Shiba Inu (SHIB) appears to be struggling, while Tron (TRX) has recorded some modest gains. After registering some incredible returns, VC Spectra (SPCT) has many investors questioning whether it is a better investment compared to the likes of Shiba Inu and Tron.
Let’s explore how the three projects have performed and find out if VC Spectra (SPCT) presents better opportunities compared to the other two top altcoins.
SHIB News: Will Shiba Inu Coin Reach $1?
Shiba Inu (SHIB) remains one of the top meme coins around after Dogecoin (DOGE). However, on the downside, it lacks apparent utility, meaning its price is solely driven by speculation. Also, Shiba Inu (SHIB) boasts a very high number of tokens.
There are over 589 trillion Shiba Inu (SHIB) tokens, which isn’t good for their price. As of October 10, one Shiba Inu (SHIB) token is going for $0.00000687, meaning it has to grow over 14,555,900% to get to $1. That’s quite an ask for Shiba Inu (SHIB) or any other cryptocurrency.
Essentially, there isn’t enough positive SHIB news to build hype around the project to fuel the price of Shiba Inu. Moreover, even a quick glance at the existing SHIB news doesn’t offer any glimmer of hope. The token’s trading volume is down by over 40% over the past few days, and its price has dropped by over 36% in the past year. Overall, it seems Shiba Inu (SHIB) is suffering the effects of the bear market.
Still, Shiba Inu (SHIB) is one of the most interesting altcoins to watch. For instance, Shiba Inu whales have chosen to capitalize on the dismal performance of SHIB. According to Etherescan, on October 11, a Shiba Inu whale snapped up 2 million SHIB tokens in preparation for the next rally.
Tron Coin Price Prediction: What Next For TRX?
Tron coin is one of the few top altcoins that happen to be in the green during 2023. Tron coin is up 36% over the past year, putting it in an exclusive group of the best-performing altcoins right now. The decent performance of the Tron coin coincides with the 5-year anniversary of its mainnet deployment.
As of October, Tron (TRX) boasts over 165 million users worldwide, has processed over 5.7 billion transactions and boasts the highest number of daily active users and daily transactions. All of these are incredible stats for Tron (TRX), which bonds well for its token.
Tron (TRX) has some way to go before revisiting its all-time high price of $0.17, recorded back in July 2018. However, as things stand, Tron (TRX) appears to have begun its ascent to the top.
Why VC Spectra (SPCT) Is One Of The Best Cryptocurrency To Invest In Right Now
The newly launched VC Spectra (SPCT) is proving to be the altcoin of the year. The project serves as a decentralized asset management tool that simplifies crypto investing for inexperienced investors. VC Spectra (SPCT) employs AI and other advanced technologies to fish out quality projects and crowdfund them.
The returns realized from these investments are shared with its VC Spectra (SPCT) token holders in the form of quarterly dividends. Interestingly, the amount one gets depends on how many SPCT tokens one holds.
Recently, VC Spectra (SPCT) entered its third presale stage at $0.044 per token. Investors who bought during the first presale stage when the price was $0.008 have made 450% of their investment. In turn, buyers who got in at the second presale stage when VC Spectra (SPCT) was valued at $0.011 have already seen an ROI of 300% to date.
The team behind VC Spectra (SPCT) plans to list the project on major exchanges once the token hits its target price of $0.080. This means those who get in now stand to earn a quick 82% return on investment. Also, they will get a 100% deposit bonus on top of enjoying the massive returns that come with listing.
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
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