Digital Assets Receive $43M Inflows in a Week; Celestia (TIA) & InQubeta (QUBE) Attract Fresh Capital
In Brief
InQubeta (QUBE) has enjoyed a substantial inflow of capital as its presale has raised over $6.8 million in token sales.
Capital continues to pour into the cryptocurrency sphere for the 11th consecutive week as a total of $43 million was poured into the space last week. The inflow of capital has led to many top crypto coins enjoying substantial price growth. Bitcoin continues to enjoy the lion’s share of the inflows, bringing in over $20 million as prices hover around the $42,000 mark.
InQubeta (QUBE) has also enjoyed a substantial inflow of capital as its presale has raised over $6.8 million in token sales. Investing in the project has earned early backers 175% gains so far and newcomers position themselves to enjoy 60% gains before tokens launch on exchanges.
Celestia (TIA) is another top crypto coin that has earned its investors substantial gains. Prices have grown by over 136% in the past month and 470% for the year.
Top crypto coins to buy now: InQubeta (QUBE) soaring toward the $10 million milestone
Many companies and cryptocurrencies that focus on artificial intelligence (AI) have enjoyed considerable growth in 2023 and InQubeta’s presale hasn’t been any different. The project uses an Ethereum-deployed blockchain to create an investment ecosystem that focuses on AI. It provides a solution for investors who want to be part of the AI revolution but don’t have access to traditional investment avenues due to income or geographic restrictions.
The project aims to democratize AI investments by providing an ecosystem that makes fundraising easier for startups while giving investors easier access to investment opportunities.
The artificial intelligence industry has enjoyed exponential growth recently as major improvements were made. As a result, the industry has enjoyed a 12x increase in investment capital for the last several years. More than $120 billion is presently directed into the AI industry and projections have that figure reaching $1.5 trillion by 2030.
Investing in AI positions investors to earn exponential profits and InQubeta plans to open up access to these opportunities to all who wish to participate.
A unique investment model
AI startups that are approved to fundraise on the ecosystem make ERC20 coins with investing opportunities stamped into them. These tokens cannot be duplicated or imitated, and they appreciate as the market share of their makers increases just like stocks. Some also provide bonuses like discounts on items developed.
NFTs are showcased on the ERC20 token list on the NFT marketplace. Here, investors learn more about the different tokens and the rewards they offer. Purchases are made with QUBE and tokens can be resold at any time.
Celestia (TIA) earns impressive 470% gains in 2023
Celestia hosts a modular blockchain that allows users to deploy blockchains with low overheads. The project runs on a minimal blockchain that doesn’t impose settlement constraints or require developers to define their own settlements, unlocking new possibilities for developers and builders.
Modular blockchains like Celestia’s are viewed as the next generation of blockchains as they don’t face the scaling challenges older monolithic blockchains deal with. Modular blockchains separate consensus from the procession of transactions, providing more scalability.
Users and developers continue to flock to Celestia’s ecosystem, resulting in gains of over 470% in 2023. It will likely enjoy similar growth in 2024, making it one of the best altcoins to invest in.
Inflows into the cryptocurrency space slow down
The cryptocurrency space has enjoyed positive inflows for the 11th straight week, but last week’s $43 million was smaller than the previous week. Some view this as a sign prices will decline slightly before going on another run before the year ends.
Summary
QUBE and TIA are two top crypto coins to consider investing in as both will likely see substantial price increases in 2024. QUBE will likely enjoy more growth given the massive rise in investment capital poured into A-focused companies. Some projections have prices rising by 100x in 2024.
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.
More articlesGregory, 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.