As the crypto market maintains its characteristic volatility, there have been contrasting speculations regarding Bitcoin’s ($BTC) price movement. According to a prominent trader, instead of a significant Bitcoin surge, he sees a key resistance level at the $28,000 mark. Meanwhile, according to the latest market insights, Neo ($NEO) and InQubeta are experiencing soaring momentum.
This article will explore Bitcoin’s potential resistance level at $28,000. Further, it will delve into the upward traction of Neo and InQubeta, including why they are altcoins to watch.
InQubeta ($QUBE): The Rising Star at the Intersection of AI and Blockchain
InQubeta ($QUBE) is a breath of fresh air in the crypto scene, standing at the fascinating intersection of blockchain and AI. That isn’t all; it seeks to disrupt the AI industry, particularly its fundraising landscape. In addition, it aims to democratize access to the burgeoning AI market by leveraging NFT technology and a fractional investment model.
Considering its innovative concept and disruptive tendency, there has been overwhelming participation in its ongoing presale. At the time of this writing, more than $3.6 million has been raised. This represents increasing momentum and a vote of confidence in its value proposition. With its adoption imminent, it is tipped as the best new crypto to invest in.
As mentioned above, this innovative project intends to reshape the fundraising scene of the AI industry. It will become the first crowdfunding platform for AI startups allowing them to raise funds through crypto. To raise funds, startups simply have to mint investment opportunities, which will be tokenized as NFTs. Further, these investment-backed NFTs will be fractionalized into bits, which will democratize access to the AI market and allow investors to own stakes in promising AI ventures.
With this project poised for adoption, becoming an early adopter comes with bullish promises. The presale is currently in its fourth stage at a token price of $0.0133. According to analysts’ forecasts, it will skyrocket by 25x in 2023, making it the best crypto to invest in now.
Neo ($NEO): Upward Trajectory
Neo ($NEO) is a blockchain platform created to develop a scalable network of decentralized applications (dApps). Its vision revolves around establishing a smart economy by utilizing blockchain technology and smart contracts. Dubbed “China’s Ethereum,” Neo has become an integral member of the crypto landscape, ranking among the top 100 cryptos by market cap. Therefore, it represents a top crypto to invest in.
Lately, Neo has shown remarkable performance amidst market fluctuations. The upward traction in Neo can be linked to its expanding ecosystem and increasing adoption. Further, the shift in investor sentiment can also be attributed to this rise in traction, positioning Neo as a good crypto to buy.
Conclusion
With Bitcoin hovering below $28,000, a top trader forecasts strong resistance at this level. Conversely, Neo and InQubeta continue their upward trajectory. The former, a scalable network of dApps, is seeing increasing adoption. On the other hand, InQubeta, currently in its presale phase, is experiencing an influx of investors. This contributes to its surge and cements its status as one of the best cryptos to invest in.
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