Buzz Grows as Bitcoin (BTC) and Solana (SOL) Early Backers Shift to a Budding Cryptocurrency Star
The crypto-verse continues to scream bull run, with most tokens shooting up on their charts, much to the delight of investors.Profit-starved traders have capitalized on the brief spikes and cashed in on their existing profits before bearish waves come around.
Crypto giants Solana (SOL) and Bitcoin (BTC) are the current favorites, and this new DeFi token is looking to make the top crypto tokens list.Wait for it!
Solana (SOL) Price Correction Calls For Caution
Earlier last month, Solana (SOL) picked up pace in crypto, spiking from $62.89 to $77.24 by the second week.BeInCrypto reviewed the Web3 giant, indicating that Solana (SOL) could be the third biggest token by market capitalization, with the token embarking on a comeback for the top spot.
Many of its projects are gaining on their Ethereum counterparts, as Pyth Network keeps sweeping users from the Ethereum-based Chainlink.Despite Solana (SOL)’s stellar start to the month, its investors have sought to keep their profits from the brief bull run.
The SOL price dropped by some 9% in less than 24 hours, and although the token is redirecting in the direction of profits, users have to be cautious.Still, the Solana (SOL) price has made a 23.42% profit in the past week, going from $85.28 to $105.25.
As for Solana (SOL) price prediction, investors have nothing to worry about in the long run.The Solana (SOL) network is already tipped for a bullish 2024; the future seems bright from here!
Bitcoin (BTC) Price Set to Meet $63,000 Mark!
The Securities and Exchange Commission held on to the petitions for Bitcoin (BTC) ETFs for years, but it came to a head in 2023.The pressure had been building since BlackRock applied in mid-2023, with many other major financial institutions following suit.
Eventually, the SEC had around ten applications to consider for the ETF.
After months of decision delays and anticipation, the SEC has finally given the green light to several Bitcoin ETFs.Prior to the announcement, Bitcoin (BTC) sat out the latest price action in the crypto-verse before hitting a 2024 high of $49,000.
For crypto analyst Matt Hyland and social media commentator Ali, Bitcoin (BTC) will have little challenges after it crosses the latter mark, as they predict a smooth run to $63,000 (or further) this year.
And wait a minute–
VC Spectra (SPCT) has something to say too!
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VC Spectra (SPCT) allows users to diversify their portfolios even further.The crypto-verse is a minefield of opportunity, and VC Spectra (SPCT) allows you to access them all from its network.You also get discounts on top new ICOs from various tokens and voting rights as a member of the VC Spectra (SPCT) community.
SPCT tokens are already on presale stage five, with each token selling for $0.077, some 16% ROI from presale stage four’s $0.066 price.
Stage one buyers are already at 862.5% profits.
Analysts are backing VC Spectra (SPCT) to hit $0.08 when the token hits the major exchanges, and you don’t want to miss out on the profits.
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