Ethereum (ETH) has lost momentum as it nearly cleared the validator queue. Meanwhile, investors have shifted their focus to Loom Network (LOOM) and VC Spectra (SPCT) after witnessing their exponential growth.
Let’s explore what’s happening around the three top altcoins and find the best crypto to buy now!
What you'll learn 👉
Summary
- Ethereum (ETH) could surpass the $3,000 price mark by 2024.
- Experts say that Loom Network (LOOK) is all set to surge by over 142% in 2024.
- VC Spectra’s (SPCT) public presale price performance sets the stage for 10x growth.
Ethereum Exhibits a Slowdown in the Growth of Stacked ETH
A recent report by Coindesk on October 13, 2023, revealed that Ethereum (ETH) is experiencing a significant slowdown in the growth of staked ETH. The once-crowded queue for new validators on the Ethereum blockchain has drastically diminished.
It showcased a remarkable decrease from a peak of over 96,000 in early June to merely 598 validators presently waiting to join the network. Moreover, the waiting time to deploy new validators onto the Ethereum network has reduced remarkably to just five hours from a peak of 45 days.
The price of Ethereum (ETH) showed an evident dip after this news. The ETH price declined by 1.65% from $1,571.75 on October 13 to $1,545.74 on October 14. Yet, the question remains: How high can Ethereum go in 2024?
According to the Ethereum price prediction, experts are optimistic about Ethereum’s (ETH) price performance in the coming months. The Ethereum price prediction indicates that Ethereum’s price is expected to surpass the $3,000 threshold and potentially reach $3,019.29 by 2024.
This Ethereum price prediction is primarily based on speculation of an impending bull run and ETH’s recent promising price performances.
Loom Network Update: LOOM Price Soars Following The Listing On Gate.io
Loom Network (LOOM) recently received a significant boost as it was added to the trading roster of Gate.io, a major player in the cryptocurrency exchange landscape. This listing, which took place on September 25, 2023, is a considerable milestone for LOOM.
Historically, cryptocurrencies experience a significant price jump upon being listed on renowned exchanges like Binance and Gate.io. That’s why the Loom Network token recently witnessed the highest surge among top crypto coins.
The Loom Network (LOOM) price surged by 232% from $0.1075 on September 25 to $0.3574 as of October 14. This impressive price jump by LOOM signifies the positive market sentiment and increased demand that followed the listing.
Looking into 2024, experts anticipate a promising future for Loom Network (LOOM), projecting a surge of approximately 142% in its price. The Loom Network (LOOM) price prediction suggests a potential increase to $0.8677 by 2024.
The optimism around the Loom Network (LOOM) price is propelled by expectations of an upcoming bull run and considering LOOM’s recent encouraging price performance.
Investors Move to VC Spectra (SPCT) Amid Prospects of 10x Gains
VC Spectra (SPCT) is a decentralized hedge fund taking an innovative approach to profitability. Now garnering attention as the best ICO among new DeFi projects, it has immensely impressed investors. Basically, VC Spectra (SPCT) ensures profitability through meticulous investments in companies with the potential to bring substantial returns.
SPCT is the native token of the VC Spectra platform, which is built on the Bitcoin blockchain as a BRC-20 standard token. Moreover, SPCT follows a deflationary model similar to BTC. Therefore, its supply reduces over time.
VC Spectra is now in Stage 4 of its public presale at $0.055 per SPCT after surging 587% from its Stage 1 price of $0.008. Most recently, VC Spectra (SPCT) took a spectacular price leap of 25% from $0.044 to $0.055 as it transitioned to a new stage of its public presale. So, should you consider SPCT as the best cryptocurrency to invest in for huge gains?
According to market analysts, SPCT will grow further as it approaches the end of its public presale. These forecasts project a 10x growth for SPCT during its public presale by hitting its target price of $0.080. Furthermore, VC Spectra (SPCT) currently offers an exciting 100% bonus on each deposit for new investors!
Learn more about the VC Spectra presale here:
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