Amidst Broad Market Downturn, Monero (XMR) and VC Spectra (SPCT) Shine Brightly
As the cryptocurrency market grapples with volatility, two top altcoins have emerged as beacons of resilience and promise. Monero (XMR) and VC Spectra (SPCT) have defied market odds and shown their mettle in recent developments.
Let’s explore these tokens’ potential. Moreover, which of the two holds better prospects for long-term gains and profitability?
Summary
- Monero (XMR) experienced a 10% price surge despite being delisted from Binance.
- VC Spectra (SPCT) storms the market with an impressive 450% price increase.
The XMR Price Defies Binance Delisting, Experts Predict Further Gains for Monero
On September 6, 2023, Binance announced its decision to halt trading of privacy coins, including Monero (XMR), in Belgium. This decision was slated to come into effect on September 21, 2023, with Binance citing adherence to local laws as the primary motivation for the delisting.
Belgian customers were notified that they would no longer be able to buy Monero (XMR) or sell it on Binance, alongside other privacy coins like MobileCoin (MOB), Firo (FIRO), and Horizen (ZEN). The crypto community expected that such an action would negatively impact the price of Monero XMR.
However, in a surprising twist, despite the news, Monero’s (XMR) price displayed remarkable resilience and gained significant momentum. The XMR price surged from $137.70 on September 6 to $152.34 by October 12, 2023, marking a notable 10% price increase.
Market experts attribute Monero’s (XMR) bullish performance to the Antminer X5, a Monero miner that was launched in August 2023. The introduction of this mining device is believed to have increased XMR’s demand, subsequently driving its price upwards.
Moreover, as optimism builds within Monero’s community, experts predict that the XMR price will hit the $159.37 price level by the end of October.
VC Spectra (SPCT) Soars as a Top DeFi Project, Promising High Returns
Amidst the volatile crypto market, VC Spectra (SPCT) has emerged as one of the top DeFi coins, capturing the attention of those seeking exceptional opportunities. The platform operates as a decentralized hedge fund aimed at helping investors make strategic investments in high-potential fintech and blockchain projects.
Aside from lucrative investment opportunities, VC Spectra (SPCT) gives its token holders quarterly dividends and early access to promising new ICOs during their seed and private sale phases. This unique advantage gives SPCT holders an edge in the competitive crypto market.
VC Spectra’s (SPCT) token is currently priced at $0.044 per token in Stage 3 of its public presale. This represents a 450% ROI from its initial price of $0.008 in Stage 1 and a 300% ROI from its Stage 2 price of $0.011. These impressive gains have attracted investors’ attention.
Experts predict that VC Spectra’s (SPCT) price will continue to rise with each presale stage, reaching a target price of $0.080 by the final stage of its presale, Stage 6. This would translate to an 82% ROI for investors entering at the current stage and price.
VC Spectra’s (SPCT) amazing presale performance has ranked it amongst the top altcoins to watch out for in 2023. Its unique features and promise of high returns make it a project that is reshaping the DeFi landscape.
To learn more about VC Spectra (SPCT) and its presale, visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund