September was largely bearish, with the crypto market unfortunately experiencing staggering losses. According to CertiK, a leading security-focused platform that analyzes and monitors protocols and DeFi projects, crypto losses in September amounted to a whopping $332 million. In other news, Optimism ($OP) and InQubeta ($QUBE) are gearing up for what many experts believe could be an exceptional surge.
This article will delve into CertiK’s report. In addition, it will explore the potential opportunities presented by Optimism and InQubeta, including why they are altcoins to buy.
InQubeta ($QUBE): Blend of Innovation and Staggering Growth
InQubeta ($QUBE) is another project gathering substantial attention in the crypto space. As one of the new ICOs (initial coin offerings), InQubeta stands out for its fascinating blend of AI and blockchain technology. As a result, there has been overwhelming participation in its presale, with an astounding $3.4 million raised so far. Notably, it is fast gaining traction, with industry experts predicting a 50x price uptick in the coming months.
As an intersection of blockchain and AI, it aims to disrupt the AI industry by reshaping its fundraising landscape. It also seeks to make the profitable and fast-expanding AI market accessible to everybody.
To this effect, it will build the first blockchain-based crowdfunding platform for AI startups via crypto. To raise funds, AI startups will mint investment opportunities, which will be tokenized as NFTs. Further, these will be fractionalized and offered as equity-based NFTs to investors in the marketplace. Therefore, regardless of income, investors can own stakes in promising AI businesses and enjoy profits as they flourish.
Furthermore, its tangible utility will also play a pivotal role in its projected growth. Aside from being used for fundraising and investment activities, it will grant governance rights to holders. In other words, token holders will enjoy voting rights, giving them a say in the platform’s future directions. In addition, the token can be staked, with holders receiving rewards from its dedicated staking pool.
Currently, this exciting project is in the fourth stage of its presale, providing an early entry. The price per token is $0.0133, a cheap entry point considering its growth potential. This positions it as the best new crypto to invest in.
Certik: $332 Million Crypto Loss in September
Certik, a leading blockchain security firm, released a report revealing that the crypto space saw a total of $332 million in losses in September. This figure highlights the prevailing challenges facing the crypto landscape, including security breaches, hacks, and scams, and the need for robust security measures.
According to the report, a substantial $329.8 million was lost to crypto-related exploits. Following behind are exit scams, amounting to around $1.9 million. Lastly, flash loans accounted for about $0.4 million. Notably, within the report, Mixin Network, a Hong Kong-based cross-chain transfer protocol suffered the brunt of September’s losses, losing $200 million.
Optimism ($OP): Bullish Outlook
Amidst the security concerns in the crypto space, Optimism ($OP) emerges as a beacon of hope. Optimism is a layer-2 scaling solution for Ethereum. It was designed to enhance Ethereum’s capacity for transactions and smart contracts. Therefore, users can expect faster confirmation times and low gas fees, making it a popular layer-2 solution.
In addition to its solid fundamentals and pivotal role in the Layer-2 ecosystem, Optimism is also one of the top crypto coins. Currently, it is ranked among the top 50 cryptos by market cap, which highlights its relevance and dominance. Moreover, Optimism’s recent traction is believed to be the beginning of a monumental surge. Hence, it is one of the altcoins to watch in the coming days.
Conclusion
Amidst the whopping $332 million in crypto losses in September, Optimism and InQubeta have emerged as promising investment opportunities in October. Their solid fundamentals and unique value propositions make them the best cryptos to invest in. While Optimism is a freely traded token, to purchase InQubeta, follow the link below.
Visit InQubeta Presale
Join The InQubeta Communities
The post CertiK Reports Crypto Losses Hit $332M in September; Optimism (OP) & InQubeta (QUBE) Gear up for an Exceptional Surge appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/certik-reports-crypto-losses-hit-332m-in-september-optimism-op-inqubeta-qube-gear-up-for-an-exceptional-surge/