Cryptocurrency is a volatile market with stories of explosive growth and devastating losses, from the rise of BALD and PEPE to the fall of GALA.
Despite the crypto winter that has spilled over from 2022, four projects are gaining traction, attracting global investors. The growing popularity of Worldcoin highlights the dynamic, fast-paced nature of cryptocurrency that is full of opportunity. Although it is a scene that is still growing and whose laws are being perfected, opportunities can be taken by those who are enthusiastic.
Beyond Worldcoin, investors have been training their eyes InQubeta (QUBE), MakerDAO (MKR) and Uniswap (UNI). So far, in the ongoing InQubeta presale, early investors are in the red, with QUBE prices rising at each stage.
By the end of September, the project had raised more than $3.3 million and was easily the best ICO of the third quarter of 2023. Meanwhile, Worldcoin, riding on the coattails of OpenAI’s co-founder, is solid and stable. The goal of the project is to disrupt the identity industry and start the future of the world economy.
But what exactly made Worldcoin popular in the third quarter and could InQubeta, MakerDAO (MKR) and Uniswap (UNI) be popular cryptocurrencies to invest in 2023?
Worldcoin builds a global economy through digital identity
Many projects have attempted to tokenize and store identity on-chain, but not on the scale and ambition of Worldcoin.
Options such as the Ethereum Name Service (ENS) have their own agenda and aim to transfer digital identity to the blockchain. However, Worldcoin took over after launching in July 2023.
The release of physical Worldcoin balls and the release of 25 WLDs to those who were scanned helped onboard millions, drawing praise and criticism from regulators around the world.
Regulators in Kenya and France have expressed concern about the use of collected data and possible violations of citizens’ rights. The uproar fueled Worldcoin’s popularity, stabilizing prices in July amid a market slump that affected top altcoins, including Ethereum (ETH).
The expansion of Worldcoin has fueled demand for other potential projects, mainly InQubet, whose pre-sale is still ongoing. Could they be the next to take over crypto forums?
InQubeta wants to reshape crypto financing for AI startups
InQubeta, like Worldcoin, has global ambitions and has been rated by experts as the best cryptocurrency for investment. Instead of identity, InQubeta uses artificial intelligence (AI) and blockchain capabilities to create secure yet accessible platforms for AI startups to raise funds.
The platform uses non-fungible tokens (NFTs) and has created a marketplace where anyone can invest in crypto AI startups. In this market, QUBE, an ERC-20 deflation token, powers all operations. This allows QUBE holders to purchase fractionalized NFTs minted by crypto AI startups.
Moreover, as a governance token with utility, holders vote on proposals and can participate, determining how the project will evolve.
InQubeta leveraged decentralized finance (DeFi), allowing pre-sale investors to invest their QUBE, earning high returns. Rewards are distributed from a dedicated pool of InQubete.
Maker Finance and Uniswap are DeFi leaders
Maker is revitalizing during the crypto winter, while Uniswap remains the number one AMM DEX despite a sharp decrease in DeFi activity. The prices of MKR, the management token of MakerDAO, are currently strong, making it among the popular cryptocurrencies to buy, aside from QUBE.
DeFiLlama data shows that Maker and Uniswap have total locked value (TVL) of $4.6 billion and $3.2 billion, respectively. Maker’s introduction of the Spark protocol and ongoing v4 development at Uniswap could support prices in the coming months.