The US Securities and Exchange Commission (SEC) finally gave the first Bitcoin (BTC) exchange-traded funds its stamp approval on Jan. 10. The news sent BTC prices above the $48,000 mark for the first time in almost two years, and previous highs established in 2021 will likely be broken this year. An executive with VanEck, Matthew Sigel, revealed that BlackRock’s Bitcoin ETF has already amassed $2 billion.
Top DeFi crypto InQubeta (QUBE) is one of the few projects that might end up outpacing BTC in 2024 despite the exponential growth the king of cryptocurrencies is expected to enjoy. It aims to free up access to artificial intelligence (AI) investments since a large portion of potential investors can’t meet the prerequisites many mainstream investment avenues have. The utility of InQubeta’s ecosystem positions it for exponential growth that could mimic BTC’s historic growth patterns.
Sei (SEI) is also an option to consider if you’re trying to figure out which crypto to buy. The decentralized exchange enjoyed an impressive 9,130% price surge in 2023 and prices have risen by over 216% in the last month.
InQubeta (QUBE) emerges as top crypto to invest in
InQubeta has enjoyed lots of hype ever since its presale began and a growing number of investors continue to gravitate towards its ecosystem. Over $8.2 million has already been raised as the presale enters its seventh stage.
QUBE’s price growth has outpaced BTC in the past year, bringing investors 220% profits, with 37.5% more gains left before tokens are distributed on exchanges.
One of the biggest issues a large number of investors face when trying to use mainstream investing channels is being denied entry due to not meeting their requirements. This prevents investors with smaller budgets and incomes from earning money from their investments while slowing down the flow of capital to firms that need it.
Here’s how InQubeta addresses that problem:
- Investors purchase QUBE with fiat or their cryptocurrency wallets. This allows them to invest in AI startups by buying ERC20 coins made by them
- These coins are digital representations of investment opportunities and they cannot be imitated or duplicated. Investors can easily verify their authenticity on InQubeta’s blockchain
- Tokens are transferred to investors once purchases are completed while startups get QUBE, which they can convert to fiat
- The value of the ERC20 coins sold on the QUBE network expands in value as the startups that created them grow their market capitalizations. Tokens can be resold on the NFT marketplace at any time, so investments can be easily liquidated
Bitcoin ETFs approved by the SEC
VanEck’s head of digital asset research, Matthew Sigel, recently revealed the firm has already raised over $2 billion from current Bitcoin holders for the launch of its Bitcoin spot ETF, which has now been approved by the SEC.
If true, this would set a new record for asset trade and trading volume for an exchange-traded fund in its first week.
BTC prices have pulled back to the $42,000 to $43,000 range since it tested the $49,000 resistance level and the consensus is that prices could go as high as $160,000 this year.
Sei (SEI) emerges as one of the best coins to invest in
A $100 investment in SEI would have multiplied to over $2,000 in 2023 and the layer-l decentralized exchange appears poised for more growth. Its blockchain’s performance has been one of the main factors driving new users to its DeFi space as it doesn’t have some of the limitations associated with decentralized exchanges.
Summary
Wondering how to get into cryptocurrencies? Look no further than QUBE, BTC, and SEI. While BTC has the most hype surrounding it right now, QUBE will likely outgrow it by a considerable margin, while SEI comes in second place.
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