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The Solana (SOL) project is looking to make its blockchain’s history more accessible to users and developers by integrating with Filecoin (FIL). Solana enjoyed 311% growth in 2023, making it one of the top DeFi projects in the cryptocurrency space. It’s currently the Ethereum (ETH) network’s top competitor, and it’s now the fifth most popular cryptocurrency around.
The partnership between Solana and Filecoin marks a major shift away from centralized storage solutions as more companies opt for decentralized storage solutions. The move is expected to address most of the Solana blockchain’s accessibility issues while improving the ecosystem’s scalability and security.
InQubeta (QUBE) intends to be a major player in the decentralized finance space by providing more accessible artificial intelligence (AI) investment opportunities. QUBE prices have surged 220% since its presale started and prices are projected to grow as much as 10,000%.
Monero (XRM) was one of the few altcoins that didn’t enjoy substantial growth in 2023, but bull patterns are forming on price charts as prices grow by over 8% in the past few days. Monero is one of the true cryptocurrencies that provide anonymous transactions, but a few major centralized exchanges delisted it in 2023 due to regulatory pressure from governing bodies.Â
InQubeta (QUBE) emerges as the top ongoing ICO after raising over $10 million
InQubeta is expected to enjoy exponential growth once QUBE is unleashed on exchanges given the project’s impressive growth potential. Some analysts have compared it to Bitcoin during its early days, and it’s one of the most likely emerging cryptos that could generate generational wealth in the next decade.
Let’s start with the tokenomics managing QUBE’s growth potential. Supply is limited to $1.5 billion which is on the smaller side, and burn taxes reduce the circulating supply even more. These protocols help to increase demand for QUBE. The small token supply means InQubeta only needs to match the market capitalization of dog coins like Shiba Inu (SHIB), currently at $4.5 billion, for its tokens to be priced at about $3. Matching the market cap of projects like Cardano (ADA) would have tokens priced at about $14, a long way from its current $0.0224 price.
This means a $1,000 bet on InQubeta today could be worth over $620,000 in the next several years and a lot more as the project grows.
How InQubeta’s DeFi space works
AI startups get funding for their projects on InQubeta’s ecosystem by making and selling non-fungible tokens that are digital symbols of investment opportunities. Investors acquire equity and other rewards in these firms by buying their NFTs on InQubeta’s marketplace. They can resell their tokens for QUBE any time they choose to do so.
Investments in AI are growing fast and over $1.5 trillion is projected to flow into the space in the next several years. InQubeta is positioned to play a major role in helping to connect investors with AI startups.
Solana (SOL) is poised for growth as data accessibility challenges are addressed
Solana’s blockchain processes a large volume of transactions daily and its blockchain has grown considerably in the past few years as its user base expands.
Solana’s blockchain history is estimated to be approximately 220 Terabytes so taking that load off it would improve its efficiency and scalability. The move will allow for a wider range of applications to be built and launched on the Solana network.
Is Monero (XMR) finally ready to rebound?
Monero’s blockchain encrypting the addresses of senders and recipients has been one of its primary selling points, but that has also made the project a target of regulatory bodies like the US Securities and Exchange Commission (SEC).
However, it turns out that Monero’s blockchain isn’t that anonymous after Finnish authorities were able to trace transactions to capture a hacker. Ironically, while that might change its status as a true cryptocurrency, it might help to get it back on major exchanges.
Summary
Buying up QUBE, FIL, and SOL are good crypto investments to make right now since all three projects are expected to grow exponentially. QUBE has the most growth potential thanks to the investment opportunities it provides to those who don’t have access to traditional investing channels.
*This article was paid for. Cryptonomist did not write the article or test the platform.
