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High Demand Could Lead to Bitcoin Supply Shock & Polkadot Rival Eyes Major Gains

High Demand Could Lead to Bitcoin Supply Shock & Polkadot Rival Eyes Major Gains
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Many Bitcoin (BTC) investors remain confident that a new all-time high (ATH) will be set soon despite prices returning to the $60,000 support level. The April 19 halving event is why many traders remain confident despite BTC’s recent struggles. 

The halving is expected to cause a supply shock as it cuts down miners’ rewards for solving blocks by half, giving them fewer incentives to sell their tokens on exchanges. The reduced supply the halving will create is why some analysts have BTC’s price reaching as high as $160,000 before the year ends. 

InQubeta (QUBE) has weathered the storm caused by BTC’s sharp decline better than most altcoins, and the emerging crypto is expected to enjoy as much as 10,000% growth once launched. The company plans to make artificial intelligence (AI) investments available to all by creating a decentralized investment space in its ecosystem. 

InQubeta (QUBE) proclaimed one of the best new cryptocurrencies to invest in

InQubeta’s presale has been one of the brightest stars in the cryptocurrency space as it defied all expectations and flew past the original $10 million funding goal. Over $13.5 million has now been raised, comparable numbers to some of the top crypto projects, like the Binance Coin (BNB), which raised $12 million during its presale. 

InQubeta’s investment space uses a crowdfunding approach to provide an alternative to traditional investment firms, with their net worth and income requirements many people can’t meet. 

A different type of investment medium

InQubeta plans to showcase the vital role non-fungible tokens (NFTs) will play in the financial sector in the future. The company plans to allow investors to buy equity and other rewards from AI startups with its native currency, QUBE. 

These aren’t like regular non-fungible tokens that are valued based only on speculation. The NFTs sold on InQubeta are valued based on their makers’ intangible and tangible assets. These tokens perform the same duties stocks perform in traditional investment spaces. 

AI startups get to make NFTs in the investment space once cleared by InQubeta’s team and tokens are displayed on the marketplace where users in the ecosystem can buy them. 

InQubeta investors also have the option to invest in the company directly by buying and holding QUBE long-term. Tokens sell for $0.028 now, but a 10,000% price surge is expected once tokens are unleashed on exchanges. This makes it one of the best altcoins to buy to create generational wealth. 

InQubeta plans to ride the rise of artificial intelligence as the technological sector grows exponentially. More than $1.5 trillion will enter the AI space by 2030, setting InQubeta up for considerable growth in the next several years. 

Bitcoin (BTC) investors remain confident as halving approaches

Bitcoin investors remain optimistic prices will surge considerably despite its recent setback, leading to its April 19 halving. These investors believe the recent pullback is the natural profit-taking that occurs after new all-time highs are set. 

BTC’s trading volume has jumped by over 90% in the past few days, and price movements are starting to reverse. The halving event will cut the supply of new tokens in half, helping to push prices upward. 

Polkadot (DOT) prices drop 22% in the past week

DOT investors have felt the impact of the Bitcoin crash in the last seven days, but market metrics like its relative strength index at 28.88 suggests a reversal is about to occur. Tokens are the cheapest they’ve been all year, trading above the $6 mark, so now’s a good time to buy in.

Summary

Technical indicators point toward cryptocurrencies rebounding this week, so BTC and DOT should enjoy considerable price surges. QUBE remains the best bet out there with the potential to surge 100x once launched on exchanges.

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