Bitcoin ($BTC) prices are once again surging upward as prices clear the $28,000 threshold and find support. $BTC’s recent price surge has sent the prices of many top crypto coins up as well, including projects like Stacks ($STX) and InQubeta ($QUBE).
InQubeta is one of the new DeFi projects in the cryptocurrency space and it takes on mainstream investment firms by providing a new way to invest in artificial intelligence (AI) that’s more accessible than traditional mediums. Stacks provides a protocol that enables the deployment of smart contracts on the Bitcoin network.
Top crypto coins to invest in: InQubeta ($QUBE) predicted to mimic $BTC’s price growth
It’s not surprising to see InQubeta quickly emerge as one of the top DeFi projects around thanks to the number of things the ecosystem has going on in its favor. Its blockchain is built on the Ethereum ($ETH) network and enjoys its security, transparency, and functionality.
InQubeta uses non-fungible tokens (also called ERC20 coins), fractionalization, and smart contracts to create a secure and easily accessible medium to invest in artificial intelligence (AI) startups. It allows investors to skirt the stringent requirements of mainstream investment firms that deny a large fraction of the global population access to their services.
The AI industry couldn’t be any hotter right now as investments rise exponentially. Over $120 billion is currently invested in AI today and an additional $1.5 trillion is anticipated to pour into the space in the next several years.
The artificial intelligence revolution is underway and it will create new investment opportunities that offer exponential returns.
Investing through the InQubeta network
AI startups secure the funding they need on the InQubeta network by creating non-fungible tokens (NFTs) that represent investment opportunities. Think of these tokens as the decentralized blockchain version of stocks. They cannot be duplicated and their authenticity can be easily verified.
Companies make these tokens and list them on the NFT marketplace and investors buy tokens they find interesting with $QUBE.
Staking $QUBE tokens is another way to earn extra profits on the $QUBE network. A 5% marketplace tax funds a pool that periodically sends out $QUBE to investors who stake their holdings.
Stacks ($STX) poised for substantial growth
The much-needed solution Stacks provides by enabling the deployment of smart contracts on the Bitcoin network has allowed it to enjoy considerable growth in the past year as prices have grown by over 80%. Even bearish sentiments in the wider cryptocurrency space haven’t been able to slow down the project’s momentum.
Stacks will likely continue to enjoy consistent growth as $BTC prices rise with the potential to grow 2x if highs set earlier in the year are reclaimed.
Bitcoin ($BTC) prices break past $28k
$BTC prices are up 2.8% in the past week and price charts for the year look a lot like they did before the 2021 bull run that led to new highs being established. If buying momentum holds up, $BTC prices could be close to the $50,000 mark before the end of the year.
Market metrics like $BTC’s ten-day simple moving average at 27,465 and its relative strength index at 61 point toward prices climbing up some more.
Standard Chartered’s chief strategist and head of research, Geoff Kendrick, is on record predicting $BTC prices will reach $50,000 by the end of 2023 and clear the $100,000 mark in 2024. He points to the halving event due in April 2024 as a major factor that will drive prices upward as it cuts the supply of new tokens by half.
Summary
$QUBE, $STX, and $BTC are three top crypto coins you should consider adding to your portfolio today. $QUBE will likely enjoy the most growth in the coming years as it helps to funnel over $1.5 trillion into artificial intelligence.
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