2023’s Ethereum (ETH) Outlook: Market Projections for VC Spectra (SPCT) and Arbitrum (ARB)
While Ethereum bulls praise ETH as the best cryptocurrency to buy now, experts believe that VC Spectra (SPCT) and Arbitrum (ARB) are poised to deliver remarkable gains in the following term. Each of these tokens offers excellent potential for future growth, so let’s take a closer look at the facts and find out which is the top crypto to invest in 2023.
Summary
- Ethereum (ETH) could surge over $1,700 in October 2023.
- VC Spectra (SPCT) is set to rise by 82% by the end of the public presale.
- Arbitrum (ARB) could increase to $1.10 by the end of October.
ETH Price Prediction: Is Ethereum a Good Investment in 2023?
According to Ethereum (ETH) bulls, the increased interest in Ethereum futures ETFs could enable ETH to surpass the $1,700 threshold by the end of October. In recent ETH news, nine Ethereum-based ETFs debuted on the US market on October 2 and achieved a combined trading volume of $6.6 million.
Meanwhile, Ethereum’s (ETH) price has decreased by 1.50% within five days, from $1,663 on October 3 to $1,638 on October 7. Hence, some analysts have recently given a negative ETH price prediction. More precisely, Ethereum (ETH) bears warn that ETH could drop to as low as $1,585 during the next three weeks if it fails to consolidate over $1,665 in the following term.
Experts point out Ethereum’s (ETH) increased selling pressure as another factor behind this pessimistic ETH price prediction. Furthermore, the on-chain analysis platform Glassnode announced that the number of Ethereum addresses with over 1,000 ETH dropped to a five-year low of 6,010 on October 5.
VC Spectra (SPCT) Brings Excellent Real-World Utility and Astonishing Rewards
VC Spectra (SPCT) is a community-based decentralized hedge fund that offers the most viable investments in numerous technology startups and advanced blockchain projects. VC Spectra (SPCT) users can invest in various tokens and diversify their portfolios with the best niche market possibilities
In addition, VC Spectra (SPCT) boasts powerful AI trading systems that detect the most rewarding market options with unrivaled levels of precision. Hence, VC Spectra (SPCT) users can identify recurring trends and obtain quarterly dividends and buybacks from the profits of their investments.
VC Spectra (SPCT) is a BRC-20 standard token that is built on the Bitcoin blockchain and includes a deflationary burn mechanism that reduces circulation over time. Adopters gain many exclusive benefits, such as access to pre-ICO discounts and voting rights for future investments, as well as dividends throughout the stages of the public presale.
VC Spectra (SPCT) is currently priced at just $0.044, meaning that Stage 3 investors can expect up to 82% gains when SPCT surges to the targeted $0.080 by the end of Stage 6 of the public presale.
On the other hand, investors during Stage 1 have already amassed as much as 450% gains. The rewards are bound to get exponentially bigger after the official launch, as many major experts have suggested VC Spectra (SPCT) as the best crypto to invest in now.
Arbitrum Price Forecast: Can ARB Rise to $1.10?
The price of Arbitrum (ARB) has surged by 8.79% in ten days, from $0.81 on September 27 to $0.88 on October 7. Bulls believe that Arbitrum (ARB) will maintain its upward momentum and rally toward the $1.10 range by the end of October. Furthermore, several prominent analysts have singled out Arbitrum (ARB) as one of the top crypto coins in the current market due to Arbitrum’s advanced layer-2 scaling solutions.
On the other hand, Arbitrum (ARB) bears warn that ARB’s increased volatility could bring about a negative trend in the next Arbitrum price movements. As for the latest bearish Arbitrum price forecast, Arbitrum (ARB) could drop under $0.75 during the first week of November.
The Arbitrum Foundation transferred 69 million unclaimed tokens with an approximate total worth of $59 million to the network treasury on September 25. Arbitrum (ARB) users had a six-month deadline to claim the ARB tokens since the airdrop on March 23.
Analysts point out that VC Spectra could rival the success of Ethereum (ETH) and Arbitrum (ARB) after SPCT hits exchanges, so chip in today to receive an enormous 50% bonus on all deposits!
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