The resurgence in the crypto market has brought in good news for the majority of investors. However, investors of altcoins such as Dash (DASH) and Monero (XMR) have faced challenges as their prices have dwindled. Amis such circumstances, VC Spectra (SPCT) has emerged as the best crypto to buy in the eyes of the investors. Let’s understand why.
Summary
- DASH is expected to struggle below $35 due to a lack of ecosystem development.
- Monero (XMR) is predicted to drop below $160 after hackers steal funds.
- VC Spectra (SPCT) token to be launched on December 6 with a 900% presale surge.
Dash (DASH) Loses Gains Made in the Market Surge
The DASH crypto price fell to a low of $24.72 on October 19 before the crypto market experienced a bounce. As a result, the DASH token also witnessed a surge of 37.5% to reach $33.99 by November 13. However, the DASH token has dipped by 9.5% to reach $30.76 by November 17.
One of the major reasons for the sluggish price action for the DASH token is the lack of developments around its ecosystem. In the current market, the tokens that have witnessed massive surges have all shown immense growth in their ecosystems. The only major news coming out of DASH was the release of V20 Dash Core on November 17.
Hence, according to experts, the price prediction for DASH is conservative. Experts predict the token to struggle to break above $35 in the coming months.
Monero (XMR) Falls Behind as Its Wallet Faces Security Breach
The Monero XMR price fell to a low of $147.65 on October 19 before experiencing a bounce. Since then, the Monero XMR price rose to $174.35 by October 31. However, the Monero XMR price has failed to keep its upward trajectory.
One of the major reasons behind the Monero XMR price falling behind is the theft experienced by Monero (XMR). On November 2, the Monero (XMR) Community Fund wallet experienced a hack. The hackers managed to steal funds worth more than $460,000 in the attack.
Hence, the Monero (XMR) token has dipped by 6.7% to reach $162.60. Investors looking to buy Monero (XMR) are advised against it by veteran analysts. They expect the Monero (XMR) price to fall below $160 in the coming months.
Investors Throng Towards VC Spectra (SPCT) as Launch Draws Near
VC Spectra (SPCT) operates as a community-driven, democratic, transparent, decentralized hedge fund. It is built on the Ethereum blockchain and leverages AI to bridge crypto’s profitability with the stability of a hedge fund. VC Spectra earns consistent profits by investing in the top ICO and DeFi companies at an early stage.
These profits are redistributed by VC Spectra among its users in the form of rewards and dividends. The dividends can be as high as $132,000 per year, with the rewards rising to 11% of the platform’s profits.
The SPCT token can be used to vote, manage assets, trade, exchange, and pay fees on the VC Spectra platform. The Stage 4 public presale of the SPCT token is currently being conducted. Due to intense demand, by November 19, the Stage 4 presale is more than 87% completed.
The SPCT token will be launched on December 6, when the presale will end at $0.080. This would generate an ROI of 900% for early SPCT presale investors.
Learn more about the VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Disclaimer: This is a paid-for sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
