A rumor boosts Ethereum Classic (ETC) price. Chainlink (LINK) is rolling out a major upgrade. Meanwhile, VC Spectra’s (SPCT) unique features attract attention.
Which rumor caused an Ethereum Classic price increase? What is Chainlink’s (LINK) upgrade about? What are VC Spectra’s special features? Let’s go into the details.
We will also discover which is the top crypto to invest in.
- The Ethereum Classic price prediction for 2024 is $97.17.
- Chainlink (LINK) could reach $86.04 in 2024.
- VC Spectra (SPCT) offers mouth-watering features and spectacular profits.
Ethereum Classic Price: ETC Soars After Blackrock ETF Approval Rumor
On October 16, 2023, there were reports that the US Securities and Exchange Commission had approved Blackrock’s spot Bitcoin ETF application. CoinTelegraph, a major source of cryptocurrency news, was even part of the disinformation.
Because of the report, Ethereum Classic price soared 5.2% from $14.94 to $15.72 on October 16. However, Blackrock came out to refute the report. CoinTelegraph also took down its X post, apologized, and conducted an internal investigation.
This episode shows that the market expects the spot ETFs to change the crypto market radically. However, this false news might have sparked a rally in preparation for the actual approvals. Since that day, Ethereum Classic price has risen 30.3% to $19.47.
However, the rally is expected to slow down soon, and Ethereum Classic (ETC) could see a retracement back to a price around its former price.
It is not all doom and gloom for Ethereum Classic (ETC) holders though. Analysts predict that ETC might reach $97.17 in 2024’s bull run. This is likely given Ethereum Classic’s (ETC) penchant for mirroring the price movement of the top cryptos.
Chainlink (LINK) Upgrades Its Staking Capabilities
On August 25, Chainlink (LINK) announced Chainlink Staking v0.2, a part of Chainlink Economics 2.0. This upgrade will increase the staking pool to 45 million LINK, 20 million more than the 25 million LINK staking pool of v0.1.
Another major upgrade is using a modular architecture to support future upgrades to Chainlink Staking. V0.2 also features a dynamic rewards system capable of incorporating multiple rewards sources. It will also increase the security of the staking platform.
Chainlink Staking v0.2 will launch on November 28 with a Priority Migration Period for v0.1 users.
Since the announcement, LINK’s price has increased by 132% from $6.08 to $14.13. This surge has been spurred partly by anticipation of the staking upgrade and partly by the ongoing rally.
In addition, Chainlink price is predicted to reach $86.04 in 2024. The new staking upgrades and next year’s bull run are expected to drive this increase.
VC Spectra (SPCT) Is Revolutionizing Blockchain Investment
VC Spectra (SPCT) is a decentralized asset management protocol and trading platform that provides investors with a secure, transparent, and profitable investment experience. Its vision is to give this investment experience to everyone, regardless of their experience and expertise.
To achieve this, VC Spectra (SPCT) allows investors to invest in promising web3 ventures, early-stage blockchain startups, and specific crypto sectors and trades. They can also trade arbitrage and stake and lend their crypto assets.
In addition, VC Spectra (SPCT) leverages AI to ensure the best projects and trades are picked. This is backed up by tested and trusted trading strategies and a sustainable investment approach.
These offerings helped VC Spectra (SPCT) raise $2.4 million during its private sale. The public presale was inaugurated after the private sale, and more investors flocked to VC Spectra (SPCT) during this period.
This is because of the massive surges experienced during the presale. SPCT price has gained 725% from $0.008 to $0.066 during the presale’s first four and a half stages. The token is set to gain over 900% or 10x before the presale ends.
To benefit from these upcoming surges and access VC Spectra’s (SPCT) wonderful offerings, you need to purchase SPCT. Benefits of owning SPCT include quarterly dividends and buybacks, access to exclusive new ICOs, and voting rights.
Based on all these, VC Spectra (SPCT) is the best new crypto to invest in for major investors.
To learn more about VC Spectra (SPCT), visit:
Buy Presale: https://invest.vcspectra.io/login
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. 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.