Investors are beginning to turn a profit from their investments in the best altcoins such as Chainlink (LINK) and Cardano (ADA). This is because of the recent upturn in the market after years of bearishness. However, smart investors are turning their attention from Chainlink (LINK) and Cardano (ADA) to the immensely profitable VC Spectra (SPCT). Let’s understand why.
From a low of $7.31 on October 20, the Chainlink price has seen an upsurge. The Chainlink price had surged by nearly 129% as LINK rose to $16.29 by November 13. Since then, the Chainlink price has seen a dip of 14.6% as LINK dropped to $13.92 by November 16.
Amid the zig-zag price action for the Chainlink (LINK) token, its ecosystem has continued to grow. For example, the Affine DeFi integrated Chainlink CCIP into its ecosystem on October 26. On November 9, Chainlink (LINK) announced the schedule for its Chainlink Staking v2.0 launch. Moreover, it was announced that more than 70 projects have joined Chainlink BUILD by November 16.
Hence, despite the current LINK dip, the Chainlink price prediction is bullish. Experts predict the LINK price will rise above $16 again in 2023.
The Cardano (ADA) price fell to a yearly low of $0.24 on October 19 before bouncing in the market surge. The Cardano (ADA) price has risen by 54.1% to reach $0.37 by November 16. This Cardano (ADA) price surge has also been made possible because of its massive ecosystem growth.
During the surge, a major ADA Cardano news was the release of the State of Cardano Developer Ecosystem Report 2023 on October 25. Another major ADA Cardano news was the NAMI Wallet joining Input Output Global on November 2. Tadamon partnering with the Cardano (ADA) Foundation on November 3 was also huge ADA Cardano news.
Hence, the Cardano price prediction going forward is bullish as more developments are underway. Experts predict the Cardano (ADA) price to rise above $0.40 in the coming months.
VC Spectra is a decentralized hedge fund powered by AI specializing in investing in early-stage blockchain ICO and DeFi companies. It is built on the Ethereum Network and uses smart contracts audited by the InterFi Network. The VC Spectra platform’s KYC is verified by Block Audit to establish trust and transparency.
VC Spectra generates consistent and stable profits and utilizes advanced risk mitigation strategies to protect them. These profits are redistributed among the users by VC Spectra in the form of rewards and dividends.
VC Spectra raised $2.4 million during the private seed sale of its native SPCT token. Since then, the public presale of the SPCT token has been underway. Currently, the presale is more than 65% completed in Stage 4. The SPCT token has surged by 725% during presale to reach $0.066 per token in Stage 4.
The launch date for the SPCT token is December 6, when the presale would conclude. The price of the SPCT token will reach $0.080 per token before it is listed on major exchanges.
Learn more about the VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
The crypto landscape in Vietnam has experienced a significant transition from an unregulated to a…
Millions of cryptocurrencies are estimated to be permanently lost, including over 913,000 Ethereum (about 5%…
Argentina’s Financial Information Unit (UIF) is cracking down on cryptocurrency use in terrorism financing, uncovering…
Robert Kiyosaki has warned that the global economy might be approaching a crash similar to…
South Korea’s largest crypto exchange, Upbit, will soon add trading pairs for Optimism (OP) with…
Cyprus police are investigating the theft of over $448,000 in cryptocurrency from a 48-year-old man's…
