Dogecoin (DOGE) is one of the best meme coins to buy now as its prices have surged by over 18% in the past seven days, taking its gains in the past month to 94%. Dogecoin has historically been the most popular meme coin and it's responsible for many of the other dog coins around today like Shiba Inu (SHIB).
A huge factor that has helped to push DOGE prices up is the Bitcoin (BTC) boom currently taking place now that spot exchange-traded funds (ETFs) have been launched by major asset managers. Bitcoin set historic highs the last time DOGE prices grew this much.
Dogecoin co-founder Billy Markus recently posted a controversial comment on X regarding DOGE's recent growth, saying it's a sign of "how retarded people are getting." This is not the first time someone who should be pro-Dogecoin has made remarks that might impact prices negatively. Many investors still blame Elon Musk for the Dogecoin crash that occurred in 2022 after he called it a "hustle" on Saturday Night Live.
While many new crypto investors are flocking towards meme coins like DOGE to earn quick profits, Chainlink (LINK) challenger InQubeta (QUBE) is a much safer and potentially more profitable alternative.
InQubeta's presale has been a massive success as it recently blasted past the $10 million funding goal set at the start. Over $11.3 million in token sales has now been generated and early QUBE buyers have earned 250% returns on their investments.
InQubeta is an emerging crypto that looks to create a more accessible medium for investors to access artificial intelligence (AI) investments. It will provide an alternative to mainstream investing avenues since a huge portion of the global population can't meet their income or network requirements.
InQubeta allows anyone to obtain equity in AI startups in its ecosystem by buying investment opportunities minted into non-fungible tokens (NFTs). InQubeta's blockchain being created on the Ethereum (ETH) network allows the functionality of creating ERC20 coins in its ecosystem.
Startups tokenize reward and equity-based investment opportunities into these tokens and raise funds by selling them for QUBE on the marketplace. Investors can hold on to these tokens for as long as they want once purchased or resell them to other investors on the marketplace. They can check the monetary value of these tokens whenever they want in their InQubeta accounts.
Investors can also earn profits by buying and holding on to QUBE, currently priced at $0.0245. The project's native currency and governance coin is deflationary, and its supply is limited to 1.5 billion. This means tokens could be worth as much as $14 if their market capitalization ever matches Dogecoin's current market cap of over $22 billion. Given how much utility InQubeta provides over meme coins like DOGE, some analysts believe it's only a matter of time before this occurs. This means a $100 QUBE investment could be worth over $57,000 when that goal is reached.
InQubeta might have outperformed Chainlink in the past year, but it remains one of the best altcoins in the AI space. Its Oracle protocol allows blockchain entities to communicate with external sources of data.
It's already being used by institutional investors like Ark Invest and 21Shares who use it to disclose their Bitcoin reserves for their ETF. LINK will likely enjoy considerable price growth in 2024 thanks to this increasing utility.
DOGE might be one of the best short-term investments you can make today, but LINK and QUBE are better all-around investments. Both are projected to enjoy exponential growth because of the problems they solve.
QUBE will probably outperform LINK in 2024 with some projections anticipating as much as 10,000% growth.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.