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Let’s unravel what crypto to buy in October: BTC, SHIB, or SPCT?
Summary
● A Bitcoin miner boosts BTC production in preparation for the halving event.
● Shiba Inu (SHIB) records a 60% drop in token burn activity.
● VC Spectra (SPCT) shakes the crypto space with a 33.33% price jump.
Bitcoin Miner Ramps Up BTC Output Ahead of Halving
Bitcoin mining company Bitfarms witnessed a substantial increase in its monthly BTC earnings, prompting a proactive approach to scale-up operations. The Canadian firm is strategically investing in infrastructure as it anticipates the potential growth offered by the 2024 Bitcoin (BTC) halving event.
In a statement released on October 2, 2023, Bitfarms disclosed a 7.3% production rise in September 2023 compared to the previous month, mining a total of 411 Bitcoin (BTC) tokens. Recent data indicates that the sale of 362 of these Bitcoin (BTC) tokens yielded $9.5 million in revenue.
Meanwhile, Bitcoin (BTC) surged by 5.9% over the past week, from $26,284 to $27,861. Amid the recent developments, a recent Bitcoin prediction indicates the token can exceed the $28,000 mark by mid-October.
The Bitcoin prediction also indicates the token can trade at $32,920 by the end of 2023. With Bitcoin (BTC) on the rise, the Bitcoin prediction suggests that Bitcoin (BTC) can trade at an average price of $55,000 by 2030.
So, how does Shiba Inu (SHIB) compare?
Shiba Inu (SHIB) Witnesses 60% Decrease in Token Burn Activity
September witnessed a significant decrease in burned tokens for Shiba Inu (SHIB), with a 60% reduction compared to August. This decrease involved over 2.3 billion SHIB tokens, totaling approximately $17,500, burned across 426 transactions.
Furthermore, SHIB’s October 1st presentation reveals a stark contrast with August’s notable burn rate of about 5.7 billion SHIB tokens, valued at approximately $46,000. The Shiba Inu team strategically employs burning to curtail SHIB’s circulating supply, heightening its scarcity and potential value in the future.
On the other hand, SHIB news suggests Shiba Inu (SHIB) jumped from $0.00000724 to $0.00000759 over the past week. Experts say Shiba Inu’s (SHIB) price jump is linked to increased transaction activity on Shibarium, a layer-2 network built on the Shiba Inu (SHIB) ecosystem.
As Shiba Inu (SHIB) bolsters its capabilities, SHIB news suggests that Shiba Inu (SHIB) will trade between $0.00000785 and $0.00000846 in the coming weeks.
Let’s explore how Shiba Inu (SHIB) compares to VC Spectra (SPCT).
Investors Flock to VC Spectra’s (SPCT) Presale Amid Stellar Performance
Renowned crypto experts indicate that a strategic investment philosophy opens the floodgates for optimized returns. So, it’s no surprise that the best cryptocurrency for beginners, VC Spectra (SPCT), ensures profitable trade execution through its strategic investment techniques.
As a decentralized hedge fund, VC Spectra (SPCT) utilizes a rigorous selection process to identify profitable blockchain ventures. VC Spectra (SPCT) also allocates capital to each company based on the platform’s risk management principles.
SPCT is considered the best coin to buy as it remains committed to its investors. The platform rewards investors with buybacks and quarterly dividends based on investment returns. VC Spectra also ensures its investors enjoy exclusive access to diversified portfolios and pre-ICOs.
Here’s the real surprise: SPCT has already skyrocketed by 33.33%, from $0.033 to $0.044 in Stage 3 of its public presale. For context, $0.044 was the expected price in Stage 4.
Undoubtedly, VC Spectra’s (SPCT) massive demand has sparked interest among investors. Market projections now suggest that VC Spectra will soar past its $0.080 target price by the end of the presale. Click the links below to secure your SPCT token and receive a 50% bonus on any deposit.
About the VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
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