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The cryptocurrency industry’s market capitalization in 2022 stood at $829 billion. Just six months into 2023 and the sector has already surged by over 48% and its current market capitalization stands at $1.2 trillion. The cryptocurrency market is moving ahead with a mission and there’s no stopping its growth. If you are someone who thinks that they might have missed the bus, there’s no better time than now to finally explore cryptocurrencies. There are a wide array of options available for anyone to choose from. If you research about the best cryptocurrency to buy, it’s hard to miss InQubeta’s stellar growth. The Ethereum-based crypto project has been making waves with its state-of-the-art model that bridges the gap between startups leveraging artificial intelligence and potential investors. By addressing a crucial loophole in the startup ecosystem, the platform enables both innovators and investors to boost their growth with a decentralized platform that’s secured by Ethereum’s smart contracts. What’s more, both parties can score mutually beneficial deals that are transparent and authentic. And, your options aren’t limited to InQubeta. The following list features some of the best crypto picks of 2023 that can not only multiply your gains but are also ideal for diversifying your portfolio. Buying and accumulating huge volumes of utility-backed tokens can potentially provide King-sized gains in the long term future. Always diversify your portfolio to reduce risk.
1. InQubeta: Catalyzing the startup industry with blockchain
By landing a spot on leading analysts’ best cryptocurrency ico list for 2023 while being in its presale stage, InQubeta seems to have managed a feat that few stablecoins have till now. The platform has been raking global attention with its nuanced model that caters to the requirements of both startup founders and investors. Despite the tremendous growth of the startup industry in recent years, the availability of secure financing opportunities continues to plague the sector. A platform like InQubeta solves the problem by leveraging blockchain technology and decentralized finance. What’s more, is that its network is well-equipped to shield users’ privacy and assets as its security framework has been audited by leading firms.
For facilitating various transactional purposes on its network, the platform has rolled out a native token called the QUBE token which is built on the ERC-20 protocol of the Ethereum network. The token can be purchased on presale. For the convenience of the users, the InQubeta team has split the presale process into nine stages. The token price will be rising with each stage. For instance, a QUBE token might cost $0.0070 in the beta stage and $0.00875 in the first stage. The total stock of the QUBE token is capped at 1,500,000,000 units and the supply will be diverted to various use cases which include presale, exchange listings, team tokens, maintaining the liquidity and reward pools, and, funding marketing campaigns, among others. The InQubeta team has decided to implement a vesting period of 12 weeks for all QUBE token purchases. So, if one buys a QUBE token, they will be able to access their purchased coins only after the lock-in period ends. According to the team, a vesting period helps in phasing out the release of tokens and avoids a glut in the market. At the same time, a vesting period contributes to creating a holistic investment ecosystem by boosting buyers’ confidence in the asset.
Another notable factor about the QUBE token is its deflationary model which is ideal for looking for a cryptocurrency that doesn’t fluctuate a lot. The deflationary model ensures that the supply of the token is always below its demand level which in turn minimizes price fluctuations. To control the supply, all extra tokens are sent to InQubeta’s ‘burn wallet’, where the coins are destroyed. Not to forget, the QUBE token is also used for implementing InQubeta’s decentralized governance mechanism where community members participate in the decision-making process via voting rights. With these voting rights, community members vote for proposals seeking new additions to the InQubeta protocol or even move similar proposals themselves. Given these features, it’s no wonder that InQubeta is being called one of the best new icos of 2023.
Startups choosing to onboard InQubeta for raising funds first have to create an NFT that represents the level of reward that they’d like to offer the investor in exchange for investing in their company. These rewards may be something like an equity share. Next, these NFTs are uploaded on the NFT marketplace where investors can assess them. Once an investor pays for the NFT with QUBE tokens, the funds go to the startups.
2. DigiToads: The three-in-one cryptocurrency
If you are looking for a project that can teach you cryptocurrency trading for beginners intuitively, DigiToads is a great option to consider. What stands out about cryptocurrency is its hybrid economic framework which has been developed by combining the features of three different cryptocurrencies. So, you get to enjoy the utility offered by a meme coin, a play-to-earn game, and a stake-to-earn portal on a single platform. Its native token is TOADS and with its help you can explore multiple options to earn passive income like trading, staking, participating in Web 3.0 games, and entering prize draws.
