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HomePress ReleaseAre ORDI And Optimism Set For Upswing? Focus On An Emerging Token Gaining Investor Traction

Are ORDI And Optimism Set For Upswing? Focus On An Emerging Token Gaining Investor Traction

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Optimism (OP) has been on the rise since September, and there are no indications of its bull run ending. On the other hand, ORDI has also seen significant bullish trends for a while now. While investors await a positive turnaround, other new top altcoins continue to wow the market with unprecedented returns. 

Let’s find out if any of these top DeFi projects are the best crypto to buy now.

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ORDI Going Down After A Good Week: What’s Next?

Layer 1 blockchain project ORDI (ORDI), one of the top DeFi projects, is making headlines once again as it released 4.7 million tokens on November 14. This number is equivalent to 2% of its circulating supply, with a total estimated worth of $25.2 million.

The move is part of ORDI’s ongoing token distribution strategy, with approximately $17.8 million earmarked for the community and $7.4 million allocated to the ORDI (ORDI) Foundation.

It’s worth noting that a similar token release of 4.5 million tokens in October had a noticeable impact on ORDI’s (ORDI) value, causing it to surge. Similar to that trend, ORDI rose from $18.44 on November 14 to $22.03 on November 19, recording a 19.46% rise.

Naturally, experts predict the potential for further surges for ORDI after the November 14 token unlock. Drawing on past token unlocks and historical trends, these experts have a consensus that ORDI might rise to $7.5 by November’s end, making it the best crypto to buy now.

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Optimism Token “OP” Holders Are Rising Significantly: What’s Next?

The increasing number of Optimism token (OP) holders has supported its price surge in October. Overall, OP holders grew from 831,000 to 1,134,000 over the month, per the revenue report by Optimism (OP) published on November 15.

The Optimism coin (OP) started the week trading above $1.79 on November 13. However, the price declined by 2.79% to $1.74 on November 19 after a significant sell order volume post-report publication. The number of Optimism token (OP) holders is still rising.

A recent report shows Optimism (OP) whale and shark addresses extending renewed interest in the token. Among the most notable addresses was 0x011, from Amber Group, who bought 3.73 million OP valued at $5.71 million from Binance.

Despite this decline, analysts are bullish on Optimism (OP) and expect it to trade above $2.00 by the end of November 2023. They cite increased interest in Optimism (OP) among other top altcoins, which could push the price up.

VC Spectra (SPCT) Readies Itself For A Final Push To $0.080

VC Spectra (SPCT) is currently in the spotlight as the best crypto to buy now for 2024. This innovative blockchain asset management platform has gained recognition for its remarkable presale performance and unique features.

VC Spectra (SPCT) stands out by prioritizing investor safety. It employs a rigorous project evaluation process led by experienced venture capitalists and risk managers to assess all investments in order to maximize profits and minimize risks.

The platform’s native token, SPCT, follows the BRC-20 standard on the Bitcoin blockchain and utilizes a deflationary model. This design gradually reduces VC Spectra’s (SPCT) supply over time, potentially increasing SPCT’s value and benefiting long-term investors.

VC Spectra (SPCT) has demonstrated impressive presale performance, raising a substantial $2.4 million sum in its private presale. The ongoing public presale is equally remarkable, providing a substantial 725% return on investment as the VC Spectra’s (SPCT) price surged from $0.008 in Stage 1 to $0.066 in Stage 4.

With the VC Spectra (SPCT) presale end approaching, featuring a planned price of $0.080, VC Spectra (SPCT) is ready yet again to deliver a final 21.21% ROI as the best crypto for beginners and pros alike. So, what are you waiting for? Invest in VC Spectra (SPCT) and be part of the next surge!

Learn more about VC Spectra (SPCT) and its presale:

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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PR DESK
PR DESK
PR Desk is a guest author on TheCryptoBasic and only delivers sponsored content. Hence, views and opinions published under PR Desk are exclusively theirs and should not be taken as investment advice. If you want to publish your PR, please contact hashim@thecryptobasic.com or support@thecryptobasic.com

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