Ethereum (ETH) reached almost $2,400 (according to CoinGecko’s data) a few days ago, mainly having recovered from the losses sustained during the catastrophic 2022. Still, the valuation is lower than the all-time high of more than $4,800 set in November 2021. Some analysts predict that ETH may hit another all-time high in the upcoming months as the present boom continues into 2024.
Not only is Ethereum experiencing a surge in interest, but promising projects like Kaspa (KAS) and InQubeta (QUBE), both preparing for significant rallies, are also receiving attention. InQubeta and Kaspa rank among the best DeFi projects, given their potential for exponential growth in 2024. Early investors in InQubeta have earned more than 175% returns, and Kaspa prices have increased by 28% over the past 30 days.
Let’s explore the elements that could propel Ethereum’s possible comeback, as well as the distinctive offerings that Kaspa and InQubeta provide in the cryptocurrency space.
InQubeta (QUBE): Facilitating Startups’ Access to DeFi Solutions
InQubeta is an emerging crypto ICO that offers a crowdfunding platform for AI startups. The platform uses blockchain technology to create an AI-powered ecosystem that can transform several industries. In InQubeta, investors can access profitable ventures while sticking to a budget.
QUBE tokens can be staked to support the network’s growth, making it one of the best crypto investment to add to portfolios. Token holders receive cryptocurrency in exchange for consenting to lock their tokens for staking purposes. Distributions of the staking rewards come from a different pool, financed regularly by tax revenues.
InQubeta supports a deflationary model for its QUBE token. A deflationary system controls the token supply to guard against inflation and market fluctuations. The supply of the token is constantly restricted to reduce the effect that excessive inflation has on its value. Additional tokens in circulation are burnt each time the supply rises above permitted limits, bringing it back down. These unique features set InQubeta in line for an upcoming rally.
InQubeta has also proven to be one of the best DeFi projects, with more than $7.2 million raised during its presale. This noteworthy presale milestone suggests that the crypto ICO could see a rally. Currently, the token is being offered at a discounted rate of $0.01925, which will rise in each of the upcoming stages of the ten-phase presale. Astute investors can gain significant insight into the token’s potential due to this exceptional presale performance.
Kaspa (KAS): Revolutionizing Scalability in the Blockchain Space
Kaspa has solidified its position as one of the fastest-rising cryptos this year, surging more than 2000% to $0.11. The digital ledger’s design facilitates parallel blocks and faster transaction confirmation. On Kaspa, transactions are settled in single-second periods using the platform’s native token, KAS. The functionality improves the speed and scalability of the platform. It employs a consensus engine built on proof-of-work to validate each transaction.
Kaspa verifies transactions via a secure block network while maintaining the network’s decentralization. The platform now has a global user base, thanks to new initiatives and integrations. Kasapa is poised for a rally as it recently revealed that the popular DEX Exchang.io will allow users to buy, sell, and swap KAS tokens.
Ethereum (ETH): Poised for an All-Time High in 2024.
Prominent analysts have offered their insights on Ethereum’s current position in the market, emphasizing pivotal points that could dictate the cryptocurrency’s trajectory by 2024. Renowned cryptocurrency analyst Crypto Tony shared his opinions in a post on X, highlighting how important it is for ETH to remain steady above $2,130 to keep his optimistic long position.
According to FieryTrading, the asset has been bullish for six months, suggesting a possible gain shortly. By the end of 2024 or the start of 2025, the expert predicted, ETH might hit $5,000.
Conclusion
Investors are interested in Ethereum because of its potential for a new all-time high in 2024. Also, Kaspa and InQubeta have demonstrated the potential to rally soon, given how innovative and successful the projects have been. AI crypto ICOs like QUBE are significantly impacting the industry with their unique approach to tech investing.
As the industry continues to produce astounding inventions, it demonstrates the potential of blockchain technology and how cryptocurrencies may improve the world. InQubeta is fulfilling all the criteria to be considered one of the best crypto investment for significant profits. It keeps moving forward in its quest to hit the $10 million milestone as its presale stays bullish. Participate in the presale by clicking the link below.
The post Ethereum (ETH) Could Lead to A Fresh All-Time High in 2024; Upcoming Rally for Kaspa (KAS) and InQubeta (QUBE) appeared first on CoinJournal.
