Focus shifts to altcoins amid Ethereum (ETH) surge: Stacks (STX) and InQubeta (QUBE) emerge as tokens to watch
Ethereum (ETH) has been making headlines for several reasons, from the experimental ERC-404 token standard to the anticipated Dencun network upgrade—the biggest since Shapella. In the crypto market, Ethereum, the leading altcoin, has been flying, recently hitting $3,400. With the alt season here, investors’ focus has now shifted to low and mid-cap coins, aiming to position themselves for massive gains.
On this list are Stacks (STX) and InQubeta (QUBE), two top altcoins that are buzzing with potential, with some analysts predicting that they could be some of the best cryptos to buy now.
InQubeta (QUBE): an emerging altcoin to watch
InQubeta (QUBE) emerged as a subject of much interest following its surge past $10.5 million in presale—an incredible feat. This remarkable milestone sets it apart from most of the new ICOs. That isn’t all; the massive presale participation highlights investor confidence in its potential, suggesting an explosive debut.
The growing interest in this emerging crypto can be attributed to its innovative blend of AI and crypto—two of the world’s most transformative technologies. As a fundamentally strong altcoin, it aims to reshape the burgeoning AI market by building the first crypto-based crowdfunding platform for AI startups and democratizing access to the market.
Its custom-built NFT marketplace will make a huge difference in the AI landscape. Here, tech startups can raise capital by minting investment opportunities as equity-based NFTs and offering them to investors. On the other hand, investors can own stakes in trailblazing AI businesses, irrespective of their income.
In the eighth stage of the ICO, a token is competitively priced at $0.0245. Some analysts’ confidence in its potential is through the roof, with several tipping it for a 4,500% upswing after its launch, which if it comes to fruition would likely make it the best new crypto to invest in.
Ethereum (ETH): remarkable market surge
Ethereum (ETH) is the second-largest crypto by market cap and the leading altcoin. It touched $3,400 earlier this week, putting it within striking distance of its $4,800 all-time high (ATH). Its upswing can be attributed to several factors, from the imminent approval of the spot ETH ETF to the anticipated Dencun upgrade.
The SEC is expected to either approve or reject VanEck’s Ethereum ETF application in May, which will show the agency’s stance towards the investment product. Additionally, the Ethereum Foundation recently announced March 13 as the launch date of the eagerly awaited Dencun upgrade—the biggest since Shapella.
Soaring on the back of these developments, Ethereum has been charting a bullish course. According to analysts, it will likely rally past $4,000 before May, positioning it as one of the best cryptos to invest in.
Stacks (STX): an altcoin to watch for significant gains
Despite the buzz around GoDaddy’s integration with ENS for domain name linking and Wormhole’s snapshot of an upcoming airdrop, Stacks (STX) has managed to maintain market hype. It continues to make headlines following its explosive growth as it goes on an upward charge.
After hitting $3, it has been gathering steam, aiming to flip its $3.2 ATH, which is close. Afterwards, it will go on price discovery, making it a good crypto to buy. If you seek significant gains — especially considering 2024 is a potential bull market—Stacks is a compelling investment and one of the best altcoins.
To avoid missing out on this bullish wave or FOMOing (fear of missing out), we suggest adding Stacks to your portfolio now.
Conclusion
The significant uptick in Ethereum’s price has improved investor confidence, with Stacks and InQubeta enjoying growing attention. As a top ICO and an AI altcoin, QUBE is poised to skyrocket after its launch—a wave you can ride by participating in the presale by visiting the InQubeta Presale. You can also access updates concerning the project by joining the InQubeta Communities.
