The long-awaited Bitcoin (BTC) blockchain halving event finally took place on April 19, halving the supply of new tokens. Unfortunately, the tremendous price surge expected to occur in the previous days never materialized, and BTC price now hovers around the $64.000 support level.
This is not to say that BTC cannot enjoy exponential price growth before the end of the year. Some analysts blame the failure of the BTC price to see substantial increases in tokens being overbought due to the buying frenzy caused by people who invested in BTC ETFs when the new asset class was initially launched.
While Bitcoin investors continue to look for signs of a rally on price charts, early investors by InQubeta (QUBE) have achieved 340% returns on their initial investments as tokens become available on Uniswap (UNI) and MEXC. It's a first for the project's next phase of development after its presale exceeded expectations and raised more than $13,6 million.
The emerging cryptocurrencies InQubeta (QUBE) is still generating a lot of investor interest
Investor interest in InQubeta it has only intensified now that tokens are available on exchanges. QUBE is now priced at $0,0308, but its price is projected to reach a few dollars before the end of the year. The solution that the crypto crowdfunding project seeks to offer investors has been the main driving force behind the interest that InQubeta has managed to generate among cryptocurrency investors.
InQubeta is now one step closer to launching its decentralized finance space, which will make investment opportunities in the area of artificial intelligence (AI) accessible to everyone. Its ecosystem will democratize access to AI investments for everyone who wants to be part of what many, like US President Joe Biden, hope will be the most significant technological advancement in more than 50 years.
Easier access to AI investments
The InQubeta ecosystem, which runs on the Ethereum (ETH) network, will give AI startups easier access to funding, allowing them to tokenize any investment opportunities they have to offer investors in non-fungible tokens ( NFTs ). It is already highlighted as one of the best DeFi cryptos already released.
These tokens replace InQubeta shares and perform very similar functions. They offer digital proof of reward and stock investment opportunities.
Investors and fundraising companies connect in the market NFT , where information is provided about the many investment opportunities and the companies that offer them. Users can partner with any startup they believe in, purchasing shares of ERC20 coins manufactured by these companies.
It is an efficient, safe and transparent investment space that offers a lot of liquidity as investors can resell any tokens they acquire on the market NFT.
Bitcoin (BTC) completes fourth halving event
The last reduction in blockchain of Bitcoin halving reduced miners' reward for solving blocks from 6,25 BTC to 3,125. The event did not significantly change the BTC price, as prices hover around the $64.000 support level, which has been the case for most of the last two weeks.
The latest halving now reduces the daily supply of new BTC from around 900 to 450 per day. Given the price movement patterns caused by previous halving events, the impact of the supply cut will only be fully felt a year from now. Some analysts believe that the BTC price will rise to $450.000 by this time in 2025.
Summary
Although bears have dominated the cryptocurrency space in recent weeks, the BTC price will probably set another new all-time high ( ATH ) at some point this year, given how well its price has held above the $60.000 support level since its current The ATH it was set on March 14th.
O BTC price It could still double by 2024, but that's nothing compared to the 10.000% boost QUBE stands to enjoy by opening up access to AI investments.
