Mizuho Analyst: Bitcoin’s Rise is All FOMO, Starknet & Injective Rivals Emerge as Top Investors’ Picks

banner-image

🚀 Stay Ahead with AltcoinDaily.co! 🌐

Dan Dolev, an analyst at Mizuho Securities, isn’t surprised by the massive Bitcoin (BTC) price correction in the past week. Dolev recently stated that most of the growth BTC has enjoyed in the past six months is the result of the fear of missing out (FOMO) as investors looked to earn some profits because of the capital brought in by those investing in BTC ETFs and the potential of the halving sending prices up exponentially as has been the case with past halving events. 

Dolev believes BTC’s price could drop as low as $20,000 as enthusiasm for the most popular cryptocurrency ever developed dwindles. He warns investors against buying BTC right now as he doesn’t see any actual use for it. 

Dolev isn’t the biggest fan of cryptocurrencies, but he might change his tune if he went over InQubeta’s (QUBE) whitepaper. The emerging crypto provides lots of real utility and seeks to create a mutually beneficial ecosystem for artificial intelligence (AI) startups and investors. 

  🌟 Unlock Crypto Insights with AltcoinDaily.co! 💰

QUBE is projected to dominate the AI-crypto space in 2024 and outperform projects like Injective (INJ). INJ has enjoyed 180% growth in the past year despite its price declining by 42% in the last month. 

InQubeta (QUBE) dubbed the best altcoin to build generational wealth

InQubeta has passed another milestone as its presale concludes after raising over $13.6 million in token sales. This significant achievement highlights the massive growth potential of the crowdfunding crypto project. QUBE has now launched on Uniswap (UNI) and MEXC, and it is expected to enjoy a 10,000% price surge in the coming months. 

InQubeta’s mission is to launch a marketplace that redefines how AI startups and investors interact with one another. It now moves on to the next stage of its development, which includes vetting AI startups that will use the ecosystem and airdropping tokens to early investors. 

 🦂 AltcoinDaily.co is your trusted source for the latest in crypto news and insights. 🚀

The marketplace InQubeta plans to create will enable startups to digitize investment opportunities into non-fungible tokens (NFTs). Anyone can finance startups they believe in on the ecosystem by using QUBE to buy up these tokens, earning them equity and other rewards. 

QUBE’s price is expected to grow exponentially in 2024 due to factors like its 1.5 billion supply and the $1.5 trillion expected to stream into AI-focused companies like InQubeta. QUBE sold for $0.028 during the last stage of its initial coin offering, but its price is expected to break the $2 mark before the year ends. Some analysts have gone as far as to compare QUBE’s growth potential to where BTC was a decade ago. 

Visit InQubeta Website

Bitcoin (BTC) spiraling out of control

Bitcoin investors remain extremely bearish heading into its April 19 halving despite a clear historic record of these built-in upgrades in the Bitcoin protocol leading to tremendous price growth. However, Bitcoin trading volume continues to grow, which might be a sign that some investors who cashed out at higher prices are looking to buy up tokens at much lower prices. 

Injective’s (INJ) struggle offers investors an opportunity to enjoy considerable profits

INJ’s price has dropped by 42% in the past month, but it remains one of the best cryptos to invest in, given the growth it enjoyed in 2023. INJ is expected to enjoy 1,000% growth in 2024, so tokens are incredibly cheap right now. 

Starknet (STRK) continues to underperform

Starknet hasn’t enjoyed much growth in the past year, and its price has declined considerably in the past week, losing over 32% of its value. Now’s the time for STRK investors to consider more profitable options like QUBE. 

Summary

QUBE is one of the top cryptos to invest in as the solution it offers investors seeking more accessible AI investments positions it for massive long-term growth. INJ is another AI-focused altcoin to consider investing in at the moment. 

BTC will likely enjoy more growth, but prices are so high that the maximum growth it will probably see from this point forward is a 2x price increase.

Visit InQubeta Website

 🔍 Your Crypto News Hub: AltcoinDaily.co! 🌐

Asset management firm Bitwise has pledged a total of 10% of..

With no central authority formally supervising their use as a payment..

Coinbase Exchange has been upgraded from "Buy" by Citi analysts as..

ads-image ads-image