The biggest crypto assets, Binance Coin (BNB) and Ethereum (ETH) have been less profitable in recent years. On top of that, the Department of Justice of the USA has opened investigations against Binance. Ethereum has also stagnated, even with the PayPal stablecoin launching on the network. This compelled investors to look for alternatives such as VC Spectra (SPCT) to invest in.
Learn how VC Spectra (SPCT) has overtaken Binance Coin (BNB) and Ethereum (ETH) as profitable investments.
Binance Coin (BNB) Struggles Amidst Binance’s Legal Troubles
Binance has recently been in trouble in the USA with the Department of Justice (DoJ) opening investigations against it in June 2023. In the same month, the SEC sued Binance for selling unregulated securities. These legal troubles have cast a wide shadow on one of the largest cryptocurrencies, Binance Coin (BNB).
As a result, the Binance Coin (BNB) price has been suffering. It fell from $307.49 on June 4, 2023, to $223.88 on June 12, 2023. This was a 27.1% drop in the price of BNB (BNB).
Although, the price of Binance Coin (BNB) recovered around July 13, 2023, after the SEC vs. XRP ruling. Binance Coin (BNB) rose from $243.33 to $259.06 on July 14, 2023. Yet, this recovery was short-lived due to new regulatory uncertainties and Binance Coin (BNB) has been trading mostly sideways. Binance Coin’s (BNB) price is $240.74 on August 14, 2023.
While Binance Coin (BNB) has historically been one of the best-performing assets, crypto analysts doubt its potential further. Hence, VC Spectra has emerged as the investor’s favorite.
Ethereum’s (ETH) Price Stagnates Despite PayPal and Worldcoin Integrations
Ethereum’s (ETH) ecosystem and the projects building on it have been growing exponentially. This was further proven when Worldcoin (WLD) was launched on the Ethereum (ETH) network on July 24, 2023. PayPal launched its US Dollar pegged stablecoin PYUSD on the Ethereum (ETH) network as well on August 7, 2023.
Despite these innovations, the Ethereum (ETH) price has failed to breach $2,000 since July 14, 2023. Ethereum (ETH) had pumped to $2,011.80 on July 14, 2023, from $1,865.99 on July 13, 2023, after the SEC vs. XRP ruling. However, the euphoria after the SEC ruling has quickly settled, and Ethereum (ETH) is trading at $1,852.75 on August 14, 2023. This is a drop of 7.9% in Ethereum (ETH) prices since the July 14, 2023 highs.
As a result, crypto analysts have predicted VC Spectra (SPCT) to be a better investment than Ethereum for the next bull run.
VC Spectra (SPCT) Makes Waves in a Sideways Crypto Market
The innovative decentralized hedge fund with real-life utility, VC Spectra (SPCT), promises stable, sustainable returns to its users.
VC Spectra (SPCT) has its own token adhering to the BRC-20 standard built on the Bitcoin network. The VC Spectra (SPCT) token is deflationary, with its supply reducing over time. It can be used for voting rights, asset management, trading, and payment of transaction fees on the Spectra platform.
VC Spectra (SPCT) is in Stage 2 of its public presale with a price of $0.011. This is a guaranteed return of 37.5% for its Stage 1 investors. Moreover, Stage 2 investors are predicted to make 127.27% gains when VC Spectra (SPCT) price reaches $0.025 in Stage 3.
The most lucrative aspect making VC Spectra (SPCT) the best investment is its price reaching $0.08 when presale ends. This would result in an ROI of 627% for the Stage 2 investors.
Learn more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.