2023 has been a very eventful year for the crypto market. VC Spectra (SPCT) has revolutionized project launches and the financial landscape with its gains. Whereas NEO has lost the gains made after the mainnet and testnet upgrade on September 5. Monero (XMR), on the other hand, has been facing regulatory hurdles and is trading sideways.
Let’s review the 2024 crypto projections: VC Spectra (SPCT) vs. NEO vs. Monero (XMR).
What you'll learn 👉
VC Spectra (SPCT) Poised For Further Growth Amid Bullish 2024 Crypto Projections
With its innovative, democratic, decentralized hedge fund and trading platform, VC Spectra has revolutionized the fintech industry. The platform uses blockchain technology and the latest AI to make investing in new ICOs and DeFi companies accessible to all. VC Spectra is designed to remove all entry barriers into the crypto markets, such as geographical, technical, and financial.
Built on the Bitcoin network and by deploying smart contracts, VC Spectra (SPCT) generates profits through investments. On top of that, the platform undertakes advanced trading strategies such as systematic, algorithmic, arbitrage, market making, and scalping, among others.
The VC Spectra (SPCT) ecosystem is vast, with products such as a Marketplace, Prediction Market, and Terminal. Users can invest in new DeFi projects individually or select among the funds managed by VC Spectra. Some of the funds managed by VC Spectra are Eclipse Opportunity, Alpha Matrix, Quantum Ventures, Arbitrage, and Nexus.
The native token used for governance on the VC Spectra platform is SPCT. It is a BRC-20 token compatible with all major ERC-20 wallets. As a measure of security, VC Spectra has a token vesting schedule and lockup period for the SPCT token.
The SPCT token is being sold by VC Spectra in multiple stages of the public presale. It is currently in Stage 3 of the presale at a price of $0.033 per SPCT. The demand is so high that SPCT has surged to this price in Stage 3 ahead of schedule. By reaching its Stage 4 price, SPCT has generated 312.5% and 200% gains for Stage 1 and Stage 2 investors, respectively.
At the conclusion of the presale, SPCT is poised to reach $0.080 per token. This would mean a return of 142.42% surge from its current price. However, Stage 3 of the presale is more than 62% completed, as investors are flocking toward it from all over the world, especially due to the 50% deposit bonus. So, the presale might end sooner than expected.
As these gains are even before SPCT is listed on any exchange, its 2024 crypto projection is highly bullish. Adding to this sentiment is VC Spectra’s plan for SPCT to join major exchanges following the presale.
NEO Loses The Gains Made After Mainnet and Testnet Upgrade
NEO has had a very topsy-turvy price action, especially with the crypto market taking a bearish turn. Amid the bearishness, Grayscale’s victory over the SEC on August 29 caused a mini-surge in the market. NEO pumped to $7.51 on August 30 before entering a correction again.
The only time that the NEO price correction was stopped was when NEO rose to $7.74 on September 5. This surge in the NEO price was after the release of the NEO-CLI v3.6.0 upgrade for the Mainnet and Testnet. This surge in the NEO price was also short-lived as the crypto winter grew stronger. The NEO price soon dropped 5.5% from its September 5 high to trade at $7.31 on September 16.
Despite this uneven price action, the NEO team is actively participating in the Token2049 Conference in Singapore. Even before the main events for Token2049 are about to start between September 18-19, NEO has created a space for itself. NEO, COZ, and AxLabs have partnered to share web3.0 technology.
As the crypto landscape grows, NEO is on its way to becoming a major player in the ecosystem. This is one of the major reasons why the 2023 crypto projections for NEO are bullish.
Monero (XMR) Consolidates After Binance Delisting in Belgium
The Monero XMR price also witnessed a surge along with NEO and others after Grayscale’s victory. The Monero XMR price reached $147.98 on August 30 before correcting. The bear market correction in the XMR price was made worse as the regulatory noose tightened around Monero.
On September 6, Binance delisted Monero (XMR) in Belgium. This was a further blow to the Monero (XMR) users after it was delisted in four European countries earlier in June 2023. As a result, the Monero (XMR) token fell by 6.8% to reach $137.78 on September 6.
But on September 8, Cake Wallet by Monero announced a slew of updates. These updates include auto-gen new XMR addresses, coin control, and 2FA, along with several other updates.
In a further positive development for Monero (XMR), CoinRabbit launched Monero (XMR) backed loans for an unlimited period. As a result, the Monero (XMR) price has stabilized. It is up by 5% from September 6 to trade at $144.68 on September 16.
Therefore, the 2024 crypto projections for Monero (XMR) are turning bullish as users turn towards protecting their privacy. Investors looking to buy Monero (XMR) are advised by experts to start accumulation for the bull run in 2024.
Despite the bullishness of NEO and Monero (XMR), VC Spectra (SPCT) is the clear winner. Its gains and utility are unmatchable, making it the best crypto to buy in September, especially with the upcoming price surge next month.
Learn more about the VC Spectra presale here:
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