DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content nor undergo monitoring. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please .
The second-largest digital currency by market capitalization, Ethereum (ETH), is poised to cross the pivotal $4000 milestone for the first time since December 2021, following a 15% increase over the previous week. Concurrently, Total Value Locked (TVL) has propelled EigenLayer, a top restaking protocol, to rank as the second-largest DeFi (decentralized finance) protocol. Meanwhile, amid this revival, an emerging AI (artificial intelligence) altcoin, InQubeta (QUBE), has performed remarkably in its presale, gaining favor from investors as a long-term investment choice.
As an emerging crypto, InQubeta has reached significant milestones, generating sales of over $11.4 million in its presale. It offers investors an alternative way to fund AI projects without complying with traditional investment channels’ limitations. Let’s delve into the key factors propelling Ethereum’s and EigenLayer’s ascent and the reasons behind the growing favor of InQubeta as a long-term investment.
InQubeta (QUBE) Demonstrates Long-Term Investment Potential
InQubeta is an emerging crypto that is quickly becoming a favorite among investors. It offers an alternative investment solution, enabling individuals to invest in AI and set themselves up for exponential gains, even if they don’t fulfill many traditional investment options’ income or location requirements. InQubeta’s DeFi solution positions it to play a significant role in allocating money to AI startups as the technological revolution unfolds.
QUBE’s development centers on integrating non-fungible tokens (NFTs) into its platform. AI startups can fractionalize and mint investment possibilities as NFTs, enabling investors to participate according to their budgets and choices. Its marketplace enables AI startups to generate capital and distribute NFTs according to rewards and equity by selling trending NFTs. It acknowledges the drawbacks and accessibility issues with conventional investing channels while seeing limitless opportunities where AI technology and cryptocurrencies intersect.
One of the reasons this new DeFi project has gained favor among investors is its governance feature. This feature enables holders to participate in the platform’s decision-making. This approach promotes a varied, cooperative atmosphere by allowing token holders to suggest, debate, and decide on improvements that foster the platform’s development. This new DeFi project ushers in a new era of support for advancing AI technology by establishing an approachable and cooperative investment ecosystem.
The InQubeta presale is reaching new heights in the market and attracting investors’ attention, with over $11.4 million raised. As of stage 8, more than 878 million tokens have been sold. The presale has effectively drawn investors seeking long-term investment opportunities, making it one of the best altcoins to invest in for profitable returns.
Ethereum (ETH) Edges Nearer to $4,000
Since Ethereum has gained 4% in the last few days, its current price indicates that investor interest is again high. This rising pattern is strongly linked to the excitement surrounding the next Dencun update, which is expected to launch on the ETH mainnet by March 13. Proto-dank sharding, a calculated step to lower layer-2 blockchain transaction costs, is included in the Dencun upgrade, directly addressing scalability issues. Also, investors are anticipating the US Securities and Exchange Commission’s (SEC) possible approval of a spot Ethereum ETF. Ethereum’s continuous price increase may be further accelerated by approving an ETH ETF.
EigenLayer Climbs Financially
The EigenLayer protocol, which specializes in Ethereum restaking, has recently seen a notable increase in its Total Value Locked (TVL), rising above the $11 billion mark in just a short period. The cryptocurrency community’s growing interest in Ethereum’s Layer-2 solutions and liquid staking mechanisms, along with the impending Dencun Hard Fork on March 13, have been the main drivers of this increase. EigenLayer’s TVL, valued at $9.675 billion at the beginning of March, has increased to an astounding $11.712 billion. The financial success of the protocol is intimately linked to the resurgence of Ethereum beta games and the growing demand for Layer-2 tokens. The upcoming Dencun upgrade is anticipated to lower these chains’ prices, which could increase the use of Ethereum’s native tokens and altcoins.
Conclusion
As Ethereum continues its ascent toward $4,000 and the EigenLayer protocol climbs financially, the integration of blockchain and AI by InQubeta has drawn considerable investors towards the project. The platform allows AI startups to fractionalize and mint investment possibilities as trending NFTs. Join the ongoing QUBE presale to gain firsthand experience with the collaborative investment ecosystem and contribute to shaping the future of AI technology.
Visit InQubeta Presale
Join The InQubeta Communities
Source: https://finbold.com/ethereum-inches-closer-to-4000-with-eigenlayer-emerging-ai-altcoin-gains-favor-for-long-term-holdings/