The world of cryptocurrencies is ever-changing with innovation and development occurring at a rapid pace. Governed by market uncertainty, investors are always on the lookout for promising investment prospects. In this dynamic landscape, a select group of investors called ‘whales’ have strategic influence with their choices and investments. Whales tend to accumulate tokens in huge quantities that can influence the direction of the markets.
InQubeta (QUBE), Optimism (OP), ThorChain (RUNE), Immutable (IMX), Algorand (ALGO), Quant (QNT), and Hedera (HBAR) are currently being accumulated by crypto whales and could potentially provide 100x returns in October. These assets are being highlighted by many experts for their capacity to turbocharge a portfolio’s worth by 100x, making them a prime consideration for investors seeking wealth expansion in the long term.
1. InQubeta Secures a Spot Among the Best New ICOs this Year
InQubeta’s invest, engage, reward, and innovate model has created a buzz in the cryptocurrency market making it one of the most favored projects currently. This revolutionary cryptocurrency crowdfunding platform is the first of its kind working to bridge the gap between investors and AI-driven startups creating a more inclusive and democratic ecosystem. InQubeta’s NFT-focused marketplace not only allows startups to list their NFTs, which represent lucrative options to attract investors, but also lets the investors own a piece of it through a fractional investment system. When the investor purchases the NFTs of their choice the corresponding startups receive the funds for their growth.
All this is made possible through the in-house token, QUBE. Built on the Ethereum network, QUBE is the utility and governance token of the network offering several earning opportunities to its holders. By staking QUBE tokens, investors receive rewards from the 5% buy and sell tax dedicated to the reward pool. The token is also designed to empower its holders with the right to propose ideas and vote for its implementation, controlling the decision-making process of the platform. The most appealing aspect of QUBE is its deflationary nature which is designed to enhance its value over time while reducing the total supply. This is achieved by allocating 2% of the buy and sell tax to the burn wallet, creating scarcity and making QUBE one of the top altcoins in the market with the potential of providing a 100x increase in returns.
InQubeta’s mutually beneficial ecosystem has gained immense attention leading to its remarkable success in the presale. The project is in its fourth stage and has already raised over $3.3 million. Get a chance to be a part of the future of AI technology with InQubeta by participating in the presale.
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2. Optimism Announces the Establishment of Security Council
Optimism is a layer two solution that is designed around four core principles: simplicity, pragmatism, sustainability, and optimism. Built on the Ethereum network, it draws the benefit of security from the flagship network while working dedicatedly to scale the Ethereum ecosystem. The network makes use of the optimistic rollup technology which collects batches of Ethereum transactions and converts them into a single transaction on blockchain.
At the core of the Optimism ecosystem is its native token OP which is an inflationary currency. This means that the token is designed to have its supply increased at the rate of 2% every year. The network gained immense popularity as one of the biggest scaling solutions for Ethereum and for its much-anticipated airdrop event. OP is an altcoin to watch out for because of its potential to provide 100x returns and the recent announcement of its future plans to establish a security council. Owing to Optimism’s commitment to community and transparency, the security council will ensure the integrity and decentralization of its super chain network.
3. ThorChain Surpasses $2.5 Billion in Total Swap Volume
Thorchain is a prominent decentralized liquidity protocol that enables the user to swap cryptocurrency assets across various networks while maintaining full control over the assets in the process. This decentralized exchange is built on the Tendermint protocol and functions like Uniswap, a leading DEX on the Ethereum network. A distinctive feature of the platform is its ability to eradicate the issue of impermanent losses which are temporary losses encountered by liquidity providers while contributing to liquidity pools.
The native cryptocurrency of the Thorchain platform is RUNE. RUNE is a utility token and base currency of the ecosystem which is predominantly used for platform governance and the security of the ThorChain network.
The RUNE token holds 100x ROI potential primarily because of two main use cases. First, it can be staked in several liquidity pools and enables traders to swap between various asset pools. Second, it can be put up as collateral to ensure network security. The network enables cross-chain token swaps without the need for permission using an array of new technologies like a state machine, one-way state pegs, the Bifrost Signer Module, and a TSS protocol. ThorSwap recently caused excitement among its community with its announcement of surpassing $2.5 billion in total swap volume.
4. Immutable Launches its First zkEVM Learn and Earn Campaign
Immutable is the first layer two scaling solution that exclusively focuses on non-fungible tokens (NFTs) on Ethereum. It addresses the limitations of the Ethereum network like poor user experience, low scalability, liquidity issues, and slow developer experience using technologies like the STARK zk-rollups. This technology also empowers the users to create and distribute assets such as ERC-20 and ERC-721 tokens on an extensive level. The platform has amassed immense traction because the users can take advantage of instant trading and massive scalability while experiencing zero gas fees when minting and trading NFTs.
