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Dogecoin’s (DOGE) Struggle to Take Off Raises Concerns, Analyst Predicts Positive Outlook for Render (RNDR) & InQubeta (QUBE)

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Dogecoin (DOGE) prices briefly broke the $0.10 resistance level during its most recent bull run, but the price surge many were expecting didn’t occur. Instead, prices have come crashing down as low as $0.088 and there hasn’t been much growth since then. 

Meanwhile, InQubeta (QUBE) is being touted as one of the best cryptos to invest in as 2023 comes to an end thanks to the tremendous growth its presale has enjoyed so far, raising over $7.6 million in token sales. The new DeFi project intends to deliver an alternative way for investors to access artificial intelligence (AI) investment opportunities. It’s a much-needed solution for investors who don’t meet the requirements of mainstream investment channels or those who prefer the increased privacy that comes with decentralized financial services. 

Render (RNDR) has been one of 2023’s most profitable cryptos to buy, bringing investors 941% returns so far. The project’s utility, allowing miners with unused processing power to monetize it, sets it up for comparable growth in 2024. 

Best cryptos to invest in: InQubeta (QUBE) is expected to be one of 2024’s most profitable cryptos

InQubeta is the foremost cryptocurrency platform to focus exclusively on opening access to AI investments. It provides a solution to a problem many investors face when they try to use traditional investment avenues: not meeting their income or geographic requirements. 

InQubeta gives investors an alternative that doesn’t come with a bunch of stringent requirements. It also gives AI startups an easier way to generate capital for their projects, creating a mutually beneficial network. 

Investors who purchased QUBE during the presale’s beta stage have earned themselves 175% returns and they’ll be up 440% by the time tokens are available on exchanges. Investors who enter now haven’t missed out completely yet, they still get to earn 60% profits before coins are launched. 

Here’s how InQubeta uses its Ethereum-hosted blockchain to create an efficient, protected, and transparent investment process: 

  • AI startups that are deemed eligible fundraise by making non-fungible tokens (NFTs) that denote investment opportunities. These ERC20 coins are fractionalized into smaller portions to make them more affordable for investors with smaller budgets
  • NFTs are added to the ERC20 token list on the marketplace. The marketplace is where investors access information on the different companies they find interesting and use QUBE to buy their ERC20 coins
  • Investors can hold on to their tokens long-term after deals are finalized, or they can resell them on the marketplace at any time. The value of all tokens sold on the InQubeta marketplace can be tracked in each user’s account

Dogecoin (DOGE) fails to bring expected gains

Dogecoin prices breaking the $0.10 barrier didn’t bring the gains many investors expected. Instead, DOGE prices have been shrinking since it broke $0.10 for the first time in over a year. 

While many were expecting Bitcoin’s (BTC) price surge to keep propelling DOGE prices upward, the reality is the project’s virtually infinite token supply makes it almost impossible for the project to enjoy any substantial price growth. The project’s utility is quite limited, and new DOGE from miners are regularly transferred to exchanges to be sold. 

Render (RNDR) emerges as one of the best altcoins to buy

Render brought investors substantial gains in 2023 and more of the same will likely occur if BTC prices continue to surge as it approaches its April halving event. RNDR prices have the potential to enjoy up to 10x growth in 2024 as more users flock to its ecosystem. 

Summary

QUBE and RNDR are two of the best cryptos to invest in right now to earn tremendous returns in 2023. Render is expected to have another phenomenal year, while InQubeta could enjoy up to 100x growth after tokens are available on exchanges. 

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