It hasn’t been all sunshine and rainbows since the SEC decision on Bitcoin ETFs. On January 10, a day to be remembered, the US SEC approved the first Bitcoin ETFs, giving the green light to 11 applications. Trading started a day later, but it hasn’t been all that was anticipated, with Bitcoin (BTC) declining and investor sentiment post BTC ETF low.
Meanwhile, amid market uncertainties, Solana (SOL) and InQubeta (QUBE) have become investor go-tos for staggering gains. This post will cover Bitcoin’s struggle post-ETF and explain why InQubeta and Solana are the best cryptos to buy now.
InQubeta (QUBE): Aiming for the Moon
As a savvy investor, you will likely understand the implications of adding promising ICOs to your crypto portfolio. Boasting massive upside potential, InQubeta (QUBE) has become an investor favorite. It stands out among the new ICOs, not only for its potential price jump after launch but also for its innovative concept and approach.
As a fundamentally strong cryptocurrency, it stands at the intersection of AI and blockchain. It seeks to solve key issues within one of the fastest-growing industries – the AI sector – with blockchain technology. Hence, it will build the first crypto-based crowdfunding platform for tech startups and an NFT marketplace. With this, it aims to solve fundraising and accessibility challenges—two pressing issues—making it primed for massive adoption and explosive growth.
The presale is in its seventh stage, and a token costs only $0.0224. According to analysts’ predictions, it is the best new crypto to invest in, and it will experience a 55x rally after its launch.
Bitcoin (BTC): Struggle Continues After ETF
The first spot Bitcoin ETF application was submitted in 2013. After years of waiting and several rejected applications, the US SEC finally gave its green light to this investment product on January 10, amid much reluctance. In the first three days of trading, volume exceeded $9.4 billion. Interestingly, a week into trading, Bitcoin has flipped silver to become the second-largest ETF commodity. Apparently, the new rivalry is now Bitcoin ETF vs. gold.
Despite the above—which still falls below expectations—the Bitcoin struggle continues. At the start of the ETF market, riding the excitement wave, Bitcoin briefly surpassed $48,000, which remains 2024’s peak. However, since then, it has been on a downward spiral.
A price correction has set in, with some analysts predicting a dip as low as $35,000 before a comeback. While this might be termed FUD, this correction is deemed by many to be healthy, as it will pave the way for a stronger rally. Hence, despite the pullback, a Bitcoin rally is anticipated soon, positioning it as one of the best cryptos to invest in.
Solana (SOL): Riding the Bullish Wave
Solana (SOL) has been able to maintain market hype following its explosive growth last year. It was one of the biggest winners and best performers, making its way into 2023’s highlights. With its foot on the gas and gearing up to skyrocket this year, it has become one of investors’ go-to investments, making it a good crypto to buy.
As one of the top altcoins, Solana is expected to ride this year’s bullish wave. Its rising popularity and adoption as a DeFi solution will further contribute to its growth, making it a promising play not to miss out on.
Hence, to avoid experiencing the fear of missing out (FOMO) later on, we recommend holding some Solana tokens in your portfolio.
Conclusion
The Bitcoin struggle post-ETF continues and might retest $35,000 if the bears overcome the bulls. Meanwhile, InQubeta and Solana have emerged as investors’ favorites for whopping gains. To ride InQubeta’s bullish wave to its fullest, click the link below to participate in the presale.
