Crypto analysts have predicted an upcoming bull run in the market. But which crypto coin will take the lead?
Ethereum Classic (ETC) anticipates a price uptick, along with other top crypto coins following positive prospects in the SEC vs. Bitcoin ETF case. Meanwhile, VC Spectra (SPCT) has become the best ICO with an 81.81% surge in price. Elsewhere, Maker (MKR) is expected to soar as it reiterates its decision to invest in US government bonds.
Will ETC and SPCT overtake MKR? Which is the best crypto to invest in?
What you'll learn 👉
Summary
- Ethereum Classic (ETC) surges 1% amid speculation of Bitcoin ETF approval.
- Experts say VC Spectra (SPCT) will surge by 81.81% in the upcoming bull run.
- Maker (MKR) can soar beyond the $1,700 price mark in 2024.
Ethereum Classic (ETC) Sees Hope with Potential SEC Nod for Bitcoin ETFs
In a recent discussion at CCData’s Digital Asset Summit in London on October 3, 2023, Martin Bednall, former BlackRock managing director and current CEO of Jacobi Asset Management, expressed optimism regarding the approval of all spot Bitcoin ETF applications by the SEC.
This development is encouraging for Ethereum Classic (ETC), among other top crypto coins. Ethereum Classic (ETC) has seen a surge in its price amid the positive sentiment surrounding the SEC vs. Bitcoin ETF case in 2023.
Following Bednall’s encouraging remarks about the potential approval of Bitcoin ETFs, Ethereum Classic (ETC) experienced a slight increase in its price. On October 3, the price of ETC stood at $15.66 per ETC. Subsequently, after the optimistic forecast, the price increased by 1%, reaching $15.83 per ETC on October 6.
So, according to Ethereum Classic price prediction, is Ethereum Classic a good investment?
Per Ethereum Classic price prediction, experts in the field foresee a substantial surge in the price of Ethereum Classic (ETC). Ethereum Classic price prediction indicates a rise to $27.14 by 2024, fueled by expectations of an upcoming bull run and positive sentiments around the SEC vs. Bitcoin ETF case.
Experts Say VC Spectra (SPCT) Can Surge by 81.81% Soon
VC Spectra (SPCT), a decentralized investment management firm, has been termed the best ICO among new DeFi projects. This innovative platform focuses on real-world utility in addition to profitability. By employing an advanced AI algorithm and a team of investment experts, VC Spectra (SPCT) ensures higher returns for investors.
SPCT, the native token of the VC Spectra platform, is a BRC-20 standard token built on the Bitcoin blockchain. Furthermore, this innovative token follows a deflationary mechanism. Thus, the VC Spectra (SPCT) token supply reduces over time. However, it’s the price performance of SPCT that has brought it into the spotlight.
The VC Spectra (SPCT) has delivered an impressive 450% gain for its investors so far in the public presale phase. Starting with a token price of $0.008 in Stage 1, VC Spectra (SPCT) has now surged to $0.044 in Stage 3. So, is VC Spectra (SPCT) the best crypto to buy in 2023?
Experts believe that the upcoming bull run will push the VC Spectra (SPCT) token price to reach $0.080 by the end of the public presale. Thus, this price surge will bring a staggering 81.81% profit for new investors. Moreover, VC Spectra (SPCT) is now offering a 100% bonus on each deposit for new investors!
Maker (MKR) Rises After Strategic Investment Decision
A recent Bloomberg report on September 29, 2023, highlighted MakerDAO’s significant move in the cryptocurrency space. MakerDAO confirmed its substantial investment in US government bonds, amounting to billions of dollars. This strategic investment aims to enhance the stability and sustainable yields of Maker (MKR).
Following the release of the Bloomberg report outlining MakerDAO’s investment in US government bonds, the price of Maker (MKR) surged significantly. On September 29, the Maker (MKR) price stood at $1,440. After the news surfaced on September 30, 2023, the MKR price experienced a notable increase of 7.5%, reaching $1,548.
However, the rise was short-lived as Maker (MKR) has dropped to $1,370 by October 9. Despite this dip, according to the MKR price prediction, experts foresee a promising future for Maker (MKR). Forecasts suggest a substantial surge, with the MKR price potentially reaching $1,750 by 2024.
These MKR crypto forecasts are based on the anticipation of an upcoming bull run and are reinforced by MakerDAO’s strategic investment decisions, ongoing developments, and historical price performance.
Learn more about the VC Spectra presale here:
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