It is interesting that Lazlo Hanyecz bought two pizzas for 10,000 Bitcoin (BTC) in 2010. Looking at the price of BTC now, it means he paid $615.34 million for the pizzas. If there was a crypto with the same potential as Bitcoin, would you be interested? Investors can buy tokens at low prices during crypto presales before they are released to the public.
Qubetics ($TICS) is outperforming well-known cryptocurrencies like Ethereum (ETH) and Chainlink (LINK), sparking curiosity as to why it’s gaining so much investor attention. The price of $TICS is expected to surge just like ETH did. In 2014, during its presale, ETH was valued at $0.31 and has since risen to approximately $2,488. With less than four days to the end of the second presale phase, investors are rushing in to buy TICS, which is currently selling at $0.012. While Ethereum boasts smart contracts and Chainlink for its Oracle network, none has been able to solve the high cost of transactions. Due to network congestion and heavy demand for NFT and DeFi activities, ETH has long struggled with high gas fees. On the other hand, Chainlink suffers the same as it relies on Ethereum for transactions.
This is where Qubetics stands out, as it aims to reduce the high costs of transactions. By doing this, $TICS aims to provide a more user-friendly and cost-efficient blockchain solution, appealing to both developers and investors. With this unique feature, Qubetics is set to become a top player in the crypto industry.
Qubetics: The Cost-Friendly, Game-Changing Crypto
Qubetics has a multi-chain crypto wallet – a non-custodial open-source powerhouse. It allows its users to enjoy feeless $TICS transfers in-app, debits, and virtual cards with Apple Pay and Google Pay integration. One major advantage of a non-custodial wallet is that the user has full control over their portfolio. This ensures security is maintained and enhances easy and quick withdrawals.
By eliminating gas fees, Qubetics makes transactions more affordable, encouraging major adoption from new users and industry players, and leading to increased accessibility. As seen with other Blockchain networks like Ethereum, high fees can prevent users from engaging in its activities. This increased accessibility fosters a smoother user experience, allowing individuals to interact with decentralized applications (dApps) without the concern of transaction fees.
Moreover, $TICS gasless transactions spur innovation by enabling developers to create new applications without the burden of high operational costs. This opens up opportunities in decentralized finance (DeFi), allowing users to trade, lend, and borrow with ease. The model also promotes sustainable growth in the digital economy by encouraging frequent transactions, which contributes to better scalability and overall network performance.
Ethereum Gas Fees Escalate with Surge in Network Transactions
Ethereum has recently faced downward price pressure. According to CoinMarketCap, it is currently trading around $2,488, down from $2,718 on September 27. Earlier in the month, ETH experienced a more significant dip, hitting a low of $2,171. This volatility is largely attributed to increased selling activity observed throughout September.
This has resulted in a corresponding 498% increase in gas fees. The Ethereum Foundation offloaded 100 ETH for $262,474, reflecting strategic sales from significant holders. Information from Spot Onchain shows that a total of 1,250 ETH, worth $3.06 million, were sold in September alone. If the selling pressure persists, the price of ETH could plunge even further and gas price increase.
Chainlink’s Rocket Ride as It Partners With ANZ Bank
Chainlink has announced on its X platform that it is officially partnering with ANZ, a leading Australian bank with over $1 trillion in Assets under Management (AUM). The partnership aims to support cross-chain Real World Assets (RWAs) tokenization.
ANZ will secure its transactions using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). ANZ’s partnership with Chainlink may increase demand for the LINK token, boost confidence in its technology, and open doors for broader adoption, all of which can contribute to its price increase.
Read CRYPTONEWSLAND on google newsFinal Word
Ethereum and Chainlink each play different roles in the crypto market and as the industry grows each will be shaped by its unique features.
Qubetics has already set the pace as it solves high transaction fees faced by many users in the crypto industry. Join in the presale and enjoy this and many more benefits offered by the network.
For More Information
Qubetics: https://www.qubetics.com/
Ethereum: https://ethereum.org/en/
Chainlink: https://chain.link/
Disclaimer and Risk Warning
This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.