Litecoin is a Bitcoin fork created by Charlie Lee, a former Google employee. Litecoin has some core changes though, such as a block time that is four times as long and a supply cap that is four times as large compared with BTC.
In the recent pre-halving rally, coins like Litecoin received a 3% price gain in just 24 hours, while other projects like Monero and the promising InQubeta received a funding boost.
Litecoin (LTC) Records 3%+ Price Gain in 24 Hours
After Litecoin’s (LTC) halving event, it emerged as the top-performing cryptocurrency in November 2022. Litecoin has also gained a bit of momentum with a 3% increase in price. According to analysts, it will have a sideways movement for a while.
Altcoin price in general has not been doing much for months now. As a bull run is coming, with the market cap and low usage of LTC, it is not the “top crypto to buy” for now – but it is definitely one to look out for after the recent price gain.
Monero (XMR)
Monero (XMR) is a privacy-focused cryptocurrency that allows untraceable transactions, with regular protocol changes to its mining algorithm and every other feature, every six months.
It is a very promising cryptocurrency that received new funding but performed poorly in the recent rally. The community is losing its trust, and it has been forming a bearish pattern for a while. The last time XMR saw a surge in price of 8.66% was on October 30th, as it gained an ECB (European Central Bank) boost. It happened due to the European Central Bank’s Central Bank Digital Currency program (CBDC), which gave it a boost in price. At that time, it was still among the top 10 altcoins but is now fading a little.
InQubeta: Transforming Investment in AI Startups
Amidst the volatility of the crypto market in 2023,InQubeta (QUBE) has emerged as the best cryptocurrency to invest in. InQubeta is not just another cryptocurrency; it represents the world’s first crypto crowdfunding platform that specializes in fractional investments in cutting-edge AI startups, facilitated by the QUBE token.
InQubeta introduces a groundbreaking method for funding AI startups by fractionalizing investment opportunities into NFTs (Non-Fungible Tokens). This approach allows investors, regardless of their financial capacity, to participate in the growth of AI technology.
Potential investors can seamlessly explore, evaluate, and select NFTs that align with their investment objectives. While this platform doesn’t deal with traditional cryptocurrencies, it offers a unique avenue for those looking to diversify their crypto portfolios. Investors need to research and understand the best crypto to invest in before venturing into NFTs or any other alternative crypto assets.
InQubeta acts as a bridge between investors and AI startups, making AI invention more accessible. By supporting these startups, investors not only stand to benefit financially but also contribute to the advancement of AI technology.
QUBE serves a dual purpose as a governance token, granting holders the ability to actively participate in the platform’s decision-making processes. This governance structure ensures that the InQubeta community has a voice in the platform’s development, fostering a democratic and community-driven ecosystem.
Conclusion
Litecoin and Monero have had mixed outcomes in the crypto market. Litecoin has had some gains but is still showing uncertain direction. Monero is losing the confidence of the community because of its lackluster performance but received recent funding. Meanwhile, InQubeta’s QUBE token, due to its focus on AI startup investments, is emerging as a notable player in the market.
