Investor’s Watchlist: The Most Exciting Cryptocurrencies to Acquire in 2023

The post Investor’s Watchlist: The Most Exciting Cryptocurrencies to Acquire in 2023 appeared first on Coinpedia Fintech News
If you feel that you haven’t made any headway with your financial goals even though we are halfway through 2023, it’s time you considered cryptocurrencies. These digital assets are cost-effective, have been posting impressive market returns, and are trusted by a 420 million-strong user base that’s spread across the globe. In addition, the cryptocurrency industry’s market capitalization at the end of the first quarter of 2023 stood at $1.2 trillion.
What makes the deal even more interesting is the choices that you have. You don’t have to stick to plain vanilla financial instruments when you can have an interesting mix of features. Take the example of InQuebta (QUBE) – an Ethereum-powered coin that is among the new altcoins of 2023 and has taken the market by surprise with its presale growth.
The cryptocurrency has been designed as a decentralized platform where startups working in the field of artificial intelligence can score genuine investment opportunities. The platform has been receiving rave reviews because of its nuanced model that addresses a structural problem of the startup industry. Also, the state-of-the-art model paves the way for innovation to catalyze the decentralized finance ecosystem. The following list features six other cryptocurrencies which, like InQuebta, are expected to post dazzling returns in 2023.
1. InQubeta: The combined power of AI and DeFi
At a time when AI has evolved as a pioneering technology with widespread application across industries, cryptocurrencies leveraging its potential can drive great impact not just for its users but the DeFi ecosystem as well. InQubeta sports a user-friendly interface which means that, be it an experienced user or a newbie, everyone can enjoy its features without any hassles. It enables startups to bring their ideas to life without letting a lack of funds inhibit their growth. As useful as the platform is for AI startups, it’s also a one-of-a-kind facility for potential investors who get to explore promising projects much before they hit the mainstream market and benefit from the early bird advantage. It has achieved a lot of interest from buyers, and analysts have frequently included QUBE in the list of hottest ICOs of 2023.
The platform has rolled out a native token called QUBE which is powered by the ERC-20 protocol and is used for various transactional purposes on the network. These use cases include staking, vesting, governance, paying taxes, and funding marketing campaigns. The QUBE token can be bought on presale and its presale process has been split into ten stages. What’s more, is that the ico has collected over $500k in presale funding even though it’s just halfway through its first presale stage.
Users should keep in mind that the tokens bought in the cryptocurrency ico will not be accessible immediately after purchase as they will be locked for 12 weeks. Buyers will get them back only after the vesting period ends. The InQubeta team claims that a vesting period helps it spread the release of tokens. Otherwise, it would have to dump the coins in one go and risk a glut in the market. According to the team, a vesting period also boosts the public’s confidence in the token and creates a conducive environment for buyers.
Another feature of the cryptocurrency that has inspired a lot of buyers to explore the QUBE tokens is its security framework. Backed by the efficiency of Ethereum’s smart contracts, InQubeta has been audited by leading security firms like Hacken and BlockAudit.
Startups who are interested in landing funding with InQubeta would first have to decide on what they would like to offer the investors in exchange for investing in their company. This might be an equity share or an equivalent reward level and will be represented as NFTs. The NFTs created by startups are uploaded on InQubeta’s NFT marketplace where potential investors can evaluate them.
The NFTs can be fractionalized, so investors have the option of buying fractions of these digital assets and staying within their budget. After the transaction is processed, the proceeds go to the startup.
2. DigiToads: The power of three tokens in one
DigiToads is a next-generation cryptocurrency that features the functionality of three different cryptocurrencies – a meme coin, a staking portal, and a play-to-earn game. The three-in-one model enables DigiToads’ users to access a multitude of opportunities on a single platform, be it staking, trading tokens, or winning cryptocurrencies in trading competitions.
The platform has a native token called TOADS and it’s the medium of exchange on the network. The token is powered by the ERC-20 protocol and is also the governance token of the platform.
For many users, DigiToads is a good crypto to buy because of its exciting Web 3.0 game which has a lucrative rewards system. Every game season will last for a month, so you have 12 chances in a year to win the game.
Also, there is not just one winner. Every season, the top 25% scorers of the game are selected as winners and rewarded with TOADS tokens. To win the game, the players have to outdo their competitors in a Metaverse swamp and face challenges. They can buy digital creatures called DigiToads to help them out as they have superior strength and unique powers.
