The crypto market is pretty volatile as the bears and bulls fight for dominance. Most recently, Bitcoin Cash whales accumulated 150,000 BCH coins between September 21 and October 4. Elsewhere, Stars Arena, the popular social finance that has seen an uptick in network activity on Avalanche (AVAX), announced on October 11 that it had recovered 90% of the hacked funds. Yet, after raising $2.4 million in its private seed sale, VC Spectra (SPCT) has become the talk of the town.
Is any of BCH, AVAX, and SPCT the best crypto to buy now? Let’s delve into experts’ opinions and forecasts.
>>BUY SPCT TOKENS NOW<<
Bitcoin Cash (BCH) is projected to drop to $200 as uncertainty engulfs the market.
Analysts expect Avalanche (AVAX) to reach $16 in Q2 2024, nearly doubling its price.
VC Spectra has surged 587.5% during the ongoing presale.
On-chain data shows that Bitcoin Cash whales have accumulated 150,000 BCH coins worth $34.7 million from September 21 to October 4. This kind of Bitcoin Cash news could have a positive impact on the price of BCH, but broader market conditions also come into play.
Bitcoin Cash (BCH) jumped 1.63% as its price increased from $227.36 on October 4 to $231.07 on October 16. This BCH price action leaves investors with one question: Is Bitcoin Cash a good investment?
Analysts have pointed out that negative investor sentiment could drag Bitcoin Cash (BCH) down. Due to market uncertainties, analysts are not ready to give a bullish Bitcoin Cash price prediction. As a result, Bitcoin Cash (BCH) is expected to revisit $200 in early 2024 before a bounce can commence.
Stars Arena, a social finance app that caused a surge in the network activity of Avalanche (AVAX), announced on October 11 that it had recovered 90% of the
Read more on cryptonews.com