A powerful new chain is being built on Polkadot (DOT). Celestia (TIA) is also welcoming a new chain. Meanwhile, a new cryptocurrency has gotten investors’ hearts and funds.
What are the new projects that will be using Polkadot (DOT) and Celestia (TIA)? And why is this new project so attractive to investors? Let’s go into the details.
Summary
- Polkadot (DOT) could reach $12.04 in 2024.
- Celestia (TIA) eyeing a rebound to $7.59 in 2024.
- VC Spectra (SPCT) is the top crypto to buy.
Polkadot Price Prediction: Polkadot (DOT) Provides Base For Cardano’s Multichain Expansion
On November 6, 2023, Polkadot (DOT) announced on its official X account that Cardano will use Substrate, Polkadot’s (DOT) software development kit to build its expansion chain.
Substrate enables developers to build interoperable and customized chains like the one Cardano is building. IOG, Cardano’s developer, said Substrate was chosen because of its flexibility and resilience in accommodating interoperable blockchains. The developer also praised its consensus mechanisms and handling of stake centralization.
This development initially pushed the Polkadot price higher by 18.3%, from $4.97 to $5.88. However, due to market headwinds, Polkadot price plunged 12.2% to $5.16.
However, analysts predict an upsurge when Cardano’s partner chain is fully deployed and functional. When this happens, they predict that Polkadot price might reach $12.04. However, they also expect the prevalent conditions of the market to play a role. If the deployment occurs during a bull market, then DOT might exceed this price.
StableNet Will Be Built With Celestia (TIA) DA
On November 22, Lumoz announced that its new zk EVM rollup, StableNet, will be built on Celestia’s (TIA) Data Availability (DA) and Polygon’s CDK. This will make StableNet a trailblazer in the zk EVM space.
It also means that Celestia’s (TIA) new Data Availability technology is already playing an important role in the development of the blockchain industry.
This news should have boosted Celestia’s (TIA) price, but the opposite happened. Since the announcement, Celestia’s (TIA) price has lost 8.8%, falling from $6.00 to $5.47.
Analysts say this slump was triggered by early Celestia (TIA) investors taking their profits as the market lost momentum.
However, analysts predict that Celestia (TIA) will rebound to $7.59 in 2024 as the market prepares for the bull run that next year’s Bitcoin halving will trigger.
This makes the cryptocurrency one of the altcoins to watch next year.
VC Spectra (SPCT) Attracts Investors With Unique Features And Spectacular Surges
As other cryptocurrencies struggle, VC Spectra (SPCT) offers a way out for observant traders. This new cryptocurrency has been quietly making waves during its presale, and the news is finally getting out. More investors are flocking in to get a piece of the action.
During its public presale, VC Spectra (SPCT) has gained an astounding 862.5%, increasing from $0.008 to $0.077. This is way more than other cryptocurrencies have gained within the same period. It is no wonder smart traders now see VC Spectra (SPCT) as a viable investment opportunity.
However, as incredible as it sounds, VC Spectra (SPCT) offers much more than price increases. It is a decentralized hedge fund that provides experienced and novice investors with the best blockchain investment experience.
VC Spectra (SPCT) ensures access to invest in early-stage blockchain startups, promising Web3 firms, and unique niches. Investors can also trade arbitrage and stake or lend their crypto assets.
To access these services, you will need to purchase the VC Spectra (SPCT) token, which is currently $0.077. Those who join the train now can also still make profits from holding the VC Spectra (SPCT) token.
All these show why VC Spectra (SPCT) is the best crypto to invest in now.
To learn more about VC Spectra (SPCT), visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
