While Monero (XMR) Experiences a Boost, a Fresh Altcoin Promising 100x Returns Draws Big Investors
After a poor August, investors have again begun to buy Monero as it remains the most-traded privacy coin. But does Monero (XMR) have 100x potential? A fresh altcoin has entered the fray of top DeFi projects, offering many signals to answer this question confidently.
Fortunately, this new project is yet to be listed on centralized exchanges and is far cheaper than the XMR price. Stick around to find out more after we uncover the latest news for Monero (XMR).
Bitmain Launches ASIC Miner For Monero (XMR)
Monero (XMR) aligns with its privacy themes as the project rarely makes the headlines. Yet, it just did so with a significant announcement of Bitmain launching its first ASIC machine specifically built to mine Monero (XMR), the Antminer X5.
This machine can mine Monero (XMR) at incredible hash rates. However, this unveiling received mixed reactions in the Monero (XMR), given that the project has always been ASIC-resistant.
Regardless, the XMR price is up 8% from $137 to $149 in the past week despite no drastic change in recent Monero trading activity. This boost is likely due to the rise in Bitcoin (BTC), which often positively affects the best altcoins. This climb for Monero puts the XMR price in good stead for forecasts, with reasonable minimum predictions starting from $200 for next year and $300 for 2025.
Finally, we uncover the altcoin mentioned before, VC Spectra (SPCT), and why it’s the best crypto investment compared to Monero (XMR).
VC Spectra (SPCT) Sells 333 Million Tokens In Presale
VC Spectra (SPCT) is an Ethereum-built venture capital fund eyeing the latest, new, thriving projects in the booming blockchain and technology markets. It comprises experts in various fields to thoroughly evaluate the startups providing the highest lucrative potential. VC Spectra (SPCT) goes further by employing mechanical and algorithmic strategies for its portfolio to handle risks while seeking alpha.
Decentralization is central to VC Spectra (SPCT) thanks to smart contracts that eliminate third parties. VC Spectra (SPCT) runs like a well-oiled machine without any bank, broker, exchange, or other financial intermediary. This innovation provides several benefits, such as users having full custody over their assets and data.
Investors need to hold SPCT, VC Spectra’s utility token, to join. This token has a fixed supply of 1 billion and a ‘burn’ mechanism, making it deflationary and easier to appreciate. SPCT also provides attractive benefits like voting rights (for governance power) early access to discounted initial coin offerings and dividends. VC Spectra offers a share of its profits quarterly, where users with the most SPCT receive the biggest cut.
SPCT is trading for $0.033, with the presale in Stage 3. VC Spectra (SPCT) has sold 333 million tokens so far, with 167 million remaining. You’ll want to grab what’s left at the current attractive price, expected to grow a 142% ROI after the presale with a new SPCT value of $0.08.
The presale is only the first step in VC Spectra’s (SPCT). Investors can only get excited with the 100x potential the platform will explore when it gets listed on exchanges and funds the next generation of disruptive startups.
Learn more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Filed under: Bitcoin - @ September 22, 2023 10:01 am