Avalanche Faces Headwinds: In Contrast, VC Spectras Surge Continues, Aiming for New Heights Beyond $0.077
With crypto analysts optimistic in the new year, crypto enthusiasts look forward to growing their portfolios. However, Avalanche (AVAX) is staring at a downtrend, as VC Spectra (SPCT) continues to attract investors as it aims for a higher price.
Can Avalanche (AVAX) get back in the green as VC Spectra (SPCT) looks to break records?
Summary
- Avalanche (AVAX) may end January at $36.
- VC Spectra (SPCT) aims to surpass its $0.08 target.
Avalanche (AVAX) Banks On Partnerships To Drive Growth
On January 4, 2024, Avalanche (AVAX) and Ave.io, a leading trading terminal, announced a partnership. The collaboration seeks to enable users of Ave.io ease of access to projects in the Avalanche (AVAX) ecosystem. Following the announcement, AVAX price surged by 5% from $36.80 to $38.74 the following day.
Despite the price surge after the announcement, Avalanche (AVAX) bulls failed to sustain upward momentum as AVAX price fell 19% from $38.74 to $31.48 between January 5 and January 8.
However, investors maintained their interest in Avalanche (AVAX), as its trading volume was mildly affected during the period. Consequently, analysts consider Avalanche (AVAX) one of the top altcoins to watch this year.
Despite AVAX price fluctuations and the fall in the first week of 2024, experts consider it a top crypto to buy. Considering its performance in the previous year, AVAX price projections show it may hit $36 at the end of January and continue rising in Q1.
VC Spectra (SPCT) Attractiveness Rises As It Seeks To Surpass 900% ROI Promise
VC Spectra (SPCT), an innovative decentralized hedge fund, continues attracting investor attention as its public presale approaches its final days. Its ingenious use of AI to assess investments into which to allocate pooled investor funds is one of its stand-out features. Moreover, VC Spectra (SPCT) invests in promising blockchain projects and profitable tech companies to ensure its investors make a profit.
VC Spectra (SPCT) offers dividends and attractive buyback deals. Besides investing, VC Spectra’s (SPCT) additional revenue streams include lending and trading. The platform uses algorithmic and systematic trading strategies to help investors minimize risk.
SPCT is the native digital currency on the Spectra platform, enabling holders to vote and transact easily. It is a BRC-20 standard token with inbuilt deflationary capabilities for automatic burning when circulation exceeds specified levels.
Consequently, crypto enthusiasts view VC Spectra (SPCT) as a top DeFi crypto currently undervalued, leading to the massive demand experienced in the ongoing public presale. Moreover, increased investor interest has led to the 862.5% price surge from $0.008 to $0.077 from the first stage of the public presale to the final one.
However, as the public presale nears its end, VC Spectra (SPCT) has yet to hit its $0.08 target. Given its price trajectory, investors maintain optimism that it will surpass its estimated price. Consequently, VC Spectra (SPCT) entices new investors with an attractive bonus to buy stakes before the presale ends.