Toncoin (TON), VC Spectra (SPCT), and THORChain (RUNE) are making headlines amid a week of strong crypto rallies. Toncoin has surged following a Telegram integration, and THORChain continues to maintain its bullish trend. Meanwhile, VC Spectra is attracting attention with its promising developments in the decentralized finance industry.
Let us explore what is the best cryptocurrency to invest in for premium gains.
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THORChain (RUNE) Stays Bullish After Introducing Cross-Chain Infrastructure
THORChain (RUNE) launched cross-chain infrastructure on August 31, integrating with major wallets and DEXs. The innovative feature of streaming swaps has given THORChain an advantage, allowing practically slippage-free huge deals. This feature is expected to increase trading volumes and attract more liquidity.
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Meanwhile, THORChain (RUNE) traded at $1.8708 on September 18, up 24.79% from $1.4991 on August 31. On September 3, the THORChain (RUNE) market cap was $639 million, with a strong 24-hour trading volume of $76.7 million, highlighting its expanding market momentum. As additional liquidity enters the network, some experts say the price of THORChain (RUNE) may rise further.
On the other hand, technical indicators like the RSI-14 indicate bearish momentum, and if THORChain (RUNE) falls below the $1.50 support, RUNE might drop considerably lower.
As a result, some analysts expect that despite the bullish news and features, RUNE may decline by October. Thus, this makes RUNE one of the most interesting altcoins to watch as the bulls and bears fight for dominance.
Toncoin (TON) Surges As Telegram Opens Crypto to 800 Million Users
Telegram announced the launch of TON Space, a self-custodial crypto wallet, on September 13. According to Telegram’s announcement, the wallet will be open to its 800 million users. Global access to TON Space is set to commence in November, but users in the United States will gain immediate access in a pilot launch.
On the back of this news, Toncoin (TON) has seen a surge in its price, rising by 27.25% from $1.89 on September 13 to $2.40 on September 18. With investor interest expected to remain sustained following Telegram’s latest integration, the road ahead for this top altcoin looks bullish. More precisely, experts believe that Toncoin (TON) could reach the price of $2.64 by the end of October.
However, considering the immediate resistance level of $1.98, a drop in the Toncoin (TON) price is possible in the coming days. With the Relative Strength Index (RSI) being in an overbought region, Toncoin’s (TON) buying pressure may decrease in the near future. Furthermore, the VPVR indicator suggests that there is a lack of significant trading volume within TON’s present price range.
Investors Flock Towards VC Spectra’s (SPCT) Amazing Offerings
Analysts believe that VC Spectra (SPCT), with its innovative features and unrivaled real-world utility, is primed for mainstream adoption. As a result, once this hidden gem is available on major cryptocurrency exchanges, VC Spectra (SPCT) is likely to surpass competitors such as Toncoin (TON) and THORChain (RUNE).
VC Spectra (SPCT) is a decentralized hedge fund that focuses on discovering the most promising investment opportunities in existing blockchain projects and technology businesses. Holders of VC Spectra (SPCT) can explore a wide selection of tokens and niche markets while getting quarterly dividends and buybacks from the proceeds of their well-informed investment decisions.
Astute investors are taking advantage of the early stages of the public presale of VC Spectra (SPCT). Currently priced at $0.033, SPCT will reach a price of $0.080 once all presale stages are completed. As a result, VC Spectra (SPCT) is prepared to provide a significant 142.42% ROI to current investors and up to 10x returns to Stage 1 investors.
Hence, VC Spectra (SPCT) sits firmly atop the experts’ list of the best crypto to invest in.
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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/2023/09/22/thorchain-soars-32-93-in-a-week-vc-spectra-and-toncoin-with-even-better-performance/?utm_source=rss&utm_medium=rss&utm_campaign=thorchain-soars-32-93-in-a-week-vc-spectra-and-toncoin-with-even-better-performance