Bitcoin, the leading cryptocurrency, began the year 2023 on a downward trend, reaching its lowest value of $16,499.7 in January. This made it more difficult for investors to choose the best crypto investment, and many had to move on to other alternatives.
But Bitcoin's price improved significantly in the second half of 2023, going up as high as $45,000. At the same time, people are starting to look into investing in VeChain and InQubeta which is one of the new ICOs that has punched above its weight.
Looking past the rough start to 2023, Bitcoin is having a great year. The network has seen steady growth, with an increase in mining difficulty and hash rate.
It seems that all the on-chain metrics are indicating a positive movement. Now, it appears that we are currently in the early stages of a new bull market. Bitcoin has already shown an increase of almost 160% in its price in 2023, according to the data on CoinMarketCap.
Due to the boost in institutional investment for Bitcoin, interest in the top crypto has rocketed. News about a spot ETF from Blackrock and Grayscale sent the crypto market ablaze with excitement.
Bitcoin is at a critical juncture, with the year almost over. Bitcoin and crypto investors have two major things to look forward to in the near future: the verdict on the US's first spot ETF and the next Bitcoin halving.
InQubeta has emerged as the best crypto to buy, as investors have scooped over 688 million tokens in the past few months. The project has sold out stages 1 to 5 of its presale, with stage 6 at 92% completion.
Smart investors are currently raking in more QUBE tokens at $0.01925 before it shoots up to $0.0224. Now, you might be curious as to what InQubeta is all about. InQubeta is a blockchain ICO that aims to demystify AI tech investments.
The launch of the QUBE token marks a significant milestone, opening the doors to AI startup investments for people with various budget sizes. Startups can mint investment opportunities into trending NFTs in its NFT marketplace, where investors can purchase them.
This approach fosters access to the coolest NFTs and other new technologies and democratizes investment opportunities. At the heart of InQubeta's appeal is its QUBE token. This ERC20 coin with a deflationary design promotes long-term investment and active participation in the community.
As a governance token, QUBE gives investors a voice in shaping the platform's future. InQubeta's successful presale, which has raised over $7.7 million, positions it as a promising hub of opportunity in the crypto and AI space.
Meanwhile, Bitcoin's latest price performance has rubbed off on top altcoins in the crypto space. One such altcoin is the eco-friendly token Vechain (VET). VeChain started 2023 on a bullish note, rising as high as $0.030.
However, as the bearish market set in in June, the token fell to a low of $0.015. Things changed during the altcoin market rally in October, and VeChain was one such coin that caught the fever.
Thanks to new investor interest in VeChain, it has soared to a 7-day peak of $0.03853227 in the last week of December. A look at the Vechain price chart shows that the token has increased 3.3% in the past week and 74.8% in the past month.
Additionally, the token has scored a 134.9% price surge year-to-date. If more investors continue to join the project, the token could rise to the $0.04 region.
The optimism surrounding Bitcoin is currently bullish as investors look forward to the forthcoming Bitcoin Spot ETF launch. Meanwhile, investors are taking refuge in the best altcoins like Vechain and InQubeta. As an added draw, InQubeta offers a 15% bonus for those using the promo code "QUBE15."
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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.