Shiba Inu and Pepe See Positive Growth as VC Spectra (SPCT) Eyes New Record Highs
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Summary
Shibarium reaches 90 million transactions
PEPE is relatively unaffected by the interest rate hike
VC Spectra (SPCT) surging for an additional 16,6%
/VC Spectra/ – The crypto market slowed down in anticipation of a potential interest rate hike by the US Federal Reserve, but some coins managed to stay in the green more than others. We compare the latest news regarding Shiba Inu (SHIB), Pepe (PEPE), and VC Spectra (SPCT).
Here is how things stand at the moment!
Shiba Inu (SHIB) News: Shibarium Surpasses 90 Million Transactions
The Shiba Inu (SHIB) layer two blockchain network, Shibarium, crosses an important milestone by recording 90,064,184 total transactions. This Shiba Inu (SHIB) news follows a great popularity surge for Shibarium, with the network hosting 7.5 million daily transactions since the start of December 2023. To what extent this will affect Shiba Inu (SHIB) remains to be seen.
Shiba Inu (SHIB) was on a slightly downward slope throughout November. The coin was stuck below the $0.000008 resistance threshold, leading investors to question will Shiba Inu coin will reach $1 soon. However, things did spike up in the last week. Shiba Inu (SHIB) costs $0.00009 at the moment, surging 15,8% in the last ten days.
Analysts continue to be cautious about the spread of optimistic Shiba Inu (SHIB) news. While Shiba Inu (SHIB) possesses smart contract functionality, experts find the sheer volume of 589 trillion Shiba Inu (SHIB) coins in circulation to be quite excessive. Bullish projections converge around the $0.000010 mark before New Year’s.
PEPE Meme Coin Projected to Surge Over the Holidays
The meme coin war continues as SHIB, PEPE, and BEFE keep gaining traction. However, the recent CPI data confirms that the crypto market entered a slight recession. Analysts expected that given the pending interest rate hike. Still, PEPE coin proved able to avoid a plunge.
At the start of December, PEPE coin reached a $0,0000010 price, the result of heavy fluctuations during late November. PEPE coin has been climbing steadily during December, rising to $0.0000016 at one point before dropping -18.7% to its current value of $0.0000013.
The silver lining for PEPE bulls is that the coin’s performance shows resilience to the overall downward trend in the crypto market. Experts predict PEPE to linger around the $0.0000013 mark for at least one more week. Afterward, projections indicate a bump for PEPE near the end of December, forecasting a light surge to $0.0000014.
VC SPECTRA (SPCT): Leader Among the Altcoins to Watch
VC Spectra (SPCT) brings a lot of excitement among the top DeFi projects. This decentralized hedge fund is about to complete Stage 5 of its public presale, recording a remarkable 862% surge compared to the VC Spectra (SPCT) price at Stage 1. After raising $2.4 million in its private presale, VC Spectra (SPCT) significantly bumped its initial value from $0.008 to the current $0.077 mark.
Experts were quick to place VC Spectra (SPCT) among the best crypto to invest in in 2023/24, citing a number of reasons. VC Spectra (SPCT) is a BRC-20 token, leveraging both the Blockchain network and the latest AI advancements. Such a basis has the goal of democratizing investors’ roles and securing long-term, sustainable gains.
VC Spectra (SPCT) gives stakeholders access to a wide range of worthwhile opportunities while providing full transparency and control. VC Spectra (SPCT) also avoids the need for third-party custodians due to the implementation of cryptography and smart contracts.
At the moment, VC Spectra (SPCT) is near the end of Stage 5 of its public presale, which itself brought a surge of 16,6%, rising from $0.066 at the end of Stage 4. Experts predict VC Spectra (SPCT) to easily preserve that growth, exceeding $0.080 at the final stadium of the presale.
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