Many experts believe the bull market is back after the sustained Bitcoin (BTC) rally, which saw the asset break major levels for the first time in months. Two top altcoins that could prove worth these investors’ time are VC Spectra (SPCT) and THORChain (RUNE). Both are pretty well-priced and have plenty of room for growth.
Let’s explore why SPCT and RUNE are worth paying attention to.
>>BUY SPCT TOKENS NOW<<
Summary
- Bitcoin dominance grows as the coin rallies to new levels.
- Investors are finding VC Spectra attractive after an impressive presale.
- THORChain continues to rally despite SEC woes.
Bitcoin Forecast: How High Can BTC Get This Bull Cycle?
The Bitcoin (BTC) rally began back in mid-September. By October 20, the coin was able to break past the $29,195 level for the first time since August. Three days later, Bitcoin (BTC) broke another significant barrier at $33,890, a level the best cryptocurrency platform hadn’t seen since early May 2022.
As of November 23, Bitcoin trades around $37,000, aiming for the next primary resistance level at $40,976. Bitcoin dominance has increased as BTC has rallied over 50% over the past two months. Currently, the Bitcoin dominance stands at 51.5%.
Experts believe the approval of a Bitcoin ETF might be on the cards now that the SEC has exerted pressure on leading lights within the crypto market. Thus easing concerns about the Bitcoin price being manipulated by overseas players. The agency recently fined Binance $4.3 billion for money laundering violations, forcing its CEO to step down.
It’s the kind of news that has the potential to grow Bitcoin dominance and value shortly. Since BTC has managed to peak above its previous high point with each bull cycle, experts tip the coin to reach $100,000 this time. Still, that’s only 170% of its current levels.
Why Investors Fancy VC Spectra (SPCT) as One of the Best Altcoins to Invest in
VC Spectra is for any Bitcoin investor looking to diversify their portfolio with a cheaper asset with plenty of room to grow. SPCT is up 862% over its presale and is tipped to grow even further as the bull market continues.
Having launched recently, VC Spectra is a decentralized protocol for managing digital assets. The platform features several funds that house opportunities within the ICO and DeFi markets. All one needs is some SPCT to access these opportunities, and they are eligible for a share of the profits and other rewards associated with the fund.
The SPCT token is based on the BRC-20 standard, the same as Bitcoin. Also, it features a fixed number of tokens but with a deflationary model. VC Spectra is committed to regular token burns, thus boosting the value of SPCT as the supply reduces over the years.
As of November 23, VC Spectra is conducting the fifth and final presale of SPCT, where each token is going for $0.077. This makes SPCT quite affordable for all investors, potentially leading to higher returns as the price grows.
THORChain (RUNE) is an Exciting Crypto to Buy for Investors
Coming close to VC Spectra in terms of performance is THORChain. RUNE is up 650% over the past six months and is the ideal altcoin to diversify your investment. Only VC Spectra has performed better than THORChain (RUNE) over the period.
Not even the SEC case could stop THORChain (RUNE) from increasing in value. The SEC accused Thor Technologies of breaking securities laws for raising $2.6 million from investors in 2018 and ordered Thor Technologies to pay around $903,000 in October.
Rather than create panic and negativity, the judgment had the opposite effect, as THORChain (RUNE) rallied 285% over the past month. Recently, THORChain (RUNE) broke a major resistance level at $5.2 and turned it into support.
Now THORChain (RUNE) is busy aiming for the next barrier at $9.26, where, if successful, it will face the next one at $13.16.
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
The post Potential Benefits for Bitcoin Investors Diversifying into VC Spectra and THORChain in November appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/potential-benefits-for-bitcoin-investors-diversifying-into-vc-spectra-and-thorchain-in-november/