Polygon ($MATIC) Faces Bearish Pressure; Kava ($KAVA) & InQubeta’s ($QUBE) Potential Boom Explained
Polygon ($MATIC) has faced strong bearish pressure since February, but it’s still one of the best cryptos to invest in right now. Prices have dropped from $1.50 to $0.52 since then, but support has been found at $0.50 and prices don’t seem to want to drop any lower than that.
Kava ($KAVA) has also been under lots of bearish pressure, but prices haven’t been as volatile as $MATIC’s. InQubeta ($QUBE), on the other hand, has defied bearish sentiments in the broader cryptocurrency space, raising over $3.7 million during the first half of its presale. Early investors have already increased their capital by close to 100% and those who invest in $QUBE now position themselves to earn 300% returns.
Best cryptos to invest in: InQubeta ($QUBE) set to boom 3x in coming months
The price changes that occur at each of the ten stages of the $QUBE presale have been one of the factors driving its presale success despite how bearish attitudes in the cryptocurrency space have been lately. InQubeta’s link to artificial intelligence (AI) has been another major factor driving investors to its presale.
Artificial intelligence (AI) has emerged as one of the hottest industries as its viability increased considerably in the past decade. The technology is now starting to play a substantial role in our lives and its role will only become bigger in the coming years.
Investors have been extremely bullish toward anything AI-related since 2015, with investments rising from $12 billion back then to $120 billion by 2022. Attitudes toward AI aren’t expected to change anytime soon and over $1.5 trillion will be funneled into the industry in the next several years.
The artificial intelligence industry is on course to be arguably the most impactful technological revolution in human history and it will create opportunities for investors to earn lots of profits.
How it works
Investing in the InQubeta ecosystem involves buying investment opportunities minted into non-fungible tokens (also called ERC20 coins). These tokens are made by startups to fundraise and perform the same functions as stocks. They appreciate as the firms behind them expand their operations and some give investors bonuses like discounts and profit sharing.
The non-fungible tokens made by fundraising firms are added to the ERC20 token list on the marketplace so investors can buy them with $QUBE. Investors can acquire $QUBE with debit cards, credit cards, or top crypto coins.
Polygon ($MATIC) due for a bull run
Polygon is an easy-to-use Ethereum scaling and infrastructure development platform. It hosts the Polygon SDK which allows developers to build a wide range of decentralized applications. The Polygon protocol turns the Ethereum network into a multi-chain system and enjoys its functionality.
TIME Magazine recognized Polygon as one of the 100 most influential companies worldwide as its platform facilitates the mainstream adoption of blockchain technology. This gives the project long-term growth potential so it’s only a matter of time before prices return to highs set earlier in the year.
Kava’s ($KAVA) struggles likely aren’t over
Kava hosts a layer-1 blockchain that shares the developer power of the Ethereum ($ETH) network and the interoperability and speed of the Cosmos ($ATOM) network. Prices are down 57% in the past year, but a clear support level is yet to be established.
This makes investing in Kava right now a risky proposition until attitudes toward the project change. Investors are better off choosing more profitable options like $QUBE which is set to grow 3x in the coming months.
InQubeta and Polygon are two of the best cryptos to invest in right now, but $QUBE offers investors more returns. The project’s link to AI and the $1.5 trillion set to be guided into AI virtually guarantee the project’s long-term success.