A New Cryptocurrency Outshines Stellar (XLM) and TRON (TRX) in the Latest Market Surge

By December 1, 2023 No Comments
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VC Spectra (SPCT) is emerging as a standout, overshadowing top altcoins like Stellar (XLM) and TRON (TRX). As Coinbase International plans to list Stellar futures and Stellar eyes a potential rally, TRON faces scrutiny for its use by militant groups. Meanwhile, VC Spectra’s remarkable market performance and innovative blockchain platform position it as a potential game-changer. Let’s explore more.

Summary

  • Analysts predict a potential rally for Stellar (XLM) to $0.20.
  • TRON (TRX) has become the preferred cryptocurrency for groups like Hamas and Hezbollah.
  • VC Spectra (SPCT) has seen a remarkable 862.5% increase in value.

Coinbase International to List Stellar (XLM) Futures

Coinbase International Exchange will list Perpetual Future Contracts for Stellar (XLM), among other assets, on December 30, broadening its offerings to non-US clients. This strategic move aligns XLM with top crypto coins like Bitcoin and Ethereum on the platform, catering to its global user base amidst varying regulatory landscapes.

On November 30, Stellar coin was trading around $0.11 with minor fluctuations. Crypto analysts predict a rally for Stellar XLM, suggesting a potential increase to $0.20. This bullish forecast is based on recent Stellar XLM price movements and the cryptocurrency’s readiness to break out from its current range.

The analysis highlights the Fib Circle 1.4 as a key technical indicator, with Stellar XLM trading near this crucial support level. While the final target is ambitious, reaching up to Fib 1.45, the crypto market’s unpredictability makes such significant price movements a possibility. Yet, if Stellar (XLM) fails to maintain over $0.10, XLM could drop down to $0.08.

TRON (TRX) Emerges as Preferred Crypto for Militant Groups Hamas and Hezbollah

According to a report, TRON (TRX) has become the preferred cryptocurrency for militant groups like Hamas and Hezbollah, recognized as terrorist organizations by several countries. Israel’s National Bureau for Counter-Terror Financing has frozen 143 TRON wallets suspected of links to these groups. This signified a shift from beginner cryptocurrency–Bitcoin to TRON coin due to its faster transactions and lower fees. 

After the Hamas attacks in October, Israel seized around 600 crypto accounts, with some users claiming legitimate use of TRON coin. Binance reported freezing accounts connected to Hamas, while a TRON (TRX) spokesperson emphasized their lack of control over the technology’s usage. On November 30, TRX price was around $0.10 with immediate resistance at $0.11.

Crypto experts say TRON (TRX) has seen its rally halt after reaching a peak of $0.11 and facing rejection at this resistance level. They added TRX is in a bearish trend, having fallen below the 21-day SMA but still above the 50-day SMA. If the TRON coin breaks below the 50-day SMA, the price of TRX could drop to $0.080.

VC Spectra (SPCT) Is Leading the Charge In the Crypto Market

VC Spectra (SPCT) is revolutionizing the cryptocurrency landscape with its extraordinary market performance and innovative platform. VC Spectra (SPCT) has witnessed a staggering 862.5% increase in its value, rising to $0.077 in Stage 5 from $0.008 in Stage 1.

VC Spectra (SPCT) was projected to reach $0.080 by the end of its public presale – a 10X surge – but VC Spectra is now on track to surpass this forecast due to overwhelming investor demand. At its core, VC Spectra (SPCT) addresses the complexities of the blockchain and technology sectors, offering a decentralized platform for trading and asset management.

Built on a foundation of trustless, transparent blockchain technology secured with cryptography and smart contracts, VC Spectra (SPCT) facilitates peer-to-peer trading and asset management without the need for intermediaries. VC Spectra (SPCT) is tailored for a wide array of investors, from individual to institutional, providing a unique platform for investing in promising new ICOs.

VC Spectra (SPCT)’s transparency allows for real-time investment tracking, enabling investors to make informed decisions. Moreover, its decentralized nature ensures investors have full control over their assets, with the flexibility to withdraw funds anytime, free from intermediary constraints. VC Spectra (SPCT) represents a commitment to sustainable and ethical investment practices in the blockchain world.

Learn more about the VC Spectra presale:

Buy 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.