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While tokens Conflux (CFX) and Optimism (OP) can be pretty volatile, they often produce big rallies.
It'll be interesting to see which project will move into bullish territory sooner.
While VC Spectra (SPCT) is the 'underdog,' it has more chances for a serious surge in the coming months. Let's analyze each of these altcoins in more detail.
BUY SPCT TOKENS NOW
Conflux (CFX) has partnered with World of Dypians where it will be represented in the virtual world as headquarters for users to get updates, news, and more.
Developers will urgently want to bolster Conflux (CFX), considering its down-trending price action.
After rising 69% in June from $0.16 to $0.27, almost all those gains have vanished, dropping back to $0.17.
This was partly due to the 'market market 'allegations surrounding the DWF Labs' $18 million purchase of CFX in late June.
Overall, Conflux (CFX) remains quite bearish, derailing its chances of a noticeable boost soon.
The maximum price prediction for this token by 2024 is $0.30. Compared to Optimism, Conflux (CFX) is less likely to surge first.
$455,000 Stolen from Ethereum’s (ETH) and Optimism's (OP) Vaults through Arcadia Finance
The DeFi protocol, Arcadia Finance, is the latest to fall victim to an expensive exploit.
Hackers drained around $455,000 worth of funds from its Optimism (OP) and Ethereum (ETH) vaults.
Fortunately, this setback didn't affect Optimism's (OP) price, which has moved sideways around $1.20 in the past week.
Before this, a lot went well, which drove the token up 70% since mid-June from $0.87 to $1.50.
After the 'Bedrock' upgrade, on-chain data revealed a massive reduction in gas fees
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