SPONSORED POST*
Dana D’Aurio, the Co-CIO of Envestnet, recently shared his views on the impact the launch of Bitcoin (BTC) exchange-traded funds (ETFs) has had on current market dynamics. D’Aurio credited the recent surge in BTC’s price to the influx of capital created by ETFs being approved by the US Securities and Exchanges Commission (SEC).
D’Aurio called the launch of Bitcoin spot ETFs a game changer and he believes BTC’s price will surge a lot higher thanks to the liquidity ETFs provide to investors. He believes it will continue to lead to an increase in retail investors who are eager to earn profits from its price movements now that it is backed by major asset markets.
Render (RNDR) competitor InQubeta (QUBE) has also recently enjoyed an increase in investor interest as its presale has raised over $11.6 million. The emerging crypto has earned its early investors 250% returns so far and prices are expected to surge as high as 10,000% once QUBE is launched on exchanges.Â
InQubeta could be the best DeFi coin to buy in 2024
Some of the factors that have been driving InQubeta’s presale success include the easy access to artificial intelligence (AI) investment opportunities it aims to offer investors, its 1.5 billion token supply, and the considerable growth the AI industry has enjoyed in the past decade.Â
AI investments have surged more than 1,200% since 2015 and an excess of $120 billion is currently invested in the industry. Financial experts predict an additional $1.5 trillion will enter the AI space by 2030. QUBE prices are expected to grow exponentially as a portion of these funds are directed into its investment space. Tokens could be worth hundreds of dollars in the next decade, giving investors a way to build generational wealth.
The tremendous growth of the AI industry is attributed to the increasing efficiency of products being created in the industry. As products like driverless cabs and humanoid robots roll out, more capital will be directed into the artificial intelligence sector.
A decentralized investment space focused on AI
AI startups and investors connect on InQubeta’s NFT marketplace where investors can purchase reward and equity-based investment opportunities that are digitized into non-fungible tokens (NFT). These tokens play the role of stocks in InQubeta’s investment space and smart contracts ensure all rewards are paid out.
Investors on InQubeta can earn considerable profits by either investing in AI startups by buying their non-fungible tokens or investing in the InQubeta project by purchasing QUBE and holding on to it long-term.
Holders can stake their QUBE to earn more with rewards sent out from dedicated pools that are funded by marketplace taxes.
Bitcoin (BTC) sets a new all-time high (ATH)
BTC’s price recently set a new ATH of $72,953 on March 12, marking the third time new highs have been set in the past week as its price grew by over 41% in the past month. The approval of ETFs has led to its market capitalization doubling in the past few months with over $1.2 trillion now invested in the most popular cryptocurrency ever launched. BTC’s price is expected to keep rising leading up to and after its halving event due in April.
Render (RNDR) poised for more price surges
Render has been one of the fastest-growing AI cryptos in the past 12 months with prices surging by over 1,000%. The Ethereum-launched project makes it easy for users to monetize any unused processing power they have by renting them out to other users in its ecosystem. RNDR prices could increase by up to 1,000% in 2024.
Summary
QUBE, BTC, and RNDR are three of the top altcoins to buy now. All three are set for exponential growth, and QUBE will likely lead the way with some projections pointing toward as much as 100x growth.
*This article was paid for. Cryptonomist did not write the article or test the platform.
