Bitcoin price surged significantly by 15.7% in the first week of December, making its all-time yearly high above $44,000. This BTC price action has of course led to a spike in ETH price too, as it surpassed $2,100 in the same week.
In this rally, many coins are exploding but many experts see Ethereum (ETH), Celestia (TIA) and InQubeta as a must buy… let’s explore why.
Ethereum Economic Forecast
Ethereum is currently the leader of dApp development for several reasons. Building on Ethereum makes it easy to launch projects and reduce programming times. Ethereum leads network effects from its technologists who remain committed and loyal to maintaining the network. Ethereum is known as a reliable experience for dApp developers.
Ethereum is pumping hard and is now trading above $2240. If Bitcoin stays at its current level, there is an expectation it may pass through $2500 soon. Ethereum shows a falling wedge bullish pattern, which should result in a price surge.
As the largest asset manager in the world, BlackRock is now backing Ethereum alongside Bitcoin, which is creating hype in the market. If we look at ETH’s current market, its previous price cycles and fundamentals in comparison to Bitcoin, there is speculation that ETH’s price could go up to $42,000. But the realistic approach for ETH price is a minimum of $10,000.
Bitcoin and Ethereum are two different assets, with different tokenomics and use cases. One is digital gold, the other aims to be a source of continued innovation.
Celestia: The first modular blockchain network
Celestia has experienced a slow start concerning its on-chain activity but it is 350% higher since its launch. In the first couple of days of the launch, Celestia facilitated hundreds of thousands of transactions, which is remarkable. Celestia TPS is 0.13 which makes it lighting fast.
Celestia’s competitors in providing data availability services to Ethereum rollups are NEAR and Arbitrum. Celestia allows network nodes to store, download, and order transaction information for verification. There are only 141 million tokens of the 1 billion hard-cap in circulation, and most of the supply is being held up till October 2024 and October 2026.
InQubeta: Catalyzing a New Era of AI Startup Investment
Amidst the upheaval in traditional financial systems, InQubeta stands as an inventive force, transforming the landscape of beginner crypto startup investment. At its core lies the ingenious QUBE token, offering beginner cryptocurrency, as well as experienced investors, fractional investment opportunities in exciting AI ventures.
This democratized approach grants a wider spectrum of investors access to groundbreaking projects, dissolving the barriers to entry that have traditionally favored established players. However, InQubeta’s invention doesn’t stop here. By ingeniously incorporating Non-Fungible Tokens (NFTs), the platform pioneers reward and equity-based NFTs, fostering a unique synergy between investors and startups.
This mechanism promotes shared growth, as investors gain not only financial returns but also a vested interest in the success of the projects they support. InQubeta emerges as a bridge, linking visionary AI startups with a diverse array of supporters, ultimately cultivating an ecosystem of collaboration and progress.
Beyond just beginner cryptocurrency investments, InQubeta provides a range of educational resources on how to start with cryptocurrency. Their platform even assists individuals in understanding what crypto to buy for their investment goals.
In the realm of NFTs, InQubeta leads the way by curating a selection of the most popular NFTs and the best NFTs to invest in. The platform helps users identify trending NFTs and offers insights into which NFT to buy now for optimal returns. As NFTs gain prominence, InQubeta serves as a guide for those wondering what NFTs to buy, presenting options for the best NFT to invest in.
Conclusion
As long as Bitcoin remains above 40k, great projects like Ethereum, Celestia and InQubeta are likely to see big returns, as the markets continue to develop into the next potential bull market.
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