The Rise of Underdog Cryptos: Three Tokens Under $1 with the Potential to Soar to $100 (XRP, ADA, SPCT)

While many overlooked coins have great potential to soar, Ripple (XRP) and Cardano (ADA) prove worth to surge largely. Ripple released 1 billion XRP tokens while the Cardano ecosystem faces backlashes from one of the projects in its ecosystem. However, VC Spectra (SPCT) attracts investors with its unmatched real-life utility and substantial gains. 

Which token among XRP,  ADA, and SPCT proves to be the best crypto to buy for 2024? Which coin will reach the $100 target first? Let’s find out.  

Summary

• Ripple unlocked 1 billion XRP tokens in three stages, with the first release involving 500 million tokens. 

• With the rising RSI, experts anticipate the price of Cardano (ADA) could increase to $0.50 by the end of 2023.

• In Stage 5 of its public presale, VC Spectra (SPCT) tokens are available at $0.077. 

Ripple Unlocks 1 Billion XRP Token: What’s Next?

Ripple released its customary 1 billion XRP tokens from its escrow accounts on  December 1. This significant move comprised three transactions, the first of which involved unlocking 500 million XRP, valued at $301 million. Following that, Ripple released another 300 million XRP, totaling $180.6 million. Lastly, an additional 200 million XRP, equivalent to $120.4 million, was unlocked.

With this positive move, the XRP price has made slight progress of 1.07% in the 24-hour chart. On December 1, the XRP price stood at $0.6077. Moreover, some analysts believe that Ripple (XRP) is set to spark up to unseen levels. A technical indicator like RSI is at 63, which suggests a bullish sentiment. 

Besides, the 50-day EMA also reinforces the bullish trend for the XRP. Will the XRP price soar to $100? Despite experts boasting that the altcoin price will climb up, reaching the $100 level seems far off. However, analysts believe XRP price prediction might push toward the $6 to $7 level.

Cardano (ADA) Layer-2 Protocol Milkomeda Announces Concerning News for Algorand Users

Milkomeda, which went live on the Cardano (ADA) ecosystem, has shared an important update for Cardano (ADA) and Algorand. On November 30, 2023, Milkomeda shared on social media platform X that the Milkomeda A1 rollup, operating on the Algorand mainnet, is presently unable to generate adequate fees to cover the operational costs of its validators. 

Despite the news, the price of Cardano (ADA) has increased by 1.55%, standing at $0.38 on December 1. Is Cardano a good investment? With a positive upswing in the market, crypto experts believe Cardano (ADA) will enjoy a good rally, compensating for lost performance. However, reaching $100 looks like a myth for one of the top altcoins–ADA.

Technical analysis also shows promising outcomes of Cardano price prediction. Cardano’s (ADA) RSI creeps back up to 60, highlighting positive sentiment in the market. In addition, Cardano price prediction is likely to go positive as Cardano’s (ADA) 30-day average continues to rise above 200-day. Experts hint on a Cardano price prediction that ADA will rise to $0.50 before the end of the year 2023.

VC Spectra (SPCT): A Shooting Star in the Crypto Market

In the surging wave of emerging cryptocurrencies, VC Spectra (SPCT) takes the forefront in reshaping the fintech and blockchain landscape, showcasing resilience and innovation. VC Spectra (SPCT) has garnered much attention as a decentralized hedge fund powered by high-tech AI technology, a team of tech savvies, and advanced investment strategical techniques.

VC Spectra (SPCT), one of the best DeFi projects, has drawn investors in with its unparalleled real-world utility, lucrative returns, and exclusive perks such as access to new ICOs, buybacks, quarterly dividends, and more. Adding to the allure, VC Spectra (SPCT) employs risk management strategies like algorithmic and systematic trading strategies that prevent uncertainties and vulnerabilities.

VC Spectra (SPCT) is currently in Stage 5 of its public presale. VC Spectra has already sold 31.06% of the SPCT token at this stage. Investors can buy SPCT tokens at $0.077. For those seeking substantial returns on their investments, VC Spectra (SPCT) serves as the ideal avenue to fulfill that objective. 

Demonstrating its potential, VC Spectra (SPCT) has already delivered an impressive 862.5% return from Stage 1 and a noteworthy 16.6% return from Stage 4. Market analysts are wondering whether the value of VC Spectra will hit the $100 mark. Given the notable increase during the presale stages, many believe this milestone is imminent.

Learn more about the VC Spectra presale:

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

Website: https://vcspectra.io 

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund