The bull market is heating up. First, there was the meme season; now, the altcoin season is on the horizon. One of the most remarkable altcoins at the moment is Avalanche (AVAX), which is soaring and gaining an edge over Bitcoin (BTC) amid its unimpressive price action. Meanwhile, InQubeta (QUBE), a new AI altcoin in its ICO phase, has emerged as the top performer.
In this post, we will cover the significant growth in Avalanche and Bitcoin’s underwhelming performance. Further, the impressive ICO performance of InQubeta, following the raising of $7.9 million in its ongoing presale, will be covered. Well, let’s get started.
InQubeta (QUBE): Almost $8 Million Raised in Early Funding
Among the new ICOs, InQubeta (QUBE) stands out. After raising a staggering $7.9 million in its ongoing fundraising exercise, it has been hailed as the best ICO. What factors have contributed to this overwhelming presale participation?
As a convergence of AI and blockchain, it aims to solve one of the most pressing challenges in the AI sector, which is fundraising. It will become the pioneering crowdfunding platform for AI tech startups through cryptocurrency. How will it work, though?
By minting investment opportunities, represented as equity-based NFTs (non-fungible tokens), funds can be raised by startups. This means no more rigorous fundraising exercises or promising startups dying due to a lack of funding. Through tokenization of real-world AI investments, capital will be raised, which has been hailed as revolutionary.
The above has contributed to it becoming a top performer, with investors aiming to ride its bullish wave. In the sixth stage of its ICO, a token costs only $0.01925. If you wish to position yourself and HODL to the moon—tipped for a 50x rally—click the link below.
What is Avalanche (AVAX)?
Avalanche (AVAX) is one of the most popular cryptocurrencies on the market. It is a layer-1 blockchain that functions as a platform for dApps (decentralized applications) and custom blockchain networks. This includes a DEX (decentralized exchange), which sets it up as a key player in decentralized finance.
Thanks to the above, Avalanche has become one of the top altcoins on the market. Besides its critical role in the blockchain ecosystem, its price action has been one of the most remarkable in recent times. Therefore, it comes as little surprise that Avalanche has been able to edge over Bitcoin.
With further upside in the future—aiming for $50 next—Avalanche is among the best coins to invest in. Simply grab a bag of AVAX now and HODL.
Bitcoin (BTC): A Strong Rally Soon?
Bitcoin (BTC) is the most dominant and best cryptocurrency in the market. This is due to its pioneering status, which makes it a favorite among investors and institutions. Therefore, it is expected to be at the forefront of any market upswing.
However, at the moment, given the overly high expectations, Bitcoin has been largely underwhelming. It has been trading sideways, ranging between $41,000 and $45,000 of late. Will we see a Bitcoin breakout soon, though?
Expectedly, there is bullish optimism in Bitcoin. With its halving near and the approval of the first spot ETF imminent, BTC is expected to skyrocket in the coming months. Hence, it is positioned as one of the best cryptos to invest in.
Conclusion
Avalanche is fast becoming one of the altcoins to watch this month, edging out Bitcoin. Meanwhile, InQubeta has emerged as a top performer as investors flock to the ongoing presale to ride its bullish wave. According to analysts, its price will rally by 50x, positioning it as the best new crypto to invest in.
