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The crypto market recently witnessed a downturn as both Ethereum and Bitcoin experienced a decline in their prices. Bitcoin has failed to surpass the $27,000 resistance mark, and there are concerns that the leading coin could slide further below the $25,000 support level. Ethereum has not fared better, with the leading altcoin hovering around the $1,600 range.
This recent downturn in the market has been partially attributed to the Federal Reserve’s decision to raise interest rates earlier in June which has impacted investors sentiments on moving their assets to Bitcoin and Ethereum. Furthermore, the regulatory concerns from the SEC’s pursuit of Coinbase and Binance have caused added fear among investors.
As two of the leading cryptocurrencies, this slide has sparked concern among investors, leading them to search for potential safe havens. Experts have touted three tokens: InQubeta, Terra Classic, and Algorand. We explore their potential and why they are among the best crypto to buy for the long term.
Summary
InQubeta: The Fast-growing AI Token
InQubeta, an AI-focused crypto crowdfunding platform, has gained significant attention in the market. Despite the overall downturn, InQubeta has shown resilience and potential for long-term growth. Its unique approach to AI crowdfunding sets it apart from other projects, making it an intriguing option for investors.
InQubeta’s value proposition lies in its AI-focused crowdfunding platform, offering fractionalized NFTs. This innovative approach allows investors to participate in the AI Crypto space while mitigating risks. Additionally, InQubeta’s deflationary token, QUBE, ensures a fair distribution of rewards through its rewards pool. With its verification by top auditing firms Hacken and Block Audit, InQubeta offers a trustworthy investment opportunity.
Investors seeking to join InQubeta’s journey can take advantage of its presale phase. The token price has already experienced a 25% increase during the presale, reflecting growing demand and investor confidence. Participants can contribute with a minimum investment of $50 and enjoy multiple payment options such as BTC, USDT, and BNB. With the presale already raising over $500,000, there is a clear indication of the market’s enthusiasm for InQubeta.
Terra Classic: A Reliable Choice
Terra Classic has emerged as a top crypto coin to consider during this market downturn. Its stability and robust ecosystem have attracted investors looking for a reliable long-term investment. Terra Classic’s innovative blockchain technology and its vision for a decentralized financial system position it as a strong contender for investors seeking stability in uncertain times.
Exploring Algorand’s Potential
Algorand, another prominent player in the crypto market, has garnered attention for its unique features and potential for growth. Its commitment to scalability and security has established Algorand as a top crypto coin to watch. Despite the recent market challenges, Algorand has maintained its momentum, attracting investors looking for a promising long-term investment opportunity.
Bottom Line
While Ethereum and Bitcoin face challenges due to the Federal Reserve’s decision to issue higher interest rates, alternative cryptocurrencies such as InQubeta, Terra Classic, and Algorand present promising options for investors. InQubeta’s unique AI crowdfunding platform, Terra Classic’s stability, and Algorand’s scalability position them as potential safeguards against the current market downturn. Investors should consider these cryptocurrencies as they navigate the volatile landscape, seeking the best crypto investments for long-term growth.
*This article was paid for Cryptonomist did not write the article or test the platform.
