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Since Bitcoin (BTC) broke through $40,000, upside predictions have been flying around. Multiple cryptocurrency experts have suggested that, with the way it is pushing towards previous highs, the price of BTC could record new all-time highs by the end of 2024. This projection is likely because multiple impact events could trigger a long rally next year.
Some other remarkable cryptocurrencies that have caught the attention of global investors with impressive performances and milestone achievements are Injective (INJ) and InQubeta (QUBE). Since the beginning of this month, INJ has rallied by over 150%, while InQubeta has surged by 175% since its crypto ICO event started. Despite last week’s market-wide correction, the price pattern of INJ and QUBE suggests that they’re both ready to surge further.
Let’s explore the recent performances of Bitcoin, Injective, and InQubeta.
InQubeta’s (QUBE) Impressive Growth Points To Upcoming Bullish Rally
InQubeta‘s QUBE is an Ethereum-based utility token that investors seeking affordable investment in the AI sector use to buy equity-based NFTs minted by AI startups on InQubeta’s NFT marketplace. By purchasing these NFTs, QUBE holders are positioned to profit from the growth of artificial intelligence, while AI startups use crowdfunding to grow. With the AI boom, InQubeta offers the best crypto investment at a discount, which has attracted investor attention.
QUBE will give investors access to InQubeta’s features, allowing holders to stake their tokens on the platform to earn extra income. QUBE sells for $0.01925. High demand for the crypto ICO has helped InQubeta raise $7.2 million in six presale stages. Early investors have already pocketed 175%, but there’s still an extra 60% to gain by the end of the presale. When InQubeta launches, QUBE could rally due to heightened demand, making it the best crypto investment to maximize earnings from the AI industry.
Another feature that makes QUBE the best crypto to invest in long-term is token burning. This allows the removal of QUBE from circulation. Because of supply and demand, the more scarce QUBE becomes, the more expensive it will be. If the platform follows the roadmap and the crypto market starts a new bull run, investors can expect QUBE to hit $0.5 by the end of 2024. This growth potential cements QUBE as the best crypto to invest in and positions it for a climb to $1.
Injective’s (INJ) Impressive Surge Signal Incoming Bullish Surge
The markets could be on the verge of another altcoin season based on how tokens like Injective have performed. INJ recently printed new highs following its push past resistance. Even the market correction of December 11 failed to stifle INJ‘s growth. The token is now up more than 420% since its bullish momentum started in October. The bulls are expected to continue to push Injective higher, sending it towards the $50 mark. Although the RSI on the price chart indicates overbought, if INJ stays above its all-time high, we could see a new rally soon.
Bitcoin (BTC) Moves To Target New All-Time Highs
2023 was a good year for Bitcoin. After plummeting for most of 2022, the token staged a recovery. Strong bullish momentum recently carried BTC to a new 18-month high around the $44,000 mark. This rally has delivered a yearly growth of over 160%, and bullish expectations are at an all-time high due to the upcoming Bitcoin halving event that would introduce a massive surge for BTC.
The growing optimism that the SEC could approve BTC ETFs next year has also increased the chances of a Bitcoin rally. The rising interest of institutional investors in cryptocurrency investing is another factor that could drive prices higher. Predictions are everywhere, with some experts projecting a return to its 2021 all-time high of more than $69,000. Others have called for BTC to surge to figures as high as $250,000 before the end of next year.
Conclusion
The performance of many cryptocurrencies has confirmed the speculation that the market is preparing for the next bull run. Following the recent market run, the bullish sentiment has earned expectations of new highs for Bitcoin by 2024. Altcoins have also followed suit, with Injective targeting higher prices. Even DeFi projects have gotten on the trend as InQubeta continues to record milestones with a 175% surge. The presale is the optimal time to buy QUBE because of the ongoing 15% bonus on each purchase.
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