Some cryptocurrency analysts are calling Shiba Inu (SHIB) one of the best meme coins to invest in after the project recently reached a new milestone despite prices dropping 8% in the past month. According to data from IntoTheBlock, InQubeta has now set a new high regarding its long-term hodler count. Hodlers are long-term cryptocurrency investors who have held onto their assets for at least a year.
SHIB prices have been volatile in the past year, and the project lost 38% of its value. However, its growing number of hodlers might be indicative of an incoming surge. It could also be a sign many bought into the hype in 2021 and are now stuck with SHIB bags.
InQubeta (QUBE) is one of the top cryptos to invest in right now and a safer investment than any of the dog coins. Its future isn’t based on hype but, instead, on the solution it provides to potential investors who want to secure equity in artificial intelligence startups but don’t have access to mainstream investment channels.
Fetch.ai is another AI-focused cryptocurrency to keep an eye on right now. The top altcoin brought its investors over 300% returns during the last three months of 2023, but a strong pullback has wiped away a huge portion of those gains. Fetch.ai provides automated bots that handle various duties like online shopping and decentralized finance.
Popular NFT project InQubeta (QUBE) expected to dominate the AI-crypto space in 2024
The InQubeta project showcases the power of non-fungible tokens, also called ERC20 coins. The project is hosted on the Ethereum network which allows it to share its functionality, like allowing developers to create NFTs.
NFTs and smart contracts are used to create a decentralized investment process on the InQubeta network that’s more efficient than mainstream alternatives while being a lot more accessible. Anyone can buy equity or reward-based NFTs on the InQubeta network. These tokens replace stocks in its investment ecosystem.
The AI industry has enjoyed an exponential increase in investment funds since 2015, going from $12 billion to $120 billion. This rapid increase in investment funds is expected to continue and over $1.5 trillion is projected to flow into AI by 2030. InQubeta is positioned for considerable growth in the coming years as the first cryptocurrency to make opening AI investments its primary objective.
InQubeta investors can earn profits by purchasing equity in AI startups on the NFT marketplace or investing in the company directly by holding or staking QUBE. Tokens currently go for $0.0224, but some estimates have prices going as high as a few dollars by the end of the year.
Shiba Inu (SHIB) hodlers reach an all-time high
Data from IntoTheBlock shows that 74% of Shib holders have held their tokens for over a year, the largest number of long-term investors the project has ever had. So many investors choosing to hold their tokens long-term would send most cryptocurrencies on a bull run, but SHIB’s 589 trillion token supply could prevent that from happening. Only a small fraction of the tokens circulating being sold would be enough to keep prices trending downward.
Fetch.ai (FET) expected to enjoy 200% price surge
Fetch.ai brought investors considerable returns in 2023, and it’s expected to enjoy exponential growth this year as its user base expands. The project democratizes access to large datasets with the use of its digital twins. These automated bots can be used for decentralized finance or to find the best deals available on items like ticket prices.
Summary
QUBE and FET are two of the best altcoins to invest in right now thanks to the exponential growth both are positioned to enjoy. FET prices are expected to surge 200%, while QUBE sees as much as 10,000% growth.
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.