After an agonizing period of sideways movement, the crypto market is finally doing what it does best. There are green candles everywhere, thanks to the resurgence of BTC in the past few days. Ethereum (ETH), one of the top altcoins, is leading the rally with a strong trajectory that may push the price to $3,600. Amidst this buoyant market, a new player, InQubeta, has started to catch the attention of crypto whales, indicating a shift in interest towards more innovative and forward-looking blockchain projects.
InQubeta: A New ICO Gaining Momentum in the Crypto Space
InQubeta, a platform at the intersection of AI technology and blockchain investment, is emerging as a significant contender in the crypto world. It has carved a niche by democratizing investment in AI start-ups, a sector previously dominated by a select group of investors. This is achieved through its innovative QUBE tokens, which are changing the dynamics of investment in AI technology.
By enabling fractional investment in AI start-ups via trending NFTs that represent rewards or equity, InQubeta offers a unique investment avenue. This mechanism not only facilitates crucial funding for AI ventures but also provides investors with a stake in their potential success. QUBE, a deflationary ERC20 coin, is the backbone of the ecosystem, which goes down in supply with each transaction. Those who stake this token can also benefit from a dedicated reward pool.
Besides being of utility, QUBE also entitles you, as a holder, to influence the future direction of the platform. InQubeta has done exceedingly well in passing Hacken’s audit test and is looking good after having raised almost $5 million in the ongoing presale. This milestone has caught the attention of whales who are always seeking top ICOs with strong potential.
It’s not long before InQubeta ventures into other areas with a focus on building its own Swap and DAO – it will also be going multi-chain by 2024.
Ethereum’s Bullish Trajectory
Ethereum’s recent performance has been nothing short of impressive. With the value of ETH increasing exponentially, it is now facing a crucial resistance point. According to Michaël van de Poppe, breaking above the $2,150 mark could be a game-changer for Ethereum, potentially propelling its value to between $3,100 and $3,600. This prediction aligns with the broader sentiment in the crypto market, where breaking significant resistance points often signals the end of bearish trends and the beginning of bullish momentum.
Van de Poppe compares Ethereum’s current situation to Bitcoin’s past performance, suggesting that surpassing $2,150 for Ethereum is akin to Bitcoin breaking the $30,000 barrier. Such a breakthrough for Ethereum could mark a significant shift in the overall crypto market dynamics, potentially leading to more substantial gains for one of the best cryptocurrencies by market capitalization.
Conclusion
The current phase in the crypto market is characterized by exciting developments and emerging opportunities. Ethereum’s potential leap to $3,600 represents a significant milestone in its journey, while the growing interest in InQubeta among crypto whales underscores the market’s appetite for innovative and practical blockchain applications. As the crypto landscape continues to evolve, keeping an eye on platforms like InQubeta, alongside established cryptocurrencies like Ethereum, could be crucial for investors looking to navigate the ever-changing and dynamic world of digital assets.
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 Nenad Novaković on Unsplash
