Bitcoin dominance skyrockets as its halving approaches; Pepe gears up to lead the next Meme craze; InQubeta becomes the best ICO
Why is the crypto community abuzz with excitement? It can be linked to a combination of several factors but mostly because of the impending Bitcoin (BTC) halving. As the halving nears, the dominance of Bitcoin has risen to over 50%. Also, Pepe (PEPE) is preparing to lead the next meme craze. Additionally, InQubeta (QUBE) emerges as a standout performer in the ICO (initial coin offering) space.
In this article, we will cover these three developments. In addition, we will explore why these digital assets are the best cryptos to invest in now.
InQubeta (QUBE): The best initial coin offering
As Bitcoin halving nears and Pepe prepares to be at the forefront of the impending meme rally, InQubeta has become a strong contender for the best ICO. This project has been able to raise a remarkable $4.1 million in its ongoing presale. What is the significance? This means that investors are confident in its innovative idea and its potential. In light of this, it is one of the altcoins to watch in the coming months.
This project stands out in the crypto space for blending AI and blockchain technology. It leverages the power of blockchain technology to reshape the fundraising landscape of the AI sector by allowing AI startups to raise funds via crypto. In addition to this innovative concept, it also seeks to make the AI market accessible to everybody through a fractional investment model and NFTs.
The presale is in the fourth round and costs just $0.0133 per token. But is it worth investing in? Definitely. According to experts, its value will increase by 3,000% before the end of 2023.
Bitcoin (BTC): Increasing market dominance
What is the Bitcoin (BTC) halving? It is an event that happens every four years, with the next expected to occur in April 2024. It involves the reduction of miners’ rewards by half. This event is significant because, since the launch of Bitcoin, its halving has always been followed by a rise in its price. This makes BTC the best cryptocurrency to invest in now.
As this event nears, Bitcoin’s dominance has risen to reach more than 50%. It experienced an uptick from its August high of $29,000 to hover above $34,000 in October. The rise in the price of BTC is driven by several factors, but primarily its halving in 2024. In addition, institutional adoption and the impending approval of the first spot Bitcoin ETF can be linked to the surge in price. With Bitcoin set to rally even further in the coming months, it is a good crypto to buy.
Pepe (PEPE): A popular Memecoin
What is Pepe (PEPE)? Simply put, it is a meme-inspired token. It was recently launched in April 2023 but has quickly become a key player in the meme ecosystem. At the time of this writing, it is the third most popular memecoin in the crypto landscape, behind only Dogecoin and Shiba Inu.
Pepe also has other features that make it appealing to investors. These include its deflationary nature and its no-tax policy. These contribute to making it one of the best coins to invest in, particularly in the meme ecosystem.
Conclusion
The rise in the dominance of Bitcoin can be attributed to its halving event, which is fast approaching. In other news, Pepe is set to lead the next meme rally while InQubeta has emerged as the best ICO. If you wish to participate in the QUBE presale, follow the link below.
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