A new year calls for new beginnings, and it is also time to update your crypto portfolio. Analysts have predicted that the crypto market will enter 2024 with a strong momentum and the virtual assets sector is optimistic with many new token launches and new investment opportunities.
If you are looking to strengthen your portfolio in the New Year, you can consider InQubeta (QUBE), Arbitrum (ARB), and Sui (SUI). The three tokens are among the top recommendations of analysts globally and represent the best of decentralized finance (DeFi) technologies.
InQubeta is the latest token to feature in the top ICOs of 2023. The Ethereum-based token started strong with its cryptocurrency ICO and has had one of the best-performing presales. Till now, it has raised more than $6.2 million in presale funding.
InQubeta: A confusion-free facility for raising funds for AI projects
InQubeta is a decentralized project that strives to combine the potential of AI and DeFi. Its model ensures that the combination of the two technologies yields rich rewards for startups and their investors.
Whether it is startups or investors, InQubeta takes care that all participants are equally represented. If startups get funding, investors get to stay ahead of the competition by being a stakeholder in future-ready startups.
The platform’s native cryptocurrency is known as the QUBE token. QUBE helps to determine all transactions and also dictates how the funds are being used for its development.
While the total supply of these tokens is 1.5 billion, their availability is intentionally kept low. The move is guided by the deflationary model of the QUBE token. The model ensures that token returns are safe from price fluctuations by keeping them in short supply.
The mechanism comes in handy when inflation is high or the markets are too volatile. If the supply surges, it is brought back within permissible limits by burning the additional tokens.
Out of the total supply of QUBE tokens, 65% is set aside for public sale. The rest is distributed among different use cases, including expenses for marketing, legal advisors, developers, rewards, and maintaining liquidity pools.
An important source of revenue for the platform is the tax proceeds collected from the sale and purchase of the QUBE token. All buyers and sellers of the token are required to pay a small tax.
The majority of the collections go towards maintaining the rewards and liquidity pool. A small portion of these tokens burned to keep the supply from surging ahead.
Rated as one of the top crypto to invest in, the QUBE token gives its holders the chance to earn passive income by staking the asset. It’s a great option for anyone who wants to earn with cryptocurrencies without having to sell them.
While the token is staked, it supports the blockchain’s operations. In exchange, the owners get rewarded with cryptocurrencies.
Presale tokens generally tend to register huge rallies after listing on mainstream exchanges. QUBE can be currently accumulated as its presale price is very attractive.
Many analysts have predicted a huge rise for QUBE since it is backed by unique use cases and has managed to build a strong and loyal community.
Sui announces partnership with Web 3.0 audit firms
Sui has managed to stay ahead of multiple new altcoins with its object-centric model that removes common challenges in digital asset ownership.
The Layer 1 blockchain offers horizontal scaling and parallel processing of transactions for creating scalable and hyper-efficient dApps. Its native token SUI is used for all transactional purposes on the network. SUI has posted strong profits in the recent past and seems to be poised for a bigger rally in the future too.
In a recent development, Sui announced that it would be partnering with blockchain audit firms OtterSec and Zellic to conduct security assessments of projects built on its blockchain. The strategic move will boost the security, stability, and strength of Sui-based projects.
Arbitrum ramps up its DAO grant program
Arbitrum is a Layer 2 protocol used for scaling Ethereum-based dApps and increasing their speed, efficiency, and scalability.
Its native token, ARB is used as the primary currency while dealing with any transactional obligation on the network. Arbitrum’s key offerings include rollup technology which leverages fraud proofs for boosting security and reducing gas fees.
The platform was recently in the news after it announced that it would add tokens worth $23.4 million to its DAO grant program — the Short-Term Incentive Program (STIP). The move would allow it to support more Ethereum-based projects and transform them.
Conclusion
Ever since InQubeta entered the market, the race for the best altcoins for 2023 has become more competitive. This new cryptocurrency is providing tough competition to Arbitrum and Sui and is expected to be among the top performers of the year.
It has a strong security framework and an anti-inflationary token that ensures that its users’ interests are well protected.
Cryptocurrency buyers must check out the features of a project before making an investment decision. Digital assets tend to exhibit a lot of volatility in the short term and sufficient diversification is necessary to build a resilient portfolio.
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.
