ChatGPT competitor that’s been deemed superior to OpenAI’s offering, Claude 3 Opus, recently predicted Bitcoin (BTC) will trade somewhere between $120,000 and $160,000 by the end of 2024. The artificial intelligence tool expects bullish attitudes to keep pushing BTC’s price upward for most of the year.
Claude’s forecast is in line with predictions made by some cryptocurrency experts that BTC’s price will reach as high as $160,000 in 2024. The approval of spot exchange-traded funds (ETFs) has sent Bitcoin’s market capitalization to the highest it has ever been at $1.2 trillion, and the halving event in April will cut the rewards miners get for solving blocks in half, reducing the supply of newly minted tokens being sold on exchanges.
While Bitcoin has been the main topic discussed in the cryptocurrency space these days, InQubeta (QUBE) has raised over $11.6 million during its presale, emerging as one of the top ICOs. It’s been one of the most profitable new DeFi projects in the past year, earning early backers 250% profits so far.
Emerging AI crypto InQubeta (QUBE) is expected to enjoy 100x gains in 2024
InQubeta is creating a decentralized finance space that makes investments in artificial intelligence accessible for regular investors. It aims to provide an alternative to mainstream investment firms, allowing those who don’t meet the capricious requirements these firms often have to still invest in artificial intelligence.
The artificial intelligence space has seen investment capital thrown at it rise by 1,200% in the past several years. Investments in AI currently exceed $120 billion, and that figure is projected to exceed $1.5 trillion by 2030. This positions InQubeta for substantial growth in the coming years as a portion of these funds stream into the AI industry.
InQubeta uses a crowdfunding approach to link investors with AI startups. These companies get to tokenize investment opportunities into non-fungible tokens (NFTs) on the marketplace. Investors can purchase any of these tokens with the project’s native currency QUBE, securing equity and other rewards.
Some of the AI startups emerging today will end up playing a major role as the artificial intelligence revolution unfolds in the next couple of decades. Investing in AI startups is an excellent way for investors to position themselves to create generational wealth.
Holding on to QUBE might be just as lucrative given the token’s massive growth potential. Tokens could be worth as much as $16 if the project market capitalization reaches that of meme coins like Dogecoin (DOGE), presently at over $25 billion.
Investor interest in InQubeta’s presale is comparable to interest in top crypto coins like Ethereum during its ICO so its market capitalization will likely reach much higher numbers in the coming years.
QUBE holders can earn more tokens by staking what they have to help operate the blockchain. A dedicated reward pool will periodically send them more tokens as rewards for their services.
AI Bitcoin (BTC) price predictions match leading experts
The launch of exchange-traded funds that are compliant with the SEC’s ETF acceptance criteria has been the main factor credited for BTC’s recent price rise. Massive inflows have led to BTC reaching new all-time highs (ATH) and the next halving event in April is expected to send prices skyrocketing.
Investing in BTC ETFs or buying tokens directly is a good investment to make right now as the currency is now backed by major asset markets. However, BTC’s price growth probably won’t keep up with QUBE’s given the different stages in their development.
Summary
QUBE and BTC are two of the best altcoins to purchase right now to earn exponential returns before 2024 ends. QUBE is set to be one of the fastest-growing DeFi coins around as it opens up investments in the AI sector.
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.