Crypto investors are enthusiastic the November bull run will last into the new year. Consequently, they analyze the latest price moves of the coins in their portfolios, looking for the best crypto to invest in during a rising market. Some top cryptos investors have considered include dYdX (DYDX), VC Spectra (SPCT), and Dogecoin (DOGE).
Can these coins boost investors’ wealth, given their latest price moves?
Summary
- dYdX (DYDX) to rise to $3.9 after migration to the Cosmos Hub
- VC Spectra (SPCT) rallies 725% in the ongoing public presale.
- Dogecoin (DOGE) is bullish and heading to $0.15 in 2024.
dYdX (DYDX) Moves To Cosmos Hub As It Launches And Open Sources Version 4
On October 27, dYdX (DYDX) announced its migration to the Cosmos Hub and the launch of its dYdX Chain, built on Cosmos SDK. Consequently, dYdX (DYDX) gained $0.02 from $2.31 to $2.33 the following day.
In Q4, dYdX (DYDX) started an uptrend as investors anticipated the migration. The uptick resulted in dYdX (DYDX) breaching a long-term $2 resistance point, as its price moved from $1.97 to $2.44 to gain 24% in October. It continued its bullish trend in November with a 72% jump from $2.31 to $3.98 between November 1 and 16.
However, on November 17, dYdX (DYDX) appeared to lose momentum as its price fell 15% to trade at $3.37. The downtrend was attributable to seller capitalization following the impressive rally and an anticipated 2 million dYdX token unlock scheduled for November 28. With the impact of a supply increase to dYdX (DYDX) unknown, bulls reduced their push, resulting in bear dominance and a price fall.
Based on this information, market experts suggest the reversal is short-term as investors await the unlock to pass. dYdX (DYDX) price predictions indicate it may rise back to $3.9 by the end of the year.
VC Spectra (SPCT) Continues Impressive Rally Amids Public Presale
VC Spectra (SPCT) is a decentralized hedge fund pooling investor funds to democratize investing in the tech and blockchain sectors. In a bid to enhance profitability, VC Spectra (SPCT) has the best investment minds and AI in its arsenal.
VC Spectra (SPCT) is among the best DeFi platforms in the crypto market, enhancing transparency and trust by engaging with diverse investors. It invests in sustainable projects that ensure long-term gain and passive income for investors. Additionally, VC Spectra (SPCT) provides exclusive access to new ICOs.
Moreover, VC Spectra (SPCT) offers a native digital currency, SPCT, to its shareholders. The coin is deflationary and automatically burns excess coins in circulation. Furthermore, it is a governance coin, conferring voting rights to its holders. Also, SPCT holders receive quarterly dividends and profit buybacks and use them for trading and asset management on the Spectra platform.
Investors should buy VC Spectra (SPCT) at debut prices in its public presale, which is now in stage four. The VC Spectra (SPCT) tokens cost $0.066, a 725% return from $0.008 in the first stage.
New investors can also anticipate significant ROI as the public presale advances to the final stage, where projections estimated it would reach $0.08. However, revised estimations indicate the final price may be higher given the demand and recent price charges.
Additionally, new investors receive a momentous bonus when they invest in VC Spectra (SPCT).
Dogecoin (DOGE) Breaches Significant Price Barrier In Bullish Rally
Dogecoin (DOGE) started Q4 rangebound between $0.059 and $0.062 in October. However, Dogecoin (DOGE) broke through the range and started a bullish rally in November. Consequently, Dogecoin (DOGE) moved from $0.068 to $0.076 from November 1 to 16, gaining 12% on the Dogecoin price.
Between November 12 and 16, Dogecoin (DOGE) fell 2.5% from $0.078 to $0.076. However, on November 17, the Dogecoin (DOGE) bulls gained the upper hand and pushed the Dogecoin price past the $0.078 resistance to trade at $0.081, gaining 6.5% from the last trading session.
Market experts suggest Dogecoin (DOGE) is bullish, and now is an ideal time to buy Dogecoin. Furthermore, Dogecoin price predictions indicate it will rise to $0.15 in Q1 2024.
Learn more about the VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io/
Twitter: https://twitter.com/spectravcfund
Telegram: https://t.me/VCSpectra
