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Arbitrum (ARB) may be one of the best cryptocurrencies to invest in right now as its price has seen a 6% increase last week due to increased activity on the Ethereum (ETH) network following the London upgrade. Other layer 2 blockchains built on Ethereum’s blockchain, such as Optimism (OP), have also seen significant price increases.
Data shows that fees on Arbitrum have dropped to less than a penny per transfer, a stark contrast to the high transaction fees averaging $3 for high priority transfers on the main Ethereum blockchain. The daily transaction volume on the Arbitrum network exceeded that of the Ethereum network on March 19, reaching 1,714 million and 1,378 million transactions, respectively.
Meanwhile, reportedly, Fetch.ai (FET) and Gala (GALA) rival InQubeta (QUBE) saw an increase in investor interest after surpassing its initial $10 million fundraising target in its presale. According to the team, over $12.5 million has been raised so far, with QUBE’s price increasing over 300% since the beginning of the ICO.
Is InQubeta (QUBE) One of the Investment-Worthy DeFi Projects?
InQubeta is still in the ICO stage but claims to have the potential to be one of the largest cryptocurrencies in the DeFi space. It aims to provide an alternative to traditional investment firms by offering easier access to AI investments for users who may not meet geographical or net worth requirements.
Artificial intelligence has transitioned from an interesting concept to reality in the past decade, leading to a significant increase in investment funds. Capital directed towards AI has grown from $12 billion in 2015 to $120 billion and is estimated to flow another $1.5 trillion into the sector by 2030.
This positions InQubeta ideally to experience significant growth in the coming years with the claim that a portion of this capital entering its ecosystem. The easy access to AI investments it plans to provide may already be resonating among cryptocurrency investors.
InQubeta describes its investment space as follows:
YZ ventures deemed suitable for capital raising in the mass funding space via InQubeta are gaining access to the NFT market
These companies are digitizing investment opportunities in the form of non-fungible tokens (NFTs) that take on roles similar to stocks
Investors use QUBE to buy tokens produced by companies of interest and secure equity and other rewards from AI companies
Investors can hold onto the tokens for as long as they want or sell them to other investors in the NFT market
Arbitrum’s (ARB) Daily Transaction Volume Surpasses Ethereum Network
The fact that daily transactions on the Arbitrum blockchain have exceeded the daily transaction volume of the Ethereum network is a positive development for investors as the increased usage of the ecosystem will help drive prices higher.
ARB’s price has seen an increase of over 42% in the past year and is likely to benefit from consistent price increases in the next few months due to its low transaction fees.
Is Fetch.ai (FET) a Rival to InQubeta?
Fetch.ai has been making waves in the AI crypto space as its price appreciated over 138% in recent months. The ecosystem provides users with access to large datasets using automated bots, which can be used to perform a wide range of tasks, from logistics management to decentralized finance.
Gala (GALA) Saw a 124% Increase Last Month
Gala has emerged as one of the top crypto gaming platforms while continuing to use blockchain technology to create a gaming space where users can access free AAA-level games, rewards, and other benefits.
GALA’s price saw an increase of over 122% in the first quarter of 2024, and it is expected to provide exponential returns to investors before the year ends.
Conclusion
QUBE, GALA, FET, ARB, and ETH are currently good cryptocurrencies to buy for substantial gains before the end of 2024. As investors flock to the investment space for easy access to AI investments, QUBE may grow up to 100 times this year, according to claims.
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Disclaimer: This article is a sponsored post. BitcoinHaber is not responsible for any damage or losses related to any product or service mentioned in this article and cannot be held liable. BitcoinHaber strongly recommends readers to conduct their own research regarding the company and the products or services offered in this sponsored post.
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