The recent ruling in the SEC vs XRP case in July 2023 has given a new lease of life to crypto. On top of that, Elon Musk’s plan to rebrand Twitter to “X” also includes plans to integrate crypto. These events propelled existing crypto tokens such as Cardano (ADA) and Algorand (ALGO) momentarily. But these gains are nothing when compared to the predicted VC Spectra (SPCT) 627% returns.
Let’s understand why that is the case.
The total value locked on Cardano (ADA) increased by 10% in Q2 of 2023 to $151.7 million. The value of the Cardano (ADA) stablecoin also increased by 34.9% quarter on quarter. On top of that, the average dApp interactions on Cardano (ADA) surged by 49% in Q2.
While these metrics are good for the ecosystem growth of Cardano (ADA), its price has remained unaffected.
The only recent surge witnessed by Cardano (ADA) was after the SEC vs. XRP ruling on July 13, 2023. The price went from $0.287 to $0.357 between July 13 and 14, rising by 24.3%.
Since July 14, 2023, Cardano (ADA) has fallen by 18.7% to $0.290 by August 14, 2023. A major reason behind this dip is the lack of investor interest as Cardano (ADA) enters the accumulation phase.
This lack of investor interest in Cardano (ADA) is exacerbated by the gains anticipated by experts for VC Spectra.
SEC classified Algorand (ALGO) as an unregistered security in its lawsuit against Binance in June 2023. This caused Algorand (ALGO) to fall to its all-time low of $0.095 on June 10, 2023. Algorand (ALGO) also closed its DeFi infrastructure AlgoFi on July 11, 2023.
On a more positive note, Algorand announced a partnership with The Clinton Foundation on August 12, 2023. Algorand (ALGO) and the Clinton Foundation will work together to combat climate change.
World Economic Forum’s Global Future Council On Cryptocurrencies included Algorand (ALGO) in its list of crypto to watch out for.
However, the price of Algorand (ALGO) only surged by 19.4% after SEC vs. XRP ruling. It went from $0.103 on July 13, 2023, to $0.123 on July 16, 2023. Algorand (ALGO) is trading at $0.116 on August 14, 2023. It is a decrease of only 5.6%, meaning Algorand’s (ALGO) price has stabilized.
Even as Algorand (ALGO) builds its ecosystem with new partnerships, it’s nowhere as bullish as experts are on VC Spectra (SPCT).
The innovative decentralized hedge fund VC Spectra (SPCT) provides its users access to the latest ICOs and blockchain startups. The platform deploys artificial intelligence and teams of experts to pick out the best projects to invest in. Through this, VC Spectra (SPCT) generates sustainable gains for its users.
VC Spectra (SPCT) has entered Stage 2 of its token’s public presale at a price of $0.011. SPCT is a BRC-20 standard built on the Bitcoin network. The token is deflationary in nature, with a burn mechanism to reduce the supply of VC Spectra tokens.
Stage 2 presale investors will make 127.27% gains when VC Spectra (SPCT) reaches Stage 3 presale at $0.025. But that’s not all. When the public presale ends, experts predict VC Spectra (SPCT) price to reach $0.08. This would be an ROI of 627% for Stage 2 investors even before it is listed on major exchanges.
These returns are unheard of in crypto, and analysts predict VC Spectra (SPCT) to be the best investment for 2023.
Learn more about the VC Spectra (SPCT) here: Website, Presale, Twitter, Telegram.
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