Following the SEC decision on Bitcoin ETFs and the sighs of relief after a decade-long wait, investors are now looking toward 2024’s big crypto trend—ETH (ETH) restaking. It has been hailed as the next big narrative as it allows users to stake the same ETH on Ethereum and other protocols, securing all networks simultaneously.
At the same time, another growing trend is the rising trust in Decentraland (MANA) and InQubeta (QUBE). Investors have been doubling down on these altcoins, and this post will discuss why these are the best cryptos to buy now.
InQubeta (QUBE): Rising Investor Trust
InQubeta (QUBE) is fast becoming a go-to among investors seeking solid projects with potential. As an intriguing blend of AI and blockchain and one of the new ICOs, there has been massive participation in its ongoing presale. To date, a staggering $8.4 million has been raised, suggesting rising investor trust.
Further, its innovative concept and the problem it aims to solve have contributed to its becoming a favorite. Standing at the intersection of AI and blockchain—a bullish narrative—it aims to address key issues in the fast-rising AI sector. For starters, its crowdfunding platform for tech startups will allow the sourcing of funds through cryptocurrency. This will end the hassle of traditional fundraising, setting it up for a tidal wave of adoption. To stay ahead of the curve, it is a project worth becoming an early adopter of, making it a good crypto to buy.
Currently it’s in stage seven of the presale—a token costs only $0.0224. You can become an early holder and position yourself for astounding gains, as it has been tipped for a 60x rally after launch by analysts. This makes it the best new crypto to invest in at the moment.
Ethereum (ETH): What is Restaking?
Ethereum (ETH) restaking, a narrative creating quite a buzz in the crypto space, involves staking the same ETH on Ethereum and other protocols. This helps secure and validate all these networks simultaneously, allowing smaller and newer blockchains to leverage Ethereum’s trust networks.
In essence, restaking involves reusing staked or locked-up Ethereum tokens to earn fees and rewards as validators. In turn, these restaked tokens can help secure and validate other protocols. As a new and promising narrative, restaking has been added as a category on CoinGecko, with a market cap worth around $300 million. The restaking market is fast rising, contributing to the jump in the price of Ethereum.
Decentraland (MANA): Reshaping Social Interaction
To stay ahead of the curve innovation-wise, Decentraland (MANA) is one of the projects to have on your radar. It is a virtual reality platform that allows users to create, experience, and monetize content and applications. In this virtual world, parcels of land can be purchased, which can be navigated, built upon, and monetized.
The growing trust in Decentraland is due to its rising momentum, which has reaffirmed confidence in its potential. Hence, the combination of its market performance and solid fundamentals has resulted in investors doubling down. If you wish to position yourself for significant gains, MANA is one of the top altcoins to consider.
Conclusion
Ethereum restaking is taking the crypto world by storm, making it a narrative to watch out for. Meanwhile, Decentraland and InQubeta have emerged as altcoins to watch, boasting significant upside potential and solid fundamentals. To participate in the ongoing QUBE presale, click the link below.
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.