Exciting is an understatement, given the events that happened this week in the crypto space. In a remarkable turn of events, Bitcoin’s (BTC) transaction fees surpassed Ethereum’s (ETH). This surge was fueled by increased activity on the network, with the BTC price soaring ahead of the anticipated SEC approval of Bitcoin ETFs. Meanwhile, InQubeta (QUBE), a top ICO, took off in style, with a staggering $8 million raised so far in its early funding.
This post will explore the uptick in Bitcoin’s transaction fees—surging past Ethereum gas fees. In addition, it will cover the exceptional performance of InQubeta in its presale phase, explaining what makes it the best new crypto to invest in.
InQubeta (QUBE): Passing $8 Million Fundraising Milestone
The InQubeta (QUBE) presale took off, and it did so in style. Building on its momentum last year, this top ICO has raised an astounding $8 million in early funding. With further upsides in the coming weeks and explosive growth after launch, it is positioned as one of the best cryptos to invest in.
As a fascinating blend of artificial intelligence (AI) and crypto, it stands out as one of the most bullish narratives in the crypto space right now. What will be its unique offerings after launch, you might wonder? This intriguing convergence of AI and blockchain aims to solve the fundraising challenge in the fast-growing AI sector. By simply minting investment opportunities as equity-based NFTs, tech startups can raise capital.
That won’t be all. The ecosystem will feature an NFT marketplace. Here, investors can browse and choose promising AI startups and become early backers. The coolest part? There will be no limit on investment, with democratized access promised.
At the time of this writing, this presale is in its sixth round, and a token costs only $0.01925. According to top experts, there will be a 55x increase in its price in the first six months after launch. Hence, it is positioned as one of the best coins to invest in. If you wish to become an early holder, simply click the link below to grab a bag and HODL to the moon.
Bitcoin (BTC): What Factors are Fueling the Surge in Transaction Fees?
Bitcoin (BTC) is, without a doubt, the best cryptocurrency. If you are still wondering why – it is highly favored among institutions as well as many investors. This is due to its exceptional value as a hedge against inflation and other macroeconomic factors. Following closely behind is Ethereum (ETH), another blue-chip token.
In exciting crypto news that has taken the landscape by storm, Bitcoin’s transaction fees recently eclipsed Ethereum’s. Typically, Ethereum is known for its high gas fees; thus, this phenomenon has resulted in raised eyebrows. What factors can be linked to this development, then?
The rise in activity on the Bitcoin network is the primary cause of its transaction fees soaring. This further begs the question: Why is there a spike in activity? With Bitcoin set to skyrocket due to the anticipated approval of spot ETFs by the SEC, there has been renewed bullish momentum. Many are aiming to ride its bullish wave; hence, an accumulation frenzy and HODLing.
Conclusion
An interesting development that has been creating quite a buzz is Bitcoin’s transaction fees eclipsing Ethereum’s. With excitement surrounding the anticipated surge in the price of Bitcoin, there has been a frenzy. At the same time, InQubeta—hailed as the best ICO—is aiming for a 55x surge after its launch.
