Sometimes even the biggest crypto tokens tumble – just take a look at Solana (SOL) and ApeCoin (APE). Both of these tokens were once at the top of innovation lists, yet right now Solana (SOL) and ApeCoin (APE) are both clearing the way for Spectra (SPCT).
Spectra (SPCT) represents a new era of crypto venture capital funding, leaving the previously innovative concepts behind Solana (SOL) and ApeCoin (APE) feeling stale. This is common in today’s market, so this article is going to explain why previously reputable tokens are getting ready for retirement in the face of new innovators like Spectra (SPCT).
Solana (SOL)
Solana (SOL) is a uniquely designed cryptocurrency offering, basing transaction validations on the in-house Solana (SOL) PoH (Proof of History) protocol. PoH protocols like Solana (SOL) benefit from similar efficiency and scalability as PoS networks, except they don’t even need to rely on large financial stakes.
Unfortunately for Solana (SOL), PoH protocols are not as perfect as they initially seemed. The biggest problem Solana (SOL) faces is interoperability – not many crypto tokens use PoH, so connecting is not going to be easy. Instead, PoS tokens are becoming dominant on the market, are most offer the same benefits as Solana (SOL).
ApeCoin (APE)
ApeCoin (APE) is a cryptocurrency token designed with the specific application of Web3. Web3 encompasses the metaverse, NFTS, virtual events, and other cutting-edge web experiences, and ApeCoin (APE) has designed a utility coin that integrates with these experiences seamlessly. ApeCoin (APE) has been smart to stay away from the challenges of Web3 development itself, simply providing a utility token for Web3 developers to leverage.
Unfortunately, there are few words more problematic than “Web3” and “metaverse” in 2023 – ApeCoin (APE) is beginning to lose value due to its association with these words, which analysts believe are based on hype and false promises. This is unfair to ApeCoin (APE) which was simply trying to provide an easy integration token for Web3 experiences. However, the reality is that ApeCoin (APE) will likely have a tough year until it finds a new place in the market.
Spectra (SPCT)
Spectra (SPCT) is a presale token that will soon be integrated into the upcoming Spectra (SPCT) decentralized venture capital platform. Within Spectra (SPCT), investors will be able to stake crypto on pre-ICO tokens, decentralized start-ups, and crypto hedge funds. Spectra (SPCT) investors will also benefit from traditional investment incentives, such as dividends awarded quarterly, buyback opportunities, and holding bonuses.
Unlike Solana (SOL) and ApeCoin (APE), Spectra (SPCT) have recognized that investors are looking to invest in crypto projects with real practical applications, not just payment tokens. Spectra (SPCT) has also recognized that its upcoming platform will bring a new inexperienced audience to the venture capital industry, so it has even ensured that every project is managed by in-house experts.
Conclusion
Overall, the role of cryptocurrencies for payments has been established for years, and investors are now becoming more focused on innovative and practical crypto projects. This has opened up the market for tokens like Spectra (SPCT) to start growing, holding back the potential for more basic tokens like Solana (SOL) and ApeCoin (APE).
The first wave of presale is almost always the token’s lowest price point, so now is the perfect time to do your research on Spectra (SPCT) and get a stake. If you’re holding Solana (SOL) and ApeCoin (APE) still, don’t panic as they are far from dead. However, both tokens represent innovations from the last decade, unlike the futureproof approach of Spectra (SPCT).
To learn more about Spectra (SPCT), click on the links below:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund