Cosmos (ATOM) and Shiba Inu (SHIB) were among the best cryptos to buy in the golden 2020/2021 crypto bull run. However, savvy investors have returned to the tested and trusted method of acquiring a crypto fortune since the market turned bearish in 2022. These investors are buying new tokens like VC Spectra (SPCT) for massive ROI in 2024. Keep reading to find out what investors think about these tokens.
Cosmos (ATOM) Loses Bullish Momentum in Mid-November
On November 1, the Interchain Foundation confirmed the launch of the IBC protocol on Avalanche through the Landslide Network. According to the ICF, this development will allow for smooth interoperability between the Cosmos ATOM hub, Avalanche blockchain, and over 100 other IBC-supported chains. In addition, Avalanche’s C-chain is now based on Cosmos ATOM SDK, leading to greater cohesion among top altcoins and blockchains.
Even though Cosmos ATOM surged in early November, the token retraced and went bearish by the third week. On November 16, Cosmos (ATOM) traded for $9.91. A week later, ATOM lost 11.13% and traded for $8.83. Experts are convinced that the Cosmos (ATOM) surge slowed due to the exit of bulls from the crypto market. Therefore, the Cosmos ATOM crypto may likely range and sell for $10.00 in December.
Shiba Inu (SHIB) Leaders Face Backlash from Shibburn
On November 22, Shibburn, the popular Shiba Inu coin burn tracker, accused Shiba Inu’s (SHIB) leadership of not rewarding over 2,000 people. According to the Shiba Inu coin burn tracker, these crypto investors burnt over $670,000 worth of Shiba Inu (SHIB) tokens and have only received rewards for the first round. In their post on X, the well-known Shiba Inu coin burn monitor concluded by saying, ‘The truth is not FUD.’
Consequently, this Shibburn reveal triggered a price dip for SHIB in November. On November 16, SHIB traded at $0.000008790; by November 23, the token lost 7.74% to $0.000008129. Analysts are saying Shiba Inu is still on a bearish trajectory and may not be the best crypto investment. Therefore, the most likely SHIB price prediction is for the token to trade at $0.000007150 by December 2023.
Investors Back VC Spectra (SPCT) to Record Speedy Market Adoption in 2024
As a beginner cryptocurrency investor, choosing the right new tokens is always arduous. Luckily, VC Spectra makes the process easier and more rewarding. VC Spectra (SPCT) is a decentralized hedge fund designed to promote innovation and development in the blockchain industry through strategic investments in new DeFi companies.
As a decentralized asset management fund, VC Spectra employs expert blockchain investment analysts and venture capitalists to research new crypto projects and select the best ones for investment. As a result, VC Spectra (SPCT) has unmatched precision in selecting and investing in high-potential crypto projects.
A few days ago, VC Spectra (SPCT) entered its fifth presale stage, and the token moved from $0.066 to $0.077, gaining 16.6%. Analysts have predicted a superfast adoption for VC Spectra (SPCT) in the market due to the token’s success at the presale stages. If this prediction continues, SPCT could trade for $0.150 by March 2024.
Learn more about the VC Spectra (SPCT) presale:
Presale: https://invest.vcspectra.io/login
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
