InQubeta (QUBE), Fetch.ai (FET), Injective (INJ), Solana (SOL), and Stacks (STX) are some of the top altcoins to watch right now thanks to the impressive growth they’ve enjoyed this year. The cryptocurrency market has enjoyed a massive inflow of investment funds in 2023 sending the prices of many crypto coins surging upward.
Bitcoin (BTC), the king of cryptocurrencies, has been a major factor driving this increase in prices as the value of altcoins typically increases in proportion to BTC’s growth. BTC has passed $44,000 and found solid support which should lead to more growth for altcoins like InQubeta.
Top 5 altcoins to watch: New DeFi project InQubeta (QUBE) tops our list
Ready to find out which altcoins are most likely to earn you considerable returns? Let’s take a look at some of the best altcoins to invest in right now:
1. InQubeta (QUBE)
InQubeta’s presale was moving full steam ahead even before cryptocurrency prices started trending upward. The presale started during one of the most bearish periods in the crypto space this year, but that didn’t stop it from emerging as a favorite among investors.
Tokens are now selling out at a faster rate as bulls take over the crypto space, raising over $6.3 million in token sales as it moves into its sixth stage.
InQubeta takes on mainstream investment entities by providing a more accessible medium for investors to partner up with firms focused on artificial intelligence (AI). It allows startups to fundraise by selling non-fungible tokens that denote investment opportunities. These tokens work like stocks in the ecosystem and can be resold on the NFT marketplace at any point.
InQubeta is set for tremendous growth as over $1.5 trillion is expected to enter the AI space by 2030. The unique solution the project provides as the first DeFi crowdfunding platform focused on AI sets it up for exponential long-term growth.
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2. Fetch.ai (FET)
Fetch.ai has been one of the most successful cryptocurrency projects this year, with over 673% growth. Like InQubeta, the project focuses on advancing artificial intelligence and the growth it has enjoyed this year is a testament to the improvements made to the automated bots the project specializes in.
Tech gurus like Bill Gates anticipate bots, like the ones developed by Fetch.ai, will redesign the online shopping and the e-commerce space and the exponential growth of the Fetch.ai ecosystem shows many investors also expect it to be a major player as the AI revolution unfolds.
3. Stacks (STX)
Stacks is the first Bitcoin layer that enables the development and deployment of smart contracts. Its protocol brings the functionality of the Bitcoin network a bit closer to that of its main competitor, the Ethereum (ETH) network, and the project has enjoyed 355% growth this year.
Stacks prices will likely grow in proportion to BTC so there’s a good chance prices will grow up to 4x within the next year.
4. Solana (SOL)
The Solana project provides an open-source ecosystem that provides decentralized finance solutions. The project recently surpassed Cardano’s (ADA) market cap and is now the sixth most popular crypto.
SOL prices have risen 344% in 2023 and that momentum is expected to carry over into 2024 thanks to the BTC boom.
5. Injective (INJ)
Injective is one of the best DeFI projects in the cryptocurrency space, providing various decentralized finance solutions like spot exchanges, derivatives exchanges, and lending protocols. INJ prices have surged upwards as a growing number of users run to its ecosystem as it’s also compatible with other top blockchains used for DeFi like the Ethereum and Solana networks.
INJ prices have risen 934% this year and will likely continue to enjoy exponential growth in 2024.
Summary
INJ, QUBE, SOL, FET, and STX are five of the best cryptos to invest in right now to earn substantial profits in the coming months and years. While all five projects have tremendous growth potential, QUBE will likely enjoy more growth as it funnels capital to companies that advance artificial intelligence.
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