As top crypto coins begin to weather the downturn market storm, Chainlink has caught the eyes of deep-pocket investors, causing LINK to loom over the altcoin market. Simultaneously, Dogecoin (DOGE) and VC Spectra (SPCT) are setting the stage for a rally, with the latter flashing a more substantial windfall.
Let’s find out which of these top crypto coins will surge the most.
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Summary
- Chainlink sees increased whale adoption, yet the price of LINK pitfalls.
- Dogecoin (DOGE) is gearing up for a multi-year triangle breakout.
- VC Spectra (SPCT) is anticipating another price boost following the 587% surge.
Chainlink Outperforms Altcoins As Whales Shift To LINK
On October 11, Santiment, an on-chain analytic resource, reported increased activities within the Chainlink (LINK) ecosystem. Specifically, Chainlink (LINK) outpaced other altcoins in the past week after emanating as deep-pocket investors’ favorite. As a result, the Chainlink price experienced a slight nudge upward, rising from $7.25 to $7.39, up 1.82%.
Santiment noted that during this period, Chainlink (LINK) traded higher than the entire altcoin market. The analytic firm also called attention to an increment in the holdings of wallets containing 100,000 to 10 million Chainlink (LINK), suggesting going after the smart money. According to Santiment, these wallets have upped their balances by 6%.
The growing interest in Chainlink (LINK) comes amid crippling confidence in the crypto market. Meanwhile, the Chainlink price has been in a declining motion since the start of October. Notably, the Chainlink price fell 8.25% from $8.05 to $7.39 between October 2 and October 11.
Experts have made a case for Chainlink, focusing on the potential price level of LINK. Per their Chainlink price prediction, LINK will dip further in the meantime, possibly crashing to $7.00 from the current price of $7.35. This decline will see Chainlink (LINK) lose 4.76% of its market value.
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Dogecoin Prediction: DOGE Set To Breakout From A Multi-year Region
Dogecoin (DOGE) is currently trading at $0.059, following a monthly decline of 5.91%. Between October 2 and October 15, Dogecoin (DOGE) descended from $0.063 to the current price level of $0.059. Analysts have offered a Dogecoin price prediction indicating potential zones DOGE could attain.
A crypto analyst has spotlighted Dogecoin (DOGE) trying to engineer a comeback after slipping into a momentary passiveness alongside other meme coins. Specifically, Ali Martinez, a renowned crypto veteran, noted that Dogecoin (DOGE) is at the cusp of breaking out of a multi-year descending triangle pattern. Martinez highlighted a condition necessary for Dogecoin (DOGE) to break out from this pattern.
The deciding factor is the weekly candlestick, which must close above $0.0835 to initiate such a momentum. Moreover, Martinez added that breaking out of this triangle could trigger a surge in the price of Dogecoin (DOGE) to $1. This potential upsurge will see DOGE gain 91.65%, based on this Dogecoin prediction. Considering this Dogecoin prediction, DOGE might be a good crypto to invest in today.
However, if Dogecoin (DOGE) falls below support at $0.0482, it could result in a further decline in the asset’s price.
VC Spectra (SPCT) On The Verge Of An 82% Upswing
Compared to Chainlink (LINK) and Dogecoin (DOGE), VC Spectra (SPCT) is making a play for a significant surge in value in the coming weeks. As noted by experts, SPCT is bound for a prospective 45% rally in the coming weeks. This projection has caused market participants to crown VC Spectra (SPCT) as the best crypto to invest in today.
To provide context, VC Spectra (SPCT) is a decentralized investment and trading platform that delivers the most lucrative investment opportunity to blockchain enthusiasts. To reward their enthusiasm and participation, VC Spectra (SPCT) offers quarterly dividends, a buyback opportunity, access to new ICOs, and voting privileges. This approach has led to substantial growth in the adoption rate of VC Spectra (SPCT).
SPCT, the native token of VC Spectra, is a BRC-20 standard crypto. Built on the Bitcoin blockchain, its deflationary nature automatically ensures the reduction of the token’s posterity supply. Typically, reduced token supply drives its value higher.
VC Spectra is in the third stage of its public presale, with SPCT priced at $0.055. From this level, SPCT is setting up for a rally to a target price of $0.080. More so, analysts now claim that the platform is all set to exceed this mark. In addition to the previously mentioned perks, VC Spectra offers a 100% deposit bonus to users.
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
Source: https://www.analyticsinsight.net/evaluating-2023s-top-performers-will-chainlink-link-dogecoin-doge-or-vc-spectra-spct-surge-the-most/