In recent days, Compound (COMP) and Monero (XMR) demonstrated a bearish trend, with both witnessing a considerable drop in value. Meanwhile, VC Spectra (SPCT) has emerged as a profitable investment. As investors search for crypto’s hidden gem, let’s look at the best altcoins to invest in. Which one comes out on top: XMR, COMP, or SPCT?
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Bitmain’s Antminer X5 Ushers in Improved Monero (XMR) Mining
Bitmain, a prominent crypto-mining equipment manufacturer, generated considerable buzz in the Monero (XMR) community when it unveiled the Antminer X5, a rig tailored for Monero (XMR) mining, on August 28. This announcement led to a brief surge in the Monero XMR price.
Between August 28 and August 29, the XMR price experienced a 1.09% price upswing, surging from $145.25 to $146.84. However, by September 23, the XMR price dropped to a low of $141.80. Citing the bearish market conditions, analysts are predicting a further slide for Monero toward the $130.5
We współpracy z: https://www.thecoinrepublic.com/2023/10/01/three-cryptocurrencies-yielding-passive-income-monero-compound-vc-spectra/
