Comparing Returns on Arbitrum (ARB), VC Spectra (SPCT), and Polygon (MATIC): Altcoin Bets for 2024

The crypto market is beginning to recover after performing poorly since the start of the year. As such, optimistic investors have started eyeing top altcoins Arbitrum (ARB) and Polygon (MATIC) in anticipation of a bull run come 2024. Meanwhile, VC Spectra (SPCT), which raised $2.4 million in its seed/private sale, is basking in its success after generating a 587.5% ROI in 2023.

Which is the best altcoin bet for 2024 between Arbitrum (ARB), Polygon (MATIC), and VC Spectra (SPCT)? Let’s find out!

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Summary

• Arbitrum (ARB) starts surging again after Bifrost adds support for its mainnet.
• Polygon (MATIC) gains 9% in a week, with more gains set to come soon.
• VC Spectra (SPCT) proves the best crypto to buy before 2024 bulls charge in.

Arbitrum (ARB) Regains Steam: Will Bulls Remain Dominant?

Arbitrum (ARB) has made little movement since October 14. However, the movement was in the positive direction, a development that adds Arbitrum (ARB) to the list of altcoins to watch!

On October 14, the Arbitrum price stood at $0.8063. A bearish sentiment ensued after fake Bitcoin ETF news on October 16 activated Arbitrum (ARB) whales. As a result of the whale-powered selling pressure, the Arbitrum price plunged to $0.7827 on October 18.

Fortunately, Bifrost announced support for the Arbitrum (ARB) mainnet on October 18, triggering a fresh rally. By October 23, the Arbitrum price had recovered and stabilized around $0.8514. This price denotes a 5.59% gain from the October 14 level.

Analysts believe Bifrost’s integration of the Arbitrum (ARB) mainnet will attract more users to Artibtrum (ARB). To this end, experts predict Arbitrum (ARB) will surge to $0.9260 by the end of 2023.

Polygon (MATIC) Jumps 9% In a Week: Bulls Set To Continue Charging!

Polygon (MATIC) has performed well over the past seven days, starting October 14. On October 14, the Polygon MATIC price was hovering around $0.5187. However, bullish Polygon MATIC news on October 20 revealed top DeFi lending protocol Lido Finance had withdrawn from Solana, and the Lido community proposed embracing Polygon (MATIC).

This news saw Polygon (MATIC) start climbing. By October 21, the Polygon MATIC price had stabilized around $0.5658. This price surge represents a 9.08% gain in a week. More so, MATIC has continued to surge, reaching $0.6135 by October 23.

Analysts believe the excitement around this news will see the Polygon MATIC price get another boost to close October at $0.8100. If Lido Finance embraces Polygon (MATIC), experts believe the token could surge to $0.8700 in December before breaching $1 in Q1 2024. This forecast makes Polygon (MATIC) a good crypto to buy!

VC Spectra (SPCT) Sees More Demand: Likely To Surpass $0.080 Soon!

VC Spectra (SPCT), an emerging decentralized asset management and trading platform, has seen investors thronging in its ongoing public presale. The increasing demand for VC Spectra (SPCT) comes from the perks the platform offers. These include voting rights and access to top blockchain and fintech ICOs.

More importantly, VC Spectra (SPCT) rewards investors with quarterly dividends and buy-backs. The project dedicates 40% of its monthly profits to reward SPCT holders. Investors get a percentage of the profits based on the number of SPCT tokens they hold. This feature makes VC Spectra (SPCT) the best cryptocurrency to buy as 2024 approaches.

In October, VC Spectra (SPCT) began Stage 4 of its ongoing public presale at $0.055. Stage 1 investors that purchased VC Spectra (SPCT) at $0.008 have seen their investments surge 587.5% thus far.

Investors that buy VC Spectra (SPCT) at $0.055 will see their investments increase by 45.45% once the token attains the $0.080 target at the end of its public presale. Moreover, VC Spectra is offering a momentous bonus on all deposits to incentivize buyers.

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