of the year, with an especially strong rally in the final quarter.

Riding the bullish wave, Injective rose from $1.6 at the start of the year to now trade above $38. This is one of the biggest success stories this year. Given its upside potential, it is among the best coins to invest in.

Fantom (FTM): Massive Upside Potential

Fantom (FTM) has been one of the most resilient and impressive tokens this year. If you follow the crypto market, you will notice Fantom is often the first to recover during a market downturn.

The above is one of the ways to identify solid and promising projects: their price action when the market is red or recovering. This makes Fantom one of the best cryptos to invest in.

Furthermore, its price is ridiculously cheap, worth less than $0.5. With strong bullish waves to surf, Fantom is a great way to see massive gains.

Conclusion

With Bitcoin above $41,000 and trading sideways, the best alternatives for growth are Injective, Fantom, and InQubeta. These cryptocurrencies stand at the intersection of growth and innovation. Hence, you can ride their bullish wave by investing in them.

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*This article was paid. Cryptonomist did not write the article or test the platform.

Source: https://en.cryptonomist.ch/2023/12/22/bitcoin-42000-examine-alternatives-growth/