Avalanche (AVAX) and Maker (MKR) are performing in direct opposites to each other. However, many investors agree that they both have strong potential. Surprisingly, another token that’s getting honorable mentions is VC Spectra (SPCT) – a presale token that aims to unearth unseen opportunities in the crypto investment space. So, what is it about VC Spectra (SPCT) that keeps getting attention from investors? Let’s find out.
VC Spectra (SPCT) Scares Competitors with Expected 627% Increase.
VC Spectra (SPCT) is rapidly making its name in a vast crypto market, especially after its recent 37.5% jump. However, its real-world utility is what’s on the lips of many investors.
VC Spectra (SPCT) aims to simplify crypto investing in a way that’s never been done. Its approach comprises several hedge funds and a decentralized asset exchange. Investors can earn profits from startups, established projects with high returns and yield farming protocols. They can also invest in other blockchain-based hedge funds via VC Spectra’s (SPCT) marketplace.
VC Spectra (SPCT) bestows many benefits to its token holders. These benefits include a higher chance of success when investing via VC Spectra’s (SPCT) marketplace. Token holders also enjoy regular dividends and buybacks. Finally, long-term holding of the SPCT token makes users eligible for extra tokens.
VC Spectra’s (SPCT) growth has been rapid since its recent launch. After raising $2.4 million in a private sale event, it moved on to a public presale. VC Spectra (SPCT) rose by 37.5% from $0.08 to $0.011 as it moved to stage 2 of its public presale. By stage 4 of its presale, VC Spectra (SPCT) is expected to rise by 627% to $0.08.
Avalanche (AVAX) Falls Sharply in August Despite its Rising Network Activity.
Avalanche (AVAX) has dropped significantly in the first few days of August. It was trading at $14.23 on July 20. Avalanche (AVAX) started a gradual 6.6% decline to $13.29 on July 30. It fell further by 6.6% to $12.48 on August 4. Avalanche (AVAX) then jumped by 1.6% to $12.69 on August 7, but fell sharply. As of August 10, Avalanche (AVAX) is trading at $12.51.
Avalanche’s (AVAX) late-July drop was shocking because its network activity had increased in the last economic quarter. Investors expected its rising network activity to contribute to a strong rally. Unfortunately, Avalanche (AVAX) dropped sharply.
Bulls say Avalanche (AVAX) will rise by 23% to $15.39 due to its rising network activity. However, bearish analysts say Avalanche (AVAX) could fall by 11.8% to $11.03 due to the bullishness of its competitors.
Maker’s (MKR) Stablecoin Deposits Surge Dramatically
Maker (MKR) has been on a recent bullish rally, which coincided with its rising network activity. It was trading at $898 on July 19. Maker (MKR) then jumped by 28.9% to $1,158 on July 21. It jumped by 6.9% to $1,238 on July 27 but quickly fell by 5.4% to $1,171 the next day. On August 2, Maker (MKR) jumped by 13.3% to $1,327. It remained in that range before dropping by 10.3% to $1,189 on August 7. As of August 10, Maker (MKR) is trading at $1,235.
Maker’s (MKR) late July rally coincided with the rise in stablecoin Deposits on its platform. After Maker (MKR) announced an upgrade that hiked DAI interest rates to 8%, the total amount of DAI deposited jumped by 75.7% from 339.4 million to 556 million.
Some investors expect Maker (MKR) to rise by 14.9% to $1,420 due to its rising activity. However, bearish analysts say Maker (MKR) will drop by 10.2% to $1,109 due to competition from other stablecoins like USDT.
Learn more about the VC Spectra’s (SPCT) presale:
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.
