3 Reasons Behind Bitcoin’s Surge Over $52,000; Bullish Outlook for Injective & Monero Rival

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Bitcoin (BTC) prices have now broken the $52,000 resistance level for the first time in almost two years. People investing in BTC ETFs are one of the factors driving Bitcoin prices up, and the Federal Reserve not raising interest rates since the mid-point of 2023 has been another reason prices have enjoyed steady growth for the past five months. The upcoming halving event is expected to help propel prices to historic highs in 2024 with some analysts predicting as much as $160,000 per Bitcoin. 

Bitcoin should certainly be one of the options you consider if you’re looking to figure out which crypto to buy, but there’s a better option that can get you higher returns. InQubeta (QUBE) is expected to enjoy more growth than most cryptocurrencies this year and some analysts have even compared its price movement to where Bitcoin was a decade ago. 

Injective (INJ) could also end up outperforming Bitcoin in 2024, as it has in the past 12 months – delivering 7,700% returns, compared to BTC’s 111%. It’s one of the best DeFi cryptos ever launched, providing users with various financial services from lending protocols to spot exchanges. 

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Monero (XMR) has lost 24% of its value in the last year, but a bottom appears to have been found as prices have surged a percentage in the past week. Some analysts are calling this a nice entry point for those who want to invest in the platform. 

Popular NFT crypto InQubeta (QUBE) raises $9.7 million in token sales

The InQubeta presale is currently in its seventh of ten stages and it has exceeded all expectations so far as it prepares to pass the $10 million milestone. Investing in QUBE, the project’s native coin and governance token, has been extremely profitable so far bringing 220% returns. Early investors will be up 400% by the time tokens are launched on exchanges. 

InQubeta hosts a decentralized finance space that seeks to make artificial intelligence investments more accessible than ever before. It intends to serve as an alternative to traditional investment firms and their arbitrary requirements that leave many people unable to use their services. 

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InQubeta is on the Ethereum (ETH) network, giving it its parent network security and functionality. This allows its developers to create an efficient investment process that involves using ERC20 coins as proof of investment opportunities. 

Here’s how InQubeta’s investment space works:

• AI startups that qualify acquire access to InQubeta’s NFT marketplace. They get to make non-fungible tokens that symbolize reward or equity-based opportunities
• These investment opportunities are broken into smaller units that are more affordable for everyday investors
• Investors acquire equity in emerging AI startups by simply buying their NFTs with QUBE
• They can keep these tokens for as long as they wish or resell them on the marketplace. The worth of these tokens can be viewed in each investor’s user account

What’s responsible for Bitcoin’s (BTC) recent price surge?

Bitcoin (BTC) prices continue to grow at a fast pace and all-time highs set at $67,000 will likely be reclaimed in the coming weeks. Some of the main driving forces for the bullish momentum are interest rates being steady, exchange-traded funds that fulfill the US Securities and Exchange Commission’s (SEC) ETF acceptance criteria being approved, and the halving event due in April. 

Injective (INJ) is set for exponential growth, while Monero remains a questionable investment

Injective provides one of the most versatile decentralized finance spaces in the cryptocurrency space and prices have grown 10% in the past week. It delivered over 7,700% returns in 2023 and it might end up growing more this year. 

Monero remains a risky investment given how volatile its prices have been in the past year, so it’s probably best to stay away. 

Summary

QUBE, BTC, and INJ are some of the best crypto investments you can make right now to earn exponential returns. While BTC is getting the most hype right now, QUBE will likely see the most growth, while INJ tries to keep up. 

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