Crypto Investors Shift Focus from THORChain (RUNE) and Filecoin (FIL) to a High-Potential Digital Asset

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Discover THORChain’s (RUNE) DeFi momentum, Filecoin’s (FIL) recent challenges amid a strategic Sushi partnership, and the ascent of VC Spectra (SPCT) in a bearish market. Unveil the evolving crypto market through these key developments and high-potential assets.

THORChain’s Rise in DeFi: Cross-Chain Impact and Challenges

On November 19, 2023, THORChain (RUNE), one of the top DeFi projects, surged to the third position in weekly trade volume, hitting $1.854 billion. This places THORChain (RUNE) behind Uniswap and Pancakeswap in DEX rankings.

Notably, 2% of global Bitcoin spot trading is now channeled through THORChain (RUNE), marking a significant milestone in decentralised finance (DeFi). Developed on the Cosmos SDK, THORChain (RUNE) serves as a decentralised cross-chain infrastructure, facilitating asset settlement across various blockchains.

Between October 24 and November 22, 2023, THORChain (RUNE) witnessed a remarkable 155.23% increase from $2.189 and $5.857, making it the fastest-growing among the top ten DEX platforms.

The platform currently supports 17 trading pairs, with BTC/RUNE leading the way. Despite its success, THORChain (RUNE) has faced controversy, particularly when the FTX hacker moved millions through THORSwap, leading to operational halts and modifications.

THORChain’s (RUNE) achievements have drawn praise from supporters, who highlighted the platform’s role in diverting BTC spot trading away from centralised intermediaries.

Analyzing Filecoin Price Prediction Amidst Recent Downtrend and Sushi Partnership

On November 13, 2023, Filecoin (FIL) took a downward trend, nearing 20% in the past weeks. The top altcoin, currently valued at $4.475, has declined from $5.542, marking a 19.25% decrease.

One notable development outlook is integrating with Sushi, which has become the first decentralised exchange (DEX) to join forces with Filecoin (FIL). This partnership enhances investment opportunities and ensures increased liquidity for Filecoin (FIL). The upcoming SushiXSwap cross-chain function is poised to further elevate Filecoin’s utility by enabling transactions across over 30 blockchain platforms.

Despite this development, Analysts anticipate Filecoin’s (FIL) bearish momentum to continue, signalling a shift in Filecoin price prediction. This development suggests the possibility of significant downward movement to $4.000 for Filecoin (FIL) in the near future.

VC Spectra (SPCT): High-Potential DeFi Gem in a Bearish Market

Amid the uncertainty in THORChain (RUNE) and Filecoin (FIL), VC Spectra (SPCT) stands out as one of the top DeFi projects in the DeFi space.

Showcasing real-time utility and unprecedented gains, VC Spectra (SPCT) operates as a decentralised hedge fund, facilitating strategic financial commitments to promising fintech and blockchain ventures. Beyond providing attractive investment opportunities, VC Spectra (SPCT) rewards token holders with regular dividends and exclusive early access to new ICOs during seed and private sale stages.

The current valuation of the VC Spectra token, SPCT, at $0.077 in Stage 5 of its public presale, reflects an impressive 862.5% return on investment (ROI) from its initial price of $0.008 in Stage 1 and a substantial 600% ROI from its Stage 2 price of $0.011. These remarkable gains of VC Spectra (SPCT) have garnered significant attention from investors seeking high-potential digital assets.

Experts predict a continued upward trajectory for VC Spectra’s (SPCT) price throughout successive presale stages, aiming to reach a target price of $0.080 in the final stage. This movement is anticipated to yield an 3.90% gain for investors participating at the current stage and price. In summary, VC Spectra’s (SPCT) robust presale positions SPCT as one of the top crypto to invest in, outperforming rivals such as THORChain (RUNE) and Filecoin (FIL).

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WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost

AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido

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