Week of Surges: dYdX Leads, Followed Closely by VC Spectra and FTX Token

vc spectra

The post Week of Surges: dYdX Leads, Followed Closely by VC Spectra and FTX Token appeared first on Coinpedia Fintech News

In a week filled with significant price surges in the crypto market, dYdX (DYDX), VC Spectra (SPCT), and FTX Token (FTT) stand out as the leaders. While dYdX’s beta mainnet launch boosts its value, VC Spectra impresses investors in its public presale. Additionally, FTX Token saw a surge in response to Gensler’s remarks.

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Summary

dYdX’s (DYDX) price is predicted to reach $30.95 next year.
VC Spectra (SPCT) keeps surging during its ongoing presale.
The price of FTX tokens (FTT) is expected to reach $24.72 in 2024.

Beta Mainnet Launch Boosts dYdX’s (DYDX) Market Potential

On November 13, 2023, the dYdX Chain successfully transitioned to its beta mainnet, marking a significant milestone in decentralized derivatives trading. The transition from the alpha to beta mainnet was facilitated by a decisive governance vote, which received overwhelming support from the community.

Following this notable development, DYDX experienced a 14.29% surge in its value. Within 24 hours, the price of DYDX rose from $2.52 to $2.88.

In the subsequent days, DYDX’s value continued to climb. Between November 13 and 15, the price of DYDX further increased from $2.88 to $4.31, marking a 49.65% rise.

Considering the anticipated influx of new investors attracted by the beta mainnet, experts predict a further increase in DYDX’s value. The altcoin price could reach as high as $30.95 in 2024.

VC Spectra (SPCT) Riding High On Crypto Market Surge

During this exciting week of surges in the cryptocurrency market, one project that has caught the attention of investors is VC Spectra (SPCT). While dYdX has taken the lead, VC Spectra closely follows, making a remarkable impact in its public presale.

VC Spectra (SPCT) has emerged as a game-changer within the crypto market, offering a unique approach to democratizing access to the blockchain and technology industry. Investors are drawn to this platform due to its commitment to providing a trustworthy, open, and lucrative investment environment.

By leveraging AI technology, VC Spectra (SPCT) analyzes vast market data, identifies patterns, and predicts future market movements. This enables investors to make informed decisions and adapt their portfolios as market conditions change.

Moreover, the overwhelming positive response from the market to VC Spectra (SPCT) has been truly remarkable. The SPCT token has witnessed an astonishing 725% increase from Stage 1, reaching $0.066 in Stage 4. As a result, SPCT is poised to surpass its initial forecast of $0.080 by the conclusion of the presale, making it the best cryptocurrency to buy now!

FTX Token (FTT) Skyrockets After Gary Gensler’s Remarks

On November 9, 2023, the FTX token (FTT), which is associated with the now-defunct crypto exchange FTX, experienced a significant surge due to the comments made by Gary Gensler, the chair of the U.S. SEC, indicating his openness to considering a legal revival of the exchange.

Upon the release of this news, the FTX token (FTT) experienced a 75.44% increase in its value. The FTX token’s price (FTT) rose from $1.36 to $2.39 within 24 hours.

Following the initial surge, the FTX token continued its upward trend in the subsequent days. The FTX token (FTT) price increased by 124.01%, reaching a peak of $5.36 before retracing back to $3.70 on November 15.

With rumours circulating about the potential restart of the exchange, analysts are optimistic about the future of the FTX token (FTT). They predict that the price of the FTX token (FTT) could reach as high as $24.72 next year, making it one of the best coins to invest in.