3. Eldarune: Where thrilling gameplay meets stellar graphics
Eldarune is among the new altcoins that have been blazing a trail with their utility-packed features. Designed as a role-playing Web 3.0 game, Eldarune managed to garner an impressive fan base shortly after its launch. The game has a native token called ELDA which is used for all transactional uses including purchasing in-game assets like wearables and avatars on the platform.
Also, the ELDA token is a deflationary cryptocurrency which means that it shields your returns against market volatility and price fluctuations. It’s powered by AI and the game lights up your screen with 4K graphics. The other earning opportunities that you can enjoy on Eldarune include yield farming and the staking of tokens.
4. Sui: The new way to own on-chain assets
If you are looking for a top crypto to invest in, Sui is worth considering. The Layer 1 blockchain has been making waves in the cryptocurrency market with its cutting-edge features that redefine on-chain ownership, all thanks to its object-centric model. In an object-centric model, objects and not users’ accounts are treated as the basic unit of data storage. These objects have attributes and are programmable.
Developers can create and manage these objects to build powerful dApps cost-effectively. The platform has a native token called SUI which is the primary cryptocurrency on the network. Sui’s other features like parallel processing of transactions ensure a high throughput while horizontal scaling ensures developers don’t have to pay high fees even when the demand surges.
5. Arbitrum: Ramping up Ethereum’s potential
Arbitrum is a Layer 2 solution for scaling Ethereum-friendly dApps and decentralized services. The Layer 2 blockchain has a native token that’s called ARB and it’s used for a wide array of transactional use cases on the network. The credit for Arbitrum’s high-end efficiency goes to the optimistic rollups that it leverages. These rollups boost Arbitrum’s throughput, scalability, and security while lowering the gas fee.
Being compatible with multiple blockchains, Arbitrum facilitates the seamless transfer of assets and data. One key advantage of using Arbitrum is that developers can run any Ethereum-friendly dApp on the network without making any changes in the code. This is possible because Arbitrum supports unmodified transactions and EVM contracts.
6. Tenet: Innovating through liquid staking derivatives
Tenet is a Layer-1 platform dedicated to liquid staking derivatives (LSD) that can unlock liquidity while boosting yields securely. Its native token is TENET and it’s the medium of exchange on the network. It features a top-notch security framework, and leverages the proof-of-stake consensus algorithm. Its diversified verification process uses LSDs of blockchain networks to participate in the validation of transactions. Under Tenet’s staking mechanism, staking positions are represented as Liquid LSDs and can be used for voting for escrow tokens. Tenet has also rolled out a Web 3.0 wallet, Eva, which is designed to make the onboarding process seamless.
7. Polygon: The best scaling tool for Ethereum-compatible dApps
Polygon is among the top crypto coins in today’s market. Its claim to fame is its suite of cutting-edge tools for scaling Ethereum-based dApps and other decentralized systems. Its native token is MATIC which is the primary cryptocurrency on the network. It offers developers a modular and flexible range of tools that can support multiple types of dApps.
With Polygon, developers can deploy a wide range of decentralized infrastructure that includes Zk rollup chains, standalone blockchains, optimistic rollup chains, and decentralized identities.
For its consensus mechanism, Polygon combines the proof-of-stake protocol with the Plasma Framework and it facilitates seamless execution of autonomous and scalable smart contracts.
Conclusion
These seven cryptocurrencies are some of the most dependable options in today’s market, and will help you avoid struggling to decide which crypto to buy today for the long term. They are powerhouses of features and have a clear community-centric focus that prioritizes users’ welfare and security. While these crypto projects have their distinct USPs, for a lot of analysts InQuebeta has leverage over other coins due to its higher growth potential.
With an industry-linked use case, InQubeta is well-positioned to drive sector-wide impact for startups, and revolutionize the industry. At the same time, its focus on promoting AI innovation helps it leverage future-ready opportunities. The analysts who have reviewed the QUBE token feel that it can empower its users in earning long-term gains and building a sustained source of residual income. Many analysts have predicted a rapid rise for the QUBE token in the long term.
While these projections are promising, one should always remember that they might change over time due to economic uncertainty or market volatility. Hence, it’s always advisable for crypto users to read up or research a cryptocurrency before buying its token. Thorough research will help users in understanding potential risks associated with a token and make well-informed decisions.