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As Cosmos (ATOM) and Cardano (ADA) Dip, Investors Pivot to a Fresh Public Presale

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John Asher

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3 mins
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Author

John Asher

Tags

Category

News - Archive

Reading time

3 mins
Last update

Author

John Asher

Tags

Reading time

3 mins
Last update


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Cosmos (ATOM) is gearing up for a bridge connecting to Bitcoin, aiming for seamless transfers by the end of October. Also, the co-founder of Cardano (ADA) publicly criticized a book on Sam Bankman-Fried, founder of FTX.  

Amid these oscillations, VC Spectra (SPCT) shines through, tempting investors with its ongoing public presale. Let’s explore which is the best crypto to buy now.

>>BUY SPCT TOKENS NOW<<

Summary

  • Analysts predict Cosmos (ATOM) will drop down to $6.10 if it doesn’t regain momentum.
  • Technical indicators show Cardano (ADA) could decline to the $0.20 support level.
  • VC Spectra (SPCT) attracts investors with projected 82% gains.

Cosmos (ATOM) Will Introduce Bridge to Connect with Bitcoin

The Cosmos network, in partnership with Nomic, is set to introduce a bridge to connect Bitcoin to the Cosmos interchain with the launch of IBC-enabled nBTC on October 30. This bridge will allow users to directly transfer Bitcoin to the Cosmos ATOM ecosystem using their Bitcoin address.

Yet, in October 2023, Cosmos ATOM saw a decrease of over 9% in its price, with ATOM fluctuating between $6.65 and $7.30. Cosmos (ATOM), one of the best DeFi projects, is trading at around $6.70 on October 10. As a result, investors are worried about the dip and are looking for alternative investing options with high ROI.

Besides, technical indicators also suggest potential bearishness. However, if ATOM crypto can counteract this trend, it might test resistance levels up to $7.50. Conversely, if momentum isn’t regained, the price of Cosmos ATOM could drop to around $6.10. Crypto experts believe this dip will lower ATOM stock investors’ confidence.

Cardano (ADA) Struggles Below $0.25

Co-founder of Cardano (ADA), Charles Hoskinson, criticized Michael Lewis’s book on Sam Bankman-Fried (SBF), the founder of FTX. He labeled it an “apology tour” for SBF. He compared SBF to Bernie Madoff, highlighting SBF’s influential following during his ongoing trial. Yet, in the ADA Cardano news, Cardano price prediction experts indicated bearish pressure, with the asset struggling to maintain above the key $0.25 level. 

ADA was trading at $0.24 on October 10. Cardano price prediction suggests that the previously highlighted crucial buying level is now at risk of being breached. Technical indicators like the OBV and the CMF signal a strong outflow of capital from Cardano (ADA).

Additionally, Cardano price prediction based on the RSI reading indicates potential further losses for ADA, with a possible descent to the $0.20 support level. Consequently, investors are exploring top altcoins, considering alternatives like VC Spectra (SPCT) for potential investments.

Investors Pivot to VC Spectra (SPCT) for Better ROI

The crypto market is witnessing a captivating shift as investors gravitate towards VC Spectra (SPCT) as an alternative to established cryptos like Cardano (ADA) and Cosmos (ATOM). VC Spectra stands out as a decentralized hedge fund dedicated to harnessing the potential of new ICOs and best DeFi initiatives.

VC Spectra (SPCT) promises its community quarterly dividends, token buybacks, and voting rights. Currently, in its Stage 3 public presale, each VC Spectra (SPCT) token is priced attractively at $0.044

With over 109 million SPCT tokens already sold, anticipations are widespread about a substantial post-presale price escalation. For new VC Spectra (SPCT) investors at the current rate, VC Spectra is set on a target of $0.080 by the end of the presale, pointing towards an impressive 82% surge.

VC Spectra (SPCT) is a gem incorporating AI-driven technology and cutting-edge trading algorithms. Such tools guarantee wise investments in high-yielding ventures underpinned by a team deeply entrenched in tech.

Learn more about the VC Spectra presale here:

Presale: https://invest.vcspectra.io/login

Website: https://vcspectra.io

Telegram: https://t.me/VCSpectraTwitter: https://twitter.com/spectravcfund