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Chainlink (LINK), Monero (XMR), and Uniswap (UNI) often dominate the headlines. Recently, Chainlink partnered with SWIFT, gathering market attention. Meanwhile, Monero is organizing a meetup, while Uniswap marked a victory in court. Yet, it’s VC Spectra (SPCT) that has been carving its niche, steadily gaining ground.
Let’s explore why VC Spectra is rising against its more established counterparts.
Summary
Chainlink (LINK) Advances on Cross-blockchain Transfers
On August 31, the internet was abuzz with Chainlink news, revealing that the Swift banking system is advancing in facilitating cross-blockchain transfers of tokenized assets. Chainlink’s (LINK) recent collaboration with Swift has spotlighted the innovative potential of blockchain tokenization and the pivotal role of Chainlink (LINK) in ensuring cross-chain interoperability.
Yet, the latest encouraging Chainlink news had a minimal impact on the LINK price. Chainlink (LINK) registered a mere 0.10% increment since August 31, saturating the Chainlink price at $5.99.
The prevailing trend on the Chainlink (LINK) daily chart leans bearish, indicating a potential decline of the Chainlink price to the $5.30 support threshold. However, crypto experts suggest that if LINK can build positive momentum and surpass the $6.10 resistance barrier, there’s a chance the Chainlink price (LINK) could escalate to $7.
CakeWallet Is Hosting A Monero (XMR) Meetup
On August 7, Vikrant Sharma, the CEO of CakeWallet, teased an upcoming Monero (XMR) meetup in a tweet. This Monero (XMR) event, organized by CakeWallet, has been slated for November 2, 2023, in Chicago. Details concerning guest speakers and other particulars remain under wraps, but the buzz within the Monero (XMR) community is undeniable.
Yet, Monero (XMR) is currently trading at $143, a 10.06% decrease from the XMR price of $159 on August 7. Crypto experts anticipate a bearish trend for the remainder of 2023, estimating Monero (XMR) to stabilize around the $120 mark.
However, should the crypto market shift positively within 2023, Monero (XMR) stands a chance at a considerable price surge, particularly given its growing popularity in darknet markets.
Uniswap (UNI) Wins A Case In Court
On August 31, a New York court dismissed a lawsuit against DEX Uniswap (UNI), accusing it of enabling scam tokens. The court ruled that the issuers of the scam tokens, not the Uniswap coin or Uniswap exchange, should be held responsible. Judge Katherine Polk Failla classified Ethereum (ETH) as a commodity and emphasized that such legislative concerns should be directed to Congress.
Despite the positive news, the Uniswap coin is struggling to climb up in the chart, currently trading at $4.39, decreasing by 5.23% since August 31.
Now, experts believe Uniswap coin will likely remain within the $4-$6 range until early 2024. The crucial point to watch in Uniswap price is the $5 resistance level. Should Uniwap (UNI) successfully break this barrier and experience increased buying pressure, the price has the potential to rise to $6.
VC Spectra (SPCT) Stands Out Among Its Competitors
VC Spectra (SPCT), an ongoing top ICO, is making waves in the digital landscape, presenting a new online trading and investment approach. Like a dark horse, VC Spectra (SPCT) gained momentum due to its innovative technology and strong commitment to ethical values.
VC Spectra (SPCT) empowers its users with complete control over their investments, removing mediators to become the best DeFi project. The platform is committed to supporting new ICOs that focus on being sustainable, open, and socially beneficial.
Its rising popularity, evident from the increasing interest during its public sale stages, further cements its potential as the dark horse. VC Spectra (SPCT) is currently in Stage 3 presale, with the price of SPCT at $0.025. With prices set to rise to $0.033 in Stage 4, Stage 3 participants can expect 32% growth.
Also, a limited-time bonus of 10% for new members proves that VC Spectra (SPCT) is becoming a standout choice.
Learn more about the VC Spectra presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
*This article was paid for Cryptonomist did not write the article or test the platform.
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