Bitcoin (BTC) Indicator Hits $45k Hurdle; Monero (XMR) and InQubeta (QUBE) Ready for Upward Trajectories

1 year ago 1
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Bitcoin spiked above $45,000 at the start of the year for the first time since April 2022, continuing a scorching recent run by the world’s largest cryptocurrency. Bitcoin hit an intraday high of $45,519.52 at around 10.30 p.m. EST on Monday, marking a 21-month peak, having gained 156% in 2023, which is pretty impressive in hindsight. However, it soon dropped back down again to the $43K range, poised for another surge.

Similarly, XMR and InQubeta are on their own respective runs. Why? Because both are projects with real communities behind them that are excited about their utility-filled projects. Let’s look closer.

Growth of BTC and XMR – Is there room for more?

When we look at Bitcoin, we have to understand that we’re currently in a perfect storm for price pumps. Not only are we looking at billions in liquidity entering the market through multiple large ETFs, but we’re also in a BTC halving year which is traditionally a very bullish period for BTC due to the inherent supply cuts.

So, in short, there may be a long time before we see a bearish BTC again.

When it comes to Monero, it’s one of the few coins that provide complete anonymity for both senders and receivers. It’s a great tool for transactions that need to stay under wraps. With Bitcoin on the rise, Monero is also gearing up for an upward trend and is expected to provide fruitful gains in 2024, as investors will surely value privacy more and more as the market continues to grow.

AI Startups Inspired By InQubeta

QUBE tokens also serve as governance tokens, giving holders a say in platform decisions, making it one of the best altcoins to invest in if you seek a say in the platform’s future.

The QUBE token features a structured tax system, where transaction taxes contribute to rewards for stakers, liquidity, marketing, and burning tokens. This tax structure benefits both token holders and the broader InQubeta community.

QUBE, a deflationary ERC20 token, serves as the primary medium of exchange on the platform. Holding QUBE tokens comes with significant benefits. A portion of transaction fees, both for buying and selling QUBE tokens, is allocated to a burn wallet, reducing the total supply over time, making it one of the best coins to invest in. Additionally, QUBE tokens are used for staking, allowing holders to earn rewards. 

InQubeta has ambitious plans for expansion, intending to integrate with multiple blockchain platforms, enhancing its investment ecosystem’s diversity and accessibility.

Investors on InQubeta can purchase fractions of AI startup assets, eliminating the need to buy entire shares. This fractionalization makes AI startup investments more accessible to a broader audience, making it one of the best crypto to invest in now.

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Conclusion

The crypto world is reshaping the world and is expected to change the future for the better. With the BlackRock Bitcoin ETF talk, Bitcoin briefly surpassing the 45K mark, XMR gaining attention, and InQubeta giving positive indicators, it is clear that the crypto space is evolving.

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