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Cryptocurrency News Articles

8 Best Altcoins to Invest in for Short Term Gains in 2023

Dec 29, 2024 at 05:53 pm

The crypto market moves fast—blink, and you might miss an opportunity. For those looking to make the most of short-term investments, choosing the right altcoins is crucial. With innovative projects launching and established ones adapting to market demands, now's the time to act decisively.

8 Best Altcoins to Invest in for Short Term Gains in 2023

Investors looking to maximise short-term gains in the fast-paced crypto market should consider carefully selecting promising altcoins. Among the vast options, a standout project in its 14th presale stage is Qubetics ($TICS), captivating investors with its innovative solutions for real-world asset tokenisation. Here's a closer look at why Qubetics made this list and seven other promising altcoins:

1. Qubetics ($TICS): A Gateway to Real-World Asset Tokenisation

Qubetics has generated significant buzz with its presale entering the 14th stage, having sold over 382 million $TICS tokens to date. The project has attracted over 12,200 holders, raising an impressive $8 million thus far. Currently, investors can purchase $TICS at $0.0377, with a 10% price increase during the 15th stage starting this weekend.

Market analysts are already anticipating a surge to $10–$15 following Qubetics' mainnet launch. This optimism stems from the project's ability to solve real-world challenges through blockchain technology.

One of Qubetics' most promising features is its focus on real-world asset tokenisation. For instance, a small business owner in Central Asia looking to raise capital can quickly tokenise their assets, such as property or equipment, through Qubetics. This process allows them to access a global pool of investors in a transparent and efficient manner.

Moreover, individuals can use tokenisation to secure loans against their assets, and professionals like real estate agents can use Qubetics to offer tokenised property investments to clients. This technology's efficiency and flexibility are particularly beneficial for regions like Central Asia, where traditional systems can be slow and costly.

2. EOS: A Scalable and Developer-Friendly Blockchain

EOS has been at the forefront of scalable and developer-friendly blockchain platforms since its inception. Known for its high-performance blockchain, EOS recently introduced updates aimed at improving its decentralisation and scalability, attracting more developers to its ecosystem.

The latest developments include partnerships with key decentralised finance (DeFi) projects, which have brought renewed attention to EOS. Its ability to handle high transaction volumes without network congestion makes it a favourite for dApp developers.

3. Astra: A Leader in DeFi Security Innovations

Astra has positioned itself as a leader in the decentralised finance (DeFi) security space, offering solutions that mitigate risks for decentralised platforms. Its recent breakthroughs include advanced audit tools that help projects detect vulnerabilities before they escalate into major issues.

These innovations have led to collaborations with some of the biggest names in DeFi, further solidifying Astra's reputation. Its impact on securing the DeFi landscape cannot be overstated, making it a valuable short-term investment.

4. Theta: Transforming Digital Media Consumption and Distribution

Theta is revolutionising how we consume and distribute digital content. Its decentralised video streaming platform has gained traction among creators and consumers alike, offering high-quality streaming with lower costs.

Recent updates have introduced NFTs as a key component of the Theta ecosystem, allowing content creators to monetise their work more effectively. These advancements have further cemented Theta's place as a disruptive force in the media industry.

5. HNT: Powering Decentralised Wireless Networks

HNT, the native token of the Helium network, is reshaping wireless connectivity through decentralised infrastructure. By incentivising individuals to host hotspots, Helium is creating a global, low-cost wireless network.

The introduction of 5G connectivity and new partnerships with IoT-focused companies have driven up demand for HNT. This combination of real-world application and market expansion positions Helium as a project to watch.

6. Bittensor TAO: A Unique Integration of AI and Blockchain

Bittensor TAO combines blockchain with artificial intelligence to create a decentralised AI marketplace. This unique concept allows developers to build and monetise AI models in a secure and transparent environment.

Recent upgrades to its infrastructure have made the platform more efficient, attracting both developers and investors. The growing interest in AI solutions adds to Bittensor TAO's appeal, making it a standout in the crypto space.

7. Arbitrum (ARB): A Leading Solution for Ethereum Scaling

Arbitrum has emerged as a leader in Ethereum scaling, offering faster and cheaper transactions without compromising security. Its rollup technology has gained widespread adoption, particularly among DeFi and NFT projects.

The launch of Arbitrum One, a mainnet upgrade, has significantly improved performance, drawing more users and projects to its network. Its ability to enhance Ethereum's capabilities makes it a strong contender for short-term gains.

8. Gala: A Disruptor in Blockchain Gaming

Gala is making strides in the blockchain gaming world, offering players ownership of in-game assets and a decentralised ecosystem. Its partnerships with major game developers and the launch of new, highly anticipated

News source:dailytrust.com

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