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Litecoin and Filecoin Face Declines as VC Spectra’s Presale Skyrockets

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Litecoin and Filecoin Face Declines as VC Spectra’s Presale Skyrockets
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Litecoin (LTC) turned bullish following a surge in Litecoin Unique Active Wallets. Likewise, Filecoin (FIL) has been one of the best cryptos to invest in during the crypto bear market. However, following its showdown with Chinese regulators, this top crypto coin has been in a downtrend. In the meantime, VC Spectra (SPCT) has raised over $2.4 million in its private presale.

Which one is projected to deliver the best returns in 2023, making it the best crypto?

>>BUY SPCT TOKENS NOW<<

Litecoin Price Prediction: Can Rising UAWs Keep LTC Surging?

Despite challenging market conditions, Litecoin (LTC) has witnessed an impressive addition of 602,000 new addresses in August. Additionally, Litecoin (LTC) investors have bolstered their holdings, accumulating 3.2 million LTC since August. By September 10, the number of long-term holders’ LTC wallets had exceeded 5.0 million, marking an all-time high.

Following this Litecoin news, the token has shown a notable resurgence, rising 7.90% from $58.84 on September 11 to $63.49 on September 27. Market analysts interpret this surge in LTC holdings as a catalyst for enhanced trust in the Litecoin (LTC) network.

Consequently, bullish analysts’ Litecoin price prediction expects substantial growth ahead, as more investors acquire LTC, propelling its price toward the $75.00 mark by 2024. This outlook positions LTC as one of the best cryptos to buy.

However, bearish analysts harbor concerns about adverse market conditions, potentially triggering a reversal in Litecoin’s upward trajectory. Consequently, the Litecoin price prediction suggests LTC could trade around $55.00 by the end of 2023.

Filecoin Price Prediction: Can Recent Developments Reverse The Bearish FIL Trend?

On August 15, Chinese authorities filed charges against the Space-Time Cloud Company, a Filecoin (FIL) mining operation in China, accusing them of running an $83.2 million pyramid scheme.

In response to this development, Filecoin (FIL) witnessed a 16.62% decline in price, dropping from $3.85 on August 15 to $3.21 on September 27. Analysts, taking into account Filecoin’s (FIL) recurrent issues with the SEC, foresee a pessimistic trend in their Filecoin price prediction. They suggest the FIL coin might dip below $3.20 by the close of November.

On a contrasting note, Filecoin (FIL) introduced its Filecoin Virtual Machine (FVM) in April, allowing developers to explore new use cases on the network. The FVM gained significant traction among developers by July, resulting in over 3,430 unique smart contracts thriving on the Filecoin (FIL) network by September.

Furthermore, the recent launch of services such as ‘Lotus Slasher’ and ‘Lotus Disputer,’ designed to uphold Filecoin’s (FIL) network integrity, has fueled a generally optimistic Filecoin price prediction among experts. These bullish projections suggest that the FIL token could potentially surge beyond the $3.80 threshold by 2024.

Investors Name VC Spectra ‘The Best Platform To Gain Maximum Rewards’

VC Spectra (SPCT) has quickly become a prominent name in the blockchain ICO space, catching the attention of both insiders and external investors. While the promise of a 10x return is undoubtedly enticing, VC Spectra (SPCT) stands out not only for its potential but also for its innovative approach.

VC Spectra operates as a groundbreaking decentralized hedge fund specializing in strategic investments within the blockchain and fintech sectors to maximize returns for users and investors. Employing AI, algorithmic trading techniques, and seasoned investment professionals, VC Spectra (SPCT) manages a diversified portfolio designed to enhance returns while mitigating risks effectively.

Beyond prudent investments, VC Spectra offers substantial perks, such as access to new ICOs and voting rights for all token holders through its governance token, SPCT. Stage 3 of the open presale for VC Spectra is currently underway. The token’s price has surged from its initial value of $0.008 to $0.033, marking an impressive 312.5% gain, providing early investors with substantial returns.

Current buyers can still secure an above-average 142.42% profit during the VC Spectra presale, as SPCT is expected to trade for $0.080 by the presale’s conclusion.

VC Spectra 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: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encourage to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsor post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

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