The prolonged crypto market winter has caused investors to reconsider their investment strategy. Increasingly, crypto enthusiasts are looking for coins that can generate massive gains in the long term. Among the cryptocurrencies considered are Maker (MKR) for its extensive investment in treasury bonds, VC Spectra (SPCT) with its surging prices, and Arbitrum (ARB) for its continued ecosystem development.
Which is the best crypto to invest in for long-term holding between MKR, SPCT, and ARB?
- Maker (MKR) sees a price rise in Q3. Analysts project it will reach over $2,000 in 2024.
- VC Spectra (SPCT) offers 578% ROI potential along with a momentous deposit bonus.
- Experts say Arbitrum (ARB) may reach $0.90 to $1.00 in 2024.
Investors Rush To Maker (MKR) As Its Future Profitability Prospects Rise
In Q3, Maker (MKR) sustained a bullish run that saw it gain 75% as the MKR price rose from $830 to $1,451. The price surge is attributable to a vote by the Maker DAO community to increase investments in short-term T-bills with the funds backing the stablecoin DAI.
Consequently, Maker (MKR) has become an attractive investment for crypto enthusiasts looking for long-term profitability. Furthermore, a Maker DAO September decision to invest $6 billion in treasuries has resulted in a continued MKR price rise. Maker (MKR) has gained 5.6% as its price rose from $1,362 to $1,439 between October 13 and 20.
Market experts recommend Maker (MKR) as an ideal long-term investment. Technical analysis indicates Maker (MKR) is bullish, and its price may continue to rise by the end of 2023 and in 2024 as well. With its RSI at 52, there’s still room for a surge before it gets overbought.
Expert projections indicate the MKR price may rise 18% to reach $1,700 by the end of 2023 and breach the $2,000 price level in 2024. Can VC Spectra (SPCT) match Maker (MKR)?
VC Spectra (SPCT) Shows Long-Term Growth Potential
VC Spectra (SPCT) is a decentralized hedge fund leveraging AI and finance teams to enable investors to buy stakes in upcoming web3 and tech ventures. As a blockchain platform, VC Spectra (SPCT) offers its shareholders increased transparency and trust.
Its performance to date has confirmed it is a stable long-term investment and a top DeFi project to consider.
To invest in VC Spectra, one has to buy its native digital currency coin, SPCT. Improving the offer further, the token offers holders voting rights, access to quarterly dividends, profit buybacks, and access to new ICOs. Further, it automatically eliminates excess coins in circulation to maintain its scarcity, value, and demand.
VC Spectra (SPCT) is in Stage 4 of its public presale. At this point, SPCT tokens are available at $0.055, a 587% surge from $0.008, the price in Stage 1. Investors looking for long-term gain can buy VC Spectra (SPCT) now at a bargain price during its presale. Additionally, buying VC Spectra (SPCT) now offers a momentous bonus on all deposits that effectively increases your holdings and gains.
According to the VC Spectra (SPCT), whitepaper, price projections for the final presale stage showed it would reach $0.080, a 900% return for Stage 1 investors. However, the current price trajectory shows its price at Stage 6 may be higher than projected. And the real fun begins as soon as SPCT is listed on major exchanges, forecasted to drive the token price to higher highs.
Last but not least, can Arbitrum (ARB) outdo VC Spectra (SPCT) in the long term?
Arbitrum (ARB) Treasury Gains $60 Million In Unclaimed Tokens
On September 25, Arbitrum (ARB) announced the deposit of unclaimed airdrop tokens worth $60 million to its DAO treasury. According to market experts, the ARB token increase in the treasury strengthens Arbitrum (ARB) and makes it a high-potential candidate for long-term investment.
In Q3, Arbitrum (ARB) lost 22% as the Arbitrum price moved from $1.16 to $0.90 from July to September. In Q4, Arbitrum (ARB) continued to fall, with the Arbitrum price declining 12% from $0.90 to $0.79 between October 1 and 20.
The Arbitrum price bearishness is attributable to the prolonged crypto market weakness. Moreover, market experts predict that the Arbitrum price may continue to fall in the short term to reach $0.70 at the end of the year.
However, expert projections significantly improve in the longer term. Analysis shows Arbitrum (ARB) may change hands at a minimum of $0.90 to $1.00 in 2024. All things considered, Arbitrum might offer some positive momentum ahead. However, it’s a no match for Maker, and especially the revolutionary VC Spectra.
Learn more about the VC Spectra presale here:
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