Buying up Ethereum (ETH) has been a good crypto investment to make in the past few years and its prices are currently surging toward reclaiming its past all-time high (ATH). Ethereum has been a trailblazer ever since it was launched, offering users a lot more capabilities than the Bitcoin (BTC) network.
The Ethereum network does a lot more than serve as a store of value. It allows developers to create all sorts of decentralized applications, including launching new cryptocurrency projects like InQubeta (QUBE).
However, the growing use of the Ethereum network has led to issues like slower processing times and higher gas fees. The response to this problem was the creation of Layer 2 solutions.
Layer 2 solutions move transactions away from the Ethereum blockchain, improving processing speeds. Some do this by processing transactions independently before returning the data to the Ethereum network, while others bundle transactions up so they can be processed more efficiently. Layer 2 solutions, like Polygon (MATIC), have seen a considerable increase in transactions in the past month. MATIC’s prices have risen 39% since then.
The increasing use of Layer 2 solutions on the Ethereum network bodes well for emerging cryptos like InQubeta that are launched on its blockchain. It leads to improved user experience and cost efficiency.
InQubeta (QUBE) tops the ICO list with over $11.4 million raised
InQubeta has emerged as one of the most attractive ICOs in the cryptocurrency space thanks to the problem it plans to solve by making artificial intelligence (AI) investments easier to reach. It’s been trending on social media platforms like X as its presale flew past its original $10 million funding goal.
InQubeta provides a solution to the inefficiency and inaccessibility associated with many traditional investment avenues. These companies often have unreasonable prerequisites that disqualify most people from using their services.
InQubeta shares the capabilities of its parent network, which allows its developers to create a decentralized investment space that revolves around ERC20 coins. AI startups tokenize investment opportunities into these non-fungible tokens and sell them to investors on the NFT marketplace.
Companies fundraising on the InQubeta network also get access to various tools to help get their firms up and running like legal and marketing advice. Investors, on the other hand, are provided with information about the fundraising companies to help them make informed decisions.
Investors can build generational wealth on the InQubeta network by investing in AI startups or simply holding on to QUBE. Tokens sell for $0.0245 during the presale’s eighth stage and prices are expected to be over a dollar soon after the tokens are launched.
QUBE could be worth as much as $16 in the next few years when its market cap surpasses that of dog coins like Dogecoin (DOGE). Some analysts believe that is only a matter of time given how much more utility InQubeta provides compared to a meme coin whose co-founder recently said its recent price surge shows “how retarded people are.”
Ethereum (ETH) Layer 2 solutions keep fees reasonable as prices surge
The increasing use of Layer 2 solutions on the Ethereum network helps its long-term growth as prices break the $3,900 resistance level. Rumors about Ethereum spot exchange-traded funds being approved by the US Securities and Exchange Commission (SEC) as early as March have helped to push prices upward.
Fetch.ai (FETs) impresses with 354% 30-day surge
Fetch.ai has been one of the biggest winners in the cryptocurrency space in the past month thanks to its 354% price increase. The project provides users with automated bots that can perform a wide range of tasks from arbitrage trading to finding the best deals on hotel prices. FET prices could grow as much as 1,000% in 2024.
Summary
QUBE, ETH, and FET are three top altcoins to invest in right now given their projected growth potentials. FET is expected to be one of the fastest-growing altcoins in 2024, but it probably won’t be able to keep up with InQubeta’s 10,000% growth predictions. There’s a good chance those who invest in QUBE will build generational wealth in the next few years.
