There are only three months left in 2024, but record rain is still pouring down on the cryptocurrency sector. The most recent announcement came on March 9, 2024, after the DeFi protocol’s global valuation surpassed $100 billion as rising demand for Bitcoin (BTC) sparked interest in the top cryptocurrencies to invest in.
Bitcoin has enjoyed impressive growth since the launch of the BTC ETF in the US following a landmark decision by US regulators.
There are reasons to cheer in the altcoin space as well. Altcoin holders are feeling good after InQubeta (QUBE) recently made waves with positive price action.
QUBE token impressed analysts with pre-sale returns. With the cryptocurrency ICO raising more than $11.9 million to date, some investors see it as a potential competitor to Cardano (ADA).
InQubeta: Supporting the growth of AI startups
InQubeta is a cryptocurrency-based crowdfunding platform for AI projects. The Ethereum-based platform connects AI innovators with a community of investors, mentors, and financial experts and helps them scale their businesses.
People can participate in the process by purchasing QUBE tokens and NFTs representing the project. Once the transaction is processed, the funds are transferred to the startup and the buyer owns a stake in the startup.
In addition to funding, InQubeta helps startups scale their projects through mentorship and marketing support. The platform connects innovators with a broad network of experts. Some of these experts include veterans who have years of experience and can guide startups through the challenges of the AI industry.
An active community can also help with your brand strategy and project marketing. To maintain a unique brand presence, startups can leverage InQubeta’s social media channels.
Rated as one of the best altcoins of 2023, the QUBE token can thank the popularity of its deflationary model. When the market is in the red, the model contracts the supply of tokens.
As supply decreases, prices remain stable and demand increases. This benefit helps the token retain its audience and attract more cryptocurrency users. If token supply increases during that period, additional tokens will be burned to ensure this.
The InQubeta team has created an ambitious roadmap for the platform and its lifespan. Under the plan, several new in-store initiatives will strengthen the brand’s presence on the platform.
The first of these plans is a staking dApp for cryptocurrency users that will fuel blockchain growth. The team is also exploring listing the QUBE token on a centralized exchange to allow more people to explore its USP.
Bitcoin becomes the 8th most valuable asset in the world
Bitcoin is the leading cryptocurrency that supports fast and secure online transactions. As investments in BTC ETFs reach new highs, its native token, BTC, has become one of the highest-yielding assets globally.
The growth of the BTC token has helped the cryptocurrency market attract more people. In March, a Bitcoin-led rally pushed the global value of the DeFi protocol to $100 billion.
In a related development, Bitcoin’s market capitalization has reached $1.42 trillion, making it the eighth most valuable asset globally.
Cardano partners with Dubai Police
Cardano is a public blockchain based on the Ouroboros protocol. The protocol’s evidence-based methodology allows Cardano to gain influence over new altcoins. The open source platform supports seamless dApp deployment through scalability. The native token is ADA and is used for various transaction purposes on the blockchain.
It recently unveiled its ‘Supernode’ feature, which aims to power smart contract operations through a more efficient and scalable ecosystem.
Blockchain has been in the news for its collaboration with Dubai Police. According to reports, the Dubai Police Department will work with the Cardano Foundation to leverage blockchain to improve data security measures.
conclusion
In addition to promoting financial inclusion, Bitcoin, InQubeta, and Cardano have emerged as popular options for increasing generational wealth. Due to its continued growth, this token is outperforming other asset categories and analysts are recommending the token for long-term holding.
The coin’s rise in popularity comes after a slew of new initiatives that have expanded its scope. In the case of Bitcoin, ETF mania has fueled significant growth. For Cardano, light consensus and collaboration have strengthened its market position.
Meanwhile, InQubeta is riding high after taking the world by storm with its AI-centric platform and pre-sale success.
These tokens boast cutting-edge security frameworks and consensus protocols that increase investor confidence in their potential.