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The cryptocurrency market is buzzing with excitement as spot Bitcoin ETFs are set to launch by January 2024. This has led to a significant increase in whale transactions across cryptocurrencies, including top altcoins Ethereum (ETH), Polygon (MATIC), and VC Spectra (SPCT), causing their prices to surge. Let’s explore the full story of their bullish stories!
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Summary
- Institutional and whale demand surge propels Ethereum’s (ETH) price by 170%, with a bullish prediction expecting a $2,202 value by December 20.
- A notable 3,800% increase in transaction volume boosts Polygon’s (MATIC) price by 54%, leading to predictions of a $0.94 value by December 26.
- Emerging as a top DeFi coin, VC Spectra (SPCT) impresses with a carefully curated presale, selling over 400 million tokens and projecting a 21% surge to $0.080.
Ethereum Price Prediction: Bullish Momentum Fueled by Whale Accumulation
On November 11, IntoTheBlock reported a significant surge in institutional and whale demand, notably in Ethereum (ETH). Ethereum (ETH) witnessed a remarkable 170% increase in demand between October and November, grounds for a bullish Ethereum price prediction.
Lookonchain highlighted the activities of a whale at address “0xee47,” who strategically amassed an additional 3,200 ETH, equivalent to $6.7 million. This accumulation comes seven months after the whale’s initial acquisition on July 5, 2022. Simultaneously, another notable whale at address “0x78D0” has been actively accumulating ETH since May 24. These movements have been insightful to investors pondering, “Should I buy Ethereum?”
These notable ETH whale transactions caused a price surge in Ethereum’s price. Between October 31 and November 14, Ethereum’s (ETH) price went from $1,811 to $2,058. Due to its growing whale transactions, Ethereum price prediction shows that ETH will maintain its bullish momentum, rising to $2,202 by December 20.
Polygon Matic Price Soars Amidst Institutional and Whale Demand Surge
Just like Ethereum (ETH), IntoTheBlock also revealed a substantial surge in institutional and whale demand for Polygon (MATIC), experiencing a remarkable 3,800% increase in transaction volume. Polygon MATIC News shows that 6,999,890 MATIC tokens, estimated to be worth $5,895,339, were sent from Binance to an unknown wallet on November 10.
The surge in Polygon’s (MATIC) trading volume was mirrored in the Polygon MATIC price, which rose from $0.62 to $0.96 between October 31 and November 14. This marks a whopping 54% increase in Polygon’s (MATIC) price.
The increase in Polygon’s (MATIC) trading volume suggests a growing interest in MATIC and investor confidence. Market analysts predict this will potentially drive the Polygon MATIC price to $0.94 by December 26.
VC Spectra (SPCT) Emerges as Top DeFi Contender with Remarkable Presale Performance
Since it started its presale in July 2023, VC Spectra (SPCT) has captured attention by distinguishing itself among the top DeFi coins. VC Spectra (SPCT) sets itself apart by meticulously selecting ventures with sustainable growth potential, offering users a diverse range of investment opportunities, including access to lucrative new ICOs.
VC Spectra (SPCT) doesn’t stop there; it empowers investors with comprehensive risk analysis tools, allowing them to discern market trends and strategically diversify their portfolios for optimal returns with minimal risks.
During its presale, VC Spectra (SPCT) experienced an overwhelming demand, selling more than 400 million SPCT tokens. This intense demand catapulted the token price to an astounding 725% increase. Starting at $0.008 per token in Stage 1, the value surged to $0.066 per token in Stage 4, reflecting the VC Spectra’s (SPCT) potential as one of the top cryptos to buy!
Analysts are optimistic about VC Spectra (SPCT)’s future, projecting its token value to reach $0.080 by the conclusion of the presale. This marks a substantial 21% surge from its current value, a unique opportunity for new investors to make substantial returns from this crypto gem.
To learn more about VC Spectra (SPCT) and its presale, visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
*This article was paid for Cryptonomist did not write the article or test the platform.