BNB (BNB) is facing selling pressure after Binance agreed to pay the U.S. government $4.3 billion in fees and fines. At the same time, Changpeng Zhao pled guilty to one federal charge on November 21. Blur (BLUR) started falling when its founder was forced to address Blast Ponzi scheme allegations on November 24. The popularity of VC Spectra (SPCT), a new project that raised $2.4 million during its private sale, is on the rise.
Which of these three picks is the best crypto to invest in now – BNB, BLUR, or SPCT?
What you'll learn 👉
Summary
- BNB dropped 13% in less than two weeks.
- BLUR could reach $1 in Q2 2024.
- Investors earned 862.5% profit during the ongoing SPCT presale.
BNB Price Prediction After Binance Settles with the U.S.
On November 21, Binance agreed to pay $4.3 billion as part of its settlement with the United States Department of Justice (DoJ), while the exchange’s then-CEO Changpeng Zhao agreed to step down after pleading guilty to money laundering charges.
BNB, a top ten cryptocurrency, is naturally expected to drop in price due to this setback. For the record, the U.S. and several other countries have been investigating Binance for some time. After the news, the BNB coin price nosedived 13.4% after its price dropped from $266.82 on November 21 to $231.19 on December 4.
BNB dropped to $226 and seems to have found support at this level. Analysts have given a long-term bullish BNB price prediction as they expect the price of BNB to reach $300 in Q2 2024. Experts argue that Binance is a big exchange and will weather the storm, which will help BNB increase its price in the long run.
Blur’s Experiences Selling Pressure After Ponzi Allegations
On November 24, Blur’s co-founder (known on Twitter as @PacmanBlur) was forced to address a ‘misunderstanding’ regarding his other crypto project, Blast. It is alleged that Blast is a Ponzi, and this has the potential to affect BLUR’s price action.
BLUR is down 21.8% after its price fell from $0.6798 on November 24 to $0.5319 on December 4. This comes even though the crypto market is red-hot, with some altcoins registering big gains in a short space of time.
Despite this, BLUR is seen as one of the top crypto coins to buy as investors give a bullish prediction. It is predicted that BLUR will reach $1 in Q2 2024. As NFT volume begins to increase, the value of BLUR is expected to rise.
VC Spectra (SPCT) Continues to Rise in Popularity
Investors have resoundingly endorsed VC Spectra (SPCT) as the best crypto investment. Functioning as both a decentralized asset management protocol and trading platform, VC Spectra (SPCT) assures investors of a secure, transparent, and lucrative investment venture.
At the core of the VC Spectra ecosystem is SPCT, a token that adheres to the BRC-20 standard. This token serves several purposes, including facilitating seamless exchange, decentralized trading, asset management, and covering transaction fees within the VC Spectra (SPCT) platform.
VC Spectra (SPCT) has surged to Stage 5 of its presale, where each SPCT goes for $0.077, up from $0.008 in Stage 1. To date, Stage 1 investors have earned an 862.5% profit during the ongoing VC Spectra (SPCT) presale.
Analysts claim that VC Spectra (SPCT) is the best coin to invest in, as it is projected to reach $0.08 in Stage 6. This marks a 900% gain for Stage 1 investors. VC Spectra (SPCT) is up 16.6% from Stage 4 to Stage 5.
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale | Website | Telegram | Twitter
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