With the market preparing for a bull run as the year ends, crypto enthusiasts seek top crypto coins likely to surge and deliver massive profits. Monero (XMR), VC Spectra (SPCT), and Pepe (PEPE) are some of the tokens competing for future crypto dominance.
Let’s explore Monero (XMR), VC Spectra (SPCT), and Pepe (PEPE) to find the best cryptocurrency to invest in.
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Monero (XMR) Recovers From Security Breach In Its Community Wallet
On November 2, 2023, the Monero (XMR) developer, Luigi, reported a security breach that drained the Monero (XMR) community wallet of over 2,000 XMR tokens. Consequently, XMR price fell from $171.64 to $170.86 on November 4.
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Following this announcement, Monero (XMR) experienced a decline in investor interest and XMR price. Further, Monero (XMR) lost 3% to close November at $165.
However, in December, with the crypto market going bullish, Monero (XMR) became an attractive crypto to buy as its bearish trend reversed. Between December 1 and 11, XMR price gained as Monero (XMR) jumped 4% from $169.77 to $175.77, accompanied by a 48% surge in traded volumes.
Based on this information, market experts consider Monero (XMR) bullish and recommend that enthusiasts buy Monero as they project a continued rise.
Consequently, experts predict Monero (XMR) may rise to $200 before 2023 ends if its bullish momentum persists.
Is VC Spectra (SPCT) the better crypto token to buy over Monero (XMR)?
VC Spectra (SPCT) Leads DeFi Companies With High Returns In Public Presale
Despite being a new market entrant, VC Spectra (SPCT) is a leading contender for future domination of the crypto market. Its decentralized hedge fund product ensures it stands out from other DeFi companies, attracting experienced and newbie investors. Moreover, AI integration in its investment selection adds a new dimension of uniqueness.
The VC Spectra (SPCT) platform runs on its native digital currency, SPCT. It gives holders voting rights and is the gas token in the ecosystem. Additionally, it ensures proper allocation of quarterly dividends and profit buybacks entitled to VC Spectra (SPCT) investors from the fund’s investing operations.
VC Spectra (SPCT) joins the crypto market via a public presale. It has experienced massive demand with every presale stage and significant price surges that have added to the demand as investors’ FOMO kicks in. Now in the fifth presale stage, VC Spectra (SPCT) has recorded an overall 862.5% price surge from $0.008 to $0.077.
With the public presale ending in the sixth stage, VC Spectra (SPCT) attracts new investors with a generous token bonus and profit projections. Investors joining VC Spectra (SPCT) in the fifth stage anticipate profits based on its current price trajectory, showing it may surpass earlier estimates of a $0.08 public presale closing price.
Pepe (PEPE) Poised To Make Waves In Crypto Market
On December 4, 2023, Binance announced a lending promotion where participants could use PEPE for collateral. The promotion will last until January 1, 2024, and allows investors to borrow up to 10 million PEPE tokens. Following the announcement, PEPE coin price gained 15%, from $0.00000120 to $0.00000138 the following day.
As the crypto market started a bullish run in December, meme coins also experienced a price surge. From December 1 to December 11, PEPE coin price moved 48% from $0.00000108 to $0.00000160. Moreover, PEPE experienced a market capitalization surge to over $450 million from a low of $300 million in August.
Based on this information, market experts consider PEPE bullish and recommend it as an ideal beginner cryptocurrency with a surge projected in the next bull run.
Consequently, PEPE coin price predictions indicate it may reach $0.00000180 before the end of the year if the bull run persists.
Based on the comparison between these three coins, VC Spectra (SPCT) emerges as the clear contender to dominate the crypto market in the future.
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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/2023/12/17/top-contenders-for-future-crypto-dominance-monero-vc-spectra-and-pepe/?utm_source=rss&utm_medium=rss&utm_campaign=top-contenders-for-future-crypto-dominance-monero-vc-spectra-and-pepe