Cryptocurrency valuations frequently derail, as is the norm. As a result, investors have learned to begin looking into other investment strategies at the first sign of negative. Lately, Tron (TRX) and Cardano (ADA) have been observing a downward price trajectory. As a result, they’ve failed to impress investors like VC Spectra (SPCT) is currently doing.
The popularity of VC Spectra (SPCT) has increased since its presale debut. Currently in Stage 2 of its presale, it has established itself as a more promising and dependable investment platform than other popular coins like Tron (TRX) and Cardano (ADA).
Tron (TRX) Loses Momentum
The price of Tron (TRX) has dropped from its recent weekly high of $0.085 to $0.078, a decrease of 8.974%. Due to its recent partnership with previously exploited Curve Finance, market analysts expect that Tron (TRX) could continue its downward path.
To further empower the community, the founder of Tron (TRX) recently announced a cooperation with Curve Finance to offer the stUSDT pool on the Curve network. However, as a result of this relationship, users and investors have begun to focus on a safer and more secure investment platform.
More selling pressure on the price of the Tron (TRX) token was observed, with the trading volume of Tron (TRX) falling from $274.2M to $212.2M over the previous 24 hours, representing a 29.2% decrease in trading volume.
Cardano (ADA) Fails to Surge
Ripple’s victory in its case against the United States Securities and Exchange Commission (SEC) resulted in a general price rally that sent Cardano’s (ADA) price shooting to the roof.
On July 14, 2023, the price of Cardano (ADA) increased to $0.366 as a result of the announcement of Ripple’s triumph. However, this bullish momentum was short-lived as Cardano (ADA) soon dropped afterward.
Cardano (ADA) is currently down 19.218% from the price surge on July 14th, trading at $0.307 at the time of writing. This represents a loss of 2.34% over the previous 24 hours but a slight rise of 0.65% over the previous week, adding up to a gain of 5.64% on its monthly chart.
Cardano’s (ADA) future doesn’t look promising, as forecasts show a further decline. Based on its performance since the beginning of the year, experts predict that Cardano (ADA) will further drop to $0.27 by August 7, 2023.
Investors Fix Gaze on Fast Rising VC Spectra (SPCT)
Tron (TRX) and Cardano (ADA) are losing pace, while VC Spectra (SPCT) continues to entice investors with its cutting-edge business model.
VC Spectra (SPCT) is a decentralized hedge investment platform that makes strategic investments in sustainable blockchains and tech-based start-ups. It uses systematic and algorithmic trading strategies to boost profits and reduce risks. VC Spectra (SPCT) uses the money from its investors’ shares to pay out dividends and buybacks every quarter.
The platform uses a BRC-20 standard token known as SPCT. The token is used for asset management, decentralized trading, exchange, and transaction fees. Built on the Bitcoin network, the deflationary SPCT token contains a burn mechanism designed to restrict token circulation.
The blockchain sector is starting to acknowledge VC Spectra (SPCT) as a safe and lucrative investment opportunity for investors. VC Spectra (SPCT) is currently in Stage 2 of its public presale, selling at $0.011, a 37.5% increase from the Stage 1 price of $0.008.
As it advances through its presale phases, it is expected that VC Spectra (SPCT) will reach a price of $0.08 per token at the end of the presale, representing an increase of 627% over its current price. Analysts forecast that the project will be among the best-performing tokens in 2023 as a result.
To learn more about VC Spectra (SPCT) and its presale, visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
