Despite the latest market downturn—fueled by tension in the Middle East—there are reasons to be excited. Earlier this week, the Hong Kong Securities and Futures Commission (SFC) approved a series of spot Bitcoin (BTC) ETFs, along with Ethereum (ETH) ETFs. This marks a critical point for crypto adoption and, more importantly, signals growing acceptance and legitimization.
As the market rebounds, dogwifhat (WIF), one of the best meme coins, has been picking up steam. It is expected to reclaim lost support in the coming days—a wave you can ride to its fullest by adding to your WIF holdings.
Meanwhile, in a more exciting development, the InQubeta (QUBE) presale—one of the most sought-after tokens—has finally come to an end. A staggering $13.6 million was raised over ten presale stages and is already listed on Uniswap. If you got in early, a hearty congratulations—WAGMI.
InQubeta (QUBE): Another Exciting Phase Begins
The InQubeta (QUBE) presale has finally come to an end and early investors couldn’t be more excited. The massive presale turnout is courtesy of its bullish narrative as an AI coin and investors’ confidence in its potential.
It is now trading on Uniswap and MEXC. In line with the vesting schedule, the QUBE token airdrop will begin on May 14th—a safe distribution method without the hassle of gas fees. Investors are advised to ensure their wallet is ERC20-compliant ahead of the airdrop and not an exchange wallet address.
Its innovative solution and significant upside potential are two key drivers that fueled the huge presale turnout. Taking a unique course, it intends to reshape the fundraising landscape of the AI sector by building the world’s first crypto-based crowdfunding platform for AI tech startups. At the same time, experts are bullish, predicting a 50x jump after its market debut, which is just around the corner.
Bitcoin (BTC): Hong Kong SFC Approves ETFs
While investors are still grappling with the latest Bitcoin (BTC) dip—a fall to $61,000 from a weekly high of $71,000—there are reasons to be excited. The Hong Kong Securities and Futures Commission (SFC) earlier this week approved a series of spot BTC and ETH ETFs.
This move is on the back of the region’s ongoing effort to establish itself as a crypto hub. For crypto, it marks a critical point for adoption, signaling the growing adoption, acceptance and legitimization of cryptocurrency as an asset class.
Another reason to be excited amid the market bloodbath is the upcoming Bitcoin halving. This event will likely usher in fresh liquidity and bolster investor confidence, making BTC one of the best coins to invest in—perhaps the best cryptocurrency to invest in.
dogwifhat (WIF): Gaining Traction
dogwifhat (WIF) is without a doubt one of the top altcoins on the market. If you are a meme enthusiast, it is the third-leading memecoin, trailing behind the two meme OGs: Dogecoin (DOGE) and Shiba Inu (SHIB).
Following the market’s bloodbath over the weekend, it got the short end of the stick as it was hit the hardest. dogwifhat plummeted, sparking concerns within its fast-growing community. However, it has been picking up steam this week, with a comeback on the horizon.
As the bulls regain momentum, the Solana-based memecoin has been hailed as one of the best cryptos to invest in. Besides the discount from buying the dip, riding dogwifhat’s next run will position investors for more gains. Hence, if you seek a good crypto to buy, WIF is a compelling option to consider—perhaps more than Wormhole and Starknet.
Conclusion
While Hong Kong sets the stage for crypto expansion by giving the green light to spot Bitcoin and Ethereum ETFs, dogwifhat is gathering momentum. Meanwhile, InQubeta, an emerging crypto, is preparing to shake up the crypto market as it goes live on Uniswap.
