As the market exits an enduring period of deterioration, the firstborn cryptocurrency, Bitcoin (BTC), is staging a meteoric comeback, with its price smashing significant resistance levels. Due to the impact of Bitcoin (BTC) as a bellwether cryptocurrency, experts are visualizing potential levels to expect VC Spectra (SPCT) and the Solana SOL crypto price before Christmas.
Let’s find out what analysts expect of these top crypto coins.
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Summary:
CryptoQuant asserted that Bitcoin (BTC) will continue rising and expects it to hit $50,000 by Christmas.
VC Spectra (SPCT) is in the fifth stage of its presale, bringing it closer to the end of this phase.
Solana investors expect SOL to hit $70 before the end of 2023.
CryptoQuant Predicts Bitcoin (BTC) Touching $50,000
Due to the building optimism surrounding the approval of a spot Bitcoin ETF, coupled with the entry of the long-anticipated bull market, BTC has experienced a major price increase. This price increase saw Bitcoin (BTC) reclaim the $44,000 level on December 5. With this remarkable turnout, market players speculate about Bitcoin (BTC) maintaining its current upward trajectory.
In response, crypto analytic platform CryptoQuant suggested that the flagship digital asset is far from letting up. According to CryptoQuant’s Bitcoin prediction on December 7, BTC will attain $50,000 before Christmas and $53,000 at the start of 2024. This forecast is based on a boost in the current Bitcoin dominance metric.
As the chart depicts, Bitcoin is up 8.47% from $39,972 on December 4 to $43,359 on December 7. Based on CryptoQuant’s Bitcoin prediction, BTC will increase by 15% to attain $50,000. Considering this Bitcoin prediction, BTC might be a good crypto to buy before Christmas for immediate gains.
VC Spectra Price Prediction: Can SPCT Complete Its Presale Before Christmas?
VC Spectra (SPCT) is a new DeFi coin making waves in the crypto sphere due to its incredible price outlook and unmatched prospects. It raised $2.4 million during its private seed sale, making it one of the most successful projects in the decentralized finance ecosystem. As a result, VC Spectra has established itself in the crypto space, with massive adoption of SPCT ongoing among institutional investors.
As a decentralized hedge fund, VC Spectra introduces blockchain enthusiasts to numerous profitable investment opportunities with minimal risks. The platform allows users to invest in emerging projects with the help of venture capitalists who guide the selection process. This method lets users select crème de la crème options while safeguarding their funds.
VC Spectra also offers decentralized trading and asset management services. Holding SPCT, the native token of VC Spectra, attracts rewards such as quarterly dividends, buybacks, access to new ICOs, and voting rights, which can be exercised in the protocol’s governance. VC Spectra is in the fifth stage of its public presale, with the DeFi coin price at $0.077.
At the current rate of SPCT accumulation, VC Spectra might round off its presale before Christmas, with an exchange listing happening sooner rather than later. This projection makes VC Spectra (SPCT) the best cryptocurrency to buy before the end of 2023.
Solana (SOL) Investors Eye $70
Top altcoins like Solana (SOL) initiated an uptrend after Bitcoin (BTC) set the stage for a market-wide rally. Solana (SOL) easily tapped into this momentum due to its potential for significant growth. As the SOL crypto price increases, investors speculate about the possibility of Solana hitting $70.
On December 7, Data Insight, a data analytic firm, reported that Solana’s active wallets rose to 400,000, putting a small distance between itself and Ethereum (ETH). The increase in active wallets reflects the rising adoption of the Solana network and its native currency, SOL. It shows that users are developing renewed interest in exploring Solana’s DeFi and NFT capabilities, which could impact the SOL crypto price.
Per market data, Solana (SOL) rose 7.99% from $62.99 to $68.01 between December 4 and December 7. Having analyzed SOL, experts noted in their Solana price prediction that the coin will hit $70 in the coming days. This jump will see SOL increase in value by 2.92%.
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
The post Bitcoin Gains Momentum: Anticipated Growth for VC Spectra and Solana Ahead of Christmas 2023 appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/bitcoin-gains-momentum-anticipated-growth-for-vc-spectra-and-solana-ahead-of-christmas-2023/