- Standard Chartered predicts a 2,100% uptick in Ethereum’s price by 2026.
- Dash, dYdX, and InQubeta see a spike in investor interest.
- InQubeta’s fascinating blend of AI and blockchain captivates investor interest.
In a noteworthy development in the crypto scene, a global bank forecasts Ethereum ($ETH) could explode by over 2,100%. This prediction by Standard Chartered, one of the largest banks in the world, has set the crypto community abuzz.
In addition to this revelation, investors can be seen taking a closer look at other projects showing signs of promise. Notable among them are Dash ($DASH), dYdX ($DYDX), and InQubeta (QUBE), which have seen a significant uptick in investor interest.
This article will delve into Ethereum’s bullish outlook and the growing interest in Dash, dYdX, and InQubeta. So, let’s get right into it.
InQubeta (QUBE): The Rising Contender
InQubeta’s ($QUBE) appeal lies in its convergence of two transformative technologies: artificial intelligence (AI) and blockchain. This innovative fusion will revolutionize the rapidly growing AI sector, contributing to soaring investor interest. As one of the new ICOs (initial coin offerings), InQubeta has staggering potential, raising a whopping $3.6 million in its ongoing presale.
As an intersection of AI and blockchain, its innovative concept revolves around the building of the first crowdfunding platform for AI startups. To put it differently, its novel approach will allow AI-based startups to raise funds through its native token, QUBE. Therefore, it seeks to reshape the fundraising landscape of the AI industry.
In addition, by utilizing NFTs and a fractional investment model, it aims to democratize access to the lucrative AI market. This fascinating project is currently in the fourth stage of its presale at $0.0133 per token. According to experts, it will soar by 15x before the end of 2023, making it the best new crypto to invest in.
Ethereum ($ETH): Bullish Price Forecast
Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, is creating considerable buzz with its recent forecast. According to Geoff Kendrick, an analyst at Standard Chartered, Ethereum could experience a 2,100% surge in the future. This prediction underscores profound confidence in its capabilities and potential, positioning it as a good crypto to buy.
According to CNBC, Kendrick’s bullish price forecast hinges on the increasing use cases and layer-2 scaling solutions built on Ethereum. Further, he proceeded by saying that layer-2 scaling solutions are likely to grow in importance over time. Consequently, Ethereum will cement its dominance in the smart contract space.
This bullish narrative revolves around Ethereum reaching the $8,000 mark by 2026. He concluded by saying this would be a stepping stone to the long-term valuation estimate of $26,000 to $35,000.
Dash ($DASH): Growing Interest
Dash ($DASH) is popularly referred to as “digital cash.” It was launched in 2014 as a fork of Litecoin (LTC). Its unique features include a fast, secure, and cheap global payment network.
Recently, it has been gaining traction for its unique proposition, which revolves around facilitating fast and low-cost transactions. Furthermore, Dash’s robust ecosystem has seen it gather interest among investors.
In addition, recent developments and partnerships have solidified its position in the crypto space. At the time of writing, Dash is a top 100 cryptocurrency and one of the best coins to invest in.
dYdX ($DYDX): Investor Favorite in the DeFi and L2 Niche
dYdX ($DYDX) is a key player in the layer-2 (L2) ecosystem. It serves as the governance token for the L2 non-custodial decentralized crypto exchange. With decentralized finance (DeFi) persisting to reshape the financial landscape, dYdX is at the forefront of this transformation.
As a governance token, dYdX is used to help run layer 2 and gives liquidity providers a say in the protocol’s future. In other words, token holders have the right to propose changes on the dYdX layer 2. Notably, token holders can also stake their holdings for passive income in addition to receiving trading fee discounts.
In light of its exceptional fundamentals, tangible use cases, and rising momentum, dYdX has captured investor interest. Therefore, it is positioned as one of the best cryptos to buy now.
Conclusion
The bold forecast for Ethereum can be attributed to its capabilities and potential. At the same time, the rising interest in Dash, dYdX, and InQubeta hinges on their unique value propositions and solid fundamentals. Hence, they are altcoins to watch out for in the crypto market.
