Matrixport co-founder warns of correction after BTC rises above $60,000 Ripple regains momentum. InQubeta presales reach $11 million
Daniel Yan, co-founder of Singapore cryptocurrency service company Matrixport, has gone on strike again. This time, he warned that a market correction is imminent after Bitcoin (BTC) rose above $60,000, its last level in 2021.
On February 28, he wrote through He believes we could see a healthy 15% correction by the end of April. Fortunately, his predictions were not always correct. Last January, Matrixport warned investors that the SEC may not approve a spot Bitcoin ETF. Today Bitcoin is the new kid on Wall Street.
Ripple (XRP) has regained momentum as Wormhole’s upcoming airdrop snapshot and GoDaddy’s ENS integration have sent cryptocurrency markets higher and investors excited. I can see the holders heaving a sigh of relief. The time has come!
At the same time, one of the most bullish new ICOs, InQubeta (QUBE), has reached close to $11 million in pre-sales after surging past $10.6. Expected to skyrocket, this cryptocurrency is one of the best cryptocurrencies you can buy right now.
InQubeta (QUBE): Preparing for explosive growth beyond expectations
InQubeta (QUBE) is receiving a lot of attention after surpassing $10.6 million in pre-sales. The massive participation in the pre-sale is not surprising. As an AI altcoin, this is an optimistic story. More importantly, its novelty and unique concept make it arguably the best new cryptocurrency to invest in.
Solid fundamental principles mean they can be applied in practice. The plan is to reorganize the AI market by building the first cryptocurrency-based crowdfunding platform for AI startups. Startups can raise funds by creating investment opportunities, which are denominated as stock-based NFTs and made available to investors in a custom NFT marketplace.
In stage 8 of the ICO, the token price is only $0.0245 and is expected to rise 65 times after launch. This is a recommended pre-sale and a bullish wave not to be missed. Hop on the train and make huge profits.
Bitcoin (BTC): Matrixport Co-Founder Warns Correction
It’s been an interesting week in the cryptocurrency industry. Bitcoin (BTC), the leading cryptocurrency, hit $63,000 earlier this week, sparking new enthusiasm and optimism. While most are optimistic, Matrixport co-founder Daniel Yan is one of the bearers.
On February 28, he went to X and warned investors to be careful amid rising market sentiment. According to him, by the end of April he could see another healthy 15% correction. He believes March could be vulnerable given macroeconomics, the expected Bitcoin halving, and the Dencun upgrade.
He went on to express uncertainty about which will come first: a new Bitcoin all-time high (ATH) or a correction. Nonetheless, he believes that long-term holders should not have sleepless nights due to these fluctuations. But he ended by telling traders to “Watch March.”
Ripple (XRP): Momentum Rises
Ripple’s (XRP) rise has surprised many, but holders have been praying for this day. Although it is one of the best altcoins, it has been the most disappointing due to the ongoing lawsuit against the SEC.
The future hangs in the balance due to uncertainty about the state of regulation. However, with sentiment rising after the BTC ETF, XRP rallied along with the overall market despite joining late. Well, better late than never.
This is a good cryptocurrency to buy as the uptrend is expected to continue at least as long as the bull continues. HODLing can help you ride this upward trend.
conclusion
Amid Bitcoin’s surge, Matrixport co-founder Daniel Yan warned of an imminent correction. Riding this bullish wave, XRP is regaining momentum after fighting off bearish pressure. At the same time, presales have exploded, with InQubeta poised for a 65x jump since launch.
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