Sunday, 24 November 2024
Trending

Crypto News

analyzing the current state of LTC amid the rise of this AI Altcoin

analyzing the current state of LTC amid the rise of this AI Altcoin

Litecoin (LTC) is popularly known as a Bitcoin (BTC) fork. While the two share several similarities, LTC was designed to be lighter, amidst other key differences. 

In this post, we will analyze the current state of Litecoin, including what makes it a good crypto to buy. Further, we will explain the growing interest in a new AI altcoin, InQubeta (QUBE).

InQubeta (QUBE): Potential 1,250% Price Rise

InQubeta is making waves within the crypto space solidifying its position as one of the best 2023 ICOs after raising over $6.7 million during its ongoing presale. 

InQubeta is unique for several reasons, chief among them being its staggering growth potential and innovative concept.

InQubeta lies at the intersection of the crypto and AI industries. It aims to solve a key challenge in the AI sector—fundraising—by leveraging the power of blockchain. You might be wondering, how? It will become the first crowdfunding platform for AI startups via cryptocurrency. 

AI startups will create investment possibilities that are modelled as equity-based NFTs to raise capital. These NFTs will be made available to investors, which will give them stakes in AI ventures.

This presale is currently in the sixth stage, and a token costs only $0.01925. By the time the presale comes to an end, the price of QUBE is expected to rise by 1,250% following the frequent price rises as the presale progresses.

Litecoin (LTC) token update

Litecoin (LTC) was created as a fork of Bitcoin. Changes were made to the Bitcoin blockchain, and voila, Litecoin came into existence. It was created in 2011 by Charlie Lee, intending it to be a lite version of BTC.

With its all-time high of $412, Litecoin has incredible upward potential. The fact that 58% of the total investors are long-term holders indicates a strong level of trust. Furthermore, more than 97% of investors have between $0 and $1,000 worth of Litecoin, demonstrating robust retail involvement.

Given the above, LTC is among the best coins to invest in. According to a popular analyst, LTC will cross $85 before the end of 2023. If you wish to position yourself for profit, it is a great coin to consider.

Conclusion

One of the best coins to invest in at the moment is Litecoin. Strong retail participation and the bulk of holders being long-term holders provide ample opportunity for growth. InQubeta is another token that has…

Click Here to Read the Full Original Article at CoinJournal: Latest Bitcoin, Ethereum & Crypto News…