Bitcoin ($BTC) Defies ETF Setback; Monero ($XMR) & InQubeta ($QUBE) Gain Traction
The US Securities and Exchange Commission’s (SEC) rejection of all spot Bitcoin ($BTC) ETFs hasn’t been enough to stop prices from growing substantially in the past week, clearing the $28,000 milestone. $BTC appears poised for a substantial bull run, making it one of the best cryptos to invest in right now, along with InQubeta ($QUBE) and Monero ($XMR).
InQubeta is a new DeFi project that showcases how impactful decentralized finance can be for those who don’t have entry to mainstream financial institutions. It uses ERC20 coins aka non-fungible tokens, smart contracts, and fractionalization to create an easier way to invest in AI; one that doesn’t come with the discriminatory requirements many investment firms have, like income that 90% of the global population can’t meet.
Monero is one of the select cryptocurrencies that offers true anonymity to users as its protocol hides the addresses of senders and recipients. $XMR prices are up 3% in the past 30 days and hodlers are hoping for more in the coming weeks.
InQubeta ($QUBE) emerges as one of the best cryptos to invest in right now
The InQubeta presale has been one of the most profitable opportunities in the cryptocurrency space as bearish sentiments have dominated the past few months. Early patrons have earned 100% profits and those who get in on the action now walk away with 300% returns when tokens launch on exchanges.
Over $3.7 million has been raised so far as investors jump at the opportunity to invest in what many have already called the biggest technological revolution in human history: artificial intelligence.
AI is the future of many industries, and opportunities will be created for investors to earn exponential profits. The technology’s viability has increased considerably in the past several years as investments go from $12 billion to $120 billion between 2015 and 2022.
Concepts many people didn’t expect to see in their lifetimes are now a reality like autonomous taxis picking up paying passengers in San Francisco while software like ChatGPT perform a wide range of tasks.
The InQubeta way
There’s not much to investing in the InQubeta ecosystem; it’s as simple as purchasing non-fungible tokens that replace stocks on the network. These tokens are made by AI startups looking for funding and are sold on the InQubeta NFT marketplace. These tokens signify investment opportunities and some give backers other benefits like profit sharing and discounts.
$QUBE is used for all trades on the InQubeta ecosystem and investors can buy it with top crypto coins or fiat currencies. $QUBE can also be staked to earn additional tokens as a reward. A marketplace tax funds a pool that periodically rewards investors who stake their holdings.
Monero (XMR) prices could reach $200 before 2024
Monero recently launched a new version of its graphical user interface (GUI) on Oct. 7. The update enables macOS ARM support for Apple’s new chips that power their latest devices. The update also brings some new improvements and addresses several bugs.
Some of the changes include more informative error messages and more details when users run into failures like using its P2Pool.
The Monero project’s utility gives it lots of long-term growth potential and prices could surpass $200 by the end of the year if its current run holds up.
Bitcoin ($BTC) surges despite ETF setbacks
Some cryptocurrency analysts are pointing to $BTC’s recent price surge as proof that prices will grow exponentially if a spot ETF is approved before its next halving event. Prices are up 7% in the past month, despite all ETF applications so far being denied.
Approval appears to be on the horizon as a U.S. court questioned the SEC’s decision to deny Grayscale’s application after the latter filed a lawsuit. This opens doors for the regulatory body to reexamine Grayscale’s ETF application. Some analysts have prices surpassing $150,000 if a spot ETF is approved.
Summary
$QUBE, $BTC, and $XMR are three of the best cryptos to invest in right now as all three are set for considerable growth. $QUBE’s growth potential is the most impressive out of the three as prices are set for 3x growth before tokens launch on exchanges and up to 100x in 2024.
Filed under: Bitcoin - @ October 21, 2023 8:00 am