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The SEC decision on Bitcoin ETFs will be remembered for years to come. Following the approval of 11 spot Bitcoin ETFs by the US SEC on January 10, 2024, all eyes are now on Ethereum ETFs and the regulatory agency. Meanwhile, according to a recent report by the global financial institution Standard Chartered, it stated that a spot Ethereum ETF approval could push its price to $4,000.
At the same time, experts are bullish on Avalanche (AVAX) and InQubeta (QUBE), tipping them for explosive growth.
Summary
InQubeta (QUBE): 7,500% Upside Potential Post-Launch
Initial coin offerings (ICOs) are a popular trend in the crypto space. It provides emerging projects with an opportunity to raise crucial funds, and investors have a low entry point. With many projects beginning their journey at this stage, InQubeta (QUBE) has been hailed as the year’s best ICO.
Following a remarkable performance, it recently soared past $8.6 million in early funding. This suggests trust in its potential—including the problem it aims to solve—and its upward trajectory.
In stage 7 of the presale, a token costs only $0.0224. According to crypto analysts, it will see a 7,500% rally after its launch. Hence, if you are seeking the best new crypto to invest in, QUBE is a great place to begin your search.
While its upside potential is without a doubt appealing, another key feature that has piqued investors’ interest is its unique approach. It represents the convergence of AI and blockchain and aims to solve critical problems within the fast-rising AI market, notably fundraising and accessibility.
Its crypto-based crowdfunding platform will provide AI tech startups with much-needed liquidity to kickstart their journey in the competitive AI market. To raise funds, startups will first mint investment opportunities, which will be tokenized as equity-based NFTs and offered to investors—in bits—on the NFT marketplace.
Standard Chartered: Ethereum ETF to Push Asset’s Price to $4,000
Ethereum (ETH) is the second-largest cryptocurrency, behind only Bitcoin. As such, following the approval of spot Bitcoin ETFs, many are expecting the US SEC to give its green light for Ethereum ETFs, including Standard Chartered, a global financial institution.
In a recent report by Geoff Kendrick, a Standard Chartered analyst, Ethereum will mirror Bitcoin’s trajectory in its ETF run. The report reads that the potential approval of Ethereum ETFs—May 2024 as the expected date—could push the asset’s price to $4,000.
At its current price, it is about a 70% climb. With high anticipation regarding the approval of this investment product, ETH is expected to ride the excitement wave, just like BTC did. This makes it one of the best cryptos to invest in.
Avalanche (AVAX): Primed for Significant Growth
Avalanche (AVAX) is among the top altcoins on the market. It is popular for its role as a layer-1 blockchain, functioning as a platform for custom blockchain networks and decentralized applications. Its high transaction output—up to 6,500 transactions per second—gives it a competitive edge in the blockchain space.
Following the rise in investor sentiment post BTC ETF, investors have been eyeing Avalanche, adding to their bags. Its remarkable performance shows a potential breakout, which could see it soar past $40 in the coming days.
In light of its potential ascent, Avalanche is one of the best coins to invest in, and it is a bullish wave you can ride. To avoid FOMO (fear of missing out) later on, you can grab a bag now and HODL.
Conclusion
Standard Chartered is bullish on Ethereum, predicting a rise to $4,000 if its ETF application is approved by the SEC. At the same time, Avalanche and InQubeta are altcoins to watch, primed for significant growth. To participate in the QUBE ICO, click the link below.
*This article was paid for. Cryptonomist did not write the article or test the platform.
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