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The post Crypto Projects to Keep an Eye On: THORChain (RUNE), VC Spectra (SPCT), and TRON (TRX) appeared first on Coinpedia Fintech News
Discover the latest trends in top DeFi projects, featuring THORChain (RUNE), VC Spectra (SPCT), and TRON (TRX). These innovative cryptocurrencies are making significant strides in the market, from groundbreaking lending features to strategic partnerships, shaping the future of decentralized finance.
Summary:
- THORChain’s (RUNE) surges 172.93% to $4.94, new lending feature boosts price, $6.35 predicted.
- VC Spectra (SPCT) soars by 725%, promising DeFi gains and exclusive investor perks.
- TRON (TRX) partners with Pundi X, boosting price by 11.22%, with higher forecasts ahead.
THORChain’s (RUNE) New Lending Feature Spurs 172.93% Surge, with Predictions of Further Growth
On August 22, 2023, THORChain (RUNE), a key player in the cryptocurrency sector, unveiled a new lending feature, allowing users to obtain loans using Bitcoin (BTC) and Ethereum (ETH) as collateral. These loans are issued in TOR, a stablecoin tied to the USD, offering an innovative borrowing approach free from traditional loan issues like interest and liquidations. The system offers flexible collateralization ratios (200% to 500%), adjusting to market conditions and giving users greater control over their loans.
This lending protocol by THORChain (RUNE), is user-friendly and designed to encourage long-term borrowing. THORChain has also implemented a circuit breaker mechanism to maintain stability and prevent inflation in times of significant price drops in RUNE against collateral assets. All these have bolstered investor’s interest in THORChain (RUNE), further boosting its price.
Furthermore, this new integration has led to THORChain (RUNE) surging from $1.81 to $4.94 between August 22 and November 13, 2023. This surge in THORChain’s (RUNE) price marks a major 172.93% increase. Also, experts predict that RUNE will keep on in its surge to $6.35 by December 6, 2023.
VC Spectra (SPCT): DeFi Innovation and Its Soaring Market Impact
VC Spectra (SPCT), one of the top DeFi projects, has significantly impacted the crypto market in late 2023, yielding substantial profits for investors. During its public presale, SPCT’s price has impressively risen by 725%.
With predictions of reaching $0.080 at the presale’s conclusion, this would mark a 10x increase from its initial price. Currently priced at $0.066, VC Spectra (SPCT) is available on the VC Spectra website.
Looking beyond its price performance, VC Spectra (SPCT) stands out as a decentralized platform for investment and trading, offering a superior blockchain investment experience. VC Spectra (SPCT) allows investors to invest in top blockchain startups and various crypto market sectors and provides options for staking tokens.
SPCT token holders enjoy additional perks such as exclusive access to new ICOs opportunity, quarterly dividends and buybacks, and voting rights. These features, combined with its impressive market performance, position VC Spectra (SPCT) as a top cryptocurrency to invest in.
TRON (TRX) and Pundi X Partnership Drives Bullish Surge: Analyzing Future Price Predictions
On November 9, 2023, a significant partnership was announced between TRON (TRX) and Pundi X, aimed at enhancing cryptocurrency usage in daily transactions. This collaboration integrates Pundi X’s XPOS platform with TRON coin network, accessible through the TRONLink Wallet. TRON (TRX) ‘s initiative enables users to manage and conduct transactions with their digital assets efficiently.
The XPOS device, known for its ease of use, will now support TRX coin and a variety of tokens from the TRC-20 network, thereby broadening the scope of the TRON (TRX) ecosystem. The primary objectives of this partnership by TRON (TRX) are to simplify transaction processes, improve security measures, and increase the accessibility of cryptocurrency operations.
This partnership has aided TRX coin in moving in a bullish direction as TRON (TRX) moved from $0.098 to $0.109 between November 9 and November 13, 2023. This surge has seen TRX coin rise by 11.22%. Experts are optimistic as they believe TRON (TRX) will hit $0.17 by December 20, 2023.
To learn more about VC Spectra (SPCT) and its presale, visit:
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
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