Bitcoin (BTC) has been one of the top cryptos to invest in this year as its price has grown by over 56% so far. The most popular cryptocurrency ever launched has seen a massive surge in investor interest in the last six months as spot exchange-traded funds went from a possibility to a reality.
Things are about to get a lot more interesting now that it’s been revealed that the Bitcoin Virtual Machine will soon allow users to create artificial intelligence (AI) models on the Bitcoin Network. The layer-2 project plans to release a platform named Truly Open AI, that allows users to deploy AI models for cryptocurrency apps.
Monero (XMR) challenger InQubeta (QUBE) is also generating lots of discussion in the crypto space as its presale sells over $12.2 million in tokens as it enters its ninth stage. The emerging crypto has earned its early backers 300% returns on their capital so far and some analysts have QUBE prices surging as much as 10,000% in 2024.
InQubeta (QUBE) could be one of the best DeFi projects around once launched
InQubeta looks to solve the problem of how inaccessible many traditional investing avenues can be because of the geographic, income, or net worth requirements they often have. This prevents regular people who aren’t connected from getting access to investment opportunities while slowing down the stream of capital to firms.
InQubeta’s goal is to address this issue by providing an alternative way for investors to access AI investments on its blockchain. The project being developed on the Ethereum (ETH) network gives it the same functionality that it plans to use to create a unique investment process.
A new way to access AI investment opportunities
Artificial intelligence startups seeking to fundraise on InQubeta’s ecosystem are first evaluated to determine their eligibility. Firms that get the green light gain access to the NFT marketplace where these companies can digitize investment opportunities they’re offering into non-fungible tokens.
Investors don’t have to worry about capricious requirements on InQubeta’s network; they simply use QUBE to invest in any opportunities they find promising by purchasing fractions of non-fungible tokens made by the companies offering them.
There’s a massive liquidity pool in InQubeta’s ecosystem since investors will be able to resell any tokens they purchase whenever they choose.
Investors can also invest in InQubeta’s future by buying and holding QUBE. Anyone who intends to hold their tokens long-term can stake them and earn more as rewards. QUBE’s price is expected to rise exponentially in 2024 and beyond.
Bitcoin Virtual Machine will help expand DeFi services on the Bitcoin network
One of the developers of the Bitcoin Virtual Machine recently revealed plans to launch a protocol that would enable the creation of AI models on the Bitcoin network. This should help increase the capabilities of decentralized finance services launched on the blockchain.
BTC has enjoyed a 136% price surge in the past year, and it has set new all-time highs (ATHs) multiple times this year. It’s set for more growth thanks to its next halving event set for April, and the introduction of AI models into the network should help push prices upward.
Monero (XMR) won’t be able to keep up with InQubeta
XMR’s price has risen by 24% in the past month, and it might be at the start of a bull run. Its blockchain providing anonymity has been one of the issues plaguing its growth as regulators pressure exchanges to delist.
Summary
QUBE, BTC, and XMR are some of the best cryptocurrencies to invest in right now. QUBE has the most impressive growth projections with some experts predicting as much as 10,000% growth once available on exchanges.
