Ethereum Bounces Back, But Can the Rally Last? Buzz Around New AI Altcoin Intensifies

Ethereum (ETH) is once again emerging as a good crypto investment as its prices bounce back after struggling for most of January. Prices are once again surging toward the $2,600 resistance level, which it surpassed early in the year. 

The bullish momentum currently building up in the cryptocurrency space can be credited to Bitcoin’s (BTC) current momentum after prices dropped to $39,000. BTC prices are now hovering around the $43,000 mark, and some are saying this is the start of its highly anticipated bull run now that exchange-traded funds that met the US Securities and Exchange Commission’s (SEC) ETF acceptance criteria have been approved. 

InQubeta (QUBE) is a top crypto to invest in as its presale generates over $8.6 million in token sales. It’s been a profitable venture for its early investors so far, delivering 220% returns. It’s one of the most promising new DeFi projects around, and it looks to make artificial intelligence (AI) investments more accessible than they’ve ever been. 

Top DeFi project InQubeta (QUBE) expected to outperform parent blockchain

The InQubeta blockchain is built on the Ethereum network, so it gets to share its security, transparency, and functionality. This allows InQubeta’s developers to create a unique investment process that replaces stocks with non-fungible tokens (NFTs). 

InQubeta’s objective is to serve as an alternative way to invest in AI for those who prefer decentralized finance over traditional mediums and those who don’t have access to mainstream investment companies. Many of these firms have prerequisites that disqualify a large portion of potential investors from using their services like net worth requirements they can’t meet. 

InQubeta is delivering a solution that makes it easier to invest in AI while getting more capital to companies looking to advance the technology positioning it for substantial growth in the coming years as more than $1.5 trillion is directed into the industry. 

Here’s how InQubeta’s ecosystem works:

• AI startups must earn their eligibility to fundraise on the blockchain by submitting required information
• Companies that pass get access to the NFT marketplace, where they make ERC20 coins. These tokens symbolize reward or equity-based opportunities and cannot be duplicated
• Investors obtain QUBE with their debit/credit cards or crypto coins and use the network’s governance and native token to make purchases on the marketplace. Buying the ERC20 coins made by the AI startups seeking capital earns them equity and other rewards like profit sharing
• Investors get to choose how long they want to hold on to their ERC20 coins. These tokens can be resold at any time, giving investors lots of liquidity

Investors can also invest in InQubeta by holding on to QUBE tokens long-term. QUBE is undervalued at its present $0.0224 price and prices could reach $1 before the year ends. 

How high can Ethereum (ETH) prices go?

Technopedia predicts ETH prices will reach $6,500 in 2024 thanks to factors like the SEC’s decision on Bitcoin ETFs and the bull market Bitcoin is expected to generate as its halving event approaches. With the SEC approving 11 spot Bitcoin ETFs, the likelihood of an Ethereum spot exchange-traded fund being approved is now higher than ever. 

As is the case with Bitcoin, an Ethereum ETF would lead to an inflow of trillions of dollars into the Ethereum space, driving prices upward. 

While Ethereum investors are expected to see exponential returns on their investment this year, its growth likely won’t keep up with InQubeta’s projected 100x growth. 

Summary

QUBE and ETH are two of the best coins to invest in today. Both will likely earn you huge profits, but QUBE is projected to enjoy more growth thanks to high investor interest in AI firms and the decentralized investment space it provides for people who need an alternative to mainstream investment firms.

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