Stellar (XLM) is experiencing a price decline despite its recent announcement of a significant upgrade to the Stellar Community Fund (SCF). For investors seeking guidance on the best cryptocurrency investment following Stellar’s recent decline and uncertain trajectory, industry experts recommend newcomers VC Spectra (SPCT) and Celestia (TIA). The remarkable resilience and substantial growth potential of SPCT and TIA position them as the most promising top crypto coins. Let’s learn more!
>>BUY SPCT TOKENS NOW<<
Summary
- Stellar (XLM) could reach $0.15 by the end of 2023 following a Bitcoin ETF approval.
- VC Spectra (SPCT) gains by 725% with more expected earnings after listing on exchanges.
- Celestia (TIA) shows great progress despite being a new project, with its price expected to go above $7.00 by the end of 2023.
Stellar (XLM): Some Experts Predict A Potential Rebound While Others Anticipate Further Decline
On November 9, 2023, Stellar (XLM) announced a significant upgrade to the Stellar Community Fund (SCF), demonstrating its dedication to supporting the community. The announcement emphasized the strategic timing of the SCF upgrade, which coincided with the upcoming launch of Soroban’s Mainnet.
Despite the positive announcement, the Stellar XLM price dropped by 8.23% from $0.1301 on November 9 to $0.1194 on November 10. However, as of November 16, Stellar (XLM) had recovered from previous lows to trade at $0.1214, demonstrating the resilience and community support behind the coin’s journey.
Industry experts have differing opinions on the Stellar price prediction. Bullish projections suggest that the Stellar XLM price may reach $0.15 by the end of 2023, following its recent upgrades and the prevailing optimism regarding approving a Bitcoin ETF.
Alternatively, the Stellar XLM price could drop below $0.11 if market sentiment becomes bearish. Now, let’s see why VC Spectra (SPCT) and Celestia (TIA) are the best cryptos to buy now in the wake of Stellar’s (XLM) challenges.
>>BUY SPCT TOKENS NOW<<
VC Spectra (SPCT): From An Unknown Project To The Most Promising Top ICO
While Stellar (XLM) is facing price uncertainty, VC Spectra (SPCT), a new decentralized hedge fund, is gaining attention as one of the top DeFi projects. Besides investing in highly lucrative initiatives, VC Spectra (SPCT) uses expert venture capitalists and risk managers to evaluate their profitability thoroughly.
VC Spectra’s (SPCT) standout feature is its native token, SPCT, which follows the BRC-20 standard on the Bitcoin blockchain. The SPCT token includes a deflationary mechanism that gradually reduces its supply, potentially increasing its value. Moreover, SPCT token holders participate in democratic decision-making through voting, receive quarterly dividends, enjoy buybacks, and have exclusive pre-ICO access.
Regarding profit-making, VC Spectra (SPCT) has made significant progress since raising $2.4 million in its private/seed sale. During its presale stages, it has generated substantial returns for investors. In Stage 4, SPCT is priced at $0.066, achieving a 725% ROI from its initial Stage 1 price of $0.008.
Furthermore, VC Spectra (SPCT) is the best crypto investment due to the potential to surpass the projected price of $0.080 during the presale, resulting in a significant 900% growth from Stage 1. The surge could also establish VC Spectra (SPCT) as one of the leading new DeFi projects in 2023, surpassing expectations and providing significant rewards to existing investors.
Celestia (TIA) Proves In Less Than A Month After Its Mainnet Launch
Celestia (TIA), a new token, is impacting the crypto industry with its unique approach to blockchain technology. The new blockchain ICO launched its mainnet on October 31, with leading exchanges such as Binance, Kucoin, and Bybit confirming their intention to commence trading.
Celestia (TIA) initially traded at $2.03 on October 31, but it has since shown impressive resilience by rebounding towards the $6 mark. Bitfinex announced on November 14 that it will begin accepting deposits for TIA, with trading set to start on November 16.
Consequently, Celestia’s (TIA) price surged to $6.31 on November 14 and reached a record high of $6.47 on November 15. The surge reflects a significant 68.6% increase, generating considerable interest and speculation in the cryptocurrency market. Unfortunately, on November 16, Celestia (TIA) declined by 13% to trade at $5.62.
Despite Celestia’s (TIA) decline on November 16, some analysts remain optimistic about its price prediction. They predict TIA will surpass the resistance level of $6.45 by the end of November 2023 and reach its upper resistance level of $7.00 if it regains its bullish momentum. If bears overpower the bulls, the coin could lose momentum and fall to test its support level of $5.53.
Learn more about the VC Spectra (SPCT) presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
The post Stellar (XLM) Faces Challenges, Experts Suggest Investing in New Cryptos with High Growth Potential appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/stellar-xlm-faces-challenges-experts-suggest-investing-in-new-cryptos-with-high-growth-potential/