Filecoin (FIL) Investors Turning Their Attention to a Promising New Altcoin – Exploring the Rationale

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The post Filecoin (FIL) Investors Turning Their Attention to a Promising New Altcoin – Exploring the Rationale appeared first on Coinpedia Fintech News

Despite Filecoin’s (FIL) partnership with io.net to integrate GPUs, a shift has been observed as FIL investors are turning their attention to a new altcoin, VC Spectra (SPCT), which offers impressive returns and innovative features. Let’s explore this shift in detail and know which is the best crypto to buy now.

BUY SPCT TOKENS

Summary

Filecoin (FIL) seeks sustainable growth and community empowerment through its partnership with io.net.
VC Spectra (SPCT) boosts efficiency and cost-effectiveness through the use of smart contracts and automation.

Filecoin (FIL) Partners With io.net to Boost Decentralized Storage Sector

The Filecoin (FIL) network has partnered with io.net, a developer of a decentralized cloud for GPU computing power, to enhance income opportunities for decentralized storage providers. This collaboration in the first week of December offers new income streams and diversifying use cases, particularly in AI and ML.

Filecoin (FIL) is aiming for sustainable growth and community empowerment through this partnership. The collaboration has already seen io.net integrate 1,500 GPUs from Filecoin Storage Providers, indicating a strong start.

Despite the announcement, the Filecoin (FIL) price has not been impacted much. It is trading around $4.70 with minor fluctuations on December 12. Filecoin price prediction shows FIL has recently shown a strong rebound, surpassing the 20-day EMA and targeting the $5.10 mark.

Besides, Filecoin price prediction indicates the altcoin price action shows dominance by bears as they attempt to surpass the 50% Fibonacci retracement zone. Moreover, Filecoin price prediction suggests that failing to maintain a buy rating may cause bearishness.

The technical indicators, including the RSI and MACD, confirm a bearish momentum, with a support level at $4.30. Thus, FIL investors are looking for better investment opportunities like VC Spectra (SPCT).

VC Spectra (SPCT) Steals the Show With Amazing Returns

Investors from the Filecoin (FIL) community are increasingly turning their attention to VC Spectra (SPCT), a rising star among DeFi companies, particularly after the remarkable surge in its token price during its public presale stages. VC Spectra has become a focal point for investors seeking profitable and value-aligned opportunities in the blockchain space.

During Stage 5 of its presale, SPCT tokens reached $0.077, offering returns of 862.5% to early investors. The SPCT token price is predicted to hit $0.080 by the end of the presale. VC Spectra’s appeal extends to institutional investors, with its platform offering real-time investment tracking and decision-making through its transparent and decentralized approach.

Investors appreciate the control and flexibility provided by VC Spectra (SPCT), which allows them to withdraw assets at any point. Smart contracts and automated processes enhance the efficiency and cost-effectiveness of the platform. The platform supports various trading strategies, including algorithmic, social, and copy trading.

VC Spectra is rapidly gaining recognition in the DeFi sector, promising exceptional returns through its innovative use of smart contracts, which streamline operations and reduce costs. VC Spectra token–SPCT utilizes the BRC-20 standard on the Bitcoin blockchain.

Further, the platform’s deflationary token model is designed to decrease supply and increase value incrementally. VC Spectra has successfully raised $2.4 million in its private seed sale, demonstrating strong investor confidence. The platform stands out for its decentralized trading platform and asset management protocol, focusing on transparency and security.

As VC Spectra (SPCT) prepares to surpass its initial presale forecasts and enter major exchanges, it is increasingly viewed as one of the best altcoins in the crypto market.

Learn more about the VC Spectra presale here: