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The crypto market has been staging a recovery since the start of October. However, some top altcoins have been performing deplorably despite this resurgence, leaving investors wondering which cryptocurrencies they should buy. According to experts, the best altcoins to watch include THORChain (RUNE), XRP (XRP), and VC Spectra (SPCT), which secured $2.4 million in its seed/private sale.
Which of these altcoins promise huge returns in 2023 and beyond? Let’s delve into expert opinions and predictions to find out!
Summary
- THORChain (RUNE) plunges significantly, losing over 8% in seven days.
- XRP price ticks up after a US federal judge ruled in its favor.
- VC Spectra (SPCT) becomes the top altcoin to buy after exceeding Stage 3 price expectations.
THORChain (RUNE) Loses Over 8% Over Seven Days
THORChain (RUNE) has put up a performance show in the last two weeks, starting September 29. THORChain (RUNE) was trading around $1.94 on September 29 before climbing as high as $2.21 on October 2.
These gains came after whale activity spurred a strong buying force. Specifically, a crypto whale sent 7,749 Ethereum (ETH) worth around $13 million to the THORChain (RUNE) router and Railgun contract on October 1.
However, THORChain (RUNE) failed to maintain these gains. By October 6, THORChain (RUNE) had plunged and stabilized around $1.76. This price change represents an 8.76% drop. Despite this decline, experts believe this whale activity will trigger more THORChain (RUNE) gains in the coming days.
According to experts, THORChain (RUNE) can soar to $2.41 by the end of 2023. This forecast is based on THORChain (RUNE) gaining more adoption as its infrastructure for cross-chain swaps becomes mainstream. In addition, by the end of 2025, analysts predict THORChain (RUNE) can hit $3.86, making THORChain (RUNE) a good crypto to buy.
XRP (XRP) Soars After A Favorable Court Ruling
XRP has been trending upward since the start of October. The XRP crypto price started October trading at $0.52 and traded as high as $0.53 on October 4. These gains came after recent Ripple XRP news after a US federal judge refused to let the SEC appeal its loss against Ripple Labs on October 4.
According to analysts, the XRP crypto price is set to soar further as more positive news surrounds the revolutionary crypto project. Experts believe XRP will hit $0.61 by the end of October as more investors buy the token based on its recent court victory. By attaining this price, XRP will have surged 15.09%, making it one of the best coins to invest in.
In the long term, bulls believe the SEC will either drop or lose its lawsuit against Ripple Labs, pushing the XRP crypto price much higher.
VC Spectra (SPCT): Set To Exceed Public Presale Expectations
VC Spectra (SPCT), a decentralized hedge fund and trading platform, has been making headlines since the start of its public presale. The project leverages AI technology and systematic and algorithmic trading strategies to offer investors a profitable investment experience.
Additionally, VC Spectra (SPCT) investors enjoy quarterly dividends and buy-backs, voting rights, and early access to exclusive pre-ICOs. These benefits make VC Spectra (SPCT) the best cryptocurrency to buy now!
By October, VC Spectra (SPCT) had entered Stage 3 of its public presale. During this stage, investors can purchase VC Spectra (SPCT) at $0.044. Notably, this was the projected price for Stage 4, meaning that VC Spectra (SPCT) is experiencing more demand.
Stage 3 investors will enjoy an 81.81% ROI after the token soars to $0.080, the projected price for the end of its public presale. However, analysts believe the increasing demand for VC Spectra (SPCT) will see the token surpass the $0.080 level before the end of its public presale. To sweeten the deal, VC Spectra (SPCT) is offering a 100% bonus on any deposit!
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
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
