Very Bullish-Rated Synthetix (SNX) vs. VC Spectra (SPCT) vs. Avalanche (AVAX)

VC Spectra

Synthetix (SNX) set a bullish precedent after upping its value by 12.5% on September 4. In the same light, VC Spectra (SPCT) displayed strength against a highly volatile market, promising a 220% growth potential. Likewise, the Avalanche AVAX price witnessed a significant uptick following Grayscale’s partial victory against the SEC.

Let’s see which of the three is the best crypto to invest in now and why!

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Synthetix (SNX) Spikes Alongside Exchange Outflow

On-chain activity tracker Lookonchain has provided insight into recent Synthetix (SNX) outflows from top exchanges

According to data provided by Lookonchain, an anonymous individual reportedly moved over 3 million Synthetix (SNX) tokens from crypto giant Binance to a relatively new wallet on September 4. The total amount of Synthetix SNX tokens transferred amounted to $7.7 million.

For context, exchange outflows indicate the decision of crypto users to take custody of their assets. It signals a buying move, which implies the presence of bulls in the market.

As a result of this tactical scenario, Synthetix (SNX) registered an impressive 1.55% growth on September 4. This growth represented an uptick in the price of Synthetix (SNX) from $1.90 to $1.93. Synthetix (SNX) is currently trading at $2.214, a 0.03% increase.

Also, Synthetix (SNX) marked an astronomical 250% surge in trading volume on September 4, from $38.4 million to $96 million. Analysts expect this outlook to set the pace for a bullish momentum onward, underscoring SNX as one of the best cryptos to buy now.

VC Spectra (SPCT): The Best Cryptocurrency of The Season?

VC Spectra (SPCT) has successfully positioned itself on the best cryptocurrency of the season roster. VC Spectra (SPCT) preemptively foraged the crypto landscape with sophisticated use cases and exceptional features.

VC Spectra (SPCT) is a community-centric decentralized hedge fund that rewards users with massive returns on investment. The system enables SPCT holders to access new initial coin offerings (ICOs) within the ecosystem and express their voting rights.

On the fascinating benefits of engaging the VC Spectra (SPCT) mainnet, adopters are automatically eligible for quarterly dividends and access to a buyback program. This buyback scheme will enable anyone holding SPCT tokens to reinvest the profits from their initial investment.

SPCT, VC Spectra’s native token, is a standard BRC-20 token developed on the Bitcoin blockchain. Created with a deflationary model, SPCT possesses a burn mechanism that cuts down circulation over time. In addition, SPCT offers invaluable benefits on the platform, including decentralized trading, asset management, and payment of transaction fees.

VC Spectra (SPCT) is currently in the third Stage of its public presale with a market value of $0.025. Investors will benefit from a 32% surge when VC Spectra (SPCT) reaches $0.033 in the fourth Stage. VC Spectra investors will realize 220% ROI at the end of the presale when SPCT reaches $0.080

This remarkable outlook forced experts to tag VC Spectra (SPCT) as the best cryptocurrency of the season. 

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Market Players Tread Warily Around Avalanche (AVAX)

Despite the recent positive price action of Avalanche (AVAX), market participants have chosen to move carefully around it. This wariness is due to the Avalanche AVAX price slipping to a monthly low. Avalanche (AVAX) plunged to the $9.947 level on August 28, representing a 21.52% fall in price.

The fall in the Avalanche AVAX price resulted from the general bearish pressure in the market. In particular, Avalanche (AVAX) is down 91% from an all-time high of $116.

Meanwhile, during the market rally on August 29, following the announcement of Grayscale’s partial win versus the Security and Exchange Commission (SEC), Avalanche (AVAX) recorded a significant uptrend. The Avalanche AVAX price grew by 4.24% to $11.21.

Notably, several cryptocurrencies, including AVAX, will benefit enormously from the approval of Grayscale’s Bitcoin ETF. According to experts’ AVAX price prediction, the token will climb to new highs throughout September. This projection highlights AVAX as one of the best cryptos to buy for short-term gains. 

Learn more about the VC Spectra presale here:

Buy Presale: https://invest.vcspectra.io/login

Website: https://vcspectra.io  

Telegram: https://t.me/VCSpectra 

Twitter: https://twitter.com/spectravcfund

Source: https://www.analyticsinsight.net/very-bullish-rated-synthetix-snx-vs-vc-spectra-spct-vs-avalanche-avax/