Shiba Inu prediction for 2024 as InQubeta and Ethereum register quick gains

10 months ago 5
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With 2024 just weeks away, it’s time to reflect on the past year and how your crypto portfolio has performed. Experts are in consensus about the strong market sentiment, which can pave the way for new gains in the future. 

Their top bets include the popular meme coin Shiba Inu (SHIB), which has been in the news because of its upcoming Layer 2 blockchain.

Analysts are also praising the recent gains made by Ethereum (ETH) and InQubeta (QUBE). InQubeta’s rise among the top crypto coins has earned it global fame. The platform helps startups find backers for their artificial intelligence-based projects. 

It has revolutionized the startup ecosystem by creating a customized DeFi solution for budding enterprises and empowering them. Currently in its sixth presale stage, its ICO gains already stand at around $6.9 million.

InQubeta: A DeFi solution to empower startups

InQubeta is a consumer-centric platform that caters to AI startups’ funding requirements. These upcoming companies often work with limited resources and scaling is not feasible due to fund crunch. InQubeta helps them solve this problem with a transparent investment mechanism. 

The investors who back these AI-driven opportunities get to be a part of future-ready projects and secure their features. The platform’s native cryptocurrency is used for settling payments and giving out rewards. 

Another use of the QUBE token is to support blockchain development through staking. As part of staking, QUBE tokens are locked in the liquidity pool and their owners are paid crypto rewards.

QUBE is a good crypto to buy if you want to earn passive income from an asset without losing its ownership. The longer a token is staked, the more financially rewarding it will be for the token holder. These rewards are given from a pool that’s maintained by tax proceeds.

InQubeta is governed by a decentralized structure where the onus of making decisions is on the community. Crucial changes to the protocol, product launches, and token generation are among the decisions that the community makes through a voting process.

QUBE token holders can debate a proposed change to understand its merits and then vote for it. A proposal is implemented if all community members vote in favor of it.

Shiba Inu bags Coincheck listing

Shiba Inu has been a success story that crypto analysts often like to tell while reminding the world about DeFi’s potential. Acknowledged as one of the oldest and most profitable meme coins, Shiba Inu has aced the art of monetizing viral content. It’s inspired by a Japanese canine breed and has been patronized by celebrities like Elon Musk. 

Its native token is SHIB, but it has two other tokens, BONE and LEASH. BONE powers Shiba Inu’s governance structure and is also the foundation for Shibarium – the meme coin’s Layer 2 network.

 LEASH has been designed to reward Shiba Inu supporters. The team spoils LEASH holders with perks like early access to events and exclusive privileges.

The meme coin recently hit the headlines after Japanese crypto exchange Coincheck announced that it would be integrating Shiba Inu into its network. Coincheck said apart from listing the meme coin, it would also be integrating SHIB as a payment option for its NFT marketplace.

JP Morgan bullish on Ethereum 

Ethereum is among the best crypto investments on the market because of its adaptability. It’s a cutting-edge technology that today powers blockchains, optimistic rollups, cryptocurrencies, and NFTs, among others. Its native token is ETH. 

The blockchain was initially designed to work with the proof-of-work protocol, but it switched to proof-of-stake consensus later. The move enabled it to cut down its energy consumption and be a more sustainable network.

Ethereum has been riding high after JP Morgan said that Ethereum could gain market share in 2024 and outperform leading tokens. 

The international investment bank based its outlook on the upgrade for Ethereum slated for next year. Ethereum is supposedly working on the EIP-4844 ‘Proto-Danksharding’ upgrade, which will aim to boost its throughput and lower transaction costs.

Conclusion

If you are looking for the best altcoins to buy now, InQubeta, Shiba Inu, and Ethereum can help you narrow down your choices. The three tokens have been widely revered for their use of blockchain technology and offer crypto users a wide range of benefits.

With top-notch features like robust security, decentralized governance, and proof-of-stake consensus, Ethereum, Shiba Inu, and InQuebta are leading more crypto users toward financial independence. 

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