Among the top altcoins, Celestia (TIA) and dydX have been standout performers. Thanks to increased investor interest, their prices have grown significantly over the past few weeks. Unfortunately, as their popularity grows, so does their value, meaning low-budget investors have to dig deeper to find coins worth their time.
Luckily, VC Spectra (SPCT), a newly launched project, appears to be in the mold of what these investors might be looking for. Let’s explore why SPCT can be more lucrative than TIA and dydX during this festive period.
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Summary
- Celestia continues to strengthen as investors warm up to TIA.
- dydX is set for more growth following the successful launch of its mainnet.
- Investors can’t get enough of VC Spectra as its presale nears its end.
Celestia (TIA) Rallies Hard After The Launch Of Its Mainnet
The first modular blockchain of its kind, Celestia (TIA), has hit the ground running after launching its mainnet at the end of October. Celestia (TIA) would begin trading at $2.03 and shoot to an all-time high of $6.95 by November 17. Since then, the price of Celestia has retraced slightly, and as of November 23, TIA is trading around $6.10.
Given Celestia’s utility, many experts expect to see the price of TIA continue to grow. Thus, $10 looks like an achievable goal for the altcoin price over the next few weeks. There isn’t much data to base our technical analysis on. However, Celestia’s (TIA) on-chain metrics paint a promising picture.
The project’s transaction volume is growing slowly as more individuals and entities resort to the protocol to launch their own blockchain networks at minimal costs. Celestia (TIA) is also offering high yields for stakers with a 17.92% APR.
This encourages more individuals and entities to join Celestia (TIA) as validators to access the high yields.
dYdX Price Grows After The Project Achieves A Major Milestone
Like Celestia, dYdX’s growth has been fueled by the launch of its standalone Cosmos-based blockchain. The activation, which took place on October 26, marked the first phase in transitioning to dYdX version 4 after years of development. The news was met with excitement within the dydX community.
The altcoin price has grown by over 98% since then and is currently trading in the $3.49 range. A closer look at its charts reveals that dYdX was able to break past the $3.66 resistance briefly before losing momentum and falling below the level.
However, dYdX appears to have found its footing and is set to have another crack, with $5.17 being the next major resistance point. The RSI also tells a beautiful story after the dYdX price recently formed a higher low while the RSI made a lower low. This is a hidden divergence, which is bullish for the altcoin.
Therefore, dYdX investors have every reason to be optimistic as the project continues to achieve notable wins. Recently, the dYdX Foundation announced that since the launch of its mainnet, over 433 million ethDYDX have been cross-chained, while more than 13.71 million dydX have been staked.
VC Spectra (SPCT) Wins Fans Thanks To An Impressive Presale
BRC-20 standard token VC Spectra (SPCT) has witnessed a spike in popularity within the investor community since the launch of its flagship product a few months ago. The decentralized hedge fund aims to provide its users with a secure, transparent, and profitable investment experience.
Thus, it seeks early-stage ICOs and helps them grow through funding and strategic support to increase their chances of success. The selection process is rigorous, ensuring only top-quality projects are selected. The projects are pooled into funds, which investors can access on VC Spectra using SPCT tokens.
SPCT is the governance token of VC Spectra that allows holders to trade, manage assets, and transact on the platform.
It’s deflationary with a burn mechanism that reduces its supply and grows its value over time. This has made SPCT quite popular with investors, with the altcoin price growing over 862% in its presale. VC Spectra is running its fifth and final presale stage, where each token is going for $0.077. Once done, listing on major exchanges will take place where experts project the price to rise above $1.
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
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