Qubetics is another new Layer 1 project that has been making frontrunner waves in the emergent cryptocurrency Metaverse. In fact, it hit several milestones within just hours of launch! The project aims to address the long time issue of blockchain fragmentation. It opens the door for structural solutions to be introduced that legacy protocols haven’t addressed. Its rapid rise has earned it the nickname “Ethereum-Killer”, bringing with it venture capitalists looking to invest in the next big winner.
The cryptocurrency instantly exploded up to a peak of $4.20 just moments into the first hour of trading occurring on centralized exchanges. That’s an incredible jump from its original launch price of $0.40. This spike was a 950% increase, showing the clear early excitement and demand that existed for the project. Qubetics is establishing itself as a future leading crypto asset by already demonstrating what it can do in record time.
Qubetics adds a delegation mechanism, whereby delegators who own at least 5,000 $TICS can delegate their holdings to validators they trust. This provides them incentives to earn a portion of the returns, creating increased engagement and trust within the network.
Analyst expectations run high due to Qubetics’ penetration and proven performance. They see possible near-term appreciation into the $10 to $15 tier post-mainnet deployment. Those investors who didn’t catch Polygon’s early rise to stardom are all focused on Qubetics now. ARCHITECTS, THEY AREN’T JUST ATTRACTED BY UPMOST’S DISTINCTIVE APPROACH TO ADDRESSING PROBLEMS ON THE BLOCKCHAIN.
