<img src="https://crypto.news/app/uploads/2024/02/crypto-news-Top-7-ai-altcoins-shaping-2024s-Web3-landscape03.webp” />
Disclosure: This article does not represent investment advice. The content and materials appearing on this page are for educational purposes only.
ethereum's current trading price near $3,497 poses a $212 million liquidation danger for long positions, while InQubeta's innovative ai investment platform captures the interest of Reddit's crypto community.
As investor sentiment following the btc ETF remains high, analysts see altcoins like ethereum (eth) capitalizing on the trend and rallying. For a while, that is exactly what happened until ethereum witnessed a brief crash.
Currently trading around $3,497, experts believe that any further drop in ethereum price may lead to the liquidation of long-term positions worth $212 million.
The other name that is causing a stir in the altcoin sector is ai?utm_source=PR&utm_medium=organic&utm_campaign=crn&utm_content=181″ rel=”nofollow noopener” target=”_blank”>Qubeta (QUBE). The ethereum-based platform allows fractional investments in ai projects designed by startups and allows cryptocurrency users to support the innovations.
InQubeta takes ai startups to new heights
ai?utm_source=PR&utm_medium=organic&utm_campaign=crn&utm_content=181″ rel=”nofollow noopener” target=”_blank”>InQubeta paves the way for easy investment in artificial intelligence projects through its native cryptocurrency, the QUBE token. The platform has an nft portal where investment proposals are converted into NFTs and then sold to cryptocurrency users.
Such has been the impact of InQUbeta's features, that even Reddit discussion groups have been excited about its mention. With pre-sale funding exceeding $12.3 million, InQubeta is among the top new ICOs of the year.
As the portal allows fractional investment, people from various backgrounds can participate. Once the funds are transferred, investors become owners of a small part of the startup's capital.
There is much more than fundraising that startups can explore on InQubeta. The altcoin connects innovators with a community of experienced professionals who can help them with branding and marketing.
Startups can take help from industry experts and get the early bird advantage as InQubeta provides mentorship support. Startups can also find mentors in the community and exchange key knowledge about the ai sector.
If a startup finds itself stuck in a legal or financial problem, InQubeta's accounting support can offer valuable advice to navigate the challenge.
The QUBE token has a deflationary model that protects its users from inflationary trends. If the markets are trading in the red, the model reduces the availability of the token. Scarcity increases the value of the token and reduces price fluctuations while keeping investors satisfied. If there is any increase in supply, it is counteracted by burning the unwanted tokens in the supply.
The QUBE token is based on the ERC-20 standard, which provides more flexibility to its model. The 1.5 billion supply of the token is divided between different use cases to support the growth of the platform.
The QUBE token is essential as it facilitates on-chain governance for InQubeta. Proposals for protocol changes or feature introductions must undergo a voting process in which only token holders can participate.
By allowing all stakeholders to express their views, the governance process ensures that all proposals are well reviewed before being implemented.
BlackRock presents tokenized fund on ethereum network
ethereum is a top-tier cryptocurrency that leverages the proof-of-stake consensus algorithm to secure the network. Its native token eth is used for all transactional purposes on the blockchain. ethereum's key USP is its versatility and the way it can support a wide range of DeFi assets.
Things went wrong for ethereum for a brief period after the price of its token fell. A portion of analysts considered that if the price of ethereum fell below $3,300, it could trigger the liquidation of long-term holdings worth $212 million.
At the same time, analysts have warned against hasty decisions and any dismissal of ethereum's potential.
The cryptocurrency was recently in the news after BlackRock announced its tokenized fund on the ethereum network. The investment giant said the fund was a collaboration between BlackRock and Securitize Markets and will be called the “BlackRock USD Institutional Digital Liquidity Fund.”
Conclusion
Given their huge growth in recent months, there is little suspense as to why analysts are calling ethereum and InQubeta the top cryptocurrencies to invest in this year. The two tokens have recorded regular returns without bowing to market pressure.
Market experts have suggested that the token's success has a lot to do with its recent achievements. In the case of ethereum, interest in eth ETFs and the subsequent launch of BlackRock's tokenized fund helped it recover.
For InQubeta, the appeal of an ai-focused cryptocurrency that could simplify DeFi solutions made waves globally. Its pre-sale results further increased cryptocurrency users' confidence in the potential of the QUBE token.
For more information, ai/?utm_source=PR&utm_medium=organic&utm_campaign=crn&utm_content=172″ rel=”nofollow noopener” target=”_blank”>visit the InQubeta pre-sale either join the InQubeta communities.
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.
