Some analysts in the cryptocurrency space are already declaring InQubeta ($QUBE) to be the top crypto to buy at the moment, thanks to the 300% price growth backers who get in now get to enjoy and the tremendous growth potential the project has once it officially launches on exchanges.
Investors are also growing increasingly bullish on Polkadot ($DOT) as its prices reached a new low for the past year and bullish patterns start to grow. Prices have grown by over 1% in the past week and holders hope this is the start of a growth cycle that restores previous highs.
Meanwhile, Ethereum ($ETH) developers suffer a rare mishap as the launch of the network’s new Holesky test network fails due to what developers say was a misconfiguration in its genesis files. A second attempt to launch the new test network will take place in two weeks.
Analysts tout InQubeta ($QUBE) as the top crypto to buy this year
There’s a good chance $QUBE enjoys more growth than any other token in the cryptocurrency space this year due to various factors like the solid tokenomics the project has built up, its ingenious way of making it easier to invest in artificial intelligence (AI), and the massive sums of money that are anticipated to be funneled into AI in the next several years.
InQubeta provides an easier way for AI startups to get funding while making it easier for global investors to buy equity in these companies. It’s one of the top DeFi projects launched this year and it has the potential to be a major player as the artificial intelligence revolution unfolds.
Traditional investment firms often have discriminatory practices that prevent a large fraction of the population from getting access to their services, like minimum deposits that are more than many people make in a month. These practices reserve the best investment opportunities for society’s wealthiest members while stifling the flow of capital to firms that need funds to reach their objectives.
As inefficient as mainstream investment options can be, it hasn’t been enough to stop the flow of capital to AI firms from rising 10x from 2015 to 2022. Over $120 billion is invested in AI at the moment and an additional $1.5 trillion is expected to pour into the space by 2030.
How it works
Companies fundraise on the InQubeta network by creating equity-based ERC20 coins (also called non-fungible tokens) and selling them on the NFT marketplace. Investors can buy these tokens with $QUBE, which can be acquired with cryptos or fiat.
The ERC20 coins sold on the marketplace are the blockchain equivalent of stocks and perform the same roles. They rise in value as the market share of their makers increases. Investors can track the value of their tokens through their InQubeta accounts.
Polkadot ($DOT) bullish patterns form after dropping by over 35%
Bullish patterns have emerged for Polkadot after prices dropped considerably in the past year. Prices are up almost 2% in the past week as investors become more bullish toward the project. Some expect $DOT prices to double as highs established earlier in the year are reclaimed.
Ethereum ($ETH) prices drop 1.5% after test net launch failure
The launch of the Holesky test net was meant to be a technological milestone for the Ethereum project and a celebration of the Merge upgrade that was launched a year ago. The failure is a rare occurrence for Ethereum developers who have managed to smoothly implement upgrades, including switching the network from a proof-of-work protocol to a more efficient proof-of-stake protocol.
A relaunch of the Holesky test net is scheduled in two weeks and things are expected to go smoothly this time around.
Summary
$QUBE and $DOT are two of the top cryptos to buy this year as both have the potential to enjoy substantial growth shortly. $DOT could double in value as prices trend upward and $QUBE is set to grow 300% before its presale ends.
