Qubetics Raises Over $16.7M in Its Presale and Emerges as a Top Altcoin to Buy

It’s a wild week for altcoins. XRP is trending lower as analysts brace for a potential court ruling fallout, and Near Protocol is generating major chatter

Altcoins are heating up this week, with XRP trending lower as analysts anticipate potential fallout from a pending court ruling on Ripple’s case.

According to FXEmpire, XRP’s price recently moved up slightly in anticipation of positive developments from the judge. However, analysts at U.Today warn that the token could see strong downside potential if the outcome of the case doesn’t go Ripple’s way.

Chart Analysis: Key Levels to Watch

Technical traders are keeping an eye on the 200-sma on the 4-hour chart, which could indicate further downward pressure on XRP.

Additionally, if the price breaks the $0.47 support zone, it could trigger up to $60 million in liquidations, according to U.Today’s latest chart analysis.

On the other hand, if the bulls manage to push the price above the $0.52 resistance, it could open the door for a rally towards the next resistance at $0.6.

Moreover, with broader altcoin ETF frameworks evolving, demand for a potential XRP ETF is also increasing.

Together, these factors make XRP a mixed bag for those scanning the best crypto to buy, sell, and hold this week, XRP price action included.

Short-term traders may prefer to avoid large positions due to the potential for volatility spikes if support levels are breached, which could accelerate automated selling.

However, for those who can stomach some short-term volatility, XRP offers the potential for substantial upside, assuming the legal fog clears and demand for the token continues to grow.

Qubetics Surpasses $16.7M in Presale and Aims for Interoperability Hub

Qubetics, the modular blockchain toolkit provider, has seen massive inflows into its presale.

According to the latest data, over 511 million $TICS tokens have been sold, 25,900+ token holders have joined the community, and more than $16.7 million have flowed into the presale.

The current price stands at $0.2302, and each stage of the presale runs exactly 7 days, with the price increasing by 10% every Sunday at 12:00 AM.

At this rate, those who buy a $100 value of TICS tokens today will receive 434 tokens. If the token hits $1 post-mainnet, that buy-in will be worth $334.33%, reaching $434.

If the token hits $5, the same buy-in will be worth $2,071.63, and if the token hits $15, which is a realistic possibility considering the strong community and consistent development updates, that buy-in will be worth $6,414.90.

Mainnet launch is planned for Q2 2025.

Qubetics is aiming to become a central hub for interoperability and streamline the development process.

Its core offering includes QubeQode, a full-stack smart contract editor, and Qubetics IDE, an integrated development environment that works across chains like Ethereum, Solana, and BNB.

This ecosystem provides seamless support for coders, DAOs, startups, and even mid-size enterprises. For instance, a fintech startup deploying cross-chain escrow contracts and aiming for a web2-friendly UX can focus on building once in QubeQode, test inside Qubetics IDE, and deploy through the project’s Web3 aggregator.

Sam Mcswain, a DeFi researcher at The TIE, notes that "the lack of modularity and interoperability has slowed down Web3."

"We need projects that can easily connect and interoperate with each other, and that's where Qubetics comes in," he added. "Their toolkit provides the building blocks for rapid innovation."

Near Protocol Could See ETF Action as Bitwise Explores Possibilities

According to CoinTribune, Bitwise, the renowned crypto asset management firm, is exploring a Near Protocol ETF.

This development follows increased attention to Near’s performance and infrastructure resilience.

The news signals that institutional sentiment toward Near is shifting positively, especially as ETFs increasingly become a mainstream vehicle for crypto exposure.

Near’s technology has long been praised for its speed and developer tools. However, ETF consideration brings a new level of validation.

Bitwise’s involvement suggests the platform is being evaluated for broader financial instruments, potentially putting it on par with names like Ethereum and Solana in terms of legitimacy.

The report also mentions that Near could benefit from further capital inflows if ETF progress materializes.

While this news is promising, it’s important to note that Near remains in speculative territory until ETF applications solidify.

However, the market impact is undeniable. Near’s native token has seen a surge in trading volume as institutional interest heats up.

Moreover, if Bitwise’s ETF