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Bitcoin (BTC) has been charting a bullish course since the launch of spot BTC ETFs in January, which industry experts describe as a remarkable success. Following its rise above $73,000—topping its 2021 peak—experts can't help but be bullish.
According to Galaxy Digital CEO Mike Novogratz, Bitcoin is unlikely to fall below $50,000 again, insisting "that is the new floor." He emphasized that the recent BTC upswing is being fueled by widespread investor adoption and appetite for the flagship crypto.
Meanwhile, delving deeper into the crypto market, Baby Doge Coin (BabyDoge) has been giving Dogecoin, its "father," a run for its money by skyrocketing. At the same time, a new AI crypto sensation—stirring up much buzz—has emerged in InQubeta (QUBE), aiming to transform the AI industry.
InQubeta (QUBE) is a new AI-inspired cryptocurrency aiming to make its mark in the burgeoning AI sector. It will reshape the industry's fundraising scene as well as investor accessibility to the AI market. Hence, the massive show of interest in the ongoing presale comes as no surprise, with a staggering $11.9 million raised to date.
It will build the first-ever crypto-based crowdfunding platform for AI tech startups, allowing fundraising through its native utility token, QUBE. Further, its custom-built NFT marketplace will allow investors to participate in the profitable AI market. They will enjoy democratized access to the market, with no limit on investment.
In the eighth stage of the presale, a token is priced at only $0.0245 and you can become an early adopter of this top ICO. Meanwhile, analysts are bullish, predicting a 65x rally after its launch. This makes it a recommended presale and an emerging crypto not to miss out on.
Bitcoin (BTC) recently flipped its all-time high (ATH) after soaring past $73,000. The success of the spot BTC ETF market has played a crucial role in its recent upswing, with many tagging it as an adoption story, notably Mike Novogratz, the CEO of Galaxy Digital.
In a recent interview on CNBC's "Squawk Box," he stated that it is unlikely Bitcoin will dip below $50,000 again. "I don't think we go back below $50,000, $55,000. I think that's the new floor, unless something dramatic happens," he said.
He went further by saying that the latest surge in the price of Bitcoin can be attributed to spot BTC ETFs. As long as the market keeps growing—already surpassing expectations—"the price is going to keep grinding higher," he added, positioning BTC as the best cryptocurrency to invest in.
Baby Doge Coin (BabyDoge) was created by fans of the Doge Meme online community, making Dogecoin (DOGE) its meme father. It boasts improved transaction speed as well as memetic appeal—its adorableness.
Its primary utility is building a fun meme community to spread awareness of animal welfare and pet adoption. Leading the latest meme rally, Baby Doge Coin has caught many by surprise, soaring along with DOGE.
Despite the noticeable presence of Solana memecoins, Baby Doge Coin remains one of the best meme coins to invest in. Its low entry point and significant growth potential make it more appealing. As it races towards a new peak, we suggest adding it to your portfolio to avoid FOMO.
As the bull market gains momentum, Bitcoin trades above $67,000, with Mike Novogratz, CEO of Galaxy Digital, predicting it won't likely fall below $50,000 again. At the same time, Baby Doge Coin has been gaining traction alongside DOGE, putting it in the spotlight.
Additionally, InQubeta, a novel project, is preparing to transform the AI industry, positioning it as one of the best cryptos to buy now. You can participate in the presale through the link below.
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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.
