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Dogecoin (DOGE) has been one of the best meme coins to buy in the past month surging by over 103%. It appears to be poised for more growth as Ali Martinez, a cryptocurrency analyst recently reported that whales have bought and transferred over 25 million DOGE in three days. These purchases are valued at over $3.75 million.
Data from IntoTheBlock shows that transactions worth over $1 million have increased by over 600% on Dogecoin's blockchain in the past 30 days, while large transactions rose by 92%. This suggests that investors with the deepest pockets expect DOGE's price to grow considerably in the coming weeks.
InQubeta (QUBE), an alternative to Quant (QNT) and Kava (KAVA), is now running one of the top ICOs in the crypto space as it sells over $12.6 million worth of QUBE, a lot more than its initial funding goal of $10 million. It's now raised more capital than the $11 million the Quant presale raised and the $3 million Kava generated during its presale
InQubeta continues to attract investors to its ICO because of the major problem in the investment space it aims to fix. Many people aren't able to invest through mainstream investment channels because of arbitrary requirements they cannot meet. For example, anyone who wants access to angel investments must prove they're worth more than $1 million or show earnings above $200,000 for at least two years.
These inefficient practices deny people the opportunity to grow their savings while limiting the capital being directed to companies that need it.
InQubeta intends to make this problem a thing of the past by providing easy access to investments in the artificial intelligence (AI) space. Its blockchain being created on the Ethereum network allows it to enjoy the same functionality, including the creation of non-fungible tokens (NFTs).
AI startups get funding in the ecosystem by using NFTs to symbolize the opportunities they're offering investors. These ERC20 coins play a similar role to stocks in conventional markets.
AI is projected to be one of the biggest tech breakthroughs in human history and it's already starting to reshape how some industries operate. Investing in AI today positions investors to earn generational wealth if these companies end up being major players in their respective spaces.
InQubeta investors can earn profits by backing startups or holding on to QUBE as its price grows. The supply of tokens being restricted to 1.5 billion means prices will surge exponentially as its market capitalization grows. QUBE (worth $0.028 today) would be priced at over $16 by the time its market capitalization matches that of Dogecoin, currently at $25 billion. That means a $200 QUBE investment could be worth over $114,000 in the next few years.
The number of transactions on the Dogecoin blockchain that are worth more than a million dollars has increased by 600% in the past week, a sign prices will likely pump and dump soon. It's also a reaction to Coinbase's intent to add DOGE to its futures list on April 1, the biggest step toward mainstream adoption the project has ever taken.
Quant has gained lots of momentum in the past week as its price surged 20%. QNT's prices could grow as much as 300% if Bitcoin's (BTC) price continues to surge upward. Quant's ecosystem connects blockchains, helping to power DeFi services.
Kava is currently enjoying increased investor interest as its trading volume has grown considerably in the past week. It offers an ecosystem that rivals the Ethereum network, but it has a long way to go to emerge as real competition. Its prices could grow as much as 800% in 2024 if previous highs are reclaimed.
Buying up DOGE might be a good crypto investment, but its bull cycles have historically come to abrupt ends, so investors should have exit strategies in place. KAVA, QNT, and QUBE are much safer investments, with QUBE expected to enjoy as much as 250x 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.
