Binance Coin (BNB) & EOS (EOS) Drop Off a Cliff: Is VC Spectra (SPCT) the Safe Bet Amidst Crypto Turmoil?

August 29th, 2023 at 5:43 am UTC · 3 min read

Binance Coin (BNB) & EOS (EOS) Drop Off a Cliff: Is VC Spectra (SPCT) the Safe Bet Amidst Crypto Turmoil?

Binance Coin (BNB) fell after the exchange suspended EUR withdrawals and payments for a particular channel. As a result, Binance Coin (BNB) fell in August 2023. On the other hand, EOS fell due to the prevailing market. Investors believe the only safe crypto to invest in is VC Spectra (SPCT). The platform raised $2.4 million in private seed sale and is in its second presale stage. Let’s delve into the unique utilities of VC Spectra (SPCT).

Binance Coin (BNB) Suspends EUR Transactions on SEPA

Binance Coin (BNB), the native token of the Binance exchange, fell after the exchange experienced customer support challenges. On August 20, 2023, Binance announced that it had temporarily suspended EUR withdrawals and deposits via SEPA. In addition, Binance said there’s no specific time frame for the restoration of SEPA transfers and recommended alternative methods for European users trading crypto through the channel.

Binance Coin (BNB) fell in the third week of August due to this news and the general crypto market crash. On August 15, Binance Coin (BNB) traded at $236. In seven days, Binance Coin (BNB) lost 11.70%, and Binance Coin (BNB) is currently trading for $208 on August 22, 2023. According to analysts, Binance Coin (BNB) has strong fundamentals and will surge when the bull cycle returns.

EOS Foundation: Legal Tussles and Market Challenges

On August 8, 2023, the EOS network foundation took to X (formerly Twitter) to urge plaintiffs to reject’s $22 million settlement after initiating a fresh class lawsuit. The EOS Foundation said the current settlement does not adequately compensate for the losses community members suffered due to’s misrepresentations. The Foundation also said raised $1 billion and failed to invest in the EOS network as planned.

The deadline to opt out of the present class action lawsuit and its settlement is August 29, and investors are still watching to see if the plaintiffs will take EOS Foundation’s advice. In the third week of August, EOS lost 15.56%. EOS fell from $0.7091 on August 15 to $0.5656 on August 22. According to analysts, EOS price action reflects the current bearish sentiment in the crypto market and will remain bearish until the market turns positive.

VC Spectra (SPCT) Promises to Deliver Massive ROI to Early Investors

VC Spectra (SPCT) is an innovative decentralized hedge fund created to promote development in the blockchain industry through strategic investments in new Web3 projects. As a decentralized hedge fund, VC Spectra (SPCT) holders get access to high-potential blockchain companies, exclusive pre-ICOs, and private seed sales.

VC Spectra (SPCT) holders enjoy quarterly rewards and share in profits from buybacks of successful companies. VC Spectra (SPCT) is in its third presale stage, and the token is selling for $0.025.

When all presale stages conclude, VC Spectra (SPCT) will surge 220% and sell for $0.08 on major crypto exchanges. This price action will deliver massive returns to early VC Spectra (SPCT) investors. Moreover, Stage 3 investors are in for a 25% deposit bonus!

Learn more about the VC Spectra (SPCT) presale here: Website, Telegram, Twitter.

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