THORChain (RUNE), however, spiked following a recent ecosystem development. Elsewhere, VC Spectra (SPCT) continues demonstrating remarkable dynamics as the best cryptocurrency, having accumulated $2.4 million in its private seed sale.

Let’s find out which of these crypto-rising stars is poised to shine the brightest in September.


Cosmos (ATOM) Slides Despite Ecosystem Progress

On September 2, USDC-issuer Circle announced plans to integrate its stablecoin into five new blockchains, including Cosmos (ATOM). This development is scheduled to take place at an undisclosed date in September. With the incorporation of USDC stablecoin in the Cosmos (ATOM) chain, users will benefit from a fast, secure, and more efficient transactional system.

Despite the ongoing development in the Cosmos (ATOM) ecosystem, the Cosmos ATOM price plunged. On August 31, Cosmos (ATOM) witnessed intense selling pressure from bears, causing the asset to shed 1.96%. The Cosmos ATOM price fell from $7.35 to $7.21 on the same day.

Cosmos (ATOM) continued falling incessantly till September 4, breaking below the $7.00 support level. Cosmos (ATOM) is currently exchanging hands at $6.85. Analysts inferred that if the Cosmos crypto doesn’t recover from the hold of the bears soon, the price could revisit the next major support at $6.00.

Filecoin (FIL) Consolidates As Open Interest Rates Fluctuate

The open interest rates for Filecoin (FIL) teetered on September 1, suggesting a possible short-term range extension. The last few days saw the Filecoin (FIL) metric waver below $70 million. This shows that the demand for Filecoin (FIL) staggered around the same time.

Moreover, the OI-weighted funding rates for Filecoin (FIL) dangled in September as the volume of the derivatives market dropped immensely. This raised a neutral to negative sentiment on Filecoin (FIL) over the short term.

After a volatile month, the Filecoin (FIL) price is consolidating at $3.12, marking a 24.76% monthly decline. However, experts gave a Filecoin FIL price prediction that involves an upside reversal if the weekly candlestick closes above $3.20. Another factor that can help actualize the Filecoin FIL price prediction is if Bitcoin (BTC) bulls take over.

THORChain (RUNE) Surges As Lending Launches

On August 22, THORChain (RUNE) launched lending, a system that supports the borrowing of RUNE by BTC, ETH, and other layer-1 networks. The launch resulted in the price of THORChain (RUNE) skyrocketing to the $1.80 high on August 22. THORChain (RUNE) gained over 80% in two weeks to attain the indicated price level.

However, THORChain (RUNE) soon recorded a correction that shed 9.38% of its value on September 1. As a result, the THORChain price dropped below the $1.50 range.

On September 4, THORChain (RUNE) gained 7% to trade at $1.55. Analysts believe there is still enough room for THORChain (RUNE) to reclaim the $1.80 price range as the ecosystem accommodates further developments. This progress could set RUNE on the path to becoming one of the top crypto coins.

VC Spectra (SPCT) Defies High Volatility Odd

VC Spectra (SPCT) is a decentralized hedge fund operating on the Bitcoin BRC-20 blockchain.

As a Bitcoin standard token, SPCT has an intrinsic deflationary layer that allows it to gradually reduce its circulation. Moreover, as a utility token, SPCT serves several purposes ranging from decentralized trading to asset management and payment of transaction fees.

Additionally, VC Spectra (SPCT) rewards users with a quarterly dividend and a buyback program. This enables VC Spectra (SPCT) investors to increase their investments with the profits from their initial investment. Furthermore, VC Spectra (SPCT) users can partake in new ICOs and express their voting rights within the protocol.

VC Spectra (SPCT) entered Stage 3 of its public presale on August 17 at $0.025. To date, the Stage 1 investors have earned 212.5% ROI, while Stage 2 investors realized 127.27%.

Investors who engage in the presale of VC Spectra (SPCT) at the current price of $0.025 stand to gain 32% when the price touches $0.033 in Stage 4. In addition, analysts expect a 220% surge in price when VC Spectra (SPCT) reaches the $0.080 price level at the end of the presale.

Ultimately, VC Spectra (SPCT) could be the best cryptocurrency in the market today.

Learn more about the VC Spectra presale here: