Over the past month, Litecoin (LTC), one of the top altcoins, has been facing a significant price drop, leaving investors concerned. On the flip side, TRON (TRX) surges due to a strategic partnership with Curve Finance, promising a bullish trajectory. Meanwhile, VC Spectra (SPCT) emerges as a beacon of opportunity in the DeFi landscape, offering an astounding 10x return. Let’s analyze these crypto trends further!
Summary
- Litecoin (LTC) significantly declined due to its halving event.
- TRON (TRX) is projected to reach $0.1040 in October 2023.
- VC Spectra (SPCT) aims for the $0.08 mark, yielding 10x returns to investors.
Litecoin News: Bears Remain in Control After LTC Halving Event
Since July 2023, Litecoin (LTC) has been under bearish pressure due to fear surrounding its halving event. Following this Litecoin news, holders sold their LTC tokens in anticipation of a price drop, causing a significant price decline.
According to Litecoin news, the halving event, which took place on August 2, 2023, reduced the block reward for miners from 12.5 LTC to 6.25 LTC. This was the third halving event for Litecoin, and it occurs every 840,000 blocks or approximately every four years.
Between July and October, Litecoin (LTC) dropped from $113.23 to $65.01, indicating a 42% decline. Litecoin’s (LTC) trading volume also dropped from $1.15 billion to $233.72 million. This performance has made investors worry about the token’s future.
Based on its performance since the halving event, Litecoin price prediction continues to show the bears in control. Market analysts predict that LTC will continue declining, dropping to $61.39 by October 7, 2023.
TRON Partners with Curve Finance, TRX Price Surges 10%
In a strategic move to expand its influence in the decentralized exchange (DEX) space, TRON (TRX) made headlines in August 2023 by partnering with Curve Finance. This partnership paved the way for Curve’s DEX to launch on the TRON network, marking a significant milestone for both platforms.
The integration of Curve Finance’s DEX onto TRON’s network on August 29, 2023, opened up new horizons for TRX price. Between August 29 and September 29, TRON (TRX) surged impressively, climbing from $0.0773 to $0.0877. This represents a substantial 13% price increase in TRX price.
Due to its performance following the Curve Finance partnership, market experts are optimistic about TRON’s continued uptrend. Price projections suggest that the price of TRON coin will reach $0.1040 in October 2023, signaling continued growth and potential for this dynamic cryptocurrency in the months to come.
VC Spectra (SPCT) Gains Momentum as Investors’ Favorite with Lucrative Presale Stages
VC Spectra (SPCT) has swiftly emerged as a standout choice for investors since its launch a few months ago, promising substantial returns and positioning itself as one of the top DeFi projects.
VC Spectra (SPCT) functions as a decentralized hedge fund that invests in high-quality blockchain projects. It shares the profits of these investments with its token holders in the form of quarterly dividends. The amount of dividends received is proportional to the number of VC Spectra (SPCT) tokens held.
VC Spectra (SPCT) is currently in Stage 3 of its presale, with tokens available at $0.044 each. This marks a 450% increase from its initial selling of $0.008. Another thing that sets VC Spectra (SPCT) as one of the top DeFi coins is its presale target.
With the presale nearing completion, the token is close to its final presale price of $0.080, a 10x surge from its initial price. This is a great opportunity for investors, as those who buy SPCT at the current price of $0.044 stand to gain 82% ROI. Additionally, there is a 50% deposit bonus, which makes this investment even more attractive.
To learn more about VC Spectra (SPCT) and its presale, visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund