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InQubeta (QUBE) and Polkadot (DOT) are two of the top altcoins to buy as analysts anticipate both projects will enjoy substantial growth in 2024.
InQubeta plans to offer an alternative way to invest in artificial intelligence (AI) and ride the technological wave. It uses the functionality of its Ethereum-hosted blockchain like smart contracts and ERC20 coins to create an efficient investment space that allows users to avoid dealing with traditional investment channels and their tiring requirements.
Polkadot hosts a multichain protocol that connects specialized blockchains. DOT prices have risen 19% in the past month and more growth is expected to follow.
Both projects will likely enjoy considerable growth if a spot Bitcoin ETF is approved in the next month. Projections have BTC prices growing exponentially if that occurs. Talks between ETF applicants and the SEC have now moved on to fine details and many in the cryptocurrency space are optimistic a Bitcoin ETF will finally be approved.
Top altcoins to buy: InQubeta (QUBE) offers lucrative rewards
InQubeta has already been a good crypto investment for those who bought QUBE during the beta stage of its presale. They’re currently up 175% and they’ll get to enjoy 60% more gains before tokens launch on exchanges.
InQubeta could be one of the top DeFi projects in the cryptocurrency space in the next couple of years as it helps to guide over $1.5 trillion into the AI industry by opening up opportunities to invest. Investing in AI today is like investing in cryptocurrencies a decade ago. Those who realized how big cryptocurrencies would be and invested appropriately have earned tremendous profits. It will be the same for those who back AI firms that end up playing a key role as the technological revolution unfolds.
Here’s how InQubeta creates an equally beneficial ecosystem for AI startups looking for funding and investors looking for easier access to investment opportunities:
- AI startups are reviewed by InQubeta’s team to determine if they qualify to fundraise on the network
- Firms that are approved get to make non-fungible tokens or ERC20 coins that denote investment opportunities. These tokens play a similar role as stocks in the ecosystem and provide rewards like profit-sharing
- NFTs are fractionalized and added to the ERC20 token list on the marketplace. Investors learn more about the different investment opportunities there and make purchases with QUBE
- Investors can store their ERC20 coins in their wallets or resell them on the NFT marketplace for QUBE whenever they decide to do so
Polkadot (DOT) on course to enjoy major gains in 2024
Polkadot connects and facilitates cross-chain transfer of assets and data. It serves as a foundation for web3 services and it uses a network of parachains to connect blockchain systems. DOT prices have surged 20% in the past week, but things have cooled down a bit as markets correct.
DOT prices will likely continue to trend upward in 2024 and the role of Web3 expands.
Spot Bitcoin ETF applicants inching closer to approval
Conversations between asset managers looking to list Bitcoin exchange-traded funds have moved on to key technical details as the January 2024 deadline approaches. The SEC still holding discussions with applicants is being viewed by some as a sign the agency is moving closer to approving its first Bitcoin ETF.
13 companies like ARK Investments, Invesco, BlackRock, and Grayscale, currently have pending applications with the SEC. Proponents say an ETF getting approved would give investors a better way to invest in the king of cryptocurrencies.
Summary
QUBE, DOT, and BTC are three of the best cryptos to buy now to earn profits in the coming months. BTC prices will explode if an ETF is approved and it appears the SEC is warming up to the idea. Polkadot’s utility sets it up to grow as web3 spaces expand, and QUBE is expected to enjoy up to 100x gains as it funnels capital to AI startups.
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*This article was paid for Cryptonomist did not write the article or test the platform.