Top altcoins unable to decouple from the cryptocurrency market are on a downtrend after an exciting rally. Consequently, investors are moving from top crypto coins such as Tron (TRX) and Uniswap (UNI) to a new market-entrant crypto asset promising massive gains to investors.
Why are investors moving from Tron (TRX) and Uniswap (UNI) to this new coin?
Summary
- Tron (TRX) to overcome bearishness and rise to $0.11 in December.
- Uniswap (UNI) may fall to $5 or rise to $8 before 2023 ends
- VC Spectra (SPCT) continues to impress investors.
Tether Increases USDT Liquidity On The Tron (TRX) Network
The Tron (TRX) network has become the most popular for USDT transactions. Consequently, on November 23, Tether minted an additional 1 billion USDT to increase liquidity to Tron (TRX) to help satisfy rising demand, causing the Tron coin price to lose 5% from $0.096 to $0.101 from November 22 to 23.
Tron coin price has been on an uptrend for most of November. Tron (TRX) gained 11% as its price moved from $0.097 to $0.108 on November 13. Tron (TRX) then started a downtrend, falling 11% from $0.108 to $0.096 on November 22.
Based on this information, analysts suggest Tron (TRX) is bearish, causing investors to abandon Tron (TRX), as evidenced by the fall in trading volumes. Furthermore, technical analysis shows the RSI below 50 and the MACD tracing red histograms.
Consequently, market experts give a pessimistic TRX price prediction showing that Tron (TRX) may fall below the $0.096 support to $0.090 before the Tron coin rises to $0.11 before the end of the year.
Can Uniswap (UNI) Regain Its Bullish Strength?
Uniswap (UNI) has been on a downtrend from November 13 to 22, falling from $5.41 to $4.88. The downtrend followed a period of solid price surges from November 1 to 13, when the Uniswap price jumped from $4.14 to $5.41 following a crypto market uptick. Consequently, Uniswap (UNI) faced investor rejection as its trading volume fell during this period.
However, Uniswap (UNI) recovered from the downtrend, gaining as the Uniswap price moved from $4.88 to $6.25 from November 22 to 23. The Uniswap (UNI) recovery emanates from increased whale activity, a growing daily volume, and increasing active addresses on the network.
Based on this information, Uniswap (UNI) is rated neutral by market experts. The Uniswap price rise has caused sellers to seek profits as buyers struggle to keep the uptrend alive. Consequently, market analysts predict that the Uniswap price may fall to $5 if the sellers overpower the buyers. However, if bulls dominate, Uniswap (UNI) may hit $8 by the end of the year.
VC Spectra (SPCT) Becomes The New Coin Investors Flock To For Profits
With the uncertainty in Uniswap (UNI) and Tron (TRX) bearishness, investors are flocking to VC Spectra (SPCT) in search of profits. So far, the VC Spectra (SPCT) public presale has continued to impress investors, leading to massive demand and price surges.
VC Spectra (SPCT) presents an innovative DeFi concept pooling investor funds in a decentralized asset management company. Furthermore, VC Spectra (SPCT) leverages AI and professionals to attain proper risk management and profitability from private investing in promising tech and Web3 companies.
Its smart contract platform offers SPCT tokens, its native digital currency. It enhances trust and transparency, confers voting rights, and ensures proper distribution of quarterly dividends. VC spectra (SPCT) investors enjoy additional benefits, such as exclusive access to new ICOs.
VC Spectra (SPCT) is in its fifth public presale stage. Increased demand has caused a price surge, resulting in an 862.5% gain from $0.008 in the first stage to $0.077. Consequently, VC Spectra (SPCT) investors look forward to higher profits than the estimated 900% ROI at the final presale stage.
Additionally, a significant bonus for new investors makes VC Spectra (SPCT) the best crypto to buy.
Learn more about the VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io/
Twitter: https://twitter.com/spectravcfund
Telegram: https://t.me/VCSpectra
