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Tag: Polkadot

  • Upward trends predicted for Polkadot & this Shiba Inu killer as $2T market cap boosts Bitcoin toward $69K target

    Upward trends predicted for Polkadot & this Shiba Inu killer as $2T market cap boosts Bitcoin toward $69K target

    Bitcoin, the pioneer of cryptocurrencies, continues its impressive rally as it edges closer to the $69,000 mark, driven by a surge in market capitalization that surpasses $2 trillion.

    This monumental achievement reflects the growing confidence and adoption of digital assets, propelling Bitcoin to new all-time highs.

    Bitcoin’s market cap milestone

    The recent surge in Bitcoin’s price is underpinned by a significant boost in its market capitalization, which now exceeds $2 trillion. This milestone solidifies Bitcoin’s position as the top cryptocurrency to buy, attracting institutional and retail investors seeking exposure to the digital asset market. The unprecedented growth in market cap underscores Bitcoin’s status as the best cryptocurrency to invest in for long-term returns.

    Favourable market conditions and increasing demand from investors worldwide fuel Bitcoin’s upward trajectory. The cryptocurrency market’s bullish sentiment is evident as Bitcoin rallies above $51,000, triggering major short liquidations and propelling its price toward the $69,000 target. The Fear & Greed Index, a key indicator of market sentiment, reflects extreme greed among investors, signalling a potential continuation of Bitcoin’s upward momentum.

    Upward trends for Polkadot

    Polkadot, an open-source sharded multichain protocol, is gaining traction as a top altcoin to watch. It is an innovative open-source sharded multichain protocol designed to facilitate interoperability between specialized blockchains. It serves as a foundation for a decentralized web, allowing seamless cross-chain transfer of various data and asset types.

    With its layer-0 metaprotocol architecture, Polkadot enables autonomous and forkless code updates through on-chain governance. Its native DOT token plays multiple roles, including staking for security, network governance, and bonding tokens for parachain connectivity. 

    Polkadot’s unique components, such as the Relay Chain and parachains, offer scalability, flexibility, and secure interactions among diverse blockchain networks, making it a prominent player in the crypto space.

    Shiba Inu killer on the rise

    While Bitcoin dominates the headlines with its impressive performance, other cryptocurrencies are also poised for upward trends. Shiba Inu Killer (Rebel Satoshi), symbolized as $RBLZ, is garnering attention as a promising meme coin and potential challenger to Dogecoin. 

    With its upcoming presale and planned launch on the Ethereum network, Rebel Satoshi presents an exciting opportunity for investors to capitalize on the growing meme coin market. The Rebel Satoshi presale has sold over 123 million RBLZ tokens, raising approximately $1.8 million and nearing the $2 million milestone.

    The Rebel Satoshi presale presents an attractive investment opportunity for investors seeking exposure to promising cryptocurrency projects. Built on the Ethereum network, known for its security and reliability, Rebel Satoshi smart contracts have been audited by a top auditing firm, Source Hat, ensuring the safety of investors’ funds. This is why it is regarded as the best memecoin. 

    With the presale concluding on February 29, 2024, and the launch planned shortly after, now is the opportune time to consider investing in Rebel Satoshi ($RBLZ). The initial launch price for $RBLZ is set at 0.025, with previous rounds selling out quickly, highlighting the strong demand for this innovative project. The community is actively involved in developing the Rebel Satoshi ecosystem, with discussions underway for tier 1 centralized exchange (CEX) listings to enhance access and liquidity.

    Final Thoughts

    As Bitcoin continues its remarkable ascent, surpassing $2 trillion in market capitalization, the cryptocurrency market is brimming with optimism and opportunity. Alongside Bitcoin, altcoins like Polkadot and Rebel Satoshi ($RBLZ) are poised for upward trends, offering investors diverse options to explore in the ever-evolving digital asset landscape. 

    With the Rebel Satoshi presale nearing its conclusion, investors are encouraged to seize this opportunity and participate in one of the most exciting cryptocurrency projects of the year.

    For the latest updates and more information on the RBLZ presale, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

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  • Polkadot (DOT) gains 43%; Cardano (ADA) and InQubeta (QUBE) look promising

    Polkadot (DOT) gains 43%; Cardano (ADA) and InQubeta (QUBE) look promising

    Some are calling Polkadot (DOT) the best cryptocurrency to invest in right now after 43% gains last month. The project’s developers recently revealed plans to work with the Cardano (ADA) project to build a partner chain using Substrate, Polkadot’s SDK base.

    ADA has also enjoyed substantial growth lately with prices increasing by 55%. 

    Meanwhile, InQubeta (QUBE) is also being touted as the best cryptocurrency ICO to invest in as its presale sells over $7.1 million worth of tokens. The presale still has four more stages to go, yet early investors have already made 175% returns. 

