The rise of Ethereum (ETH) has been intriguing— but it is not entirely surprising. After all, it is the second most popular cryptocurrency after Bitcoin. A fascinating development in the ecosystem is the inflow of whales. They have helped maintain the price of Ethereum over $2,000 amid the ongoing tussle between the bears and bulls. In other developments, TRON (TRX) maintains strong support at $0.1, while InQubeta (QUBE) sees a surge in investor interest, raising over $5.5 million.
In this article, we will cover the bullish stories of Ethereum, TRON, and InQubeta, including what makes them altcoins to watch.
InQubeta (QUBE): The Rave of the Moment
At the heart of the current market frenzy is InQubeta (QUBE), which is experiencing a wave of new investors. A staggering $5.5 million has been raised by this ICO—a vote of confidence in its offering. Its fascinating blend of AI and blockchain technology has resulted in a surge in interest, with investors aiming to ride its bullish wave.
InQubeta will be more than just a cryptocurrency; it intends to solve a critical problem in the AI sector. It will become the first crowdfunding platform for AI startups, hoping to solve the fundraising challenge within the sector. Therefore, AI startups will source funds by minting investment opportunities as NFTs (non-fungible tokens). These NFTs will be equity-based, thereby allowing startups to raise funds in exchange for stakes in their business.
To be a part of this innovative project, tipped to revolutionize the AI industry, you can participate in the presale. It is currently in stage five, and a token costs just $0.0161. Meanwhile, according to experts, there will be a 50x increase in its price, positioning it as the best new crypto to invest in.
Ethereum (ETH): Whales Help Maintain Price Over $2,000
Ethereum (ETH) plays an advanced and critical role in the crypto landscape. It is critical to the cryptocurrency industry, positioning it as one of the best coins to invest in. Its contribution to the sector includes the execution of smart contracts, the building of decentralized applications, and the hosting of cryptocurrencies. The Ethereum ecosystem is, without a doubt, the most active and vibrant.
The above translates to why Ethereum is a good crypto to buy. It is currently trading above $2,000, a level we believe whales have helped maintain. It is worth noting that the price of ETH has fluctuated in the past couple of days, sometimes falling below $2k. However, it has been able to reclaim this level, which shows how critical it is.
If Ethereum is able to trade between $2,000 and $2,100 for the next couple of days, its price will likely skyrocket before the end of the year and early next year. The upcoming weeks promise to be exciting.
TRON (TRX): Maintaining $0.1 Support
TRON (TRX) is popular for its decentralized blockchain-based operating system. It is a big player in the crypto scene and a top ten cryptocurrency. The TRON software was built to create a decentralized internet and act as an Ethereum alternative.
It has been seeing growing adoption, evident in its price uptrend. The significant traction in its price has seen it surpass $0.1, a year high. With days left before the year wraps up, TRON will be aiming to maintain its $0.1 support.
Investor confidence has been restored with TRON’s present price movement. According to analysts, it will likely cross $0.5 in the first quarter of 2024, positioning TRX as one of the best cryptos to invest in.
Conclusion
Ethereum has been able to maintain $2,000 despite bearish pressure, which whales can be thanked for. TRON is also one of the tokens in the spotlight, firmly holding above $0.1 support. Meanwhile, InQubeta, a new ICO, is gaining traction amid strong investor interest, raising over $5.5M in presale.
