Curve DAO (CRV) Experiences Over 15% Surge, Chainlink (LINK) and VC Spectra (SPCT) See Positive Movement

2 October 2023

Summary:

Curve DAO (CRV) might reach $1 by the end of 2023.
Chainlink (LINK) experienced a massive increase in network activity.
VC Spectra (SPCT) is on the road to a 142.42% rally.

Let’s find out which of these top altcoins is the best cryptocurrency to invest in today.

Curve DAO (CRV) Rises 15% Due To High Market Volatility

When Curve DAO first arrived on the crypto scene on August 14, 2020, CRV had a valuation of $12.91 per unit. Afterwards, CRV attained a record price of $60.50, which is also its all-time high.

However, an unprecedented negative volatility in the crypto market resulted in a significant decline in the value of Curve DAO (CRV). More precisely, CRV fell drastically to a record low of $0.628. The following years, however, saw Curve DAO (CRV) struggle to make a comeback.

Fast forward to the third quarter of 2023, Curve DAO took a hit when a network breach resulted in the loss of substantial funds belonging to CRV investors. The blackhat who hacked into the Curve DAO protocol swiped over $50 million off the platform.

This event triggered a cataclysmic dip in Curve DAO’s (CRV) total value locked, which fell from $3.3 billion to $1.7 billion. The price of CRV followed suit, plummeting to $0.42. However, things began to look up when white hats assisted Curve DAO in recovering the lost funds, causing CRV to register a 15% increase in price.

With Curve DAO recovering, experts believe CRV could register a rise to $1 by the end of 2023. For reference, the CRV value was $0.50 during September. Hence, CRV could be a good crypto to invest in.

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Active Chainlink (LINK) Wallets Reach A Two-Month High

While the deteriorating condition of the market represses top crypto coins such as Bitcoin (BTC) and Ethereum (ETH), Chainlink (LINK) has managed to unbind from the clamp down. Against all odds, the Chainlink price is up 36.68% in 2023, supported by a recent increase in network activity.

According to the on-chain analytic platform Santiment, the number of unique addresses on the Chainlink (LINK) network has surpassed 3,900 in the last two months. This upsurge in wallet addresses indicates increased interest in Chainlink (LINK). Typically, an increase in addresses represents a growing interest in Chainlink’s network token, LINK.

Also, a look into the adoption rate of Chainlink (LINK) revealed that several networks have incorporated it within their networks. These blockchains include Ethereum, Polygon, Arbitrum, Optimism, Avax, and BNB Chain.

These developments have positively impacted the Chainlink price. In their Chainlink price prediction, experts noted that as the network gains further traction, the Chainlink price will continue upward. Specifically, they expect LINK to break above $12.88 by the end of 2023, marking a 40.99% rise from its current price.

VC Spectra (SPCT) Gears Up For A 142% Rally

VC Spectra (SPCT) has entered the radar of investors seeking the best cryptocurrency due to its remarkable profit potential. As a decentralized investment protocol, VC Spectra focuses keenly on providing investors with secure, transparent, and profitable investment options.

VC Spectra achieves this by distributing quarterly dividends and creating a token buyback program from investment profits. Also, VC Spectra (SPCT) unlocks access to new ICOs and gives investors a voice within the protocol.

The standard token of VC Spectra, SPCT, operates on the Bitcoin BRC-20 layer. SPCT has a deflationary mechanism that ensures a future token circulation reduction.

VC Spectra is in its third public presale stage, priced at $0.033 per SPCT token. To move on to the fourth stage at $0.044, SPCT needs a 33.33% increase from the current rate. In the final presale stage, SPCT investors will enjoy a 142.42% surge to $0.08. In addition, each deposit on the platform includes a 50% bonus, making now the perfect time to join.

Learn more about the VC Spectra presale here:

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.