Ethereum (ETH) reached nearly $2,400 a few days ago (according to CoinGecko data), largely a recovery from disastrous losses in 2022. Nonetheless, the valuation remains below the all-time high above $4,800 set in November 2021. Some analysts predict that ETH could hit another all-time high in the coming months as the current boom continues into 2024.
Not only is interest in Ethereum surging, but promising projects such as Kaspa (KAS) and InQubeta (QUBE), which are preparing for a significant rally, are also attracting attention. InQubeta and Kaspa are among the best DeFi projects considering their potential for exponential growth in 2024. Early investors in InQubeta received returns of more than 175%, while Kaspa price rose 28% in the last 30 days.
Let’s take a look at what could fuel Ethereum’s comeback and what unique offerings Kaspa and InQubeta have in the cryptocurrency space.
InQubeta (QUBE): Facilitating startups’ access to DeFi solutions
InQubeta is an emerging cryptocurrency ICO that provides a crowdfunding platform for AI startups. The platform uses blockchain technology to create an AI-based ecosystem that can transform multiple industries. At InQubeta, investors have access to profitable ventures while sticking to their budgets.
QUBE tokens can be staked to support network growth, making them one of the best cryptocurrency investments to add to your portfolio. Token holders receive cryptocurrency in return for agreeing to lock up their tokens for staking purposes. The distribution of staking rewards comes from different pools that are regularly funded by tax revenues.
InQubeta supports a deflation model for QUBE tokens. The deflation system controls token supply to prevent inflation and market fluctuations. Token supply is continuously limited to reduce the impact of excessive inflation on token value. Whenever supply increases beyond the permitted limit and then decreases again, additional tokens in circulation are burned. These unique features set InQubeta up for the upcoming rally.
InQubeta has also proven to be one of the top DeFi projects, raising over $7.2 million during the pre-sale period. This notable pre-sale milestone suggests that cryptocurrency ICOs may be on the verge of a rebound. The token is currently being offered at a discounted price of $0.01925, which will rise with each stage of the upcoming 10-stage presale. Astute investors can gain significant insight into the token’s potential due to this outstanding pre-sale performance.
Kaspa (KAS): Innovation in scalability in the blockchain space
Kaspa has established itself as one of the fastest-rising cryptocurrencies this year, rising more than 2000% to $0.11. The design of the digital ledger promotes parallel blocks and faster transaction confirmations. At Kaspa, transactions are settled within one second using KAS, the platform’s native token. This feature improves the speed and scalability of the platform. It uses a consensus engine built on proof-of-work to verify each transaction.
Kaspa verifies transactions through a secure block network while maintaining the decentralization of the network. Thanks to new initiatives and integrations, the platform now has a global user base. Kasapa is poised for a rebound, having recently announced that its popular DEX Exchang.io will allow users to buy, sell, and exchange KAS tokens.
Ethereum (ETH): Set to hit all-time high in 2024.
Prominent analysts provided insights into Ethereum’s current position in the market and highlighted pivotal points that could dictate the cryptocurrency’s trajectory through 2024. Crypto Tony, a famous cryptocurrency analyst, shared his opinion in his post on X, highlighting how important it is for ETH to remain stable. To maintain a bullish buy position, we need to hold above $2,130.
According to FieryTrading, the asset has been bullish for six months, suggesting it may soon rise. Experts predicted that ETH could reach $5,000 by the end of 2024 or early 2025.
conclusion
Investors are interested in Ethereum because of the possibility that it will hit an all-time high in 2024. Additionally, Kaspa and InQubeta have shown potential for a rebound soon, considering how innovative and successful their projects have been. AI crypto ICOs like QUBE are making a huge impact on the industry with their unique approach to technology investing.
As the industry continues to produce amazing inventions, it shows the potential of blockchain technology and how cryptocurrencies can improve the world. InQubeta meets all the criteria to be considered one of the best cryptocurrency investments that can yield significant profits. We continue to make progress toward reaching our $10 million milestone as presales remain strong. Participate in pre-sale through the link below.
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