Terra (LUNA) attempts to get back on its feet, while Cosmos (ATOM) is close to implementing a radical new proposal. On the other hand, VC Spectra (SPCT) is on a revolutionary mission. How is Terra’s (LUNA) attempt going? What radical proposal is Cosmos ATOM considering? And what is VC Spectra’s (SPCT) mission about?
Let’s find out!
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New Acquisition Heralds Terra’s (LUNA) Recovery: What Should You Do?
Since shortly after its reissue in May 2022, Terra (LUNA) has been on a downward trend. The token fell from $4.97 at reissue to $0.39 in 2023. However, a rally in Q4 2023 saw Terra (LUNA) hit $0.79, a 102% surge for the first time in five months.
Terra’s (LUNA) woes have not only been on the price front. Erstwhile CEO and co-founder Do Kwon was arrested in Montenegro for using a fake Costa Rican passport. Eventually, he had to be replaced by former COO and CFO Chris Amani.
However, Terra (LUNA) seems to be in a place of stability currently. Terraform Labs, Terra’s (LUNA) developers, have purchased a cross-chain portfolio management and analytics startup named Pulsar Finance.
Although the rally slowed, and Terra (LUNA) is now $0.61, analysts believe the price could reach $1.41 in the 2024 bull market. However, this prediction remains speculative as many positive and negative factors revolve around Terra (LUN). Ultimately, this makes Terra (LUNA) one of the altcoins to watch in 2024.
Cosmos (ATOM) Mulls Halving Proposal: Price Implications?
Cosmos ATOM has experienced mixed fortunes. After reaching $15 in February, the token fell to around $6 in October, one of the token’s hardest hits this year.
However, Cosmos ATOM benefitted from November’s altcoin rally, though not as much as some other cryptocurrencies. This is a concern the latest Cosmos (ATOM) community proposal addresses to an extent.
The proposal advocates slashing the inflation rate from 14% to 10% and the staking annual percentage rate (APR) from 19% to 13.4%. This action will reduce delegator and validator reserves in half.
If the proposal passes, it could help increase the Cosmos crypto price by creating scarcity. This is also the reasoning behind analysts’ prediction of the next bull run in 2024 because of Bitcoin’s halving at the beginning of Q2 2024.
Analysts also predict that if this proposal is passed, Cosmos (ATOM) can reach $10.91 from its current price of $8.66 during the 2024 bull market.
VC Spectra (SPCT) Is Changing the Way We invest in Cryptocurrency
VC Spectra (SPCT) has succeeded in attracting the attention of the crypto world with its unique features. This new project is a decentralized asset management protocol and trading platform that provides investors with a secure, transparent, and profitable investment experience.
In addition, VC Spectra (SPCT) ensures crypto newbies can invest in blockchain. It achieves this aim by enabling access to invest in promising crypto ventures, early-stage blockchain startups, and specific niches and trades. VC Spectra (SPCT) also allows investors to trade arbitrage, stake, and lend their crypto assets.
Furthermore, VC Spectra (SPCT) uses AI to recognize trading patterns and pick the best trades. This is combined with tested trading strategies and a sustainable investment approach to ensure wide profit margins.
The VC Spectra (SPCT) token is the ticket to access these features. It can be purchased via the presale at $0.066 in Stage 4, which is 725% higher than the price of $0.008 in Stage 1.
Benefits of owning SPCT include quarterly dividends and buybacks, access to exclusive new ICOs, and voting rights. VC Spectra’s (SPCT) potential to shape how we invest in blockchain is why analysts consider it the top crypto to invest in ahead of Terra (LUNA) and Cosmos (ATOM).
To learn more about VC Spectra (SPCT), visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
The post Terra (LUNA) and Cosmos (ATOM) Soar: VC Spectra’s (SPCT) Role in Shaping Future Markets appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/terra-luna-and-cosmos-atom-soar-vc-spectras-spct-role-in-shaping-future-markets/