It’s been four months of intense volatility this year, with prices expected to fly now Bitcoin (BTC) has completed its fourth halving. With optimism back and confidence on the rise, a top analyst shared his price outlook for Cardano (ADA) and Shiba Inu (SHIB). Unsurprisingly, their stance was positive.
Meanwhile, a new player has burst into the crypto scene, with rumors about its bullish outlook making the rounds. Standing at the intersection of AI and blockchain, InQubeta (QUBE), a newly launched AI altcoin, is quickly becoming an investor favorite. In some quarters, it has been praised as the best new crypto to invest in. But is it?
InQubeta (QUBE): The Best New Crypto to Buy Now?
InQubeta (QUBE) has been seeing massive investor interest since launching on leading DEX and CEX, Uniswap and MEXC, respectively. Its presale phase wasn’t any different either, raising a staggering $13.6 million in early funding. As a new altcoin that combines the best of AI and blockchain, its promising outlook is deserving—on the cusp of skyrocketing.
Before discussing its growth prospects, let’s take a slight detour and explore its unique offerings. Navigating uncharted waters, it will employ blockchain technology to reshape the fundraising landscape of the AI sector by building the first-ever crypto-based crowdfunding platform for tech startups. This approach will solve fundraising challenges, setting it on a bullish path.
With adoption imminent, its upside potential is through the roof. A prominent analyst predicts a 50x rally in the next six months as the bull market shifts gears and the AI frenzy picks up steam. With AI as the narrative to lead this bull market, InQubeta is among the altcoins to watch out for, ahead of Shiba Inu and Cardano.
Cardano (ADA): Road to $1
Cardano (ADA) is a fundamentally strong altcoin, playing a critical role in the crypto landscape. While memecoins are known for their lightheartedness and whimsical nature, ADA has real-world use cases, functioning as a smart contract and blockchain platform. Its DeFi (decentralized finance) solution makes it a popular player in the crypto scene.
Bearing the above in mind, it comes as no surprise that Cardano has risen to the ranks of the top altcoins and one of the best altcoins. With confidence on the rise post-BTC halving, a prominent analyst shared their next target for ADA, predicting a rise to $1—a psychological level—in the coming weeks.
Its next big jump will be fueled by Bitcoin’s rise above $70,000, which is just around the corner. This makes Cardano a compelling addition to crypto portfolios, perhaps ahead of new altcoins like Starknet, Wormhole and DYM.
Shiba Inu (SHIB): A Promising Outlook
Shiba Inu (SHIB) is a fun-inspired and lighthearted cryptocurrency. One of the best meme coins. It leads the memecoin charge on the Ethereum blockchain and plays second fiddle to Dogecoin (DOGE) in the meme ecosystem. Given its leading status and promising outlook, SHIB is among the best cryptos to buy now.
Buzzing with potential, a prominent analyst shared his price outlook for Shiba Inu—his next target—predicting a jump to $0.00003. At its current price, it is a good crypto to buy; there is no promise of generational wealth, though. Consider buying new 100x gems instead.
With 2024 bullish, Shiba Inu’s outlook for the rest of the year is positive. We might likely see a new all-time high (ATH) before the curtain closes on the year, positioning it as one of the best altcoins to invest in. The icing on the cake is its low entry point, meaning in the quest for massive gains, investors don’t have to break the bank—a budget-friendly altcoin.
Conclusion
The promising outlooks shared by a top analyst for Cardano, Shiba Inu and InQubeta make them promising altcoins not to miss out on, especially QUBE. As a new and promising AI altcoin, its growth potential is unparalleled, making it a compelling way to position for life-changing gains.
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