Solana (SOL) was one of the best DeFi projects in the cryptocurrency space with over half of all decentralized finance transactions performed on its blockchain. Even dog coins launched in its ecosystem like Dogwifhat (WIF) have enjoyed considerable growth.
Numbers published by CoinGecko showed that Ethereum now trails behind Solana, with only 12% of global transactions, while BNB was next at 5%.
The Ethereum network has had many competitors emerge over the years, but Solana is the first to seriously threaten its long-time position as the second most popular cryptocurrency network.
However, one of the new DeFi projects developed on the Ethereum network, InQubeta (QUBE) might help to turn things around. Its presale has already flown past the initial $10 million goal, and over $12.5 million in token sales has now been generated.
InQubeta (QUBE) emerges as the best altcoin to buy now with a 2,950% growth potential in 2024
InQubeta’s mission is to make investments in artificial intelligence (AI) firms more accessible than they’ve ever been by introducing a decentralized finance crowdfunding space. It solves the issue of investors not having access to investment opportunities by providing an alternative anyone can use to invest in AI startups.
Artificial intelligence is one of the fastest-growing tech sectors and it has started transforming how some industries run as automation becomes more efficient. Investing in AI today is a lot like backing online retailers like Amazon when the internet revolution started.
Investments in AI are at an all-time high, and more than $1.5 trillion will enter the industry in the next several years. This sets InQubeta up for substantial long-term growth as investors and AI startups flock to its mutually beneficial ecosystem.
AI startups will secure the capital they seek on InQubeta’s NFT marketplace by tokenizing investments they have to offer with non-fungible tokens. These coins are sold to investors for QUBE, giving them equity and other bonuses like profit-sharing. There’s lots of liquidity on the platform as investors can resell any tokens they purchase to other users.
InQubeta investors can also earn exponential profits by simply buying and holding on to QUBE. Users have the option to stake their tokens, which earns them more QUBE as a reward for their role in helping to manage the network. Anyone with QUBE also gets to be part of its democratic governance model.
QUBE now sells for $0.028, and its price is projected to grow by 2,950% in 2024. This means a $100 purchase of QUBE today could be worth over $2,950 by the end of the year.
Solana (SOL) emerges as a major threat to the Ethereum network
Neeraj Khandelwal, the co-founder of CoinDCX recently discussed the tremendous growth Solana has enjoyed in the past year, with its price growing by over 800%. Some of the reasons for its rapid development include a wider range of programming languages, enhanced content quality, and improved developer experience.
The Solana project now has over 2,500 developers actively adding to its open-source repositories.
Investor activity on the Solana network has also grown substantially because of the bull cycle expected to dominate the cryptocurrency space in 2024 thanks to Bitcoin’s (BTC) April halving event and the inflows brought about by exchange-traded funds. Decentralized exchanges on Solana have enjoyed the largest increases in trading volume.
Solana’s upward trajectory is expected to continue for the rest of the year, and some analysts have prices reaching $250 before it ends. There’s a good chance it beats that mark.
Summary
QUBE and SOL are two of the top DeFi projects to buy today as both will likely bring you exponential returns. As impressive as SOL’s growth has been, it won’t come anywhere near QUBE’s 2,950% growth projections.
