2023-11-22 22:00 |
Kaspa’s meteoric 68,000% surge this year has crypto investors searching for the next hidden gem that could deliver similarly explosive returns. According to crypto analyst Tomb, QUBIC could be a top contender to replicate Kaspa’s parabolic trajectory.
In a recent tweet, Tomb outlined several reasons why QUBIC exhibits similarities to Kaspa in its early days:
Proven team with co-founder linked to major project IOTA Significant research background of at least 6 years Innovative features like running on bare metal hardware for security and performance Early stage project with huge upside potential Listed on smaller exchange primed for lift-offThe parallels are already beginning to play out. QUBIC coin has exploded over 50% in the last day and an astonishing 1,366% in the last 30 days. This type of vertical ascent mirrors the early trajectories of both Kaspa and Dogecoin before their epic climbs.
However, Tomb does caution that his funds are currently stuck on struggling exchange SafeTrade. This serves as a reminder that investors should carefully evaluate risks before chasing overly-hyped altcoins.
Currently, QUBIC is only available for purchase on the smaller SafeTrade exchange. If QUBIC manages to get listed on more mainstream exchanges like Coinbase or Binance in the future, it could expose the coin to significantly increased liquidity and investor interest.
We’ve repeatedly witnessed obscure altcoins explode in value after transitioning from tiny exchanges to large trading venues that provide easy access for both retail and institutional investors. So if QUBIC can replicate Kaspa’s feat of landing on a top-tier exchange this year, it could set the stage for even more extreme price eruptions as new waves of buyers enter the market. The trading infrastructure supporting a coin is crucial for enabling its full upside potential.
Nonetheless, for speculative investors with higher risk tolerances, QUBIC exhibits many signals that it could be the next Kaspa-like moonshot. The coming days and weeks will determine whether QUBIC can continue its vertical ascent to challenge Kaspa’s dominance.
We recommend eToro 74% of retail CFD accounts lose money. Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading.Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy thetrades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
The post How QUBIC Could Deliver Even Bigger Gains Than Kaspa appeared first on CaptainAltcoin.
Similar to Notcoin - Blum - Airdrops In 2024