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Singapore-based cryptocurrency trading firm, Matrixport, is in the spotlight again for its bold Bitcoin prediction. Founded by Bitmain CEO Wu Jihan, Matrixport reiterated its $45K Bitcoin prediction made early this year. Meanwhile, one of the top altcoins to watch in 2023, InQubeta (QUBE), reached a new milestone – raising $4.3 million on its fifth presale stage. Let’s look into these recent headline-worthy developments in the crypto space.Â
Summary
Matrixport’s Bold Bitcoin Prediction
In an article published on October 24, crypto trading firm Matrixport once again mentioned that Bitcoin will hit the $45K mark by the end of 2023. Matrixport had said that October would be a good month for the world’s first cryptocurrency and as we enter November, the prices will continue to rise. Their prediction is based on how long-time and beginner cryptocurrency traders are excited about the possible approval of a spot BTC ETF (exchange-traded fund). It is also worth mentioning that historically, October is Bitcoin’s strongest month, averaging returns of 20%.
While Bitcoin continues to be viewed as the best cryptocurrency, it’s important to note that the crypto market is volatile, and predictions, no matter how well-informed, don’t erase the risks involved in investing in crypto. First-time investors are encouraged to study and understand crypto space before making crucial decisions.
InQubeta’s Presale Success
InQubeta (QUBE), one of the best cryptos to buy today, is a decentralized finance (DeFi) project creating a ripple with its impressive presale stats. The platform’s early success is an indication of the strong interest and support it has received within the crypto community.
Industry experts are impressed with InQubeta’s strong presale performance. The revolutionary decentralized platform helps promising artificial intelligence (AI) startups find investors to finance their projects. Introduced just a few months ago, crypto enthusiasts have included InQubeta in their best cryptocurrency ICO lists.
Crypto analysts cite several factors contributing to the platform’s success:
QUBE as a Governance Token
InQubeta’s native token, QUBE, powered by the ERC20 standard, has other uses in addition to facilitating transactions within the platform. One of these is its use as a governance token. Based on the autonomous organization model, token holders can be consulted on every major decision for the platform – operations, developments, and future endeavors.
QUBE’s Anti-Inflationary Character
To prevent price fluctuations, the supply of QUBE tokens is regulated. This keeps it scarce, which may help drive up its altcoin price with increased demand. This unique feature also keeps investors’ returns intact during a turbulent market or when inflation is high.
InQubeta is Secure and Transparent
InQubeta (QUBE) is one of the best cryptos to buy now with its transparent model. Before AI startups can connect with potential investors, they must submit a proposal indicating the reward system they’re offering to investors. These offers are turned into non-fungible tokens (NFTs) and placed on InQubeta’s NFT marketplace.
This design allows investors to access, analyze, and purchase these NFTs. Investors with limited budgets need not purchase the entire NFT as they are allowed to buy a smaller part of the digital asset. Through fractionalization, the InQubeta platform provides equal opportunity to potential investors.
Strong Community Support
Since its launch, the InQubeta (QUBE) platform has enjoyed solid support from community members. The rewards, security, and transparency it offers have earned investors’ invaluable support and trust. Its X (formerly Twitter) account, which posts regular updates, continues to attract more followers who are potential AI startup investors.
Conclusion
Matrixport’s bold $45K Bitcoin prediction and InQubeta’s successful presale highlight the ongoing dynamism and innovation in the crypto space. The prediction, which many share, underscores the growing confidence in Bitcoin’s long-term potential. InQubeta’s massive success demonstrates the growing interest in top DeFi projects and the demand for innovative solutions. InQubeta’s focus on transparency, community engagement, and security has allowed it to build a strong foundation of support, further cementing its position as the best new crypto to invest in today.Â
*This article was paid for Cryptonomist did not write the article or test the platform.
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