The native token of this NFT marketplace is Immutable X designated by the ticker symbol IMX. IMX tokens offer the possibility of multiplying investments by 100x and provide their holders with the right to governance on Immutble’s protocol. Every token is equivalent to one vote. In addition to offering governance rights, holders can indulge in the staking process to earn rewards making IMX one of the best cryptocurrencies to buy today. The platform recently announced the official launch of its first zkEVM learn and warm campaign designed exclusively for game development. This offering enhances the developer experience providing them with an all-in-one toolbox for building mainstream games.
5. Algorand Sparks Excitement with its Integration with the Crypto Betting Platform, 1xBit
Algorand is a decentralized blockchain-based network designed especially to provide high-speed transactions and improve efficiency when compared to legacy blockchain networks. The team claims their network to be self-sustaining, secure, scalable, and efficient while supporting a range of decentralized applications.
The native token, ALGO, is not only a utility coin of this payment-focused blockchain but also provides its holders with the right to participate in the consensus. This means that users can be a part of the proposal and voting process on new blocks. When developing an application, ALGO tokens are used to cover the transaction fees and serve minimum balance deposits when storing data on the blockchain. The network’s most distinctive feature is its ability to handle around 1 million transactions per day. Backed by such utilities, ALGO has been among the top cryptocurrency ICO list since its launch and provides a chance to achieve a 100-fold increase in investment for its holders. Crypto analysts believe that ALGO might experience a surge in price, especially with the crypto betting platform, 1xBit, announcing its integration with Algorand for a faster and cheaper betting experience.
6. Quant’s Smart Audit to Protect Enterprises Against Smart Contract and dApp Vulnerabilities
Quant has gained immense attention in the cryptocurrency market as the first project to solve the problem of interoperability. This project was developed as an operating system distributed ledger technology to establish global connectivity across blockchains and networks. The network achieves this without hampering the efficiency and interoperability of the network. The core of this project is the Overledger Network which enables the developers to build the decentralized multi-chain applications called MApps.
The Quant ecosystem is powered by its native cryptocurrency, QNT. This ERC-20 utility token facilitates payment of developer licenses and annual fees required by them to access the Quant Network and make purchases within Overledger. As the first blockchain to bring about interoperability, innovators have found several use cases that fit almost every known industry. This has made QNT secure a position among the top altcoins with its potential to generate substantially higher investment returns, and many whales are currently accumulating it in anticipation of 100x gains in October. The network has also launched new services for financial institutions, payment firms, and other enterprises to safeguard their smart contracts and decentralized applications against vulnerabilities.
7. Hedera’s Leaderless Consensus to Offer Resistance Against DDoS Attacks
Hedera is an enterprise-grade public network that is known for being the most used and sustainable. Their system is designed to be fairer and more efficient and not only addresses the limitations of traditional blockchains in terms of performance and instability, but also provides a powerful medium for the creation of decentralized applications (dApps).
HBAR is the native cryptocurrency of the network and is considered one of the best cryptocurrencies to buy because of its dual role within the network and its potential to surge 100 times in value. The HBAR token powers the entirety of Hedera services like smart contracts, file storage, and regular transactions. It also helps to secure the network by allowing its users to stake the tokens and maintain the integrity of the network. The core components of the Hedera network are the consensus and token services it offers. Hedera Consensus Services (HCS) allows the client to initiate messages to negotiate the consensus timestamping and order, while with Token Services (HTS) built-in tokenization is available to the customers. The leaderless consensus enabled by hashgraph eliminates the chance of transaction front-running, offering protection against DDoS attacks.
Conclusion
These seven altcoins are currently the whales top picks and can be considered for long-term investment if you are still wondering what cryptos to buy now for profitable returns. However, InQubeta’s crowdfunding platform is no run-of-the-mill project. As a pioneer in the field of cryptocurrency fundraising platforms designed for AI-focused startups, InQubeta has garnered massive support from both investors and startups.
The team aims to build a democratic and inclusive ecosystem and QUBE’s NFT marketplace benefits both parties offering several earning opportunities. Security firms and analysts conducting audits on InQubeta’s smart contracts are filled with positive reviews and are confident in the potential of the project to skyrocket investors’ crypto portfolios in the long term.
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This news is republished from another source.
