Cryptocurrency analysts at Coinbase are predicting Bitcoin (BTC) and many other cryptocurrencies will enjoy tremendous growth in the second quarter of 2024. BTC’s price grew by 72% in Q1 and recently set a new all-time high (ATH) at 73,637 on March 13, after setting a new high the previous day.
The weekly report published by Coinbase’s experts pointed toward the stable performance of the newly launched Bitcoin spot exchange-traded fund (ETF) market, which has been averaging $200 million in inflows per day. They also noted that the US Federal Reserve not raising interest rates has helped to increase the popularity of high-risk investments like cryptocurrencies.
InQubeta (QUBE) is also expected to enjoy massive gains in 2024 as its presale raises over $11.7 million. The emerging crypto aims to develop a decentralized investment platform that gives users easy access to investments in the artificial intelligence (AI) space. QUBE’s price has grown by 250% since its ICO started.
Best coins to invest in: InQubeta (QUBE) is expected to surge by as much as 10,000%
InQubeta has the potential to be one of the best DeFi coins in the cryptocurrency space thanks to the easy AI investment opportunities it offers. It seeks to serve as an alternative to traditional investment channels that’s a lot more efficient and transparent. InQubeta’s investment space doesn’t come with the income and net worth requirements that disqualify most people from using its ecosystem.
The AI space has grown considerably in the last decade as products like humanoid robots that perform manual labor tasks and autonomous cars are released. Investments in the space have risen 1,000% since 2015 and more than $120 billion currently backs the technology. The AI party is still in its infancy and more than $1.5 trillion is expected to flow into the technology by 2030. This positions InQubeta for tremendous growth as a small fraction of these funds stream into it.
InQubeta plans to use its Ethereum-hosted blockchain to create an investment space where non-fungible tokens (NFTs) replace stocks. AI startups tokenized investment opportunities into these NFTs and fractionalized them to allow investors to buy smaller portions of the prospects they’re offering.
Investors can browse the different opportunities being offered on the NFT marketplace and use QUBE to acquire equity in any of the companies by buying fractions of their NFTs. The value of the tokens sold grows as their makers increase their market capitalizations just like stocks. Some tokens offer extra rewards like profit-sharing.
Investors can also choose to buy and hold QUBE to position themselves to earn exponential profits as InQubeta’s ecosystem grows. QUBE presently goes for $0.0245, but token prices could reach as high as a few dollars before the end of 2024. QUBE could be worth hundreds or thousands of dollars in the next decade. It’s one of the few cryptocurrency investments available today that offers the opportunity to build generational wealth, even with a small investment.
Coinbase experts predict strong Q2 for cryptocurrencies
Coinbase analysts predict the US apex bank will cut interest rates by 100 basis points, which would be the equivalent of reducing interest rates by 1%. Interest rates being lower are great for high-risk investments like cryptocurrencies since it encourages more investments.
Interest rates potentially being lowered and other factors like the next halving event of the Bitcoin blockchain due in April and the success of spot ETFs are expected to keep pushing prices upward in Q2.
Summary
BTC and QUBE are two of the best cryptocurrencies to invest in right now. BTC could surge as much as 300% in 2024 while QUBE prices are projected to enjoy as much as 10,000% growth.
