The world of crypto continues to attract attention from various industries, with Fenix, OnlyFans’ parent company, making the list. In a new development, Fenix announced a significant crypto holding—$20 million in Ethereum purchased between 2021 and 2022. This development has sent ripples through the market and shows the institutional attention digital assets are gaining. Amidst this, speculation has risen about the next altcoin to experience similar attention. In particular, Solana (SOL) and InQubeta (QUBE) have emerged as two altcoins to watch. This article will delve into the details of OnlyFans’ Ethereum investment and what makes Solana and InQubeta potential altcoins to be accumulated by this company. Continue reading to learn more.
InQubeta (QUBE): The Next Altcoin to Experience Institutional Support
InQubeta is another altcoin generating buzz in the crypto landscape despite being a new entrant. Its combination of two of the world’s most disruptive innovations, blockchain and AI, has earned it institutional and retail interest. As a result, there has been massive participation in its presale, with its fundraising event surpassing $2.5 million so far. This makes it one of the best cryptos to buy.
InQubeta’s blend of AI and blockchain will see it become the world’s first blockchain-based crowdfunding platform for AI startups through cryptocurrency. This move seeks to reshape the fundraising scene within the AI industry, providing an alternative and seamless fundraising experience for startups.
At the heart of its ecosystem will be a custom-built NFT marketplace and its utility token, QUBE. AI-based startups can raise funds by minting investment opportunities as equity-based NFTs. These AI investment-backed NFTs will be fragmented into fractional NFTs, thereby allowing investors to hold stakes in promising AI ventures with as little as they can afford. This completely democratizes access to what’s arguably the most disruptive and profitable industry in the world, with investors set to earn immense profits.
To become an early investor in this trailblazing project, enthusiasts can participate in the ongoing presale. It is currently in presale stage three at a token price of $0.0112. Meanwhile, according to experts, the token is poised to skyrocket, with a forecast of a 25x increase before the end of 2023.
A Growing Interest in Crypto: Ethereum (ETH) as a Case Study
Cryptocurrency has been finding its way into the mainstream, evident in recent accumulations from big players, with many yet to be known. In recent developments, OnlyFans, via its parent company, Fenix International, revealed the company’s adventure into cryptocurrency during its financial filing to the UK corporate registry. The company revealed that it invested almost $20 million in Ethereum between 2021 and 2022.
This development highlights the convergence of crypto with mainstream businesses, its growing adoption, and institutional attention. With crypto set to experience even more adoption as its potential becomes more prevalent, top altcoins like Ethereum, Solana, and InQubeta will likely experience significant accumulation and growth.
Solana (SOL): A Top Altcoin
Solana is an open-source project that leverages blockchain technology and its core values to provide DeFi (decentralized finance) solutions. The Solana protocol is designed to facilitate the creation of dApps (decentralized applications) and is widely known for its high throughput and low transaction costs.
Solana is popularly known as Ethereum’s competitor. Hence, its growing popularity has raised questions about whether it could become the best cryptocurrency to invest in for investors seeking alternatives to Ethereum. Moreover, it is a top ten cryptocurrency, which makes it a viable investment opportunity.
Conclusion
The crypto landscape is evolving at a rapid pace, which the recent investment move by OnlyFan highlights. Amidst this, the spotlight has shifted to Solana and InQubeta after the substantial investment in Ethereum by OnlyFans. Their appeal has piqued the interest of institutions and retail investors alike, making them the best cryptos to buy now.
