Bitcoin pursues yearly high; Monero and InQubeta expect noteworthy price rallies

Bitcoin (BTC) is one of the best cryptos to buy right now as prices recently broke the $44,000 resistance level before pulling back to $43,000. The king of cryptocurrencies has earned investors lots of profits this year as prices grew 156%. 

2024 is expected to be an even bigger year for BTC investors as prices are expected to grow exponentially thanks to the high likelihood of a spot Bitcoin exchange-traded fund being approved by the US Securities and Exchange Commission (SEC) and the halving event due in April. 

Bitcoin hasn’t been the only profitable cryptocurrency this year. InQubeta (QUBE) has also emerged as one of the best cryptos to buy as its presale raises over $7.6 million. Early investors have accrued 175% returns since the presale started, while newcomers get to generate 60% returns before tokens launch on exchanges. Meanwhile, Monero (XMR) investors have only earned 20% returns for this year. 

InQubeta (QUBE) dubbed one of the best cryptos to buy right now

InQubeta is arguably the best DeFi project that was launched in 2023 as it looks to provide easier access to artificial intelligence (AI) investments. The alternate investment space InQubeta aims to provide allows people who don’t qualify for traditional investment channels to invest in AI.

Mainstream investment firms are known for their stringent requirements that bar a substantial portion of the global population from using their services. InQubeta’s investment network uses an Ethereum-deployed ecosystem, ERC20 coins, and fractionalization to create an investment space that anyone can use to partner with AI firms. 

Artificial intelligence’s viability continues to increase at an exponential rate, leading to a rise in investment funds thrown at the tech. Over $120 billion currently backs AI firms and more than $1.5 trillion is expected to pour into the industry in the next several years. This puts InQubeta in a position to enjoy exponential growth in the coming years as it directs capital to AI startups. 

The unique investment process on the InQubeta network looks something like this: 

• AI startups that are approved to fundraise on the network make non-fungible tokens with investment opportunities stamped into them. These are the equivalent of stocks on InQubeta’s ecosystem
• NFTs are added to the ERC20 token list on the marketplace where investors get access to them and learn more about their makers
• Investors buy NFTs they like with the project’s native currency, QUBE
• All ERC20 coins sold on InQubeta’s ecosystem can be resold on the marketplace at all times. Investors can track the value of these tokens through their InQubeta accounts.

Bitcoin (BTC) sets new highs for 2023

BTC prices recently broke the $44,000 mark, but the anticipated surge to $50,000 failed to materialize. Instead, prices have come back down to $43,000 but investors shouldn’t be so quick to rule out predictions that BTC prices will close out the year above the $50,000 mark. 

Various market forces are pushing BTC prices upward like the upcoming halving event which cuts the rewards miners get in half, making them more reluctant to sell until prices go higher. There’s also the possibility of a spot Bitcoin ETF getting approved as early as the first week of 2024. 

An ETF approval will lead to a tremendous influx of investment capital into Bitcoin, leading to exponential price growth. Many in the cryptocurrency space expect BTC prices to reach $150,000 in 2024. 

Is Monero (XMR) getting ready for a price surge?

2023 wasn’t the greatest year for the Monero project but some analysts believe it will make up for its slow growth in 2024. After all, the anonymity it provides is a much-needed solution in the cryptocurrency space and its blockchain delivers fast transactions at low costs. 

Summary

QUBE and BTC are two of the best cryptos to buy right now as both projects are expected to enjoy considerable growth. BTC prices could grow as much as 4x, while QUBE prices are projected to surge as much as 100x once launched. 

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