Bitcoin (BTC) prices are expected to soar substantially in 2024 mainly due to the US Securities and Exchange Commission's (SEC) decision on BTC ETFs that paved the way for several exchange-traded funds that have already amassed over $28 billion in assets under management.
The Bitcoin blockchain's upcoming halving event is another reason many analysts expect BTC prices to soar considerably in 2024. Some expect prices to soar as high as 630%, and historic price charts back this prediction.
Meanwhile, InQubeta (QUBE) is getting lots of attention as one of the best DeFi cryptos around. Its presale has already sold over $8.5 million in tokens and delivered 220% returns to early investors. The decentralized finance project seeks to make opportunities to invest in artificial intelligence (AI) more accessible by providing a secure ecosystem investors can use to purchase equity in AI startups. It allows those without access to mainstream investment firms to still invest in some of the promising AI-focused firms emerging today.
Monero (XMR) prices have been volatile for the past 12 months, but prices are expected to surge soon given how low they are at $149.
InQubeta is expected to experience considerable growth in 2024 given factors like its focus on AI, small token supply, and how cheap tokens currently are at $0.0224.
The new DeFi project provides an alternate way to invest in AI for those who don't have access to traditional channels due to not meeting their requirements. These firms tend to gatekeep their services, reserving them for the richest members of the global population. For example, you must be worth more than a million dollars to be eligible for angel investment opportunities.
InQubeta democratizes access to AI investments so anyone who wants to back the technology can do so. Its ecosystem is hosted on the Ethereum (ETH) network which gives its ecosystem the same transparency, security, and functionality.
AI startups secure funding for their operations by making ERC20 coins that denote investment opportunities. Smart contracts are used to guarantee all rewards promised to investors, who invest in AI by buying up the ERC20 coins of startups they think could be major players in their respective spaces. QUBE is used for all marketplace transactions and it also serves as the ecosystem's governance tokens. Tokens purchased on InQubeta's marketplace can be resold at any time, providing investors with lots of liquidity.
Many analysts have been calling BTC a good crypto investment ever since discussions about the SEC possibly approving Bitcoin exchange-traded funds intensified about six months ago.
Some are expecting prices to go as high as 630%, which is the lowest prices have surged during past halving events. The Bitcoin network's first halving event in 2012 led to prices growing by 10,000%, while the 2016 halving led to a 3,000% surge. The network's last halving event led to 630% gains.
Bitcoin halving events are the closest thing to a guarantee that prices will grow based on historic trends. ARK Invest founder Cathie Wood believes BTC's price could reach $650,000 by 2025.
Monero prices have found strong support at $144, and some expect prices to start trending upward once BTC prices start to boom. XMR could grow as much as 4x if bullish attitudes in the cryptocurrency space push it to past highs.
QUBE, BTC, and XMR are good coins to invest in right now. BTC is expected to have at least 4x growth this year, while QUBE prices could surge as much as 100x thanks to fast-increasing investor interest in AI and its easily accessible investment space.
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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.