Litecoin (LTC) emerged as one of the top crypto coins recently after it witnessed positive price action. Market experts attribute the bullish turn of events to a hike in whale activity. As investment interest pours into crypto projects, it has been clocking regular gains.
Its dominance in the market is challenged only by the rise of another altcoin – InQubeta (QUBE). The AI-led token is powered by Ethereum and it helps startups find investors and mentors for their projects.
With a headline-grabbing performance, InQubeta is giving many altcoins like The Render Network (RNDR) a run for their money.
InQubeta: Helping AI startups grow into successful brands
InQubeta bridges the gap between DeFi and AI innovation by helping startups create robust businesses. The platform is built on Ethereum and ensures that innovators get the guidance and resources needed for scaling AI projects.
It connects them with crypto users through a transparent investment model. Offering users options like fractional investment, it ensures that AI projects can raise funds in minimal time.
With InQubeta, startups draw investments for their projects through an NFT marketplace. The NFTs are minted from their investment proposals and have all the information about a project. They can be bought with InQubeta’s native cryptocurrency, the QUBE token.
It is among the recommended presales of the year due to its ICO success. At present, its presale funding stands at $10.9 million.
As the presale stage draws to a close, experts suggest that the figure is quite likely to go up in the coming days.
The QUBE is among the best altcoins to buy now as it can help its holders sail smoothly even if markets are tanking. The token has a deflationary nature, which means its supply is lowered whenever the market faces headwinds.
This usually happens when volatility and inflation are high. By making it difficult to obtain the QUBE token, the model reduces price fluctuations and boosts the asset value. The token’s competitive edge further pushes its price.
The burn mechanism is used for trimming any uptick in supply at such times.
Litecoin’s holding time one of the highest among digital assets
Litecoin is a peer-to-peer cryptocurrency that can support fast and secure online transactions. Its native token LTC is used for all transactional purposes on the platform. These transactions are confirmed with the proof-of-work consensus protocol.
Litecoin was initially developed as a fork of Bitcoin, but there’s more to the token than just a crypto asset.
The token is built on the Litecoin blockchain which can finalize a higher volume of transactions than Bitcoin – which is currently in the news due to the buzz around ETF acceptance criteria.
As blocks are generated at regular intervals on the Litecoin network, it can process more transactions without requiring any code modifications. The result is payments with faster validation.
Litecoin was in the news recently after IntoTheBlock highlighted an interesting achievement unlocked by the token. As per the data supplied by the blockchain analytics platform, LTC users have one of the highest holding times among crypto assets.
By sticking to the LTC token for an average of 2.4 years, the Litecoin community’s holding time is quite close to Bitcoin’s.
bitFlyer adds Render Network to its exchange
The Render Network connects artists and studios in need of rendering services with professionals with GPU devices. The AI-driven cryptocurrency is infusing more efficiency into the GPU rendering ecosystem.
Its native token RNDR is a good crypto to buy as it allows seamless payments with fast finality.
In a boost to the Render Network’s global reach, Japan-based crypto exchange bitFlyer recently announced that it would be adding the Render Network to its platform.
The addition of the RNDR token to the exchange increases the variety of assets available for trading on the platform.
Conclusion
Litecoin, the Render Network, and InQubeta have woken up the crypto market from a period of tepid returns and catalyzed with their recent gains.
These tokens are among the best crypto investments to be found in today’s market. These coins are surging ahead while cashing in on the popularity of DeFi and its impact on promoting financial inclusion.
The significant leap in the prices of these cryptocurrencies complements analysts’ predictions about them. Due to these tokens’ growth potential, several experts have termed them ideal for chasing long-term gains in the market.
