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Following the SEC decision on Bitcoin ETFs in January, it is safe to say 2024 started with a bang. With more developments to look out for, like the Bitcoin halving—just a few months away—it can't get more bullish.
To position yourself for staggering gains this year, the altcoins with 50x upside potential to watch in February are Fantom (FTM), VeChain (VET), and InQubeta (QUBE). These top altcoins boast unique concepts, making them primed for explosive growth.
InQubeta (QUBE) is one of the best altcoins plays for several reasons. For starters, it is among the most promising new ICOs. This means that its growth isn't capped, boasting staggering upside potential. Further, it stands at the intersection of AI and blockchain—a very bullish narrative.
In light of the above, it comes as no surprise that the presale has been selling out fast, blasting through $8.6 million in early funding. The ICO is currently in its seventh stage, and a token costs just $0.0224. According to experts, its price will rally by 50x after launch, positioning it as the best new crypto to invest in.
At the convergence of AI and blockchain, it aims to solve key issues within the fast-rising AI industry with blockchain technology. Its novel crowdfunding platform will allow AI tech startups to raise capital through cryptocurrency. Fundraising activities will be held on the NFT marketplace, and investors can own stakes in groundbreaking AI ventures.
Other token features that will contribute to its growth are governance, staking, and deflationary tokenomics. If you wish to become an early holder, click the link below and ride its strong bullish wave.
Fantom (FTM) is among the top crypto coins on the market—the top 100. It burst into the limelight during the last bull run in 2021, soaring past $3. Early holders enjoyed staggering gains, which once again emphasized the benefits of being early to projects in the crypto scene.
However, the long bearish winter after the last bull run means Fantom has significantly declined from its peak, almost by 90%. Nevertheless, this means more room for growth, making it one of the best cryptos to buy now. With 2024 shaping up to be a bull market, FTM is one of the most promising plays you don't want to miss out on.
Further, its solid fundamentals as a smart contract platform and DeFi services provider will contribute to its demand. This will in turn propel its growth, making Fantom a good crypto to buy.
VeChain (VET) is one of the most fundamentally strong cryptocurrencies, playing a critical role within the crypto landscape. It is a layer-1 smart contract platform that employs distributed governance and the Internet of Things (IoT) to create an ecosystem that solves major data hurdles for several industries.
In a nutshell, VeChain enables real-time and trustless data sharing between many participants. Given this and its rising adoption, it is one of the best coins to invest in.
Following the rise in investor sentiment post BTC ETF, VeChain has been gaining momentum. Set to skyrocket in 2024, it is one of the altcoins to watch. To avoid the fear of missing out (FOMO), we suggest grabbing a bag of VET and HODL.
The crypto community is expecting a bull market in 2024—a relief after the long bear market. Altcoins with 50x potential you can hold are VeChain, Fantom, and InQubeta. Their staggering room for growth and solid fundamentals make them compelling choices.
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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.
