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- Geography
With the end of 2023 near, what is a sensible Filecoin price prediction? Other alternatives include the HBAR crypto project and the new VC Spectra (SPCT). Considering its fast-moving presale, the latter offers the most impressive potential in these remaining months.
Find out about the numbers soon after first looking at Filecoin (FIL) and, later, Hedera (HBAR).
Filecoin (FIL) is miles ahead of other decentralized storage networks. Its current market cap, according to CryptoSlate, is roughly $1.4 billion, about 5.2 times higher than the second-placed project.
Another interesting trend with Filecoin (FIL) is its growing follower count on Twitter/X. CoinGecko notes a steady uptick since October 2018, where Filecoin (FIL) now has 669,886 followers. Finally, Messari's Q2 report shows that Filecoin's (FIL) active deals rose 64% from the previous quarter. Put simply, adoption is solid on Filecoin (FIL).
Yet, like other altcoins to watch, the crypto bear market will tug any bullish chances for Filecoin price prediction forecasts. Currently trading at $3.21, $5 is a feasible maximum target by the end of 2023 should things turn around.
With this Filecoin price prediction covered, we turn our focus to VC Spectra (SPCT), set to increase by at least 220% in 2023.
VC Spectra (SPCT) is a new crypto-based hedge fund slowly making a name in the top DeFi projects. It provides decentralized asset management for thriving blockchain and technology ventures poised for considerable gains as they scale using the platform's early-stage funding.
VC Spectra (SPCT) is also an agile, machine learning-based trading platform for its investments to manage risks while exploiting new gainful opportunities. Smart contracts do the heavy lifting on VC Spectra (SPCT), executing the necessary asset management functions without intermediaries. This is how VC Spectra (SPCT) equalizes this type of investing for everyone to join in a hassle-free yet efficient investing platform.
Investors need the Spectra token (SPCT) to become a VC Spectra member. So, why is it a good crypto to buy? SPCT provides cool benefits like voting rights, access to exclusive discounted initial coin offerings, and monthly dividends. Best of all, it's selling for a much lower price than Filecoin (FIL) and Hedera (HBAR) at $0.025 in Stage 3 of the presale.
Experts have confidence that SPCT will trade at $0.08 after the presale (likely to end before 2024), representing a 220% gain.
Now, let's look at the HBAR crypto forecast for this year.
The HBAR crypto project remains among the few blockchains using the hashgraph consensus algorithm. This gives Hedera (HBAR) an edge against the competition. But unlike Filecoin (FIL), Hedera (HBAR) is in the saturated market of decentralized applications. Yet, Hedera (HBAR) is heading in the right direction fundamentally.
Messari's 'State of Hedera Q2 2023' report reveals an increase in a few metrics. For instance, average daily transactions for Hedera (HBAR) increased by 80% from 40 million in Q1 to 71.99 million in Q2. The general theme of the research was consistent growth across all Hedera (HBAR) services.
With this in mind, things look solid for Hedera (HBAR), aside from the competition and the negative crypto sentiment. The HBAR price currently is $0.05, with many forecasts suggesting a peak of $0.08 this year.
As we can see, neither Filecoin (FIL) nor Hedera (HBAR) will likely offer above a 2x gain. Yet, given the speed of VC Spectra's (SPCT) presale, this project can achieve its anticipated 3.2x boost.
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
