Press Releases

Ethereum Users Face 219% Increase in Fees; AI Crypto Poised for Significant Uptrend

InQubeta (QUBE) and Ethereum (ETH) are two of the top altcoins to buy now thanks to the exponential growth both projects are expected to enjoy in 2024 and beyond. Ethereum prices have surged 31% in the past month, but not without creating some controversy as fees rise by 219%.

That’s always one of the issues cryptocurrency users often find themselves dealing with during price breakouts. Bitcoin (BTC) fees have grown even more in recent weeks, with users paying as much as $16 to transfer BTC. High fees defeat the purpose of cryptocurrencies since many were initially designed to help people avoid the high fees associated with traditional money transfers.

InQubeta has also enjoyed substantial growth since its presale started, earning early investors 130%, and those who buy tokens now get to earn 90% profits before tokens are launched on exchanges.

InQubeta (QUBE) emerges as one of the top altcoins to buy now

InQubeta takes on traditional investment avenues by creating an easier way to invest in artificial intelligence (AI). It uses its Ethereum-built blockchain to create an investment process that involves ERC20 coins, fractionalization, and smart contracts.

InQubeta’s link to AI has helped propel its presale success as it raises over $4.9 million in token sales. Companies that help to advance artificial intelligence have been a favorite of investors for the past decade as investments in the space grow exponentially.

More than $1.5 trillion is anticipated to be guided into the AI space by 2030, and InQubeta is positioned to help direct some of these funds to startups in its ecosystem.

Here’s what investing looks like on the InQubeta ecosystem:

  • AI start-ups are evaluated before getting access to InQubeta’s network
  • These companies develop ERC20 coins with investment opportunities minted into them. These tokens are then added to the ERC20 token list on the marketplace
  • Investors are provided with all the information they need to make informed decisions on the marketplace, and purchases are made with QUBE
  • Investors get custody of their NFTs and they can be resold on the marketplace anytime they choose

InQubeta investors don’t have to invest in AI startups to earn considerable profits. Holding on to QUBE or staking may earn just as much. Tokens are drastically undervalued at their current price of $0.0161, and some projections have QUBE prices reaching a dollar once tokens are available on exchanges.

The supply of QUBE being capped at 1.5 billion means it also has to build a market capitalization of $1.5  billion for tokens to be priced at a dollar. That’s a feat many expect the project to accomplish in the coming years since meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) have built up exponentially larger market shares. This means a $1,000 investment in QUBE could be worth over $62,000 by this time next year. No other altcoin is expected to enjoy that much growth during the same period.

Ethereum’s high fees become a hot topic again

Ethereum transaction fees are once again at ridiculous levels as its prices have surged 30% in the past month. The uptick in fees has led to users paying exorbitant fees, with the average Gwei prices reaching 227. This surge in fees has a considerable impact on the cost of network operations.

Token swaps now cost up to $160, while more complex trades, like those that involve NFTs, can cost as much as $270. These fees price out users who make small trades since they cannot justify spending so much on fees for their small purchases.

Developers will have to come up with a better solution to keep fees reasonable regardless of how much prices grow to avoid stifling the development of new applications and the ecosystem’s growth.

Summary

QUBE and ETH are top altcoins to buy now as projections have both projects enjoying exponential growth in 2024. QUBE will likely enjoy more growth as predictions have its prices rising as much as 100x when released on exchanges.

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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Photo by Kanchanara on Unsplash

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