According to SHIB news, nearly a quarter billion Shiba Inu (SHIB) tokens were burned, resulting in a surge in the price of SHIB. On the other hand, VC Spectra (SPCT) surged 32% in Stage 3 presale and has surprised the crypto market. Meanwhile, the Curve DAO Token (CRV) price gained 25% in less than two weeks. Let’s explore the possibility of making a profit with these coins and determine the best crypto to buy!
Shiba Inu (SHIB) Surged After 191 Million Tokens Were Burned
According to SHIB news, the Shiba Inu community has been burning tokens. More precisely, 191 million Shiba Inu (SHIB) tokens were burned on September 22, 2023. The tokens were sent to a dead wallet, from where these can’t be reobtained.
Overall, Shiba Inu burning reduces the overall supply of tokens in circulation, resulting in the price surge of the remaining SHIB tokens. Likewise, the goal of the recent Shiba Inu (SHIB) token burn was to decrease the supply of SHIB tokens and increase the price of the remaining tokens. And that’s precisely what happened.
Following this Shiba Inu news, the SHIB price surged from $0.000007195 on September 22 to $0.000007675 on September 23, witnessing an increase of 6.7%.
After this Shiba Inu coin burn, the future looks promising for Shiba Inu. As per SHIB news, some crypto analysts predict that Shiba Inu’s (SHIB) price could reach $0.0001 by 2027.
VC Spectra (SPCT) Stuns the Market with a 32% Jump
VC Spectra (SPCT) is a decentralized hedge fund that engages its capital of investors in potential startups. The platform VC Spectra has a qualified team of investment experts that closely work with the invested companies and manage risk carefully.
The native token of VC Spectra, SPCT, is built on the BRC-20 standard. In addition, SPCT operates on a deflationary system. As a result of its unique application and utility, VC Spectra (SPCT) has shocked the crypto market with its exceptional price performance, even in the bearish market.
Crypto market analysts have observed a 32% surge, going from $0.025 in Stage 2 to $0.033 in Stage 3 of the public presale. Moreover, by the end of the public presale, potential investors are poised to make another 142.42% profit. This is because the VC Spectra (SPCT) token price is predicted to reach $0.080 by the end of the presale.
Due to its long-term prospects, VC Spectra (SPCT) has become a top contender for the list of the top crypto coins. Better yet even, there’s an active 50% deposit bonus for those who join this viable project now.
Curve DAO (CRV) Price Surges as Whales Become Active
There has been a recent CRV price surge because of the actions of a mysterious whale wallet. The whale has been actively acquiring and staking millions of Curve Dao (CRV) tokens.
Moreover, the data confirms that whales are participating in Curve DAO (CRV) accumulation. Some of them are dumping off the old holdings, and some new whales are aggressively accumulating the CRV token.
So, is Curve DAO (CRV) the best crypto to buy now? According to the data, a fresh whale accumulated $9.27 million CRV from Binance on September 21, 2023.
Since the accumulation news made headlines, the Curve Dao (CRV) price surged from $0.4319 on September 21 to $0.5433 on September 24, witnessing an increase of 25.8%. The Curve DAO whale has a floating gain of more than $155 thousand.
So, the future holds potential for Curve DAO (CRV) after a market rebound. The price of Curve DAO (CRV) could surge as high as $1.68. Meanwhile, bearish pressures could drag the Curve DAO (CRV) price down to $0.79. An equilibrium in trading pressures might settle the Curve DAO (CRV) price at $1.23. Each scenario still is highly lucrative.
Learn more about the VC Spectra presale here:
Disclaimer: This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.
By accessing and reading this article, you acknowledge and agree to the above disclosure and disclaimer.