Bitcoin (BTC) transaction fees soar. BNB Chain releases the roadmap for its upcoming upgrade. Meanwhile, a new project is taking the shine off the established cryptos.
How does this fee hike affect the Bitcoin price prediction? What do these upgrades mean for BNB coin price? And why do investors see this new crypto as a good crypto to buy?
What you'll learn 👉
Summary
- The Bitcoin price prediction for 2024 is $99,936.
- BNB could reach $1,054.85 in 2024.
- VC Spectra (SPCT) offers investors a better option.
Bitcoin (BTC) Fees Increase To Its Highest In 20 Months
On December 17, 2023, the BitInfoCharts data aggregator revealed that transaction fees on the Bitcoin (BTC) network had crossed $37, the highest since April 2021. This surge in fee price is driven by the demand for Bitcoin Ordinals.
It has also led to a large backlog of unconfirmed transactions; even transactions that cost up to $2 are being sidelined. Also, casual transactions on the Bitcoin (BTC) network have become expensive for smaller investors.
The issue has produced mixed reactions from investors, with some annoyed that mere pictures cause this hike and others believing that we should expect more of this.
The contention about the issue has become so serious that Bitcoin (BTC) lost 3.7%, falling from $42,236.11 to $40,660.64. However, it’s now 10% higher, trading at $44,938.63.
If the hike and its attendant effects persist, more Bitcoin (BTC) investors might seek alternatives. However, analysts believe the pump triggered by next year’s halving and ETF speculation could push BTC price to $99,936 in 2024.
So, is Bitcoin a good investment? Based on next year’s Bitcoin price prediction, it is.
BNB Coin Price: BNB Chain Releases Greenfield Roadmap
On December 12, 2023, BNB Chain revealed the tech roadmap for its next phase, Greenfield. The major aim of this upgrade is to ensure massive blockchain adoption across Web2 and Web3.
Greenfield’s three basic tenets are simplified development experiences, high performance, and a multichain platform. With these guiding principles, BNB Greenfield aims to achieve high performance for mass adoption, Web2 providers’ levels of performance, and a 5x increase in SP upload and download speeds.
The BNB coin price is 22% more valuable after the roadmap revelation, rising from $237 to $290. Moreover, a BNB price prediction for 2024, at $1,054.85, is optimistic. Analysts predict that Binance will be over its current troubles, allowing BNB to take advantage of this surge.
VC Spectra (SPCT): The New Investors’ Favorite
Pioneer investors in the established crypto projects are now moving to VC Spectra (SPCT). This development is fueled by the need to be a part of a project with much potential to change crypto.
But how is VC Spectra (SPCT) changing the blockchain space? VC Spectra (SPCT) is a decentralized hedge fund that provides the best investment experience in blockchain. The protocol facilitates all investors, including the inexperienced, to the top investment opportunities in blockchain.
Through VC Spectra (SPCT), blockchain entrepreneurs can invest in early-stage blockchain startups and growth-potential projects. They can also earn massive profits by trading specific strategies and sectors in the crypto market.
These revolutionary offerings attracted the first set of investors to VC Spectra (SPCT), helping the protocol raise $2.4 million during its seed sale.
Another attractive feature of VC Spectra (SPCT) is its massive price surges. VC Spectra (SPCT) has gained 862.5% between its first and fifth presale stages. Interestingly, more surges are certain. VC Spectra (SPCT) is set to surpass a 900% increase from its initial price by the end of the presale.
To enjoy VC Spectra’s investment opportunities and future price gains, you must purchase SPCT. The token currently sells for $0.077.
Other benefits of holding SPCT are access to exclusive new ICOs, quarterly dividends and buybacks, and voting rights. Analysts considered all these before naming VC Spectra (SPCT) the best new crypto to invest in.
Learn more about the VC Spectra presale here:
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