Cardano (ADA) is one of the top altcoins to watch as the project has enjoyed the most growth it has had since the 2022 crash in the past couple of months. ADA prices are up 50% in the past 30 days, but a massive pullback that occurred on Dec. 11 took away about 8% of its gains.
Cardano whales who are unsure of what direction prices will go next are now eying the new DeFi project InQubeta (QUBE). InQubeta is the first crowdfunding cryptocurrency project to focus on creating an easier way to invest in artificial intelligence (AI).
The 175% gains early QUBE investors have earned have made it one of the top altcoins to invest in, and that’s one of the reasons a growing number of Cardano investors are now flocking to its presale.
Top altcoins to watch: InQubeta (QUBE) attracting Cardano whales
Artificial intelligence is on course to reshape the world, so it’s not surprising that a growing number of investors are choosing to tether themselves to what might end up being the most significant technological advancement in history.
AI has gone from a cool science concept to a reality in the past decade. Autonomous taxis now operate in the San Francisco area and companies like Amazon are already testing out humanoid robots in their warehouses.
InQubeta solves one of the biggest issues investors looking to be part of the AI revolution face: not having access to traditional investment channels due to not meeting their income or geographic requirements. It allows anyone who wants to invest in the technology to easily do so and earn the profits such investment brings.
Cardano (ADA) investors search for more profitable options
Cardano has been on an impressive bull run in the past month with prices rising 50%, but there was a substantial decline on Dec. 11, leading to an 8% drop in prices. The massive correction was seen across the cryptocurrency space, but top crypto coins like Bitcoin (BTC) and Ethereum (ETH) only saw a 6% decline.
Cardano’s open interest also declined by 14%, a sign of investors cashing out their bags. The uncertainty created by the recent decline has led to some major players selling their holdings and buying up more profitable tokens like InQubeta.
Still, the recent decline likely won’t stop ADA prices from rising if BTC prices keep rising. ADA prices could grow as high as 5x as they move towards historic highs.
