Amidst the flurry of activities and developments in the crypto ecosystem, we will be exploring the most notable ones in this post. We will begin with Zcash’s (ZEC) developer company appointing a new CEO. Further, we will explore the rising interest in Filecoin (FIL) and InQubeta (QUBE) among top investors. Let’s begin.
InQubeta (QUBE): Staggering $7.5 Million Raised in Early Funding
If you are an ICO hunter, you will have likely crossed paths with InQubeta (QUBE). It has been hailed as 2023’s best ICO, not just because of its fundraising success—$7.6million—but also for its innovative concept.
Wondering what makes it unique? It stands at the intersection of AI and blockchain technology, two of the world’s most transformative innovations. This convergence makes it a bullish narrative and one of the best cryptos to buy now.
At this intersection, it aims to solve the fundraising challenge within the AI sector with blockchain. It will become the first crowdfunding platform for AI startups through crypto. This means emerging AI tech startups can source capital by minting investment opportunities, which will be represented as equity-based NFTs. These will be offered to investors on the NFT marketplace, through which capital can be raised.
In the sixth stage of its presale, a token costs just $0.01925. With investors’ interests rising and analysts bullish, it has been tipped for a 65x rally after launch. Further, it has been hailed as the best new crypto to invest in.
Zcash (ZEC): Change in Leadership
If you value privacy in the crypto space, you will have likely heard about Zcash (ZEC). It is a decentralized crypto focused on anonymity and privacy. If you initially thought all transactions were private in the crypto ecosystem, here is a shocker. They aren’t, really. So, how does Zcash guarantee privacy? It employs zk-SNARK zero-knowledge proof technology. This allows it to verify transactions without revealing sensitive information.
Given the above, you can tell just how pivotal Zcash is to the crypto landscape. This also makes it one of the best coins to invest in. In recent developments within its ecosystem, there has been a change in leadership within the developer company, Electric Coin Co. Zooko Wilcox recently stepped down as CEO, with Josh Swihart, former senior vice president of growth at ECC, emerging as the new CEO.
Filecoin (FIL): Rise in Investor Interest
If you are a crypto OG, you will likely have heard about Filecoin (FIL), and so have top investors. Before delving into the factors responsible for the new wave of interest, let’s provide a brief overview of what Filecoin is.
Filecoin is a decentralized cloud storage protocol. It allows users to pay for data storage and distribution services via its native utility token, FIL. Summarily, it aims to transform the traditional cloud storage industry, and it has achieved remarkable success so far.
In light of the critical role it plays in the crypto space and the wider data storage sector, it is one of the best cryptos to invest in. This, along with its astounding upside potential, has captured investors’ interests. Further, Filecoin appears to be gearing up for a strong rally. If you wish to position yourself for significant gains, it is a good crypto to buy.
Conclusion
The appointment of Josh Swihart as CEO of Zcash’s developer company could usher in new ideas and perspectives. At the same time, Filecoin and InQubeta have emerged as the top choices among investors. With these tokens set to skyrocket, they represent compelling investments.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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