Monero (XMR) and SUI in Shadow: VC Spectra (SPCT) Steers Crypto’s Most Awaited Rally
This content is provided by a sponsor
Over the past month, Monero’s (XMR) performance has been quite pessimistic. However, with the introduction of the first Monero miner, XMR price has shown signs of a price pump. On a similar note, Sui (SUI) has been on a downtrend since its mainnet launch. To make things worse, SUI is on the verge of more decline due to its recent token unlock.
Alternatively, VC Spectra (SPCT) has wowed the market with its superb price surge. After making a 212.5% price pump, VC Spectra (SPCT) is heading for an additional 220% price surge.
Bitmain to Release First Professional Monero (XMR) Miner
Bitmain, the world’s leading manufacturer of cryptocurrency mining rigs, is preparing to release the first professional Monero (XMR) miner. The Antminer X5 is set to launch on September 4 and has a hash rate of 212 kilohash per second (KH/s) and is believed to bring about positive changes to the XMR price.
The introduction of the Antminer X5 has sparked conversations within Monero’s (XMR) community. Some members are concerned it will make the mining process centralization and disrupt Monero’s (XMR) privacy features, while others believe it will make mining more accessible.
Time will tell what impact the Monero miner will have on the XMR price. However, with Monero (XMR) being mined, Monero’s circulation will be reduced. Due to this, experts predict that the XMR price will reach $152.56 by September 22, 2023.
Sui (SUI) Undergoes Token Unlock: More Price Dump?
On September 2, 2023, Sui (SUI) underwent its systematic token unlock, which released 35.6 million SUI tokens. This represents approximately $18.7 million worth of SUI tokens. The token unlock comes at a time when SUI crypto is experiencing a downtrend.
SUI crypto has been on a decline since the launch of its mainnet in May 2023. After reaching an ATH of $1.40 on May 4, 2023, SUI’s trading chart turned red and has been declining since. As of September 4, 2023, SUI crypto is trading at $0.52.
Due to its recent token unlock, experts predict a further decline to $0.40 by September 26, 2023.
Best DeFi Crypto: VC Spectra (SPCT) Leads With Unprecedented Price Surge
VC Spectra (SPCT) is a promising new venture capital fund that is well-positioned to capitalize on the growth of the blockchain and technology industries. The platform makes strategic investments in high-potential projects in blockchain and fintech industries, with the aim of generating the most returns to investors at minimal risk.
VC Spectra (SPCT) offers investors several benefits. These include opportunities to invest in exclusive projects, access to new ICOs, and voting rights. The platform also pays out dividends to its token holders during its ongoing presale.
VC Spectra is now in the third stage of its public presale, selling SPCT tokens at $0.025. This represents a 212.5% price surge from its initial selling price of $0. 008 and 127.27% price pump from its selling price of $0.011 during the second stage. And VC Spectra (SPCT) isn’t done yet!
VC Spectra (SPCT) has been predicted to reach $0.08 at the final stage of its presale. This translates to a 220% price pump from its current selling price. VC Spectra’s (SPCT) staggering price movement has made it one of the best crypto to buy now!
Disclaimer: This publication is sponsored. Coinspeaker does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or other materials on this web page. Readers are advised to conduct their own research before engaging with any company mentioned. Please note that the featured information is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this web page constitutes a solicitation, recommendation, endorsement, or offer by Coinspeaker or any third party service provider to buy or sell any cryptoassets or other financial instruments. Crypto assets are a high-risk investment. You should consider whether you understand the possibility of losing money due to leverage. None of the material should be considered as investment advice. Coinspeaker shall not be held liable, directly or indirectly, for any damages or losses arising from the use or reliance on any content, goods, or services featured on this web page.