What’s drawing a lot of users to DigiToads is its Web 3.0 game where the winners get to earn TOADS tokens as a prize. With short game seasons that last around a month, community members get ample chances to enjoy the game. To win, players have to defeat their competitors in an arena-style swamp. If they require assistance, they can seek help from digital creatures called DigiToads, which are great assets in a game because of their extraordinary strength and special traits. If you are feeling generous, you can fork out some TOADS to buy food, training equipment, and potions for your DigiToads.
3.Kaspa: Unravelling the power of blockDAG
This is another top altcoin that has been making waves among the developer community with its next-generation model. It’s a Layer-1 blockchain for building dApps and other kinds of decentralized tools which counts high scalability and security among its key USPs. Many developers credit Kaspa’s success to blockDAG, which is a digital ledger powering the network. With blockDAG, the developers can enjoy parallel blocks for processing transactions and instant confirmation. What adds to the magic is Kaspa’s proof-of-work algorithm and single-block intervals. The platform’s native token KAS is used for all kinds of transactional use cases on the network.
4. CyberConnect: Combing the potential of social media with blockchain
Rated as one of the altcoins to watch out for in 2023, CyberConnect is an ideal crypto project for developers looking to combine elements of blockchain with the reach of social media networks. The platform has been developed as a decentralized social media protocol using which developers can deploy cutting-edge dApps that can help users interact more freely and transparently. The platform’s native token CYBER is the medium of exchange on the network and bankrolls all transactions. One of the most interesting features of this top altcoin is CyberProfiles where users can create on-chain digital profiles. These decentralized identities will be powered by the ERC-721 protocol of the Ethereum network. With CyberProfile, users can create their social graph, post content and monetize it. Not just content monetization, CyberConnect also helps content creators build their monetization channels, roll out on-chain subscriptions, add a tipping system, and much more. Unlike centralized platforms, content creators get the chance to interact with their fans without shelling out a hefty fee.
5. Sweat Economy: Lose some sweat to earn crypto rewards
If you are still lagging on your New Year’s resolution to stay fit, this crypto token is the perfect opportunity to wake up the fitness freak in you. With over 120 million users, Sweat Economy is a move-to-earn platform where one can earn cryptocurrencies by completing fitness goals. These rewards are given in terms of Sweat Economy’s native token SWEAT which is the primary cryptocurrency on the network. The top altcoin also enables its users to mint new tokens by completing fitness challenges. The mechanism enables users to walk more steps and mint more coins. Also, to mint their coin, a token holder would have to walk extra steps. The strategy incentivizes Sweat Economy users to stay dedicated to their fitness and engage more with the platform. The platform ropes in movement validators like SweatCo Ltd to verify the authenticity of a user’s movement and update the same on the blockchain network. Under the current model, every user gets 1 SWEAT token for every 1,000 steps they take. The movement validator receives data from the recording device and then verifies it using an algorithm. Moreover, SWEAT token holders can also stake these coins to earn attractive rewards.
Conclusion
If you are ever in a fix about what cryptos to buy now, the above-mentioned projects are dependable options that you can choose on any given day. With their top-notch features, they are some of the best projects rolled out in 2023 and have the potential to outperform many popular alternatives. While these projects have their strengths, the one crypto token that has managed to woo both users as well as analysts alike is InQubeta. Be it its industry-specific use case or high-end functionality or robust security, the platform is well-positioned to transform the decentralized finance ecosystem. Plus, by aligning its growth with a dynamic industry like the startup sector, analysts feel InQubeta can grow by leaps and bounds soon. As far as the QUBE token’s market performance goes, experts suggest that it has the potential to grow by at least 30x over the next few months. While these growth projections are encouraging, they might change in the future depending on how certain global economic factors might play out. Hence, crypto users should research the token before going ahead to buy it. A bit of research can caution users about potential risks associated with cryptocurrency trading.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
