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Cryptocurrency News Articles

Qubetics, Chainlink, and Stellar: The Best Cryptos to Invest in December 2024

Nov 22, 2024 at 12:20 am

December 2024 has brought some serious action to the crypto space. Brazil's central bank is advancing its CBDC efforts using Chainlink's Cross-Chain Interoperability Protocol (CCIP), showcasing a bold step towards blockchain-powered trade finance. Stellar (XLM) is riding a 24% surge after breaking out of a long-standing channel, igniting hopes for a sustained rally. Meanwhile, Qubetics ($TICS) is rewriting the rules of crypto investment, crushing its ninth presale stage and raising over $2.5 million with more than 190 million tokens sold.

Qubetics, Chainlink, and Stellar: The Best Cryptos to Invest in December 2024

This article highlights three promising cryptocurrencies to consider investing in December 2024: Qubetics, Chainlink, and Stellar.

1. Qubetics ($TICS) is attracting attention with its Multi-Chain Wallet technology, enabling users to manage assets across multiple blockchains. Currently in its ninth presale stage, with tokens priced at $0.0233, Qubetics has already sold over 190 million tokens and raised more than $2.5 million.

2. Chainlink is playing a crucial role in Brazil’s DREX CBDC pilot by integrating its Cross-Chain Interoperability Protocol (CCIP). This integration is facilitating secure and seamless cross-border transactions, specifically for trade finance. The pilot aims to tokenize Electronic Bills of Lading (eBOL) and automate payments for commodity settlements, aiming to ensure exporters get paid at various stages of the shipping process.

3. Stellar has seen a 24% surge, trading at $0.2533 after breaking out of a descending channel. This breakout occurred above $0.1236, a key resistance level. The move has sparked optimism among investors, and the price surge follows a period of consolidation. Notably, Stellar’s price increase comes despite a decrease in social volume, which could indicate that institutional investors or “whales” are driving the rally.

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Other articles published on Nov 22, 2024