Bitcoin Exchange Supply at 5.38%, Lowest Since Dec ’17; Solana and InQubeta’s Growth Continues to Impress Investors

Some cryptocurrency analysts have credited Bitcoin’s (BTC) recent price surge to its dwindling supply on exchanges. As BTC prices continue to rise, its supply on exchanges has dropped to the lowest it has been since 2017 at 5.38%. The dwindling supply has increased demand for the king of cryptocurrencies and more growth is expected before the year ends. 

InQubeta (QUBE) has also enjoyed considerable gains in 2023, as it emerged as one of the top altcoins to buy. QUBE prices have grown 130% since its presale started. Solana (SOL) has outperformed Bitcoin and InQubeta this year as its prices have surged 326%. 

Top altcoins to buy: InQubeta (QUBE) impressing investors with presale success

InQubeta is the first cryptocurrency crowdfunding platform that focuses exclusively on artificial intelligence (AI). Its primary objective is to provide an alternate medium for investors to invest in AI; one that doesn’t come with the annoying requirements many mainstream investment channels have, like minimum deposits that are more than many people make annually. 

The InQubeta project is governed by well-structured tokenomics that has led to some analysts comparing its growth potential to Bitcoin. Token supply is capped at 1.5 billion, and burn protocols further reduce the circulating supply. QUBE currently sells for $0.0161, and prices are anticipated to reach a dollar within a few years. The project would only need to raise a $1.5 billion market cap to accomplish this. Even meme coins like Shiba Inu, with poor tokenomics and no real utility, have been able to triple that number. 

InQubeta’s focus on artificial intelligence positions it to play a considerable role as the artificial intelligence revolution unfolds before our eyes. More than $1.5 trillion is expected to be directed into AI by 2030, setting the project up for substantial growth as it helps to funnel capital to AI startups. 

A new way to invest in artificial intelligence

Investors don’t have to worry about income or geographical requirements when investing through the InQubeta network. The ecosystem allows startups to fundraise by selling non-fungible tokens (NFTs) that are its version of stocks. 

These ERC20 coins denote investment opportunities and they cannot be imitated or duplicated. Tokens are posted on the NFT marketplace where investors get access to information about the companies’ fundraising and their tokens. 

Purchases on the NFT marketplace are done with QUBE and backers get full control over their tokens once deals are settled. ERC20 coins can be resold on the NFT marketplace or investors can choose to hold on to them long-term. 

Investors can also invest in InQubeta directly by staking QUBE and earning more tokens as rewards for helping to manage the ecosystem. Holders also get to be part of the network’s governance. 

Bitcoin’s dwindling supply is likely to push prices upward

The supply of BTC is as low as it has been since 2017 which is good news for investors as demand for the most popular cryptocurrency rises. Many investors have been moving their holdings away from exchanges to personal wallets, indicating they expect long-term price appreciation while making the asset less liquid. 

Data from CryptoQuant shows that almost 478,000 BTC tokens have been moved from exchanges in the past month. The reduced supply of BTC and its upcoming halving event in April 2024 should lead to exponential rises in the coming months. Expect prices to explode if a spot ETF application is approved before then. 

Solana (SOL) emerges as top altcoin to buy

Solana prices have surged 320% in 2023 while growing its market cap considerably. The Solana project is now the sixth most popular cryptocurrency project and more growth is expected in 2024 as it emerges as Ethereum’s main competition. 

Summary

QUBE, SOL, and BTC are top altcoins to buy now if you want to earn considerable profits in the coming year. QUBE will likely enjoy the most growth thanks to its tokens being undervalued and the inventive way it opens up investments in AI. 

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