Comparing Arbitrum, VC Spectra, and NEAR Protocol: Which Cryptocurrency is the Best Investment Choice?

16 views 12:54 pm 0 Comments November 22, 2023

The next bull cycle is here, and investors are looking for the top altcoins to add to their portfolios. Assets that are quite pocket-friendly have a lot of room to grow during this period. Among the most famous names being thrown around are Arbitrum (ARB), NEAR Protocol (NEAR), and VC Spectra (SPCT).

But which of these three represents the best investment over this festive period? Let’s explore what each of these three projects—Arbitrum (ARB), NEAR Protocol (NEAR), and VC Spectra (SPCT)—has to offer to determine the best investment.

Arbitrum Price Keeps Growing As The Project Achieves Major Milestones

The Arbitrum price is up 39% over the past month as significant milestone achievements fuel ARB’s growth. This growth has brought the attention of investors to Arbitron (ARB) as they aim to catch its promising upside.

Priced at a lowly $1, Arbitron (ARB) is attractive to low-budget investors looking for gems. After a month of rallying where the Arbitrum price peaked at $1.22, ARB has retraced to the 50 EMA as the asset forms higher highs and higher lows. Arbitron (ARB) hopes to use $0.98 as a support level to push for the next resistance at $1.34.

The fundamentals look suitable for Arbitrum (ARB) to continue its ascent. The project has had a lot of positive buzz since it launched its mainnet. Dubbed the Arbitrum Orbit, the iteration allows users to permissionlessly build a customized chain “using the most advanced technology in the world.”

This makes ARB one of the best altcoins to invest in right now. However, the other two projects covered here have registered even higher gains than Arbitrum.

NEAR Protocol Grows Exponentially Amid Listing On Binance Japan

Thanks to a combination of factors, NEAR Protocol (NEAR) has shot up 112% over the past month. First, the altcoin benefits from the capital inflow within crypto markets as the bull cycle strengthens. Additionally, NEAR is one of 13 tokens set to be added to Binance Japan, thus giving the altcoin exposure to one of the leading crypto markets.

In anticipation of this listing scheduled for November 27, NEAR Protocol (NEAR) is enjoying the buzz that can propel the altcoin price to higher levels. NEAR Protocol (NEAR) recently broke a significant resistance level at $1.88 and is headed straight for the next one at $2.40.

The low price of NEAR Protocol (NEAR) is another attractive feature for investors looking for low-budget altcoins with more room to grow. As things stand, there is no stopping the NEAR Protocol (NEAR), which is good news for its investors. However, if you are looking for an altcoin that has even outperformed NEAR Protocol (NEAR), you are better off considering the next one.

VC Spectra (SPCT) Stands Tall Among The Top Altcoins

Decentralized asset management tool VC Spectra is standing tall among the best altcoins despite being around for just a few months. Its ascent to the top has been steep, and none of the two other altcoins listed here have come close to its market performance.

VC Spectra (SPCT) is up 725% from its first stage in its fourth presale stage. Each SPCT Token is going for $0.066 and is projected to grow past $0.08 by the end of the presale. More excitingly, investors will be glad to hear that the price of SPCT is also projected to rise above $1 once the token is listed on major exchanges.

That’s a whopping 1,415% growth for current investors. It’s this upside that most investors are keen on not missing out on. Additionally, unlike some projects whose value is driven only by speculation, VC Spectra offers robust utility, guaranteeing it will be a mainstay within the crypto ecosystem.

At its core, VC Spectra serves as a decentralized asset management protocol. It was built by brilliant financial heads who have worked for the likes of JP Morgan Chase, Citi Bank, and so on as money managers. Their experience in traditional finance coupled with fintech allowed VC Spectra (SPCT) to launch, which aims to simplify crypto investing and trading for its users.

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