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The most promising little-known cryptocurrencies are named

12:51 pm, August 10, 2023

! Not financial advice — ed.

New digital assets appear on the cryptocurrency market every day. The lion’s share of them do not show significant prospects, but there are also those that are immediately in demand among crypto enthusiasts. Bitcoinist analysts have named several virtual coins that potential investors should pay attention to.

First of all, the experts singled out InQubeta (QUBE). The digital asset is built on the Ethereum blockchain and is based on the ERC-20 protocol. Bitcoinist notes that this is an innovative project in many ways, as it became the first crowdfunding platform. The product is aimed at startups operating in the artificial intelligence and Web3 segments.

QUBE is considered to be a deflationary asset, so the token burning mechanism is used to balance supply and demand. Bitcoinist analysts believe that this coin can rise in price at least 3−4 times during the pre-sale.

Next, crypto experts singled out DigiToads (TOADS). The cryptocurrency is also built on the Ethereum ecosystem. The startup promotes the Pay-2-Earn concept and relies on the meme token industry. Representatives of the project said that in the near future they plan to become serious rivals to the flagships of the meme crypto segment — Dogecoin and Shiba Inu.

Finally, Bitcoinist representatives highlighted the Stacks cryptocurrency (STX). Interestingly, this is not a new cryptocurrency, as it was launched back in 2021. However, analysts believe that it has a serious potential for sustainable growth in the foreseeable future. This is largely due to the fact that the project is based on the innovative consensus algorithm Proof-of-Transfer.

The analysts also noted Borroe Finance. This is a global ecosystem created using elements of artificial intelligence. The startup focuses primarily on the Web3 segment and decentralized application developers.

As a reminder, cryptocurrency experts have identified 5 most important factors that will lead to the growth of Dogecoin. Elon Musk will play an important role in the future, as well as increasing institutional interest in meme-coin, the likelihood of widespread adoption of the digital asset, changes in the regulatory approach, and technological innovations.

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