While Solana (SOL) has faced challenges despite integrating with Visa, VeChain (VET) surged following its collaboration with SingularityNET. VC Spectra (SPCT) is also gaining attention for its lucrative returns. The crypto market is witnessing the rise of two top altcoins aiming to become crypto titans. However, whether SOL can reach $25 in 2023 remains to be seen.
Let’s dive into the details!
Visa integrates with Solana (SOL) Blockchain
On September 5, 2023, Credit card giant Visa announced it will now support settlements in USDC stablecoin on the Solana (SOL) blockchain. This allows partners to use the Solana (SOL) network to send and receive stablecoin payments.
Following this Solana news, Solana (SOL) experienced a notable uptick in value, with a nearly 2% surge. Within 24 hours, the SOL crypto price rose from $19.50 to $20.55.
However, amidst prevailing bearish market conditions, Solana encountered challenges in maintaining stability in the subsequent days. The SOL crypto price fluctuated between $17.50 and $20.60 before settling at $20.55 on September 20.
According to technical analysis projecting Solana (SOL) prices for 2023, the anticipated minimum cost of Solana (SOL) is estimated to be $19.09. The potential maximum level that the SOL crypto price could reach is $21.35, with an average trading price expected around $23.60.
VeChain’s (VET) price surges after SingularityNET collaboration
On August 24, 2023, SingularityNET, an artificial intelligence firm, made an exciting announcement about its strategic partnership with VeChain (VET). This collaboration aims to integrate blockchain and AI technologies to tackle the issue of carbon emissions and reduce its impact.
Prior to this groundbreaking news, VeChain (VET) was trading for $0.015. However, following the announcement, the price of VeChain (VET) experienced a significant increase of 6.67% and reached $0.016 on August 25.
Despite the overall market turbulence during this period, VeChain (VET) managed to sustain its upward momentum. Between August 25 and September 20, the price of VeChain (VET) rose from $0.016 to $0.018, marking a 12.5% increase in VeChain (VET) value.
Furthermore, the partnership with SingularityNET can potentially drive wider VeChain (VET) adoption. Experts are optimistic about VeChain’s (VET) future growth and predict that the altcoin price could reach as high as $0.069 next year.
VC Spectra (SPCT) presale entices investors with lucrative returns
VC Spectra (SPCT) continues to see significant growth during its ongoing public token sale. Having already raised $2.4 million in a private seed funding round, VC Spectra (SPCT) has garnered significant interest in the market.
As a decentralized hedge fund, VC Spectra (SPCT) offers a unique model that rewards users through quarterly dividends during the public presale and buybacks, ensuring direct benefits from the fund’s profitability. Token VC Spectra (SPCT) holders enjoy privileges such as early access to new ICOs and voting rights.
Operating on the Bitcoin blockchain as a BRC-20 token, VC Spectra (SPCT) serves various functions, including facilitating exchanges, decentralized trading, asset management, and transaction fee payments on the Spectra platform. The VC Spectra (SPCT) token follows a deflationary model, regularly reducing the circulating supply through token burns.
VC Spectra (SPCT) is in the third stage of its public pre-sale, offering a 50% bonus on deposits made at $0.033 per token. Investors purchasing at this discounted price are well positioned to benefit significantly if the token reaches $0.08 by the end of the pre-sale period. Reaching that price point would represent substantial growth of 142.42% from the current presale price.
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