Amidst the recent market resurgence, certain crypto tokens are on focus. While Celestia (TIA) is a newly launched token, VC Spectra (SPCT) has already made a mark with its presale strategy. Additionally, FTX Token (FTT) has demonstrated resilience despite the ongoing bankruptcy proceedings of its parent company.
Let’s delve into the factors driving these market trends:
- Celestia (TIA) may rise above $4.20 in the coming months.
- VC Spectra (SPCT) surges in presale as experts predict the token to rise above $0.080.
- FTX Token (FTT) might spike above $4.
The Celestia mainnet launched on Oct. 31. Despite this, TIA remained in an accumulation zone even as the crypto market surged.
During this phase, Celestia announced on Nov. 1 that users can run a light node on their Android phones through Vistara Labs.
On Nov.4, Dora announced a collaboration with Modular Cloud and Celestia (TIA). Nexus, a bridge for Celestia rollups, was launched on Nov. 9. Celestia joined Map of Zones on the same day.
These developments have propelled TIA prices by 69.5%, up from $2.34 on Nov. 9 to $3.92 on Nov. 11, with experts expecting further gains.
They predict TIA to break above $4.20 in the coming months.
VC Spectra surges 725% in presale
VC Spectra aims to democratize access to investments in new startups and decentralized finance (defi) projects, reshaping the fintech industry.
Using artificial intelligence (AI) and experienced venture capitalists’ guidance, VC Spectra selects the most promising DeFi projects for investment.
Through these investments, VC Spectra generates stable, consistent, and regular returns for its users in the volatile cryptocurrency market.
Built on Ethereum, VC Spectra’s smart contracts have been audited by the BlockReport Audit Team.
SPCT, the native token, is used for governance. VC Spectra implements a dedicated token vesting schedule and lock-up periods to prevent price manipulation.
In stage 4 of its public presale, SPCT is up 725% from stage 1, trading at $0.066.
When it launches on Dec. 6, SPCT is expected to change hands at $0.080.
FTT spikes amid bankruptcy proceedings
The collapse of the FTX Exchange and the subsequent bankruptcy proceedings shook the crypto market.
However, recent comments by the Securities and Exchange Commission (SEC) chairman Gary Gensler suggest that the exchange could be restarted. This news sparked more demand for FTX Token (FTT).
As of Nov. 11, FTT was up 198% since Gensler’s comments, trading at $3.70. Crypto analysts are optimistic, expecting to rise above $4 in the near term as the legal proceedings surrounding the FTX Exchange become clearer.
He stated that if the new leadership of FTX abides by law, the exchange could be rebooted.
Learn more about the VC Spectra presale here:
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