In recent market developments, Shiba Inu (SHIB) has faced a bearish trend despite its integration into PondX. Meanwhile, THORChain (RUNE) and VC Spectra (SPCT) have experienced a surge in investor interest due to their innovative features.
What recent trends have led to an increasing investor interest in these top crypto coins? Let’s find out!
What you'll learn 👉
Summary
- The price of Shiba Inu (SHIB) is expected to drop to $0.0000057.
- THORChain (RUNE) is projected to rise by 2% and reach $2.10.
- VC Spectra (SPCT) is experiencing a remarkable surge in investor interest in its presale.
SHIB Price Prediction: Shiba Inu Faces A Bearish Trend
On September 4, 2023, PondX announced the integration of Shiba Inu (SHIB) into its platform. This decision came after conducting a community poll, in which Shiba Inu (SHIB) emerged as the winner, garnering 46% of the votes.
However, despite the positive Shiba Inu news, SHIB failed to realize the anticipated gains. Between September 4 and 30, the price of Shiba Inu (SHIB) experienced a decline of 5.19%, dropping from $0.0000077 to $0.0000073.
Investors attribute this downward trend to a significant decrease in the Shiba Inu burn rate around September 5. This decrease may have put inflationary pressure on SHIB, thus resulting in a bearish SHIB price prediction.
Moreover, experts predict a further decline in the value of SHIB if overall market conditions remain bearish. According to the current SHIB price prediction, the price of Shiba Inu is expected to decrease by 21.92% and drop to $0.0000057 in a few days.
Streaming Swaps Propel THORChain (RUNE) To New Heights
On September 2, 2023, THORChain (RUNE) made headlines by achieving a remarkable milestone. THORChain (RUNE) garnered an impressive $1 billion in monthly volume in August, up significantly from around $400 million in July. This surge in volume indicates a substantial increase in investor interest.
The surge was attributed to THORChain’s (RUNE) new “Streaming Swaps” feature, which simplifies the exchange process and reduces price slippage. Following the news, THORChain (RUNE) experienced a 3.23% increase in value. The price of THORChain (RUNE) rose from $1.55 to $1.60 within 24 hours.
The positive momentum continued over the subsequent days. Between September 2 and September 30, the price of THORChain (RUNE) experienced a further increase, rising from $1.60 to $2.01. This additional gain amounted to a 25.63% increase in its value.
Moreover, given the recent developments and the positive market sentiment, analysts are optimistic about the future price trajectory of THORChain (RUNE). They predict that the altcoin price will rise by an additional 9.45%, reaching $2.20 in the coming days.
VC Spectra’s (SPCT) Presale Witnesses Remarkable Investor Interest
VC Spectra (SPCT), one of the top DeFi projects, is experiencing a remarkable surge in investor interest during its ongoing public presale. The project’s native token, SPCT, has seen another increase in value, reaching $0.044 in Stage 3 of the presale, primarily driven by high demand.
Investors who seize the opportunity to acquire SPCT tokens at the current price of $0.044 stand to benefit from substantial gains. As the presale progresses, projections indicate that SPCT will hit $0.080, representing an impressive 82% surge.
VC Spectra’s appeal extends beyond the potential for significant financial gains. The platform distinguishes itself by offering a range of benefits to its token holders. For instance, SPCT token holders enjoy quarterly dividends during the public presale, as well as buybacks from investment profits. Furthermore, token holders also gain access to new ICOs in the seed/private sale phase, along with voting rights within the platform.
With its innovative approach, VC Spectra (SPCT) aims to democratize access to the blockchain and technology industry while ensuring a secure, transparent, and lucrative investment experience for its users. The platform caters to a diverse range of investors, including individuals, family offices, and institutional investors, all seeking alternative investment opportunities that align with their values and principles.
Moreover, VC Spectra’s (SPCT) commitment to transparency, profitability, and inclusivity positions it as an attractive option for those seeking a secure and prosperous investment journey in the evolving digital landscape. As the final incentive, SPCT currently includes a 50% bonus on all deposits.
Find out more about the VC Spectra (SPCT) presale here:
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