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In today’s crypto market, finding the best altcoins to invest in can be a daunting task. The top altcoins are quickly losing their charm due to recent developments: Render (RNDR) and EOS (EOS). While their performance is unimpressive, VC Spectra staggering 220% surge is currently stealing the spotlight. Let’s explore the potential of Render, EOS, and VC Spectra’s meteoric rise.
Render (RNDR) Shows Signs Of Market Decay
Render (RNDR), known for its distributed GPU rendering on the blockchain, faced a substantial uproar among investors following the algorithm update on September 8. It triggered a significant decline in Render’s (RNDR) value. Render (RNDR) declined from its high of $1.50 on September 8 to $1.40 on September 12.
According to analysts, this might be attributed to a bug in the Render update that has triggered significant compatibility issues with the latest GPUs in the market.
However, there’s a glimmer of hope as bullish sentiment attempts to push the price back above the critical breakdown level. If Render (RNDR) manages to sustain its position above the $1.35 line, it could signify that the recent breakdown was a potential bear trap.
The next significant challenge for Render (RNDR) lies ahead as the RNDR/USDT pair may aim for the 20-day Exponential Moving Average (EMA) at $1.71, marking a crucial test for Render’s recovery.
EOS (EOS) Takes A Hit After Legal Battle Intensifies
As the deadline passed for participants to decide whether to accept the current $22-million settlement offer from Block.one (B1), the EOS (EOS) Network Foundation (ENF) has taken a bold stance, urging the plaintiffs to reconsider their options.
The ENF appealed via X on August 8, passionately advocating for rejecting the $22-million settlement proposed by Block.one, the entity responsible for the original EOS ICO, which raised a staggering $4 billion in 2018.
They emphasize that this settlement amount is a mere fraction of the colossal sum raised by Block.one, along with the promised but unfulfilled $1 billion investment in the EOS network and community.
In the wake of this controversy, the EOS coin has witnessed a decline in its price, slipping from $0.63 on August 29 to $0.53 on September 12. Experts are predicting further declines in the EOS coin price, foreseeing a correction down to $0.45 by the end of September.
The ongoing legal dispute and its repercussions are having a significant impact on the EOS coin. It may no longer be a good crypto for beginners.
Market Experts Predict VC Spectra (SPCT) To Rise 220% Soon
Market experts are keen on VC Spectra (SPCT), predicting a substantial 220% surge in its value in the near future. This promising outlook is fueled by the platform’s impressive performance and innovative approach to blockchain asset management.
VC Spectra employs strategic AI trading and teams of venture capitalists as well as risk managers to define its investments. This strategy allows VC Spectra to invest in safe and promising ventures throughout the blockchain.
Stage 1 of the public presale recorded 37.5% profits for investors as the token price went from $0.008 to $0.011 in Stage 2. Investors who bought in Stage 2 received a significant 127.27% ROI as the token surged to $0.025.
Stage 3, selling at $0.025, offers another chance for investment as Stage 4 will start at $0.033. Towards the end of the public presale, market experts anticipate a target price of $0.08 for VC Spectra, a 900% surge for Stage 1, and 220% for Stage 3 investors.
As a result, experts claim VC Spectra is undoubtedly the best cryptocurrency to invest in September.
More on VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io/
Telegram: https://t.me/VCSpectra
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