Crypto Analyst Highlights OP, LDO, THETA, and Other Gems This Week While InQubeta Holds Still

The weekend behind us in the crypto world was pretty similar to the entire week – a correction mode. Ethereum and coins around ETH, such as LDO, OP, and others, did pump briefly, with ETH touching the $3,346 level but briefly retracing now to below $3,200.

DeFi Investor, experienced crypto analyst with 113k followers on X, shared his list to watch as we start a new week. He does this every week and has a decent track record.

During this correction mode, the newly launched AI crypto InQubeta’s QUBE price holds still, with a market cap steadily over $50 million, though still considered a low-cap.

DeFi Investor’s Watchlist

OP, LDO, ETHFI – DeFi Investor believes Ethereum’s growing strength could propel ETH beta plays like OP, LDO, and ETHFI to new heights, presenting potential opportunities for investors.

COIN – With Coinbase’s Q1 earnings reveal on May 2, DeFi Investor anticipates an earnings increase, putting the spotlight on COIN as a coin to watch closely.

THETA – The launch of EdgeCloud, a hybrid cloud computing platform, on May 1 could be a game-changer for the Theta Network, igniting interest in THETA, according to DeFi Investors.

RLB – DeFi Investor highlights the imminent burning of all RLB supply on Solana after May 1, with 45% already burned, potentially creating scarcity and driving up the token’s value.

BTC – With the upcoming FED rate decision and the launch of Hong Kong BTC ETFs next week, DeFi Investor sees potential catalysts that could reignite Bitcoin’s rally.

DYDX – The unlocking of $70M worth of DYDX tokens (10.7% of its circulating supply) on May 1 could shake up the market, according to DeFi Investor, urging investors to keep a watchful eye.

REZ – DeFi Investor points to the April 30 launch of the REZ token from RenzoProtocol, with 7% of the supply allocated to the first airdrop, potentially igniting investor frenzy.

KMNO – Kamino, Solana’s leading money market, is set to release KMNO on April 30, an event that could trigger a wave of interest and investment, as highlighted by DeFi Investor.

InQubeta’s Performance and Potential

InQubeta’s QUBE token first went through a crypto presale that lasted multiple months and raised over $13 million before launching on Uniswap this month. QUBE actually performed decently last week with a 4% pump, and its market cap is now $57 million, currently trading at $0.037.

Source: DexScreener

The Relative Strength Index (RSI) for QUBE is 44, indicating a neutral market condition, neither overbought nor oversold. Additionally, the Moving Average Convergence Divergence (MACD) line is below the MACD signal line, suggesting a potential bearish trend in the short term.

However, what’s more interesting for QUBE is its utility and fundamentals.

InQubeta is a platform that connects venture capitalists and crypto in an innovative way. It utilizes NFTs to represent ownership in a company, similar to stocks, allowing smaller companies to raise funds directly from investors without intermediaries. InQubeta’s AI start-ups create reward and equity-based NFTs, offering investors benefits like profit-sharing.

The platform integrates AI and DeFi, hinting at massive growth potential by empowering AI-driven DeFi projects.

Investors can diversify their portfolios with InQubeta, safeguarding against market volatility through its focus on AI technology. Investors can also earn rewards by staking QUBE tokens on the InQubeta platform, encouraging long-term investment in the QUBE token.

Here’s how InQubeta’s main crowdfunding feature works:

AI start-ups can apply to list their projects on the InQubeta platform. The projects are evaluated based on their growth potential and alignment with InQubeta’s mission.
Once approved, the start-ups can create “reward and equity-based NFTs” that represent fractional ownership or rewards for investing in the project. This allows anyone to back and invest in the AI start-ups using QUBE tokens.
Investors can browse the available AI start-up projects on the InQubeta NFT marketplace, research the opportunities, and choose to invest in the ones they believe will be successful.
By purchasing these fractional NFTs, investors can participate in the growth and success of the AI start-ups, potentially generating significant returns over time.

Conclusion

So, the crypto market navigates through a correction phase, investors should remain vigilant and seek potential opportunities. DeFi Investor’s watchlist highlights coins like OP, LDO, THETA, and others, which could benefit from Ethereum’s strength and upcoming catalysts.

Meanwhile, InQubeta’s QUBE token, a newcomer in the AI crypto space, has maintained a steady market cap above $50 million, showcasing its potential as a platform that bridges AI start-ups with investors through innovative NFT offerings.

While technical indicators suggest a potential bearish trend for QUBE in the short term, its utility and focus on integrating AI and DeFi could potentially position it as a compelling long-term investment opportunity. Keep in mind though that this is still an early-stage project and it remains to be seen whether QUBE can become a player in the AI/crypto sector.

Investors will closely monitor these assets and others, seeking to capitalize on emerging trends and developments within this ‘boring’ market conditions.

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