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Top altcoins like Conflux (CFX) and Cardano (ADA) have been in bearish territory since the start of October. Meanwhile, the recently developed VC Spectra (SPCT) is on course for tenfold growth while still in a presale. Does Zcash (ZEC) truly have the same potential?
Let us review each project’s latest developments and price forecasts, beginning with Conflux.
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Summary
- Conflux (CFX) partners with LayerZero in groundbreaking blockchain SIM cards.
- Cardano (ADA) linked to failed stablecoin in Xerberus report.
- Early VC Spectra (SPCT) buyers anticipate 10x returns during the presale.
- Brave Browser adds Zcash (ZEC) to its crypto wallet.
LayerZero Joins Conflux (CFX) In Developing Blockchain-Based SIM Card
Conflux (CFX) made headlines in February 2023 in a partnership with China Telecom to develop blockchain SIM cards. LayerZero, an omnichannel interoperability protocol, is joining the party, tapping into the former’s 390+ million user base.
With Conflux (CFX), both will combine to allow users to transfer assets and messages across blockchain networks and safely store private keys on their devices. Such a strategic partnership will undoubtedly keep Conflux (CFX) relevant.
Despite this progress, Conflux (CFX) is down by 18% in October 2023, from $0.140 to $0.115. Even with a few months remaining, many forecasts suggest Conflux (CFX) could reach at least $0.16 by the start of 2024 and $0.40 by the beginning of 2025.
Now, how high can Cardano go within these periods? Let’s first study the news before observing Cardano price prediction estimates.
Cardano (ADA) Caught Up In Stablecoin Rug Report
Cardano (ADA) finds itself indirectly linked to a report surrounding the failed Ardana. Created by Ardana Labs in 2021, this was meant to be a dollar-based stablecoin on Cardano (ADA). After shutting down in November 2022, the latest report from Xerberus suggests that executives siphoned off 80% of the $10 million raised.
In other news, the popular Cardano (ADA) co-founder Charles Hoskinson strongly disapproved of abandoned projects and centralization allegations. Although Cardano (ADA) remains in the top 10 altcoins, the criticism of many unfulfilled promises remains.
While ADA is down by 7% from $0.27 to $0.25 in the past few days, many Cardano price prediction forecasts are buoyant. Sensible minimum Cardano price prediction estimates for 2024 and 2025 are $0.50 and $1, respectively.
With Cardano (ADA) covered, let’s consider VC Spectra’s (SPCT) prospects and how it features in the best DeFi projects.
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Early VC Spectra (SPCT) Investors Anticipate 10x Growth During Presale
Whether one has $100, $1,000, or $10,000, investing in VC Spectra (SPCT) is affordable as no minimum deposits apply. This is the power of a decentralized hedge fund that backs the latest groundbreaking blockchain and technology startups.
VC Spectra (SPCT) runs with smart contracts powered by Ethereum. Aside from cost efficiency, these allow full user asset control, automating the necessary technical functions of a brilliant asset manager. VC Spectra (SPCT) also employs ultra-modern strategies and machine learning algorithms to maximize gains where possible while keeping the risks of its investments low.
Users earn through quarterly dividends from VC Spectra’s profits with the Spectra token, SPCT. Other benefits include access to exclusive discounted pre-ICOs and voting rights to govern VC Spectra (SPCT).
SPCT’s presale began not long ago (Stage 1) at $0.008. Lucky investors who participated then will experience 10x returns by the last presale stage when SPCT reaches $0.080. Current buyers acquiring the token in this presale Stage 3 at $0.044 are set to gain 82%. Yet, the time-limited 100% deposit bonus means you can expect to get double.
Let’s wrap up by observing the latest news for Zcash (ZEC) and price predictions.
Brave Browser Integrates Zcash (ZEC)
The Brave Browser’s Zcash (ZEC) integration into its crypto wallet is a no-brainer, given both projects focus on privacy. In other news, Zcash (ZEC) developers were recently in a bit of hot water over centralization concerns, which Coinbase even highlighted.
Data from MiningPoolStats revealed that the ViaBTC mining pool held over 53% of Zcash’s (ZEC) hash rate. Fortunately, developers took to social media to explain the cause, affirming that no “lead developer,’ no issuer,’ and no org controls” the network.
But, much like Conflux (CFX), Zcash (ZEC) is down on the charts of late, albeit by 11%, from $28.30 to $25.20. Yet, given its dominance in the privacy token sector, Zcash (ZEC) is set to reach greater heights, with minimum estimates of $40 and $70 for 2024 and 2025, respectively.
Learn more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
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