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XRP (XRP) and Arbitrum (ARB) have each enjoyed double-digit recoveries of late, making them among the altcoins to watch. Yet, some enthusiasts have also kept tabs on a new crypto project, which has already increased in value by 450%.Â
This performance has happened while still in a presale, currently in Stage 3. Stick around to learn about getting in on the action. First up, a look at the pertinent news for XRP and XRP crypto price forecasts.
Summary
Summary
- 1 billion XRP tokens released from escrow as per monthly schedule
- Arbitrum (ARB) Foundation partners with a Japanese incubation program
- Further value boost expected for VC Spectra’s (SPCT) resale
Ripple Releases Billion XRP Tokens As Part Of Monthly Schedule
Ripple successfully released 1 billion XRP from escrow this month, a tradition that began in December 2017. Afterward, they returned 800 million XRP, which will roll over for the next month.
Token unlocks of this scale are often bearish signals, with the XRP crypto price down 5% since the event from $0.53 to $0.51. Still, this is a blip in the overarching price action, as XRP is up 10% from $0.46 since September 11, 2023. Other noteworthy Ripple XRP news include Evernode, a smart contracts platform soon to be launched on the XRP Ledger.
Reasonable XRP crypto price forecasts suggest the token could be worth at least $1 by 2024 and $1.60 by 2025. Now, let’s look at the trending news for ARB and Arbitrum price estimates.
Arbitrum (ARB) Foundation Creates New Japanese Partnership
The Arbitrum (ARB) Foundation, which supports the namesake network, has partnered with Fracton Ventures, a Japanese-based incubation program. It plans to increase Arbitrum’s (ARB) presence in Japan, a relatively untapped market for blockchain technology.
In other news that affects the Arbitrum price, Lookonchain has recently divulged notable whale transactions for ARB tokens, valued at $1 million and $1.93 million each. While a suggestion of renewed interest for Arbitrum (ARB), a few blockchain metrics are so-so.
For instance, as per Artemis’s data, daily active Arbitrum (ARB) addresses in the past three months have fluctuated around 120,000. Yet, Arbitrum (ARB) is winning in total value locked, a vital measurement for top DeFi projects. Artemis shows this is worth $1.73 billion, up from $1.61 billion since September 12, 2023.
Currently worth $0.90, minimum Arbitrum price predictions range from $1.50 for 2024 and $2.50 for 2025.
With Arbitrum (ARB) covered, let’s now reveal more details about the new project discussed earlier, VC Spectra (SPCT), and how it has jumped in price by 5.5x.
Further Value Boost Expected For VC Spectra’s (SPCT) Presale
So, why is VC Spectra (SPCT) the best crypto to buy compared to its counterparts? It’s a decentralized hedge fund targeting startups in the lucrative blockchain and technology markets. It will provide trustless asset management using smart contracts and consistent long-term profits through proper due diligence and trading agility.
Smart contracts automate the technical functions of any respectable asset manager, like storing funds and allocating profits. VC Spectra (SPCT) selects each funded project using a comprehensive selection process guided by an expert team. Furthermore, it will apply many advanced strategies, some of which rely on machine learning algorithms.
Like other top DeFi projects, VC Spectra has its utility token, SPCT, offering several perks like accessing exclusive discounted pre-ICOs, voting rights in governance proposals, and quarterly dividends.
VC Spectra’s (SPCT) presale has moved in leaps and bounds. SPCT has gone from $0.008 in Stage 1 to the present-day $0.044 in Stage 3, equaling a 450% (or 5.5x) boost.
Current VC Spectra investors can still reap a handsome reward as, during the last phase, SPCT will have increased by 82% to $0.080. Take advantage of VC Spectra’s time-limited 50% deposit bonus to boost your SPCT holdings further!
Learn more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/loginÂ
Website: https://vcspectra.io Â
Telegram: https://t.me/VCSpectraÂ
Twitter: https://twitter.com/spectravcfund
*This article was paid for Cryptonomist did not write the article or test the platform.
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