Arbitrum (ARB) DAO approves upgrade.ORDI (ORDI) hits a new market cap milestone.Meanwhile, a new cryptocurrency stakes its claim in the crypto space.How has the approval of the upgrade affected Arbitrum price? How high did ORDI’s market cap reach? And why do some investors see this new coin as a top crypto to buy? Summary – Arbitrum (ARB) is plagued by volatility despite progress in network development.- ORDI can reach $69.33 in 2024.- VC Spectra’s (SPCT) is set to continue.
Arbitrum (ARB) DAO Votes Overwhelmingly For A Fork On December 4, 2023, a proposal to implement major upgrades to Arbitrum (ARB) was passed with over 99% of those voting in support of the approval.These set of improvements include support for the EVM Shanghai upgrade, integration of the PUSH0 opcode, and resolution of miscellaneous bugs.The upgrade also fixes the issue of retryable fees, which has plagued Arbitrum Nova, by ensuring proper utilization of both network and infrastructure fee accounts.All these changes will effectively usher in ArbOS Version 11, which will be a hard fork of the Arbitrum (ARB) network.The approval of the hard fork initially boosted Arbitrum price by 8.2% from $1.10 to $1.19.However, due to Arbitrum’s (ARB) high volatility recently, the price is down to $1.08.
This is 1.9% lower than the initial price.However, if the upgrades are successful, analysts say Arbitrum price could reach $2.60 in 2024.ORDI (ORDI) Hits $1 Billion Market Capitalization On December 5, ORDI became the first BRC-20 token to reach a market cap of $1 billion.ORDI achieved this feat after an 850% surge in thirty days and a 216% surge in seven days.
According to analysts, Binance’s decision to list ORDI was the catalyst for this massive price increase.Also, Taproot Wizards, which is built on ORDI, announced a $7.5 million seed round.The surge triggered a rush to inscribe new NFTs as transaction fees on the Bitcoin network outstripped those on Ethereum.While the news initially drove ORDI’s price 16.9% higher from $52.40 to $61.25.But, a general market decline ensured that ORDI has fallen to $45.27.
However, analysts say ORDI can bounce back to $69.33 in 2024 if Bitcoin (BTC) pumps because of the halving next year.Further listings by top crypto exchanges could also affect how far ORDI goes in 2024.VC Spectra (SPCT) Surges By Over 800% In 2023 [VC Spectra (SPCT)](https://vcspectra.io/), the new crypto-making waves, has gained a whopping 862.5% since its presale began.The token has increased from $0.008 in Stage 1 to $0.077 in Stage 5 as the demand for VC Spectra (SPCT) increased.
This surge has attracted the attention of the crypto community to VC Spectra (SPCT), which now considers it the best new crypto to invest in.Fortunately, VC Spectra’s (SPCT) momentum is set to continue.The token will increase beyond $0.080 or 1000% by the end of the presale.So investors can still benefit from the surge if they join now.In addition to profits from price gains, VC Spectra (SPCT) is the next big thing in DeFi.
VC Spectra (SPCT) is taking over the investment sub-niche by providing excellent investment services and unrivaled access to invest in blockchain.To access these services and investment opportunities, you have to purchase the VC Spectra (SPCT) token.Other benefits of owning the token are access to exclusive new ICOs, quarterly dividends and buybacks, and voting rights.To learn more about VC Spectra (SPCT), visit: Buy Presale: [https://invest.vcspectra.io/login](https://invest.vcspectra.io/login) Website: [https://vcspectra.io](https://vcspectra.io) Telegram: [https://t.me/VCSpectra](https://t.me/VCSpectra) Twitter: [https://twitter.com/spectravcfund](https://twitter.com/spectravcfund).
