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Ethereum Descends Below $3,300 While Hedera & Promising AI Altcoin Witness Investor Influx

Ethereum Descends Below $3,300 While Hedera & Promising AI Altcoin Witness Investor Influx
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Ethereum (ETH) prices have dropped substantially since they broke the $4,000 resistance level a week ago. It’s now trading above the $3,100 support level, while Bitcoin (BTC) has pulled back to the $61,000 support level after setting a new all-time high (ATH) on March 14 at $73,750.

The recent pullback is mostly due to investors taking profits and more bull runs are expected to follow. Bitcoin’s halving event is less than a month away and it will encourage bullish attitudes all over the cryptocurrency space. There’s also the possibility of Ethereum spot exchange-traded funds (ETFs) being launched in the coming months and drastically lower transaction fees on layer 2 blockchains thanks to the Dencun upgrade. 

InQubeta (QUBE), an emerging crypto hosted on the Ethereum network, is one of the few cryptocurrency projects that have enjoyed gains in the past week. QUBE’s price has grown by over 14% in the past week as its presale enters its ninth stage. Over $12 million has been raised so far, a clear indicator of its growth potential. Early investors are now up 300% on their investments. 

Hedera (HBAR) recently broke the $0.14 resistance level, but prices have pulled down to the $0.11 resistance level, making tokens quite cheap. 

Top ICO InQubeta (QUBE) expected to enjoy 10,000% price surge

InQubeta’s growth potential is being compared to Bitcoin a decade ago because of the useful solution it offers. The decentralized finance crypto aims to provide easier access to artificial intelligence (AI) investment opportunities. Its ecosystem is intended to serve as an alternative to conventional investment avenues since many people don’t meet their income, geographic, or net worth requirements. 

Investments in AI have grown by over 1,000% since 2015 and over $1.5 trillion is expected to flow into the AI industry by 2030. This positions InQubeta, the first crypto to focus on increasing accessibility to artificial intelligence investments, for exponential growth in the coming years. 

QUBE is now priced at $0.028 in the presale’s ninth stage, but it’s expected to be worth more than a dollar once launched on exchanges thanks to the interest it has been able to generate and its 1.5 billion token supply. QUBE could be worth hundreds of dollars or even thousands in the next decade as its investment space grows. 

A different type of investment avenue

Investors don’t have to jump through hurdles to earn access to InQubeta’s investment space. They simply head to the NFT marketplace where they can buy fractions of investment opportunities tokenized into non-fungible tokens. 

These ERC20 coins are made by AI startups looking for funding and sold on the marketplace. They offer investors equity and other rewards. Investors can resell any tokens they buy on the NFT marketplace whenever they want. 

Ethereum’s (ETH) price pulls back to $3,100

Ether’s price has lost 22% of its value since testing the $4,000 resistance level. However, the pullback was expected given how much its prices surged in the past month. ETH is still up for the month despite the massive correction and prices will likely start trending upward soon. 

Hedera (HBAR) poised for more price growth

Hedera prices are currently cheaper than they’ve been for most of the last month, making tokens extremely cheap. Bitcoin’s ongoing boom will help push the prices of altcoins like HBAR upward. 

Hedera provides an ecosystem that allows anyone to create and launch decentralized applications, positioning it for growth as the DeFi space expands. 

Summary

QUBE, HBAR, and ETH are three of the top altcoins to buy in 2024. QUBE’s prices could grow as much as 10,000% thanks to the easy access to AI investments it plans to provide. 

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