When looking for the best altcoins to buy, experts analyze recent news, price action, and ecosystem growth. Despite announcing new partnerships in August 2023, Neo has had a tough time. Bitcoin Cash (BCH), on the other hand, made impressive gains before turning bearish. But VC Spectra (SPCT), known for its real-world utility and its potential to yield 220% gains to investors, has been the game-changer.
Let’s delve into which of them is the best altcoins to invest in.
What you'll learn 👉
Neo recently unveiled a number of new partnerships. These include a collaboration with KIMPGA on August 17. With this partnership, Neo became the official partner of the Meta Era Summit 2023 on August 25. Similarly, on August 29, Neo announced a strategic partnership with Skry Labs.
However, despite these developments, NEO has experienced a 10.09% decline from its August 16 price of $7.69, trading at $6.92 as of September 11. Based on the price action since August 16, market analysts expect a continued decline, with NEO potentially reaching $6.67 by September 30.
On the other hand, should NEO’s price breach the $7.55 resistance level, there is potential for it to ascend toward the $8.15 level. With promising volumes, an RSI in oversold territory, and buyer support, NEO is likely to see an uptrend in the coming weeks.
Grayscale emerged victorious in its lawsuit against the SEC on August 28, triggering a substantial rally in the Bitcoin Cash price. Other cryptocurrencies also saw their prices surge on the back of the ruling.
However, Bitcoin Cash (BCH) notably outperformed most leading assets in the 24 hours that followed the ruling. The Bitcoin Cash price rose 17.74% from $190.41 on August 28 to $224.18 on August 29. The surge coincided with heightened whale activity, suggesting their influence in driving up the Bitcoin Cash price.
By September 11, Bitcoin Cash (BCH) had declined by 17.96% to $183.91, potentially indicating diminishing interest from investors. Additionally, the blockchain development activity for Bitcoin Cash (BCH) has slowed when compared to its competitors.
Analysts predict a further retracement to around $180 levels for Bitcoin Cash (BCH) in September, with the potential for a subsequent surge beyond $300 if Bitcoin ETFs receive approval. This Bitcoin Cash price prediction makes Bitcoin Cash (BCH) a good altcoin to watch.
VC Spectra (SPCT) aims to revolutionize the fintech industry by harnessing the power of AI and blockchain technology. It functions as a decentralized venture capital fund, trading platform, and asset management solution.
Investors in VC Spectra (SPCT) have the opportunity to choose top DeFi projects and participate in discounted new ICOs. Additionally, they can invest in various funds, including Alpha Matrix, Quantum, Eclipse Opportunity, and Nexus Fund, among others.
At the core of the VC Spectra platform is the SPCT token, serving as its native governance token. SPCT is designed to be deflationary, gradually reducing its supply over time. Token holders gain access to VC Spectra funds, can cover network fees, and earn rewards.
Currently, VC Spectra’s SPCT token is in Stage 3 of its public presale, priced at $0.033, with 125 million SPCT tokens available for purchase. Following the conclusion of the presale, the price will rise to $0.08 per token, offering Stage 3 investors a remarkable ROI of 220%. Furthermore, purchasing SPCT now comes with the juicy offer of a one-time 50% bonus on your deposit.
Given its potential for growth and innovative features, VC Spectra (SPCT) ranks above NEO and Bitcoin Cash (BCH) among analysts’ lists of the best altcoins to invest in.
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login
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