Chainlink’s (LINK) dynamic 2023 fourth quarter was marked by notable price fluctuations. However, Chainlink staking version 2.0 pushed LINK to reach its yearly high in the second week of December, albeit for a limited time. Meanwhile, VC Spectra (SPCT), a new player in the market, garnered attention as the top crypto to buy after raising $2.4 million in its private/seed sale. Furthermore, its public presale phase has been characterized by remarkable achievements that dwarf LINK’s performance.
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Summary
- VC Spectra (SPCT) inches closer to the end of Stage 5 of its public presale, with its earliest investors anticipating a more than 900% ROI.
- Chainlink staking v0.2 goes public, but LINK price declines, though bullish analysts anticipate a rebound to $18.36 by the end of 2023.
VC Spectra (SPCT) Stuns Its Earliest Investors with an 862.5% ROI
Despite being one of the new DeFi projects in the market, VC Spectra (SPCT) has garnered so much interest that it dwarfs Chainlink (LINK) in growth and profits. The decentralized hedge fund owes its success to its highly innovative investment strategies that aim to maximize investor profits while mitigating risks.
As a top blockchain ICO, VC Spectra (SPCT) achieves its goals by investing in the most lucrative startups and existing projects. It leverages the knowledge of highly experienced venture capitalists who sieve through all available projects to produce the best results. Furthermore, VC Spectra (SPCT) utilizes the power of artificial intelligence and cutting-edge trading strategies to achieve its goals.
Additionally, VC Spectra (SPCT) rewards its token holders with periodic dividends from their investments and buybacks. Investors also vote on the platform’s future initiatives and have unlimited access to new ICOs.
As one of the leading top DeFi projects, VC Spectra uses its BRC-20 standard token, SPCT, as its core principle for diverse use cases, real-life utility, and asset management. Furthermore, the token is deflationary, which helps regulate supply, thus increasing its value over time.
VC Spectra’s (SPCT) presale has been an impressive journey since Stage 1, which started with a modest price of $0.008. The massive demand for the multi-stage public presale has propelled the price to $0.077 in Stage 5, indicating an 862.5% gain for Stage 1 investors.
As Stage 6 of the public presale inches closer, VC Spectra’s (SPCT) investors can expect to gain more than 900%. Why? Initially, the estimated price for this stage was $0.080. However, due to the high demand for the SPCT token, the value might surpass the originally projected figure, thus achieving more than a 900% increase.
Can Chainlink (LINK) outperform VC Spectra (SPCT) as the best cryptocurrency investment? Let’s find out!
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Chainlink’s (LINK) Price Declines Amidst Its Bullish Sentiment: Will It Reclaim Its Yearly High by the End of 2023?
On November 9, 2023, Chainlink (LINK), one of the top altcoins, released the timeline for the upcoming launch of the new staking mechanism version 0.2. The announcement stated that Chainlink staking mechanism would commence on November 28, with early and public access starting on December 7 and 11, respectively.
Following the announcement, Chainlink’s (LINK) price surged by 54%, from its November 1 low of $10.74 to a monthly high of $16.53 on November 11. However, profit booking caused a Chainlink price drop, with LINK’s value ranging between $13.04 and $15.37 from November 14 to December 1.
Chainlink (LINK) reclaimed the $16 threshold on December 3, aided by top whales accumulating over $50 million LINK, according to a December 2 Santiment report.
Subsequently, early access to Chainlink staking v0.2 commenced on December 8. As a result, LINK immediately surged to $17.10 from its day’s low of $15.60 and eventually to a yearly high of $17.27 on December 9. Despite Chainlink staking v0.2 going public on December 11, LINK’s price declined from its yearly high to $14.92 as of December 14.
Amid these developments, sentiment towards Chainlink (LINK) remains bullish. Analysts predict the same momentum may continue, pushing the token’s price to $18.36 by the end of 2023. The surge to that price could be buoyed by optimism surrounding Bitcoin ETF approval.
Consequently, if LINK investors continue with profit-taking and selling pressure, Chainlink’s price prediction will be around $14 by the end of 2023.
Learn more about the VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Source: https://www.cryptopolitan.com/cryptos-new-frontier-this-emerging-coin-exceeds-all-expectations-rivaling-chainlinks-record/