While Filecoin (FIL) struggles despite the proposal to integrate its Virtual Machine into Uniswap v3, Aave (AAVE) declines following the activation of the paraswap smart contract adapter. On the other hand, VC Spectra (SPCT) emerges as a promising investment opportunity with the potential to skyrocket by 100x.
Which of these top crypto coins is considered the best investment in October? Let’s find out!
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Summary
- The Filecoin (FIL) price is predicted to fall below the $3.00 mark by October 21.
- The price of Aave (AAVE) is predicted to drop below the $60.00 mark by October 25.
- VC Spectra (SPCT) is projected to surpass the projected value of $0.080 by the presale’s end.
Filecoin Price Prediction: FIL Drops Despite Uniswap Proposal
On October 4, 2023, the Uniswap Foundation came up with a new governance proposal for the community to vote on integrating the Filecoin (FIL) Virtual Machine into Uniswap v3. Despite this development, the news had no impact on the Filecoin price prediction.
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Consequently, the price of Filecoin (FIL) experienced a slight decline of 2.7%, dropping from $3.33 to $3.24 within 24 hours. Since then, the price of Filecoin (FIL) has fluctuated between $3.40 and $3.10, eventually settling at $3.20 as of October 16.
Furthermore, crypto analysts are predicting a further decline in the FIL value if the overall market sentiment remains bearish. Based on the current Filecoin price prediction, the Filecoin (FIL) price is predicted to fall below the $3.00 mark by October 21.
Aave Price Prediction: AAVE Crypto Faces Bearish Pressure Post-Paraswap Integration
On October 5, 2023, AAVE made an important announcement regarding the activation of the paraswap smart contract adapter. This new feature enables users to perform functions such as repayment with collateral, collateral switch, and debt switch for the Base market directly on the AAVE’s Interface.
Yet, the AAVE crypto declined in value. The price of AAVE dropped by 8.08%, falling from $72.13 to $66.30 within 24 hours. Moreover, the downward trend continued in the following days. Between October 5 and 16, the price of the AAVE crypto further declined to $63.90, resulting in another 3.70% decrease in its value.
Experts believe that the AAVE crypto may continue to decline if the overall market conditions do not improve. They have projected that the price of AAVE could drop below the $60.00 mark by October 25.
VC Spectra (SPCT): A Crypto Investment Revolution
While top altcoins like Filecoin and Aave face challenges, VC Spectra (SPCT) is capturing the attention of investors with its unique approach and promising prospects. With its ongoing public presale, VC Spectra has the potential to skyrocket by 100x, presenting an exciting opportunity for those seeking significant returns.
Unlike other investment options in the blockchain space, VC Spectra (SPCT) offers a simplified and accessible way for individuals to invest in the rapidly growing world of cryptocurrencies. By leveraging the expertise of industry professionals, VC Spectra selects high-potential projects for its investment portfolios, making it the best cryptocurrency for beginners and experts alike.
The transformative features and tangible utility of VC Spectra (SPCT) have positioned it as a top contender among an array of cryptocurrencies. The SPCT token’s impressive performance during its private seed sale, raising $2.4 million, demonstrates the confidence investors have in its potential.
Furthermore, the current stage of the public presale has seen a remarkable surge in value, with a staggering 587.5% increase since its initial price of $0.008, reaching $0.055 in Stage 4.
The unprecedented demand for VC Spectra indicates that it is poised to exceed its initial forecast of $0.080 by the end of the presale, potentially leading to even more significant gains. To further incentivize participation, VC Spectra is offering a limited-time 10% bonus on all deposits – Don’t miss out!
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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/2023/10/19/while-filecoin-and-aave-struggle-this-crypto-asset-could-skyrocket/?utm_source=rss&utm_medium=rss&utm_campaign=while-filecoin-and-aave-struggle-this-crypto-asset-could-skyrocket