Crypto experts anticipate positive momentum for Dash (DASH) and Maker (MKR), the latter of which has exceeded expectations in value. Still, the best is yet to come with VC Spectra (SPCT), poised for a 10x rise.
All these projects seek to rise up the ranks of top DeFi Projects. But only one is truly the best crypto investment. Let’s review the prospects of each to find out, starting with Dash.
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Is Dash (DASH) Still A Worthwhile Investment?
Dash is one of the oldest cryptocurrencies, first released in January 2014. It’s a simple payments-focused digital currency with privacy features, which is one of the main problems with Dash.
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Many other projects have evolved over the years. Dash is among the projects seemingly forgotten after the 2017 crypto bull run. It doesn’t generate active social media discussions or feature regularly in mainstream news for fresh developments.
While Dash isn’t dead, it’s more in ‘mildly dormant’ territory. With this in mind, Dash price forecasts suggest some fuel in the tank for future rises. Currently worth $27, Dash could be worth at least $52 and $75 by the start of 2024 and 2025, respectively.
Now, let’s look at the MKR crypto project, which has performed much better.
Will Maker (MKR) Reach $2000 By 2024?
Maker’s (MKR) performance for 2023 surpassed expectations, placing the project firmly in the best DeFi projects. A few reasons have contributed to the rally in Maker (MKR) that began in mid-June 2023.
Maker (MKR) is the issuer of the third-most traded stablecoin, Dai. But, more specifically, Maker (MKR) increased its vast reserve assets in US treasuries, taking advantage of the high bond yields. All this led to Maker’s (MKR) annual revenue increasing 4x in 2023.
Another catalyst is the Enhanced Dai Savings Rate introduced in August 2023, where the interest rate went from 3.19% to 8%. This has, of course, led to more interest in Dai, thus boosting Maker (MKR).
Moreover, some MKR price forecasts anticipate more bullishness for 2024, with minimum targets from $2000. MKR price estimates expect the same trajectory leading into 2025, with a minimum target of $2800.
Still, the MKR price may be too high to earn a decent return. Meanwhile, VC Spectra’s (SPCT) value is an attractive low point, offering the most investing value.
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Can VC Spectra (SPCT) Truly Rise 10x?
VC Spectra (SPCT) is a decentralized asset management and trading platform for new companies in blockchain and technology, set to provide consistent long-term dividends. This is thanks to early-stage funding, meticulous due diligence from an expert team, and trading intelligence incorporating machine learning algorithms.
VC Spectra (SPCT) also provides access to managed funds like Alpha Matrix Fund and Quantum Ventures Fund focused on niche crypto sectors. Regardless, VC Spectra (SPCT) offers an accessible, smart contract-driven, cost-efficient investing platform that welcomes anyone regardless of wealth, location, or experience.
Like Maker (MKR), decentralized governance is key to VC Spectra (SPCT), letting its community vote on proposals. This is possible with the Spectra token (SPCT), which also offers access to discounted pre-ICOs and quarterly dividends.
SPCT is in a presale (Stage 3) trading for $0.033, a 312.5% increase from the Stage 1 value of $0.008. Investors who got involved in VC Spectra during the latter time anticipate 10x returns during Stage 6, where SPCT will be worth $0.08. Still, current buyers can earn a respectable 142% gain.
So, really, VC Spectra (SPCT) remains the best crypto to invest in now.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Source: https://thecryptobasic.com/2023/10/03/dash-dash-and-maker-mkr-anticipate-positive-momentum-while-vc-spectra-spct-has-potential-for-a-10x-rise/?utm_source=rss&utm_medium=rss&utm_campaign=dash-dash-and-maker-mkr-anticipate-positive-momentum-while-vc-spectra-spct-has-potential-for-a-10x-rise