Avalanche Users Spend $4M+ in Inscription Fees; Emerging AI Altcoin Aims for $10M in Presale Funding

InQubeta (QUBE) is one of the best altcoins to buy right now as its presale is on course to break the $10 million milestone. Over $7.6 million has been raised so far as the new DeFi project aims to make investing in artificial intelligence (AI) a lot easier. 

Avalanche (AVAX) has also been getting lots of attention lately as it has earned investors 114% profits in the past week. The recent price growth is largely credited to increased activity on its network that has led to users incurring over $4 million in transaction fees in five days. Most of these fees are attributed to the use of Inscriptions to create non-fungible tokens (NFTs) and tokens. 

Best altcoins to buy: InQubeta (QUBE) is off to an excellent start with presale success

InQubeta's presale success is another sign of the exponential growth the AI industry is expected to enjoy in the coming years. InQubeta, along with other AI-focused cryptos, has enjoyed considerable growth in 2023, earning early investors 175% returns. QUBE tokens are set for 60% more growth before tokens are released on exchanges. 

InQubeta providing easier access to AI investments compared to traditional investment mediums positions the project for substantial growth as investments in artificial intelligence grow greatly. More than $1.5 trillion is expected to be invested in AI by 2030 and InQubeta's investment ecosystem positions it for considerable growth as it helps to guide funds to companies looking to advance AI. 

Investing in AI today positions investors to earn significant returns in the future as the technology's viability increases. They can expect to earn comparable returns to what those who invested in companies like Amazon during the internet's early days have enjoyed. 

Here's what investing looks like in InQubeta's ecosystem:

• AI startups can raise the capital they need for their operations by creating NFTs, or ERC20 coins, with investment opportunities minted into them. Think of these as the crypto version of stocks

• NFTs are posted to the ERC20 token list on the marketplace where investors have access to them and information about their makers

• The ecosystem's native token, QUBE, is used for all purchases on the marketplace. Investors gain control over their tokens once deals are done and they can resell them on the marketplace whenever they choose

InQubeta investors also have the option of backing the ecosystem directly by holding on to QUBE. Hodlers can stake their bags to earn more QUBE periodically and they also get a vote regarding matters that affect the ecosystem. 

InQubeta has a 1.5 billion cap on QUBE's supply and burn taxes further cut down the supply. The project would only need to raise a $1.5 billion market cap for tokens to be priced at a dollar. Meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) have been able to raise $4.5 billion and $9 billion market caps respectively, so there's no reason why a high utility project like InQubeta shouldn't accomplish that feat in a couple of years. 

Increasing Inscriptions fees sends Avalanche (AVAX) prices upward

Inscriptions are gaining popularity on other blockchains like Polygon (MATIC) and Arbitrum (ARB) after being initially popularized on the Bitcoin (BTC) blockchain. The protocol allows users to bring Ethereum-like functionality to other blockchains, including the creation of non-fungible tokens and smart contracts. 

The Avalanche network has now processed over 63 million transactions related to inscriptions as it gains popularity in its ecosystem. AVAX prices are now up 287% for the year thanks to the recent boost. 

Summary

QUBE and AVAX are two of the best altcoins to buy right now. AVAX could enjoy even more than the close to 3x growth it has enjoyed in 2023, while QUBE prices are expected to shoot up as high as 100x once launched. 

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