A rumor boosts Ethereum Classic (ETC) price. Chain link (LINK) is rolling out a major upgrade. In the meantime, VC spectra (SPCT) unique features attract attention.
What rumor caused an increase in the price of Ethereum Classic? What is the Chainlink (LINK) upgrade? What are the special features of VC Spectra? Let’s get into the details.
We will also find out which is the best crypto to invest in.
Summary
- Ethereum Classic price prediction for 2024 is $97.17.
- Chainlink (LINK) could reach $86.04 in 2024.
- VC Spectra (SPCT) offers tempting features and spectacular profits.
Ethereum Classic Price: ETC Soars After Blackrock ETF Approval Rumor
On October 16, 2023, it was reported that the United States Securities and Exchange Commission approved Blackrock’s spot Bitcoin ETF application. CoinTelegraph, a major source of cryptocurrency news, was even part of the misinformation.
Due to the report, Ethereum Classic price climbed 5.2% from $14.94 to $15.72 on October 16. However, Blackrock refuted the report. CoinTelegraph also removed its X post, apologized and conducted an internal investigation.
This episode shows that the market expects spot ETFs to radically change the crypto market. However, this fake news could have sparked a rally in preparation for the actual approvals. Since that day, the price of Ethereum Classic has rose 30.3% to $19.47.
However, the rally is expected to slow down soon and Ethereum Classic (ETC) may experience a retracement towards a price around its former price.
However, all is not doom and gloom for Ethereum Classic (ETC) holders. Analysts predict ETC could reaching $97.17 during the 2024 bull run. This is likely due to Ethereum Classic’s (ETC) penchant for mirroring the price action of major cryptocurrencies.
Chainlink (LINK) Improves Its Staking Capabilities
On August 25, Chainlink (LINK) announced Chain Link Staking v0.2, part of Chainlink Economics 2.0. This upgrade will increase the staking pool to 45 million LINK20 million more than v0.1’s LINK staking pool of 25 million.
Another major upgrade is to use a modular architecture to support future upgrades to Chainlink Staking. V0.2 also offers a dynamic reward system capable of incorporating multiple sources of rewards. This will also increase the security of the staking platform.
Chainlink Staking v0.2 will launch on November 28 with a priority migration period for v0.1 users.
Since the announcement, the price of LINK has increased by 132% from $6.08 to $14.13. This surge was driven partly by anticipation of the stake upgrade and partly by the ongoing rally.
Additionally, the price of Chainlink is expected to increase. reach $86.04 in 2024. New staking upgrades and next year’s bull run are expected to drive this increase.
VC Spectra (SPCT) revolutionizes blockchain investing
VC spectra (SPCT) is a decentralized asset management protocol and trading platform that provides investors with a secure, transparent and profitable investment experience. Its vision is to give this investment experience to everyone, regardless of their experience and expertise.
To achieve this, VC Spectra (SPCT) allows investors to invest in promising Web3 companies, early-stage blockchain startups, and specific crypto sectors and professions. They can also trade arbitrage, stake and lend their crypto assets.
Additionally, VC Spectra (SPCT) exploits AI to ensure that the best projects and professions are selected. This is supported by trecognized and reliable trading strategies and one sustainable investment approach.
These Deals Helped VC Spectra (SPCT) raise $2.4 million during its private sale. The public presale was inaugurated after the private sale, and more and more investors flocked to VC Spectra (SPCT) during this period.
This is due to the massive increases recorded during the pre-sale. The SPCT price has gained 725%, from $0.008 to $0.066 during the first four and a half stages of the pre-sale. The token is expected to earn over 900% or 10x before the end of the presale.
To benefit from these upcoming increases and access the wonderful offers of VC Spectra (SPCT), you must purchase SPCT. The benefits of owning SPCT include quarterly dividends and buybacks, access to new exclusive ICOsAnd right to vote.
Based on all of this, VC Spectra (SPCT) is the best new crypto to invest in for large investors.
To learn more about VC Spectra (SPCT), visit:
Disclaimer: This is a sponsored post. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered investment advice. Always do your own research before deciding to buy, sell or transfer crypto assets.
