Guide for crypto beginners: coins to consider in December
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The crypto market has been volatile, with some coins rising, stagnating, or falling. In December, some enthusiasts believe VC Spectra (SPCT), Blur (BLUR), and Avalanche (AVAX) should be explored in 2024.
VC Spectra presale in progress
VC Spectra offers a decentralized hedge fund model.
The platform pools funds and invests in potent web3 companies and tech ventures to democratize access to private investing. This approach aims to level the playing field and provide opportunities for individuals to participate in potentially lucrative investments.
VC Spectra uses AI to evaluate investment targets and employs advanced financial trading strategies to maximize growth and manage risk.
The platform also offers several benefits to investors, including quarterly dividends, profit buybacks, and more. Its native token, SPCT, ensures transparency in dividend allocation, voting rights, trading, and secure asset management.
The ongoing public presale presents an opportunity for supporters to acquire SPCT.
The presale is in six phases, and stage 5 is currently underway, with SPCT available for $0.077.
As an added incentive, new stage 5 investors will receive a special bonus on their deposits.
At spot rates, the token is up 862.5% from the initial listing price of $0.008 in stage 1.
Analysts expect SPCT to extend gains after the presale.
Can Blur maintain momentum in December?
In November, BLUR prices rose 117% from $0.23 to $0.50.
The expansion is because Blur is the most popular NFT platform, according to data.
Between Nov. 23 and Nov. 30, BLUR fell 6%, dropping from a high of $0.53 to $0.50.
Further, on Dec. 1, prices changed hands at $0.49.
Based on this information, market experts are bearish on BLUR.
Meanwhile, technical indicators such as the MACD and the Money Flow Index (MFI) are bearish on the token.
Moreover, market experts predict BLUR to drop to as low as $0.40 in the first week of December, given considerable whale demand, before resuming its bullish trend.
Will bulls push Avalanche further?
In November 2023, Avalanche rose from $11.32 to $21.09, an 86% gain.
However, profit-taking has slowed the uptrend momentum in the first week of December.
From Nov. 23 to Nov. 30, AVAX rose by 3%, from $20.80 to $21.48.
Despite this slight surge, further analysis shows that the token has been trading sideways and forming a triangle pattern, indicating a loss of bullish momentum.
Despite this bearish trend, on Dec. 1, prices rose to $22, suggesting that buyers still have the upper hand.
With prices rejecting bears, investors hope AVAX will trend higher in December.
AVAX price predictions place the coin at $30 by the end of December.
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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