    InQubeta (QUBE) creates an alternative way to invest in AI

    Going by the success of its presale so far, InQubeta has positioned itself as one of the best DeFi projects launched this year. Its success can be attributed to the fact that it looks to create an alternative way to invest in artificial intelligence (AI) giving investors who do not meet the income requirements of many traditional investment mediums an alternative way to partner with AI firms and earn profits as they grow. 

    InQubeta’s position as the first cryptocurrency decentralized finance project to focus on making AI investment more accessible positions it to enjoy exponential growth as over $1.5 trillion pours into the AI industry in the next several years. 

    Investing in AI today is like investing in companies like Netflix and Amazon during the early days of the internet revolution. Those who had the foresight to predict the tremendous impact these companies would have and invested appropriately have earned exponential returns. 

    The AI revolution is on course to reshape the world and it will create opportunities for investors to earn considerable returns. Investing in AI also provides some security against the uncertainties the technology will bring. You might end up losing your job to AI, but you won’t care because you’ve made life-changing profits by investing in AI. 

    How decentralized investing works on the InQubeta network

    InQubeta’s blockchain is deployed on the Ethereum (ETH) network, giving it the same security, transparency, and functionality. This allows for the creation of an investment ecosystem that swaps stocks with ERC20 coins. 

    These non-fungible tokens (NFTs) are made by startups looking to secure capital and are sold on the ecosystem’s marketplace. Investors can learn about the different items on the ERC20 token list on the marketplace and QUBE is used for all purchases. 

    Investors can hold on to their tokens as their value increases or they can resell them on the NFT marketplace at any time. 

    Polkadot (DOT) expected to enjoy considerable growth in 2024

    DOT prices have risen 29% in the past month, but it hasn’t enjoyed as much growth as many projects have since BTC went on its bull run. However, Polkadot’s utility positions the project for substantial growth in 2024 and beyond. 

    The project hosts a multichain-sharded protocol that connects specialized blockchains and allows for the transfer of data and assets. Its protocol was designed to help facilitate the foundation for a decentralized internet of blockchains. 

    Cardano (ADA) up 120% in 2023

    ADA price has struggled for most of 2023, hovering around the $0.25 mark, but prices have surged considerably in the past three months. The Cardano project is once again getting lots of attention from investors and that could push prices towards highs set in 2021. It wouldn’t be surprising if ADA prices surge as much as 4x in 2024.

    Conclusion

    QUBE, ADA, and DOT are among the top altcoins to buy as 2024 draws near. InQubeta leads the trio as far as their growth potential is concerned with some projections expecting 100x gains in 2024.

    For more about InQubeta and its ongoing presale, visit the InQubeta Presale website or join the InQubeta communities.

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  • Polkadot (DOT/USD) prediction as price embarks on a relief rally from the $4.2 bottom.

    Polkadot (DOT/USD) prediction as price embarks on a relief rally from the $4.2 bottom.

    • Polkadot had the second-highest development activity in 2022

    • DOT price has heavily disappointed since the 2021 ATH but has recovered lately

    • DOT faces resistance at $5 and may correct downwards

    Polkadot (DOT/USD) buyers are struggling to break above $5. A technical outlook shows the cryptocurrency has been rejected at the building resistance for the second day. However, Polkadot fans should be at least excited by a relief rally that has seen the price recover from the $4.2 bottom.

    If time is a true judge, then the Polkadot price has disappointed heavily. The cryptocurrency touched a high of nearly $56 in November 2021 and has since come crumbling. With a single-digit price now, DOT is a shell of its former self. 

    Although 2022 may have ended on a low note for DOT buyers, enthusiasts should be happy with the blockchain’s activity. Santiment data indicates that the blockchain had the highest development activity in the year after Cardano. Polkadot was followed by Cosmos blockchain, Ethereum, and Internet Computer in the top 5. That shows that the decline in the price of the native token wasn’t in any way signalling a falling popularity of the protocol. Rather, it was due to a sustained bearish market that has hit every cryptocurrency. 

    If you are considering buying DOT, you may have to wait until the throat clears. For short-term investors, a break above $5 is the needed confirmation.

    DOT price facing resistance at $5 and 50-day MA

    DOT/USD Chart by TradingView

    Based on the price action, DOT’s long-term momentum is still bearish. The short-term is bullish, with the RSI now in the bullish zone. However, DOT is facing resistance at the 50-day MA. The moving average coincides with the $5 resistance level.

    What happens next for DOT?

    A potential correction is looming for the DOT price at the current level if bulls do not recover above $5. If a breakout occurs, DOT could set the next target above $7, with minor corrections at $5.6 and $6.

    Where to buy DOT

    Plus500

    Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

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