Recent market movement and its general bearishness have led to an analyst’s prediction of a possible Bitcoin (BTC) drop to $22,000. Amidst this low sentiment and market uncertainty, Polygon (MATIC), InQubeta (QUBE), and Litecoin (LTC) have shown strength and resilience to defy the broader market.
This article will cover the insight offered by this analyst’s prediction and Bitcoin’s outlook, including the solid performances of these tokens.
InQubeta (QUBE): Bullish tendency despite shaky market
InQubeta (QUBE) offers a unique value proposition in the cryptocurrency space thanks to its convergence between blockchain and AI. Its focus on transforming the fundraising landscape of the AI industry has captured the interest of investors and enthusiasts. As a result, it has shown strength despite bearish sentiment in the broader market, with more than $2.4 million raised in presales so far. Hence, it represents a top crypto to buy.
To solve the fundraising challenge in the AI sector, InQubeta aims to become the world’s first crowdfunding platform for AI-based startups. This innovative concept will allow startups to raise funds by simply minting investment opportunities and tokenizing them as equity-based NFTs. These will in turn be fractionalized, thereby democratizing access to the AI market and opening the market to all to enjoy substantial profits from investments.
In addition to its strong fundamentals and exceptional utility, other appeals of the token include the governance rights that come with holding it and the deflationary nature of the QUBE token. As a deflationary token, its value is expected to rise over time as supply decreases, making it a compelling investment for the long term. Additionally, its enormous growth potential has contributed to its resilience. According to experts, the QUBE token will rise by 45x from its current price of $0.0112, making it the best coin to invest in now.
Bitcoin (BTC): Road to $22,000 a bearish outlook
Recent concerns around the broader market have resulted in a dip in the price of Bitcoin. The ongoing struggle between the bears and bulls has seen significant price fluctuations, with Bitcoin trading between $25,000 and $26,000. As a result of this turbulence, an analyst has predicted a possible Bitcoin drop to $22,000 before another strong surge.
Nevertheless, regardless of Bitcoin’s bearish sentiment and the uncertainty surrounding its next price movement, its resilience is widely known. It can easily defy popular assumptions and skyrocket in the coming days, despite the fear and greed index tilting more towards the former.
Polygon (MATIC): Strong market resilience
Polygon (MATIC) is a key player in the crypto landscape, carving a niche in the layer-2 ecosystem. It is known for its scalable solutions on the Ethereum network, which supports the building of various decentralized applications (dApps).
Despite the market’s volatility, MATIC has shown resilience and defied the broader market’s trend. This makes it a good crypto to buy. The resilience of MATIC can be attributed to several factors, primarily the growing demand for layer-2 scaling solutions. This will further push the token to an upward position in the coming weeks.
Litecoin (LTC): Strength amid bearish sentiment
Litecoin (LTC) is a cryptocurrency whose vision revolves around providing fast, low-cost, and secure payments. Since its launch in 2011, LTC has demonstrated its ability to withstand market turbulence. The same scenario is playing out now, with the token showing strength and rallying despite the shaky market.
This proves that LTC is probably the best crypto to invest in, especially during periods of uncertainty. Moreover, its consistent performance makes it one of the altcoins to watch this period.
Conclusion
Amidst the uncertainty around Bitcoin and an analyst prediction of its retracement to $22,000, three tokens have shown the strength to defy the broader market. They include MATIC, LTC, and QUBE. As a result, they are tokens to watch out for in the next bull run and also the best cryptos to invest in now.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
