The past month has seen many top altcoins, such as BNB and XRP, rally significantly. However, if you have been late to these parties, there is no need to worry. This newly launched project offers bigger upside potential over the coming months. It features robust utility, and its token has plenty of room to grow.
The project is also working on getting its token listed on major exchanges, and this will definitely boost its profile. Let’s explore why many investors are so excited about SPCT despite XRP’s and BNB’s recent upswing.
- XRP proponents will hope the altcoin can resume its uptrend and push past $1.
- BNB suffers uncertainty following Binance’s legal woes and its CEO stepping down.
- VC Spectra continues to grow in popularity thanks to its robust utility and SPCT market performance.
XRP Price Prediction: Can XRP Cross the $1 Mark?
XRP has had a wonderful three months, even though things seem to have slowed down over the past three weeks. The XRP crypto price rally can be traced back to mid-September. The altcoin price would rally from the $0.45 level and peak around $0.75 by mid-November, growing by over 64% over the period.
Since then, the XRP crypto price has cooled down as short-term investors take early profits and as the altcoin prepares to continue its uptrend. As of November 30, the XRP crypto price is trading around $0.60. A major support lies at the $0.55 level should XPR continue its retrace.
However, XRP investors will hope the altcoin bounces off this level as it pushes toward the next major resistance at $0.85. It’s a level that coincides with XRP’s July peak. A break above this level should push XRP past the $1 mark. You would have to go back to December 2021 to see the last time XRP was trading around that level.
That said, XRP proponents will hope the continued market rally and the feel-good factor from its lawsuit win against the SEC can help XRP achieve these vital levels.
BNB Price Prediction: What Does the Future Hold for the Altcoin Price?
Before legal woes hit Binance, the leading crypto exchange by trading volume, the BNB coin price was riding high. Its rally appears to have begun around October 13 and would peak around November 21. Within the period, the BNB coin price would grow by 33%.
As of November 30, the BNB coin price is trading around $228. That’s after the price of BNB shed 15% of its recent gains. The drop coincides with the start of Binance’s legal woes. On November 22, a news story broke out that the exchange had reached a settlement with the SEC for failing to prevent money laundering on its platform.
Binance was fined $4.3 billion as part of the settlement that required its former CEO, Changpeng Zhao CZ, to plead guilty and step down. Since then, Richard Teng has been appointed the new CEO.
The news would create uncertainty around BNB as users reacted by withdrawing over $1 billion in assets within a few hours. Memories of FTX are still fresh on many investors’ minds. Still, unlike FTX, Binance appears well-run and unlikely to go under.
BNB proponents will hope the feel-good factor returns soon, allowing BNB to resume its uptrend. A major resistance level awaits BNB at $260.
Investors Bet Big on VC Spectra (SPCT) As the Bull Cycle Begins
Rather than going with top altcoins such as XRP and BNB, shrewd investors have opted to go with VC Spectra (SPCT). It’s always a gamble with new projects; however, proponents of VC Spectra believe its solid utility and incredible presale point to a promising future.
Launched a few months ago, VC Spectra offers a decentralized hedge fund that helps its users invest and trade crypto markets with ease. Investing and trading opportunities are pooled into funds investors can buy using SPCT tokens.
For instance, VC Spectra will look for potentially profitable blockchain startups at the ICO stage. It will proceed to fund and offer strategic support to aid their growth. These projects will be pooled into a fund where investors can access them for a share of profits and rewards.
Additionally, there are funds that exploit DeFi market opportunities and those within trading markets. All one needs is some SPCT tokens, and they will get a share of the fund’s profits paid out as quarterly dividends.
This utility has seen investors flock to VC Spectra during its ongoing presale. The price of SPCT has grown from $0.008 in the first stage of the presale to $0.077 in the fifth and final presale stage. Early-stage investors have witnessed their portfolios grow by over 862%. Analysts expect the price to go by $0.080 by the end of the presale, which means 900% ROI for first-stage investors.
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login