Circle’s recent introduction of USDC to the NEAR Protocol failed to sustainably spur NEAR’s prices higher. Meanwhile, enhanced privacy technology on Monero (XMR) has seen the XMR price rally. Elsewhere, VC Spectra’s (SPCT) game-changing DeFi platform is gaining momentum and attracting attention.
Which of these top crypto coins are experts recommending to investors in October?
Summary
- NEAR Protocol’s collaboration with Circle fails to lift the NEAR price.
- Experts say Monero (XMR) will rise and reach $168.00 before November ends.
- VC Spectra (SPCT) is expected to reach $0.080, marking a substantial 82% surge.
NEAR Falters Despite USDC Integration
On September 14, Circle issued an official statement announcing the introduction of USDC to the NEAR Protocol. According to the announcement, users now have access to USDC on NEAR Protocol via their Circle accounts.
Following this announcement, there was a 1.80% uptick in the value of NEAR Protocol (NEAR) over the next 24 hours. By September 15, the price of the token had risen from $1.11 to $1.13. However, this price surge was short-lived, and it fell from $1.13 on September 15 to $1.04 on October 10, a 7.96% decline.
Although NEAR Protocol (NEAR) underwent a partial retracement, analysts anticipate a long-term increase in its value. Predictions suggest that the price of NEAR Protocol’s token could surge to as high as $2.00 by the end of November, positioning it as one of the best cryptos to buy. This bullish prediction is based on the series of partnerships about to be announced by NEAR Protocol.
On the other hand, bearish analysts believe this top altcoin could be on the verge of a prolonged downtrend. This is because technical indicators such as the daily RSI are predicting a sustained dip. In such a scenario, they believe the token could fall to $0.55 by the end of October.
Monero’s XMR Price Rallies Following Improved Privacy Tech
On September 5, Monero (XMR) introduced an enhancement to its privacy technology, known as “Monero Stealth Addresses.” In essence, this upgrade conceals the sender’s and recipient’s identities when you buy Monero (XMR). This development came as a big deal for individuals who prioritize privacy in their crypto dealings.
Following this news, the XMR price surged from $137.78 on September 5 to $152.22 on October 10, a 10.48% rise in value. With the Monero (XMR) team promising even more enhancements to its privacy technology, bullish experts are confident that Monero (XMR) could reach $168.00 by November.
On the other hand, looking at technical indicators such as the 10-day SMA and the Cumulative Delta (CVD), bullish analysts are forecasting a looming downtrend for Monero (XMR). In such a scenario, many believe the XMR price could fall to $120.50 by the end of October.
VC Spectra: The Newcomer Set to Revolutionize Crypto Investments
VC Spectra (SPCT) is rapidly gaining prominence as one of the top DeFi projects, setting itself apart as a decentralized hedge fund. It offers users a unique combination of dividends, voting privileges, and exclusive entry to new ICOs, positioning VC Spectra (SPCT) at the forefront of the next generation of blockchain investments.
Operating on the BRC-20 standard, VC Spectra’s SPCT token stands out due to its unparalleled real-world utilities. What’s more, the pricing strategy of VC Spectra (SPCT) has captivated the attention of investors.
Currently, in Stage 3 of its public presale, the SPCT token is currently priced at $0.044. Stage 1 investors have already witnessed a substantial 450% return on their investments. With SPCT expected to rise to $0.080 by the end of the presale, Stage 3 investors are set to earn a staggering 81.82% return on investment.
What’s more, VC Spectra’s other presale incentives, such as the time-limited 100% deposit bonus, add further allure for early adopters.
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
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