.png){kind=logo}
The year 2023 might be the global cryptocurrency market's golden moment after a difficult phase in 2022. The market has bounced back with enthusiasm and analysts are confident about it touching record highs in the next few months. Projected to grow at a CAGR of 11% over the next five years, the cryptocurrency market might well be the opportunity you've been looking for to make your first million. And, there are thousands of ways to do that. The variety offered by the cryptocurrency market lets you explore these digital assets to your heart's content.
However, if you are looking to grow your portfolio, a good place to start is with a high-utility token like InQubeta, which is an Ethereum-powered fundraising platform for startups working in the field of artificial intelligence. The platform enables startup founders to bag fundraising opportunities, while also helping potential investors to score genuine projects that leverage cutting-edge technology. The following list features InQubeta and five other crypto tokens recommended by analysts worldwide because of their potential for fast growth. These top crypto coins are among the hottest deals that the market has to offer currently, and will also diversify your portfolio.
InQuebta is no ordinary altcoin. It represents a unique opportunity that combines the capacity of technologies like blockchain and AI to build a growth engine. Under the InQubeta model, startups pitch their projects and they are then converted into NFTs at the platform's NFT marketplace. These NFTs are purchased by interested investors and the sale proceeds are then used by startups to fund their projects. Being a beginner cryptocurrency, it has a simple and user-friendly interface that's secured by Ethereum's smart contracts, ensuring that the entire experience remains hassle-free, which is a far cry from what startups usually have to face while looking for funding opportunities.
What makes InQubeta a good crypto to buy is its versatile native token QUBE, which is used for all transactional purposes on the platform. From staking to trading to making payments, there's not much you can do on InQuebta without the token, which is currently available on presale. This ico has gained a lot of popularity because of a rush of buyers who are eager to get their hands on the token.
Another reason why InQubeta is a top crypto to invest in is because of its deflationary model. In a deflationary model, the supply of the main token is kept on a tight leash by burning them in a 'burn wallet'. So, every time the token supply exceeds its demand, the team puts tokens in the burn wallet. A limited supply ensures that the price of the token doesn't fluctuate too often and you don't end up losing your hard-earned returns to market volatility.
Users should know if they ever plan on selling tokens they would have to pay a 5% tax. The majority of the tokens collected will go towards funding marketing campaigns and maintaining liquidity and reward pools, but a small portion would be sent to the burn wallet to keep the QUBE supply in control. Given these features, it's no wonder that so many analysts are putting InQubeta on their lists of best cryptocurrency ico.
Another USP of the InQubeta platform is that it enables its community members to contribute to its growth through its governance structure. All QUBE token holders get exclusive voting rights which can be used for voting for a proposal moved by a community member. Alternatively, token holders can also introduce proposals seeking the implementation of new features, additions, or project launches that can improve the InQubeta ecosystem. These proposals can deal with a wide range of topics including updates for the NFT marketplace, community-driven initiatives, or even marketing campaigns.
DigiToads is an innovative cryptocurrency platform that's built using a hybrid economic design. What's special about this framework is that it fuses three different crypto models. Hence, you get the utility of a meme coin, a Web 3.0 game, and a staking platform in a single platform. The token is ideal for someone looking to explore cryptocurrency for beginners as you get to access multiple options like staking, trading, or participating in play-to-earn games and earning passive income. DigiToads' native token is TOADS and it is used for all transactional purposes on the network. The token is built on the ERC-20 protocol and is used for distributing voting rights among community members.
If you had to pick DigiToads' most popular feature, it would probably be its Web 3.0 games where winners get to win TOADS tokens as a prize. In the game, players compete for the top positions on the leaderboard by beating competitors in a virtual swamp that's styled like an arena. Some challenges will test their mettle which is why they get to seek help from DigiToads — virtual creatures who are known for their superior strength and special abilities. One has the option of purchasing or trading these DigiToads. Using your TOADS tokens, you can also shop for potions and training equipment for these DigiToads. As each game lasts for a month, the winners are announced at the end of the month.
If you are a developer who's looking for a cryptocurrency for beginners, Arbitrum can be a good option to consider. It's a Layer 2 scaling solution for dApps, virtual machines, and other kinds of decentralized infrastructures powered by the Ethereum network. Its native token ARB is the primary cryptocurrency on the network. The token is also used for governance and providing voting rights to community members so that they can participate in the decision-making process. Earlier in March, Arbitrum hit the headlines after it announced its airdrop of ARB tokens. As part of its plan, Arbitrum would be setting aside 12.75% of its tokens for airdropping. These crypto rewards will be airdropped into the wallets of early ARB holders and DAOs building on the network.
By leveraging optimistic rollups, Arbitrum has managed to create a lot of publicity in a short period. Another advantage that it has over other alternatives is its enhanced compatibility, as developers can deploy any Ethereum-compatible dApps on Arbitrum without making any changes in the code as the platform supports unmodified EVM smart contracts. Next, it offers high scalability and can process thousands of transactions in a second without compromising security.
Sui is among the new altcoins that have gained global recognition with their high-end functionality. It has been designed as a Layer 1 blockchain that enables developers to experience complete freedom while innovating with a set of cutting-edge Web 3.0 tools. Its native token is SUI which is the medium of exchange on the network and is used for all transactional purposes like staking or trading. Sui's object-centric model is one of the main draws of the platform which is also why so many developers seem to prefer it for building on-chain assets. Under the model, objects rather than user accounts are considered individual units of data storage. These objects are programmable and hence have specific traits. In other words, they are assets that any entry-level user holds. Also, these objects and their attributes are not stored on-chain but are secured via a smart contract.
Polygon is an ideal choice for a beginner cryptocurrency if you are looking for a cryptocurrency that has been around for a while. Rolled out in 2017, Polygon is another scaling solution for Ethereum-compatible dApps and virtual machines. Its native token is MATIC which is used for dealing with all kinds of transactional purposes on the network. To offer an enhanced level of functionality, Polygon leverages optimistic rollup chains, standalone chains, and ZK rollup chains, among other options. With these tools, Polygon enables developers to transform their Ethereum-based dApps into multi-chain interfaces. As far as the consensus mechanism goes, Polygon banks on a customized version of the Plasma framework that is built on the proof-of-stake algorithm and can be deployed on the Ethereum mainnet.
Cardano is one of the top crypto coins that has been driving impact in the Web 3.0 industry with a set of next-generation features built using an evidence-based methodology backed by peer-reviewed research. The open-source platform draws its functionality from the Ouroboros blockchain protocol that lends unparalleled utility, scalability, and security to dApps. Its native token is ADA which is used for all kinds of transactional purposes on the network. What's more, the ADA token is also the platform's governance token which means token holders get voting rights to vote for proposals recommending important changes in the software and code architecture. Its compelling features equip developers with the right tools to add modularity to the dApps they build with Cardano.
The above-mentioned cryptocurrencies are among the best that you will find in the international market. These top crypto coins have carved a niche for themselves by striking a balance between functionality and versatility. Irrespective of how experienced you are as a crypto user or a trader, you can explore them with ease, all thanks to their user-friendly interfaces.
Having said that, there is only one cryptocurrency amongst these six that has also won the vote of confidence of crypto analysts — InQubeta. The decentralized fundraising network has been getting stellar reviews for its power-packed features that have also been lauded by startup founders. As far as future returns go, analysts feel that the QUBE token will be maintaining the momentum that it has shown in its presale stage. In the coming months, experts feel that the token has the potential to soar by almost 40x. That being said, it is advisable for one to do some research before choosing any crypto project, as market conditions are always changing.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
