The wider market slump has brought about price changes across the board. Stellar (XLM) has turned bearish despite recent partnerships. Solana (SOL) surged following a partnership with Visa, while VC Spectra (SPCT) has emerged as the best ICO in the crypto space. The new market entrant offers current buyers a 142% ROI before it is officially launched on major crypto exchanges.
Let’s go over experts’ opinions and forecasts to pick the most lucrative crypto of the three.
Can Stellar (XLM) Reverse Its Recent Bearish Trend?
On September 12, Stellar (XLM) finally made good on its promise to ‘launch something big’ after weeks of speculation. However, following the launch— which turned out to be a ‘New Stellar’–- XLM holders were left disappointed, as many had anticipated much more in the reveal.
Following the XLM news, the Stellar XLM price movement turned bearish. The Stellar XLM price declined by 6.39% from $0.1284 before the news was announced on September 12 to $0.1202 on September 15. This followed a period of price steadiness for Stellar (XLM).
Still, all hope is not lost. There is potential for Stellar XLM to experience a surge leading up to the annual Meridian event, slated for September 26 to 28. This conference will serve as a gathering point for entrepreneurs, content creators, and cryptocurrency investors, fostering connections and launching related initiatives.
Analysts foresee the Stellar coin’s value rising to $0.190 in the coming months, driven by surging demand, new integrations, and strategic partnerships.
Solana (SOL) Surges Briefly Following Partnerships
On September 5, Visa announced its intention to facilitate USDC settlements on Solana (SOL). According to Visa, the partnership was done to improve the speed of cross-border payments and provide an additional option for Visa customers to send and receive money.
Following the Solana news, the Solana crypto price surged by 3.95% from $19.50 on September 4 to $20.27 on September 5.
However, not long after, the Solana crypto price has taken a bearish turn. As a result, SOL, a top altcoin in the cryptocurrency market, lost its gains from September 5 and slumped to $18.84 by September 14, a 7.05% drop. The drop in the SOL crypto prices could be linked to Solana’s (SOL) close ties with FTX. Essentially, Galaxy has been tasked with the liquidation of FTX’s holdings, which include Solana (SOL) tokens.
Still, buoyed by Solana’s (SOL) partnership with Visa — as well as an endorsement of SOL by Bernstein Research — analysts remain optimistic about the Solana crypto price, predicting a rise towards $22 by October.
VC Spectra (SPCT) Anticipates Massive Presale Growth
In the midst of the cryptocurrency market’s regulatory and transparency challenges, a novel platform has emerged as a solution. VC Spectra (SPCT) functions as a decentralized hedge fund and trading platform.
VC Spectra (SPCT) generates profits by investing in new ICOs and the most promising DeFi projects. Moreover, the platform engages in advanced trading strategies, including algorithmic, strategic, market-making, and arbitrage trading, among others. To uphold transparency, VC Spectra (SPCT) regularly provides updates on its investment performance to its users.
Currently, VC Spectra is conducting Stage 3 of its public presale for the SPCT token, pricing it at $0.033 per token during this stage. Stage 3 investors are expected to enjoy gains of up to 142% when the token reaches $0.080 per SPCT at the conclusion of the presale period.
Remarkably, these gains are projected even before VC Spectra (SPCT) makes its way onto any cryptocurrency exchange listings. Consequently, experts express optimism about VC Spectra (SPCT) and have labeled it as the best crypto to invest in.
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login