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With barely a month left before Bitcoin’s halving event, the crypto community is looking forward to how it impacts the sector. Under halving, the mining rewards given to miners for generating blocks are reduced by 50% to control internal inflation. The event, which occurs every four years, is considered to be beneficial to other altcoins because of its bullish influence.
Experts suggest Dogecoin (DOGE) and Shiba Inu (SHIB) would be among the coins that can reap the benefits of the halving event’s positive impact and could potentially rise by 100x. Analysts also claim that their gains will be supported by the strong investor sentiment post-BTC ETF.
Another crypto project that analysts are betting big on is InQubeta (QUBE). The Ethereum-based platform helps startups raise funds for AI projects and grow their businesses.
Considered to be one of the best new ICOs of the year, InQubeta is being pitted as a competitor of leading altcoins like Chainlink (LINK). So far, its ICO has raised over $12 million.
InQubeta: Building new-age AI startups
InQubeta has a transparent investment model where crypto users can invest in startups by purchasing NFTs created from their investment proposals. The NFTs are bought with InQubeta’s native cryptocurrency, the QUBE token.
The QUBE token, with a supply of 1.5 billion, is used for all transactions and for paying all expenses related to running the platform. It’s a top altcoin as it enables its owners to contribute to InQubeta’s decision-making process.
InQubeta has made a splash globally as it combines innovation with practicality. It’s built on a deflationary model which scales down the impact of inflation or market volatility on its returns.
Whenever the markets are tanking, the model restricts the availability of the token. The scarcity of the asset drives up its value while assuring QUBE token owners of stable returns.
Any uptick in supply during such times is tackled by burning the extra tokens in circulation.
Chainlink’s CCIP sees 180% surge in revenue
Chainlink is an open-source platform that allows developers to source blockchain data from off-chain sources. The Web 3.0 platform’s key offering is its Cross-chain Interoperability Protocol (CCIP) which can be used for building dApps and sending messages across blockchains.
Its native token LINK is considered to be one of the best cryptos available in the market today.
In a recent development, Chainlink’s CCIP clocked a 180% surge in its revenue between January and the first week of March.
The revenue which was around $61,000 at the beginning of the year is currently pegged to be around $171,000. Experts believe that the surge is due to a significant increase in the protocol’s adoption.
200 million Dogecoin tokens moved to Robinhood.
Dogecoin is a meme coin inspired by the Japanese dog breed Shiba Inu and enjoys the patronage of celebrities like Tesla CEO Elon Musk.
Its native token DOGE is used for settling all kinds of payments within the Dogecoin ecosystem.
The coin was recently in the news after 200 million DOGE tokens were reportedly deposited on Robinhood. According to WhaleAlert, the transfers were made within 48 hours.
Shiba Inu’s news portal goes live
Shiba Inu is a dog-themed crypto project that has over time developed into a DeFi platform. Apart from a decentralized governance structure, the ecosystem also sports a Layer 2 network and a crypto exchange.
Its native token SHIB is used for all on-chain transactional purposes.
Shiba Inu recently unlocked another milestone after it launched its official news website. Called ‘The Shib’, the portal will be posting fresh content about the meme coin every day.
Conclusion
Dogecoin, Shiba Inu, InQubeta, and Chainlink are top cryptos to invest in that have proved their mettle through consistent growth over the past few months.
The popularity of these tokens proves that cryptocurrencies are not complex and investing in them can have a quirky side too. Shiba Inu and Dogecoihn started out as dog-themed meme coins but today command a global presence.
Chainlink has been driving impact with its cross-chain interoperability protocol which hit the headlines recently due to its massive adoption. In the case of InQubeta, its AI-centric model has helped it show how startups can leverage blockchain for business growth.
The four crypto projects also sport robust security structures that are regularly reviewed by experts and assure their users about the safety of their assets.
