Bitcoin’s ATH on Coinbase: A Crucial Milestone, Market Eyes Akash Competitor’s Ascension

Bitcoin (BTC) recently set a new high on Coinbase at $73,247 on March 13. Its prices have surged by over 49% in the past month as spot exchange-traded funds bring in over $200 million daily. Buying up BTC is one of the best crypto investments you can make right now given the consensus among analysts is that prices will reach $160,000 in 2024.

BTC’s price has set new highs several times in the past few days as the number of people investing in BTC ETFs and those buying up tokens increases rapidly. Bitcoin’s market cap has grown by over 100% since ETFs were launched and its market capitalization is now over $1.4 trillion. That’s still small in comparison to the over $150 trillion being managed by asset managers like ARK Invest, BlackRock, and Grayscale.

Akash Network (AKT) competitor InQubeta (QUBE) also recently passed a crucial milestone as its presale flew right past its original $10 million funding goal. More than $11.7 million has now been raised, and it’s closing down on the $18.3 million raised by its parent blockchain the Ethereum (ETH) network during its initial coin offering.

Emerging Crypto InQubeta (QUBE) Is Expected to Outperform Bitcoin Despite Unprecedented Inflows

The problem InQubeta aims to solve has been one of the main factors driving the success of its ICO. It intends to provide its users with a decentralized investment space that offers investment opportunities in the artificial intelligence (AI) industry.

It is the first DeFi crypto coin to focus exclusively on artificial intelligence investments and its objective is to serve as an alternative to traditional investment avenues since most of these firms have income or net worth requirements everyday investors can’t meet.

InQubeta’s ecosystem will help send more capital into the artificial intelligence space while opening investment prospects to anyone who wants to participate and the 1.4 billion unbanked people worldwide.

Here’s how InQubeta’s decentralized investment space will work:

  • AI startups that pass an initial assessment get access to InQubeta’s marketplace where ERC20 coins can be made
  • These firms tokenize investment opportunities into non-fungible tokens (NFTs) that are then fractionalized into smaller portions
  • Investors purchase QUBE and use it to buy the tokens of any startups they find interesting, earning equity and other rewards
  • Investors can hold on to their tokens for as long as they want or resell them to other users on the marketplace

Investors can also earn enormous profits by procuring and holding on to QUBE. Tokens now go for $0.0245, but they could be worth as much as $2 by the end of 2024. QUBE holders get to be part of the project’s governance and they can accrue additional tokens by staking.

Bitcoin (BTC) Is Expected to Keep Setting New ATHs

Analysts on Coinbase expect Bitcoin prices to be pushed up by factors like the Federal Reserve potentially lowering interest rates, inflows generated by exchange-traded funds, and the halving event of the Bitcoin blockchain due in April.

BTC has set a new high several times in the past week and analysts believe this is just the start of its bull cycle.

Akash Network (AKT) Has Surged 71% in the Last Month

QUBE might be projected to outperform AKT in 2024, but it’s still one of the best cryptos to invest in. The decentralized cloud computing cryptocurrency looks to redefine how cloud services work and that has led to 1,671% price growth in the past 12 months.

This momentum is expected to continue for the rest of the year, but it won’t be enough to keep up with InQubeta’s 100x growth projections.

Summary

QUBE, AKT, and BTC are three of the top crypto coins to buy right now. QUBE will probably lead the trio as far as growth potential is concerned thanks to the utility it provides to users looking to invest in artificial intelligence.

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