Buying up Solana (SOL) was a good crypto investment to make in 2023, delivering 311% returns, as it emerged as one of the top DeFi projects in the cryptocurrency space. It surpassed other DeFi crypto coins like Cardano (ADA) and emerged as the main competitor of the Ethereum (ETH) network.
One of the main driving factors that pushed Solana to new heights was its quickly evolving ecosystem which brought in many new users. Solana is once again looking to expand the capabilities of its ecosystem by integrating its platform with Filecoin (FIL) to increase the availability of specific data types on its blockchain. The move is expected to bring improved scalability and security to the Solana blockchain.
Filecoin didn’t enjoy substantial gains in 2023, but its prices have risen by 38% in the past seven days. Its blockchain allows users to monetize their unused storage space while allowing those who need extra storage to rent it out.
InQubeta (QUBE) came close to keeping up with Solana in 2023, giving early investors 220% returns as its presale prepares to enter its eighth stage. More than 811,000,000 tokens have been sold so far, valued at over $10 million. The ambitious project looks to create an alternative way to invest in artificial intelligence (AI) that’s easier for most investors to access than traditional investing mediums.
Top ICO InQubeta dubbed the best coin to invest in right now
Solana might have outperformed InQubeta in 2023, but the latter is projected to enjoy considerably more growth in 2024. The investment space InQubeta provides gives investors who don’t meet the income or net worth requirements that many investment channels have a secure and efficient way to access similar investment opportunities.
InQubeta hosts a blockchain that runs on the Ethereum network, which allows it to create a decentralized investment ecosystem that replaces stocks with ERC20 coins.
Here’s how AI startups and investors connect on the InQubeta network:
- AI firms that are eligible to use the ecosystem gain access to the NFT marketplace where their developers can make non-fungible tokens that serve as digital proof of investment opportunities being offered by these companies
- Each NFT is split into many units through fractionalization, so investors can spend as much or as little as they choose on them
- Investors can read about the different companies seeking capital on the marketplace and invest in any of them by buying their non-fungible tokens. The ERC20 coins sold on InQubeta’s marketplace offer rewards or equity
- Investors can hold on to their tokens for as long as they choose or resell them on the NFT marketplace at any time
Solana (SOL) is set for more growth as it integrates with Filecoin (FIL)
Solana’s recent integration with Filecoin is expected to improve the retrieval of data and discoverability for third-party applications in its ecosystem. Filecoin views the move as a major move away from centralized storage solutions.
Solana is expected to enjoy exponential growth in 2024 if Bitcoin prices explode as anticipated. Filecoin also appears to be set for substantial growth, given the 38% price gains it has enjoyed in the past week.
Cardano (ADA) surges 15% in the past week
ADA prices were volatile for most of 2023, but prices enjoyed tremendous growth during the last few months of the year, going from $0.25 to $0.67. Prices came down a bit during the start of 2024, but bull patterns have once again started forming on price charts.
ADA prices are still a long way from all-time highs (ATH) set in 2021 and prices could grow as much as 5x this year if previous highs are reclaimed.
Summary
QUBE, ADA, FIL, and SOL are three of the best cryptos to buy now to enjoy significant profits by the time the year is over. QUBE is the most likely to help you build generational wealth given its massive growth potential thanks to the investment solutions it gives investors.
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