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Epic Investment Shift: Dogecoin Holders Flock to VC Spectra’s Stage 5, THORChain Struggles to Keep Pace

1 December 2023
in DOGE
Reading Time: 4 mins read
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Epic Investment Shift: Dogecoin Holders Flock to VC Spectra’s Stage 5, THORChain Struggles to Keep Pace
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With Dogecoin (DOGE) and THORChain (RUNE) struggling over the past two weeks, investors have been quick to jump on VC Spectra. SPCT has a spectacular presale in its fifth and final round, so investors are keen not to miss out on these gains. On the other hand, interest in Dogecoin (DOGE) and THORChain (RUNE) is waning as the two top altcoins struggle at significant levels.

Can interest in VC Spectra (SPCT) push the altcoin to new levels? And what does the future hold for Dogecoin (DOGE) and THORChain (RUNE)? Let’s find out.

>>BUY SPCT TOKENS NOW<<

Summary

● Dogecoin struggles as speculation on the memecoin slows down.

● Investors are keen to catch VC Spectra’s spectacular gains as the presale nears its end.

● The ThorChain price struggles after an impressive run that saw RUNE grow tremendously.

Dogecoin Price Prediction: Can DOGE Resume Its Uptrend?

Dogecoin (DOGE) appears to have been experiencing a run over the past ten days. The altcoin price is down 10% over the period and is now facing a crucial support level at $0.077. A drop below this level threatens to end Dogecoin’s uptrend that began over a month ago.

Between October 19 and November 17, Dogecoin (DOGE) would rally 51%. However, Dogecoin would fail to break the $0.086 resistance, dropping below the $0.077 level. As of November 28, DOGE has managed to cross the level on the upside but is struggling to hold above it.

According to this Dogecoin prediction, this dismal performance has seen DOGE investors seek greener pastures elsewhere. This is reflected in the sharp drop in trading volumes for Dogecoin. DOGE trading volume is down 34% over the past week.

For an altcoin that thrives on speculation, there isn’t much to feed on for Dogecoin (DOGE). Even though the sentiment around the project remains quite positive, according to this Dogecoin prediction. Recently, the number of addresses holding DOGE passed 5 million for the first time, according to IntoTheBlock.

Therefore, this Dogecoin prediction believes there is still hope for DOGE.

Investors Jump on VC Spectra (SPCT) Like Piranhas as Its Presale Nears the End

Shrewd investors appear to have smelled blood with VC Spectra after SPCT grew 9X over the past few months. Incredibly, SPCT isn’t even listed on major exchanges and is being offered at a discounted price during its presale.

With less than 85% of SPCT tokens remaining in the fifth and final presale stage, investors are in a race to stack as many tokens as possible. The presale might be coming to an end; however, these seasoned investors know this is the beginning of SPCT.

Some experts have projected the altcoin price to rise above $1 once listed on the likes of Binance and Coinbase. The utility is solid, making VC Spectra revered within the crypto space. The project aims to ease crypto investing and trading for its users.

This is achieved through an asset management and trading tool run by seasoned money managers who have worked for the likes of Citi Bank, JPMorgan, and so on. VC Spectra scours the crypto market to identify highly profitable ICOs and offers its users a chance to invest in these projects.

All that is needed are SPCT tokens to access these investments and get a share of the returns. As of November 29, VC Spectra is running its fifth and final presale. The SPCT token price has grown from $0.008 in the first presale stage to $0.077 as of the fifth round. That’s an ROI of over 862% for first-stage investors.

THORChain (RUNE) Struggles After a Spectacular Run

One of the best altcoins, THORChain (RUNE), has struggled over the past two weeks after a spectacular run that began in mid-June. THORChain (RUNE) would grow over 758% within the period. However, the past two weeks have seen RUNE fail to sustain its sharp uptrend.

THORChain (RUNE) is down 16% over the past two weeks. Its proponents will hope the altcoin price can hold above the $5.17 support since a drop below would see THORChain (RUNE) staring at the $3.17 level.

If THORChain (RUNE) is able to resume its uptrend, then a major resistance waits at the $9.26 level. And there is plenty of bullish news with the ability to push THORChain (RUNE) to the next level. Last week, THORChain (RUNE) became the third-largest DEX after its trading volumes hit $1.32 billion, according to DefiLlama.

Learn more about VC Spectra (SPCT) and its presale:

Buy Presale: https://invest.vcspectra.io/login

Website: https://vcspectra.io

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund

Disclaimer:
The views expressed on this page are those of the author and not of The Portugal News.


Credit: Source link

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