Litecoin (LTC) witnessed an impressive price rally amid news of the potential debut of a spot Bitcoin ETF. In other news, Cosmos (ATOM) skyrocketed by 25.9% despite Evmos dropping support for Cosmos (ATOM) transactions. Meanwhile, VC Spectra (SPCT) has cemented itself as the best coin to invest in after it surged to $0.077 earlier than anticipated.
Tune in to unravel how VC Spectra (SPCT) compares with Litecoin (LTC) and Cosmos (ATOM).
Summary
- Experts indicate Litecoin (LTC) will soar to $76.51 by the end of 2023.
- Analysts say the ATOM stock will surge to $11.85 by December 2023.
- VC Spectra (SPCT) sends shockwaves as it rises to $0.077.
Litecoin (LTC) Surges: What’s Behind the Recent Price Jump?
Recent Litecoin news indicates the LTC stock caught the attention of crypto investors due to its notable price jump over the past week. A significant contributing factor might be the growing chatter on the accelerated debut of a spot Bitcoin ETF.
According to experts, the unfolding dynamics surrounding potential ETF players and the SEC suggest that the arrival of the inaugural spot ETF is imminent. Eyes are keenly set on today’s crypto events watchlist, with a court decision on the Grayscale ETF taking center stage.
According to the latest Litecoin news, Litecoin’s (LTC) price rally is also linked to the regulatory development of the SEC’s decision to drop charges against Ripple executives. The SEC had initiated a lawsuit against Ripple, targeting CEO Brad Garlinghouse and Executive Chairman Chris Larsen in December 2020.
Notably, the charges against both were dismissed on Thursday, leading to the postponement of the trial, now scheduled for April next year.
A closer look at on-chain data reveals that the LTC stock soared 11.8% over the past week from $60.25 to $67.34. Litecoin’s (LTC) trading volume also jumped by 5.4% in the same time frame as investors cashed in on Litecoin’s prospects.
With Litecoin (LTC) on the rise, Litecoin news suggests the LTC token will trade at an average price of $76.51 by the end of 2023.
VC Spectra’s (SPCT) Impressive Presale Performance Rattles Crypto Market
In recent years, blockchain technology has revolutionized the investment landscape, offering investors a unique opportunity to maximize their returns. Unsurprisingly, VC Spectra (SPCT) has made its mark in crypto, redefining blockchain technology with its strategic investments.
Furthermore, VC Spectra (SPCT) prides itself on its unmatched precision in spotting the right projects. VC Spectra (SPCT) also focuses on ICOs and specific cryptocurrencies that align with their investment framework.
VC Spectra (SPCT) has earned its reputation as the best coin to buy, leveraging AI trading tactics to optimize investor returns. As a user-centric platform, VC Spectra (SPCT) transforms the investment experience by granting investors quarterly dividends and buybacks tied to investment returns.
Here’s the best part: VC Spectra (SPCT) skyrocketed to $0.077 in Stage 5 of its public presale, a staggering 862.5% rise from its initial $0.008 price. Experts say VC Spectra (SPCT) is on track to outperform initial predictions, surpassing the presale’s projected $0.080.
Evmos Ditches Cosmos (ATOM): How Will That Impact Its Price?
Evmos, the layer-one blockchain solution enabling seamless integration of Ethereum (ETH) smart contracts into the Cosmos (ATOM) blockchain, reportedly intends to discontinue support for Cosmos (ATOM) transactions. The core team at Evmos cites an exclusive focus on Ethereum-based transactions as the primary reason for this strategic shift.
The Evmos team has acknowledged the compatibility issues between Cosmos (ATOM) and Ethereum (ETH) clients and the complexity of supporting distinct transaction hashes. For context, Cosmos (ATOM) transactions revolve around staking and governance, while Ethereum (ETH) transactions facilitate interactions with dApps via the Ethereum Virtual Machine (EVM) on Evmos.
Therefore, the Evmos team believes that consolidating to a singular transaction format will streamline network development, enhancing the efficiency of Ethereum (ETH) wallets on their platform. The team outlines a phased transition plan to complete the process by the third quarter of 2024.
Surprisingly, the ATOM stock skyrocketed by 18.2% in the past week, from $8.73 to $10.32. Experts say the bullish momentum displayed by the ATOM stock is attributed to the Cosmos’ network dedication to scalable blockchain solutions.
With Cosmos (ATOM) renowned as one of the altcoins to watch due to its massive utility, analysts indicate the ATOM stock could jump to $11.85 by the end of 2023. Let’s unravel what VC Spectra (SPCT) has in store.
Learn more about the VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io/
Twitter: https://twitter.com/spectravcfund
Telegram: https://t.me/VCSpectra
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