The last week has been characterised by a lot of ups and downs in investor emotions after the BTC ETF was finally approved. Many investors were scrambling to learn how to buy the BTC ETF – yet at the moment, the positive chart effects of this event have yet to be seen.
Injective, Render and InQubeta are also in the news for a number of reasons. We’ll be discussing all the above and more in the following article.
Injective Unlock Piques Market Interest
96% of the INJ supply has already been unlocked. The final unlock, set for January 21, 2024, will release 3.67 million INJ tokens, totaling $136.73 million. The allocation breakdown is 333,330 tokens for advisors ($12.43 million) and 3.33 million INJ tokens for the team ($124.30 million).
These Token unlocks are expected to increase the circulating supply, potentially impacting prices and putting Injective in the spotlight. Market volatility is further fueled by the SEC’s decision on approving the Bitcoin ETF. Hopefully for Injective fans, the current BTC price trend will not affect their ecosystem and they can maintain bullish momentum.
Render Making A Run For It
Render is in the news as there’s an airdrop on the horizon. Participating in Render $RNDR airdrops can offer several advantages to cryptocurrency enthusiasts. By claiming airdropped tokens, participants may potentially benefit from:
Token Acquisition: Airdrops allow participants to acquire new tokens without making any monetary investment.
Project Involvement: Engaging in airdrops enables individuals to become early adopters of new crypto projects, offering a sense of participation and potential future benefits.
Diversification: Airdrops provide an opportunity to diversify cryptocurrency portfolios, which can spread risk and potentially enhance overall returns.
If you’re interested in airdrops, Render is one of the best altcoins in the market to get them from at the moment.
InQubeta Running Riot
InQubeta allows investors to explore and invest in the best crypto for beginners and experts. It’s a fascinating project that was launched to help the overall AI market thrive and expand, basically betting on itself and others to generate massive community engagement.
Beyond just beginner cryptocurrency investments, InQubeta provides a range of educational resources on how to start with crypto. Their platform even assists and guides individuals on what crypto to buy for their investment goals, making it in itself one of the top altcoins for all types of different investors.
Overall, InQubeta has awesome tokenomics and government structures which give a long list of benefits to users, while ensuring a democratic incentive structure that takes all community opinions into consideration before making important project decisions. It’s definitely a project to take seriously in the 2024 bull run.
Conclusion
As 2024 kicks off, we have loads of headlines happening to boost the market. From the injective unlock, to the Render airdrop, to the continuing InQubeta momentum. If you’re looking to invest in crypto, this BTC halving year is a great place to start. Do your own research and invest wisely!
