Can VeChain Return on A Bullish Trajectory? Price Projections for VET, FLOW, and SPCT | Coinspeaker

Can VeChain Return on A Bullish Trajectory? Price Projections for VET, FLOW, and SPCT

July 13th, 2023 at 5:34 am UTC · 3 min read

Can VeChain Return on A Bullish Trajectory? Price Projections for VET, FLOW, and SPCT

The resurgence in Bitcoin (BTC) has put altcoins like VeChain (VET) and Flow (FLOW) back in the spotlight. Despite experiencing corrections, analysts have bullish price forecasts for both projects. Yet, VC Spectra’s (SPCT) predictions are far more ambitious, as evident by the rate at which its presale is selling out.

Let’s cover the near-term price estimates for VeChain (VET), Flow (FLOW), and VC Spectra (SPCT).

VeChain (VET) Increases Treasury Holdings By Almost 30%

VeChain’s (VET) latest financial report suggests treasury holdings grew almost 30% from $275.5 million in December 2022 to $380.4 million in March 2023.

Yet, this is a sharp decrease for VeChain (VET) compared to the $1.2 billion reported for May 2022. Still, developers actively search for strategic partnerships, teasing some noteworthy enhancements to their blockchain.

Price-wise, VeChain (VET) increased by 32% since June 22, 2023, from $0.016 to $0.021 after being listed on Coinbase. Yet, it is now down 12% to $0.018.

Most prediction analysts believe the maximum VeChain (VET) could reach by 2024 is $0.032, double its current price.

Let’s look at Flow’s (FLOW) recent developments and near-term value estimates.

Flow (FLOW) Retraces By 25% After Boost in Trading Volume

After receiving $3 million in seed funding from Nima Capital in April 2023, media coverage for Flow (FLOW) has been quiet. This was until June 2023 when the SEC (Securities and Exchange Commission) sued Binance and Coinbase.

The US regulator also deemed many altcoins as ‘unregistered securities,’ with Flow (FLOW) as one of the name-checked projects. Fortunately, Flow (FLOW) didn’t get delisted like the others.

Flow (FLOW) experienced a boost in price from mid-June after Bitcoin ETF filings appeared, doubling from $0.40 to $0.80. The rally peak saw a staggering $300 million in trading volume within 24 hours, according to CoinGecko. Yet, Flow (FLOW) has fallen 25% to $0.60.

Still, the average maximum 2024 predictions for Flow (FLOW) lean towards $2.50. This potential gain of around 4x is better than VeChain (VET) but certainly not VC Spectra (SPCT).

VC Spectra (SPCT) On Track For A Potential 900% Gain Once Officially Launched

VC Spectra (SPCT) is the latest decentralized hedge fund for sustainability-focused, emerging blockchain and technology companies. It’s a financially accessible investment service where anyone can invest.

Users will leverage VC Spectra’s (SPCT) team of diverse experts to evaluate the best projects through meticulous selection.

Traditional asset management companies have many third parties who handle investor funds, distribute the profits, etc. Yet, VC Spectra (SPCT) uses smart contracts to automate these functions, eliminating human intervention.

SPCT is the center of VC Spectra’s (SPCT) ecosystem as its native utility token. Aside from being the earning currency, it offers other enticing stuff. These include quarterly dividends through buy-backs, voting rights and discounted access to pre-ICOs.

VC Spectra’s (SPCT) short and long-term forecasts show phenomenal growth. The token will increase by 37.5% from $0.008 to $0.011 once Stage 2 of the platform’s presale begins shortly.

The best part is the long-term prediction, where analysts believe SPCT could be worth ten times more (from $0.008 to $0.008) when VC Spectra (SPCT) goes live. This would likely happen sometime in 2023 at the rate investors are buying the tokens.

Overall, a potential 10x increase is better than VeChain’s (VET) 2x and Flow’s (FLOW) 4x gains.

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

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