Developers Worry About Bitcoin Core Ordinals; Positive Signs for Cardano, InQubeta
In Brief
InQubeta investors who bought in during its presale’s beta stage have earned 175% profits, while Cardano has fetched investors 86% returns this year.
Bitcoin (BTC) core Ordinals have been in the news a lot lately as debates about their value spring up all over the cryptocurrency space. One of Bitcoin’s core developers, Luke Dashjr, calls Ordinals a bug that weakens the blockchain, while others consider it an evolution in the right direction. Dashjr recently claimed inscriptions were being used to spam the blockchain, driving transaction fees up.
While the Bitcoin community discusses the future of Ordinals, InQubeta (QUBE) and Cardano (ADA) have emerged as two of the best coins to invest in. InQubeta investors who bought in during its presale’s beta stage have earned 175% profits, while Cardano has fetched investors 86% returns this year.
InQubeta looks to provide a more accessible medium to invest in artificial intelligence (AI). It will serve as an alternative to traditional investment channels and their often stringent requirements.
Best coins to invest in: InQubeta (QUBE) exceeding expectations
The InQubeta presale has gained lots of momentum lately and has sold over $6.7 million in tokens so far. That puts the project on course to reach the $10 million milestone by the time the event ends. Investors who buy QUBE now stand to earn 60% profit before tokens are released on exchanges.
InQubeta’s focus on artificial intelligence exclusively positions it to be one of the best DeFi projects in the cryptocurrency sphere. The AI industry is booming right now and investments have risen exponentially for several years. More than $120 billion is presently invested in the tech, and that figure should exceed $1.5 trillion by 2030.
A fraction of these funds will pour into InQubeta as the first crypto to focus on creating opportunities to invest in AI, which should push the price of QUBE up exponentially.
Investing in AI today sets investors up for considerable returns in the future while protecting them against the uncertainty and disruption the artificial intelligence revolution will bring.
A new way to access AI investments
Investors don’t have to worry about income requirements when they use InQubeta’s ecosystem to invest in artificial intelligence. The process starts with startups creating non-fungible tokens that work like stocks. These ERC20 coins increase in value as their makers grow their market shares, and some give investors extra perks like profit-sharing. Tokens are transferred to the NFT marketplace where investors can learn more about them.
InQubeta’s ecosystem provides investors with all the information they need to make informed decisions, and transactions are done with QUBE. Investors can hold their ERC20 coins long-term or resell them for profits whenever they choose.
Bitcoin Ordinals causes controversy
Bitcoin core developer Luke Dashjr is trying to remove Ordinals from the Bitcoin code to eliminate spam from the blockchain, but not everyone in the Bitcoin community agrees with him.
Bitcoin’s blockchain has allowed users to set limits on the volume of extra data in transactions, but inscriptions can bypass this limit. This allows miners to spam the blockchain, driving up the price of transactions. BTC transaction fees have surged exponentially as prices break the $44,000 resistance level, and Dashjr’s recommendation might be what the network needs to keep fees reasonable.
Cardano (ADA) goes on an impressive bull run
The Cardano project has struggled more than other top altcoins since the 2022 crash, with its prices barely rising above $0.30. Things have been different in the past couple of months as prices surged by over 51%. Some analysts believe this current bull run might be strong enough to bring prices close to where they were in 2021.
Summary
QUBE, ADA, and BTC are top coins to invest in right now, as all three have recorded positive gains in 2023. InQubeta will likely enjoy the most growth, given how undervalued its tokens are and the tremendous influx of capital being directed into AI-focused companies and cryptos.
Disclaimer
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
