Investors can explore Solana, Monero, and VC Spectra in December
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The December Crypto Investment Hotlist provides guidance on noteworthy picks in the crypto market, such as Solana (SOL), Monero (XMR), and VC Spectra (SPCT). It keeps you informed about the latest news and developments, giving you insights into the potential growth and investment prospects of selected projects.
Solana gains momentum amidst Solend launch
On Nov. 20, 2023, the Solana Foundation announced the launch of their native Android app, Solend, in the dapps store.
This platform allows investors to earn interest or borrow funds against their crypto assets deposited in the Solend protocol.
Following this announcement, SOL rose by 5.52%. Between Nov. 20 and 25, prices increased from $56.53 to $59.65.
In the subsequent days, the Solana uptrend continued, reaching $61.51 by Dec. 1.
Analysts expect the coin to reach $69.75 in 2024.
Monero gains investor interest after usage record
On Nov. 20, ShopInBit reported that Monero had overtaken Bitcoin in platform usage for the first time in five years.
Following this news, XMR rose by 6.64%, reaching a monthly high of $172.93.
However, Monero retraced, falling 4.99% to $164.28 before bouncing back to $171.86 on Dec. 1.
Analysts forecast Monero to reach as high as $317.01 in 2024.
VC Spectra on investors’ radar in December
In the meantime, investors are exploring VC Spectra, a project known for its inclusivity and diverse trading strategies.
Unlike many other platforms that require high minimum deposits, VC Spectra opens up investment opportunities to more individuals. This democratization of access fosters broader participation and makes VC Spectra a defi project investors can explore.
Furthermore, VC Spectra incorporates a range of trading strategies that aim to optimize returns while mitigating risks. These flexible and adaptable strategies empower investors to tailor their investment approach to their specific goals and risk tolerance.
SPCT, the platform’s token, is available for $0.077 in the ongoing presale.
Early investors who participated in stage 1 are up by 862.5%.
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.