Ethereum (ETH) developers plan to set an official mainnet launch date for its Dencun upgrade on Feb. 8, after testing on its Testnet. The upgrade will introduce several improvements like proto-dank sharding to help lower transaction costs on the layer 2 blockchain built on its network.
The Dencun upgrade will be the first upgrade of the Ethereum blockchain since the Shapella upgrade in 2023 that paved the way for the unstaking of ETH.
InQubeta (QUBE) is one of the layer 2 blockchains built on the Ethereum network, and it intends to be one of the best DeFi cryptos as it makes artificial intelligence (AI) investments more accessible. Its presale has been a monumental success so far, raising over $8.9 million in token sales as it prepares to enter its eight of ten stages. It was one of the best altcoins to invest in last year, bringing investors 220% returns so far.
Sei (SEI) is another top DeFi project that hosts a blockchain that is built for decentralized finance specifically. The solutions it provides have rapidly expanded its user base, and it has given its investors 7,700% returns in the past 12 months.
Top DeFi coin InQubeta (QUBE) expected to outpace Sei in 2024
The artificial intelligence industry has enjoyed a major surge in investor interest since 2015, taking total investments from $12 billion to $120 billion. The AI bull run is just getting started as more than $1.5 trillion is expected to flow into the technology in the next several years.
Many AI-focused cryptocurrencies enjoyed substantial growth in 2023 and 2024 isn’t expected to be any different as artificial intelligence’s impact on our lives grows.
InQubeta aims to use blockchain technology to free up the flow of capital into AI-focused companies while democratizing access to investment opportunities. Its presale is one of the top ICOs going on right now, raising over $8.9 million in token sales so far. Early investors have already earned 220% returns by buying QUBE, but there’s no need for FOMO yet. Some analysts have QUBE prices rising as much as 100x once launched so tokens are still cheap at their current $0.0224 price. That’s more growth that SEI is expected to see.
The InQubeta project plans to deliver the first crowdfunding avenue for AI to raise capital with cryptocurrencies. These companies secure the funding they seek by selling ERC20 coins that offer equity and rewards.
These tokens are displayed on the NFT marketplace where investors can learn more about the opportunities each represents and read expert opinions. Investors must acquire the project’s native token and governance token with cryptos or fiat to buy the ERC20 coins being offered.
Investors can also back InQubeta by buying and holding or staking QUBE. Rewards are sent to stakers periodically and QUBE could be worth a few dollars in the next couple of years.
Ethereum (ETH) developers prepare to set the main net launch date for the Dencun upgrade
Ethereum developers will decide on a date to launch the Dencun upgrade on its main net on Feb. 8. The upgrade is expected to bring forth improved scalability, efficiency, and lower transaction costs.
ETH prices are expected to enjoy considerable growth in 2024, thanks to the US Securities and Exchange Commission’s (SEC) decision on Bitcoin ETFs. The approval of Bitcoin (BTC) spot ETFs paves the way for an Ethereum exchange-traded fund which should help push its prices upward.
Technopedia projections have ETH prices rising as much as $6,500 in 2024, making it a good crypto investment to make right now.
Summary
QUBE and ETH are two of the best coins to invest in right now to position yourself to earn exponential returns by the end of the year. InQubeta is expected to see more growth thanks to growing investor interest in AI-focused cryptos and the solutions it delivers.
