Concrete Evidence for Bitcoin’s Rise to $100K; Arbitrum and Emerging AI Altcoin Target Peak Valuations

Concrete Evidence for Bitcoin’s Rise to $100K; Arbitrum and Emerging AI Altcoin Target Peak Valuations
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The investor sentiment post-BTC ETF is yet to come down from the highs it reached in January. Ever since they were introduced in the US markets in January, these financial products have recorded strong inflows and have fuelled a bull rally for Bitcoin (BTC).  Analysts have suggested that the pioneering crypto might even rise to $100K in the long term. 

Technical analysis and key parameters expect Bitcoin prices to go higher. Market experts have even provided concrete evidence like the easing of financial conditions and previous market cycles to support their predictions.

The only development drawing analysts' attention away from this magic number is the way InQubeta (QUBE) and Arbitrum (ARB) have been flourishing. The two altcoins are expected to reach their peak valuations in the coming months. 

While Arbitrum is a Layer 2 technology for scaling Ethereum, InQubeta is a crowdfunding platform for AI projects. 

InQubeta: Pushing the potential of AI startups

InQubeta raises the bar with a business model designed to favor AI startups. The Ethereum-based platform creates a transparent ecosystem for startups where they can interact with investors, mentors, and other professionals who can help them in revving up their growth journey. 

For an average crypto user, InQubeta offers a practical way to invest in AI-led projects and choose the path of financial independence. 

By just acquiring the platform's native cryptocurrency, the QUBE token, they can access InQubeta's online marketplace and pick a startup project to back. 

InQubeta's popularity can also be attributed to its presale gains. Launched in 2023, it was included in lists of best new ICOs of the year. So far, it has raised over $10.5 million in its presale stages. 

This top altcoin has designed an online marketplace to ensure a seamless experience for both startups and their investors. AI project proposals are tokenized as NFTs and then put up for sale in the marketplace. 

The tokenization allows fractional investment in projects, which makes them budget-friendly. For startups, the feature ensures that they raise funds quickly.

While fundraising remains one of the popular services on InQubeta, the platform also helps startups find their feet in the world of business by connecting them to professionals from various fields. These professionals include AI veterans who can share valuable insights about the industry. 

Enterprises can find contacts to grow their network and market their project in the right space. 

Understanding that finance and accounting might not be every startup's cup of tea, InQubeta has a team of advisors ready to help them with these matters. These professionals have years of experience and can suggest practical ways to tackle challenges.

InQubeta functions with a decentralized governance structure where token holders are in charge of making key decisions. The community discusses proposals for new features, product launches, and upgrades and then votes for them. 

Depending on the outcome of the voting, the community takes a call on a proposal that should be made a part of the protocol. The distribution of decision-making creates a cohesive community that believes in acting in the best interests of the platform.

Entries open for eight-week Arbitrum Arcade

Arbitrum is a Layer 2 technology that's used for deploying and scaling Ethereum-compatible solutions. Regarded as one of the best cryptos of 2024, Arbitrum has an edge over other platforms in terms of scalability and cost efficiency.

Arbitrum was in the spotlight recently after it announced an eight-week virtual GameFi competition. To be called 'Arbitrum Arcade', the event will feature 24 games powered by Arbitrum blockchain. 

The event starts on March 11, 2024, and the last day for participants to register is March 4, 2024. The games in the competition have been developed using Arbitrum's core solutions – Nova, Orbit, and Arbitrum One. The prize pool for the competition is $200,000.

Apart from GameFi enthusiasts, content creators can also participate in the gameathon and win prizes by posting content centered around the contest.

Conclusion

Whether its interest from whales or user activity, Arbitrum and InQubeta have been at the top of their game over the past few months. They are top cryptos to invest in even if people are just interested in diversifying their portfolios.

These cryptocurrencies have been received well in the market as their solutions can power future-forward technologies. While Arbitrum is paving the way for new Layer 2 networks, InQubeta is taking AI startups to new heights. 

As key indicators show, they have mopped up high revenue and demonstrated their potential for long-term returns. 

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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.

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