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Cryptocurrency News Articles
Best Coins to Join in December 2023 as Qubetics Prepares a 10% Price Hike, Tron Hits Record Highs, Ethereum Eyes Breakout
Dec 19, 2024 at 05:15 am
The cryptocurrency market is full of surprises, but some projects are taking the lead this December. Ethereum is showing steady growth as it edges closer to its anticipated breakout, while Tron is expanding its influence with impressive on-chain activity and rising stablecoin usage.
The cryptocurrency market is renowned for its volatility and surprises, and December 2024 is no exception. Several projects are leading the charge this month, offering investors promising opportunities.
Among the top performers, Ethereum (ETH) is showing steady growth as it edges closer to the next anticipated breakout. Tron (TRX), on the other hand, is expanding its influence with impressive on-chain activity and rising stablecoin usage. Both platforms are attracting investors' attention with their continuous innovation and adoption.
But there’s one standout that’s creating serious buzz—Qubetics ($TICS). With its groundbreaking technology and decentralised applications, Qubetics has already raised over $7 million in its presale. Adding to the excitement, the token is set for a 10% price increase this weekend. As Phase 13 draws to a close, this window could be a prime opportunity for early investors to act before the next price hike.
Let’s take a closer look at Qubetics, Ethereum, and Tron to see why these are the best coins to join in December 2024.
Qubetics Decentralised VPN and Its Real-World Applications
Qubetics is revolutionising the blockchain landscape as the world’s first web3 aggregator, solving the issues of interoperability and decentralisation. One of its standout applications is the decentralised VPN (dVPN), a solution aimed at providing privacy, security, and unrestricted access to the internet.
Unlike traditional VPNs, which operate on centralised servers and often log user data, Qubetics’ dVPN runs on a peer-to-peer network. For instance, imagine a whistleblower journalist in a country with strict internet censorship. Using a centralised VPN could expose their data to authorities, compromising their safety. Qubetics’ dVPN eliminates this risk by ensuring total anonymity, using blockchain technology to protect user identities and data.
This system isn’t just for individuals—it benefits businesses too. Consider a tech firm handling sensitive data across borders. Instead of relying on expensive and vulnerable VPN services, the company can use Qubetics’ decentralised solution for secure, seamless connectivity. The tokenised incentives encourage users to share bandwidth, rewarding them with $TICS tokens, further driving adoption and participation.
Currently in Phase 13 of its presale, Qubetics has raised over $7 million with 355 million tokens sold. At a price of $0.0342 per token, analysts predict a massive surge, with $TICS expected to hit $0.25 by the end of the presale. Long-term forecasts are even more ambitious, projecting prices as high as $10 after the mainnet launch.
For example, an investment of $15,800,000 today would secure approximately 461 million tokens. If $TICS climbs to $10, that investment could skyrocket to an eye-watering $4.6 billion. These predictions highlight the massive potential that Qubetives holds.
To learn more about this revolutionary project, take a look at this video here.
Ethereum Gains Momentum as Market Interest Grows
Ethereum (ETH), the second-largest cryptocurrency by market capitalisation, is gathering momentum as it approaches the next major breakout. Analysts and investors are keeping a close watch on ETH’s performance, with predictions pointing to significant growth in the coming months.
Recent reports suggest Ethereum’s burning mechanism, introduced through EIP-1559, is playing a critical role in limiting supply. As more ETH gets removed from circulation, supply pressures could drive the price upward. This dynamic, coupled with increasing adoption of Ethereum-based ETFs, is boosting institutional interest.
In addition to these factors, Ethereum’s upgrade plans are strengthening the network’s scalability and utility. Analysts expect Ethereum to climb past $5,000 next year, solidifying its position as a cornerstone for decentralised applications and smart contracts.
Investors who balance Ethereum in their portfolios alongside Bitcoin ETFs are seeing diversification benefits, capitalising on Ethereum’s unique role in decentralised finance (DeFi) and non-fungible tokens (NFTs). With a growing user base and strong fundamentals, Ethereum continues to be one of the best coins to join in December 2024.
Tron Expands Its Network Amid Rising Adoption
Tron (TRX) remains one of the fastest-growing blockchain networks, particularly in the realm of stablecoin transfers. Recent data reveals that Tron’s stablecoin activity has reached new highs, with USDT volumes surpassing $587 billion, marking a major milestone for the platform.
This growth reflects Tron’s focus on providing a low-cost, high-throughput environment for transferring digital assets. Developers are increasingly leveraging the Tron network to build decentralised applications, drawn by its scalability and efficient fee structure.
However, Tron hasn’t been without its challenges. Reports have surfaced regarding Tron’s association
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- The US Federal Reserve Cuts Interest Rates for the Third Time in a Row, but the Crypto Market Remains Unmoved
- Dec 19, 2024 at 10:45 am
- The U.S. Federal Reserve recently announced the nation's new interest rate. On December 18 during the last FOMC meeting of the year— Jerome Powell informed that interests would be slashed by another 25-basis-points.