Can Dogecoin Reach $1? DOGE vs. VC Spectra (SPCT) vs. Pepe (PEPE)
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The bearish sentiment on the crypto market has hampered Dogecoin’s match to $1. Meanwhile, Pepe (PEPE) is striving to surpass Dogecoin (DOGE) and become the top meme coin. On the other hand, VC Spectra (SPCT) is banking on its superior offer to become the best cryptocurrency to invest in, considering the uptake in the presale stage.
Let’s compare Dogecoin (DOGE), VC Spectra (SPCT), and Pepe (PEPE) – which will reach the $1 mark first?
Dogecoin (DOGE) Rises As X Gets Payments License
On August 28, the dream for X, formerly Twitter, to become the Everything app began to take shape. It announced that it acquired a currency transmitter license. As a result, X is allowed to carry out diverse payment services, including crypto transfer (and DOGE).
Speculation that Dogecoin (DOGE) is among the cryptos powering payments on X has caused an investor surge. As more people buy Dogecoin (DOGE), its price trends towards $1. On August 28, Dogecoin (DOGE) stood at $0.0631. It gained 4.4% in three days to end August at $0.0659.
Despite the positive spike, market analysts offer a bearish sentiment for Dogecoin (DOGE). Technical analysis predicts Dogecoin (DOGE) may rise to $0.066 before it drops to $0.063 in the first week of September.
VC Spectra (SPCT): Price Surges As Presale Stage Advances
VC Spectra (SPCT) is a decentralized hedge fund using blockchain technology to attract expert and novice investors. Moreover, it promises investors access to ICOs and seed-stage investment opportunities in budding tech and blockchain-based ventures.
Further, VC Spectra (SPCT) leverages AI to identify viable investment targets. Additionally, VC Spectra (SPCT) has a team of investment experts advising it and managing its assets to ensure sustainability and profitability. Moreover, VC Spectra (SPCT) promises investors financial empowerment with passive earned through quarterly dividends and buybacks.
VC Spectra (SPCT) is in its third presale stage, with tokens available for purchase at $0.025, representing a 212.5% gain from the starting $0.008 and 127.27% for investors who bought in the second stage. It has experienced massive investor interest in the previous presale stages.
As the presale stage progresses, VC Spectra (SPCT) investors anticipate a 32% gain in the fourth stage. Further, VC Spectra (SPCT) will cost $0.08 when listing on crypto exchanges. If you buy VC Spectra (SPCT) now, you may earn a 220% ROI when it lists.
Will Pepe (PEPE) Recover From Rug Pull Allegations?
On August 24, there were allegations that rogue Pepe (PEPE) developers put up for sale $16 million worth of Pepe (PEPE). Before this, they changed access requirements for Pepe (PEPE) multisig wallets, locking out investors from their assets.
Consequently, the price of Pepe (PEPE) tumbled. From August 24 to 31, Pepe (PEPE) lost 23.8%, from $0.000001104 to $0.000000841.
With the loss, technical analysis indicates a bearish sentiment for Pepe (PEPE). As more investors pull out their investments, the price of Pepe (PEPE) may fall to $0.0000007 and beyond as September starts.
However, the remaining founder announced on X that they will continue to push the program forward with increased decentralization.
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