BlockDAG Network Targets Bitcoin ETF Led Surge with X Series Miner Range as InQubeta Surges and BTC Stabilises at $42K
A Bitcoin boom is taking place in the market. The U.S. Securities and Exchange Commission (SEC) has said yes to Bitcoin ETFs. This big change will affect old crypto fans. But what about new cryptocurrencies like BlockDAG Network and InQubeta (QUBE)? Let's check out what might happen and why BlockDAG (BDAG) looks very promising, especially since its presale raised $1 million in just one day.
Can Bitcoin Hit $100,000?
The first cryptocurrency is poised to go through some major adjustments. As Bitcoin ETFs become available, more typical individuals may begin to invest in the cryptocurrency. Investors are already intrigued, and one can sense it. Grayscale Bitcoin Trust already had $26 billion in assets before the currency gained popularity.
Of course, there are concerns about the crypto market's capacity to manage such high interest. However, major firms like BlackRock, Grayscale, Fidelity, and Galaxy/Invesco are poised to get in. They will utilize authorized participants (APs) and market makers to ensure that everything runs smoothly and correctly. It's like a team effort to control pricing and trading smoothly.
The cryptocurrency industry is eager to witness the new peak of BTC and hoping for more. Marshall Beard, chief strategy officer at cryptocurrency exchange Gemini, believes Bitcoin to break its all-time highs this year. He even said, "$100,000 price figure is a "interesting number if bitcoin gets to its previous record high of near $69,000." As we all know, Bitcoin has rallied 80% plus more since the start of this year. With massive and unexpected gains, it has surely surpassed several other major assets and set huge returns for those who have bought it during dips.
InQubeta: NFTs for AI Fundraising
More than just a platform, InQubeta's NFT-led ecosystem provides a dynamic environment where AI start-ups may raise capital and deliver prizes and equity-based NFTs. These NFTs, which offer fractionalized investment possibilities, allow investors to engage in initiatives that correspond with their budget. This project has managed to gain over $8.2 million in its ongoing presale.
The QUBE token promotes itself as an investment opportunity for people who wish to support the expansion of AI technology start-ups. According to their whitepaper, the intentional 2% charge on all transactions creates a burn wallet, which increases the token's value over time. Furthermore, the 5% sale tax enriches a special reward fund, allowing investors to receive incentives for staking.
BlockDAG Network : How Fast Can We Move to the Future?
When discussing being at the top, BlockDAG, with its brand-new initiative, is progressing quickly toward its goals, having raised $1 million in 24 hours and has set an ambitious goal of generating $600 million in the current fiscal year, 2024. That's a huge promise, but they're making good use of their time by planning and working hard to launch their mainnet in six months.
BlockDAG has developed an ambitious framework for an ecosystem that exceeds traditional blockchain capabilities. It aims to incorporate complex smart contract features, novel wallet technologies, and pioneering applications by utilizing the scalable and secure aspects of Directed Acyclic Graph (DAG) technology.
The project is motivated to bring significant changes to the market, particularly in the mining business. It also released three cryptocurrency mining rigs and mobile mining software, which are easy to use for all users and can potentially drive the industry to new heights.
Bitcoin ETFs Triggering High Expectations
To wrap things up, Bitcoin ETF just got approved, and that necessarily impacts seasoned crypto enthusiasts and newcomers. InQubeta is meant to grow and has some fresh ideas to help push it forward. And BlockDAG has appeared and started running at an unprecedented speed. It intends to move even faster after the $1 million presale starts. Remarkable features, breathtaking presale, and indomitable mining rigs. That’s what takes BlockDAG to the top.
Invest in BlockDAG Presale:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu