August 31st, 2023 at 7:39 am UTC · 3 min read
Shiba Inu (SHIB) has relaunched the Shibarium, while Cardano (ADA) has launched a new Hydra version. Elsewhere, VC Spectra (SPCT) is now in Stage 3 of its public presale. Let’s delve into the details to see how these new developments affect the price of the respective tokens and why ChatGPT advised investors to transition to VC Spectra (SPCT) in 2023.
On August 22, 2023, Shiba Inu’s (SHIB) co-founder, Shytoshi Kusama, announced that Shibarium is almost ready to reopen to the public.
Shiba Inu (SHIB) developers were seeking to restore the Shibarium network, monitoring validator data and transactions. This came after Shiba Inu’s (SHIB) much-publicized network debut was hampered by network difficulties and a broken bridge. Kusama also added that measures are being put in place to prevent another crash.
A week later, on August 28, the news went live – Shibarium is back up! Within 24 hours of the news, Shiba Inu (SHIB) gained 2.40%. More precisely, Shiba Inu (SHIB) reached $0.000008233.
CoinCodex analysts expect Shiba Inu (SHIB) to reach $0.00000850 as the effect of the news further kicks in. In addition, if the Shibarium launch is successful, we could see Shiba Inu (SHIB) gaining over 35% before the end of 2023.
On August 18, Cardano’s (ADA) developer Sebastian Nagel posted on X about the latest upgrade for Cardano Hydra, the protocol’s top layer-2 scaling solution. Based on Nagel’s post, the much-awaited upgrade works flawlessly with both the recently released Mithril protocol created by Input Output Global (IOG) and the Cardano Node v8.1.2 client.
After the news was released, Cardano (ADA) went on a pump. The ADA price hit $0.270 on August 20 from $0.255 on August 17, a 5.9% increase. Based on this movement, analysts expect Cardano (ADA) to surge further in September.
However, Cardano’s (ADA) long-term prospects are a mixed bag, especially after its drop to $0.267 on August 28. Experts say Cardano (ADA) could either fall to $0.247 or surge to $0.701, depending on the reception of this upgrade along with subsequent Hydra upgrades and the general sentiment of the market. This volatility explains why ChatGPT suggests transitioning from ADA to SPCT – for more stability and better profits.
VC Spectra (SPCT) is a decentralized hedge fund leveraging technology to provide the best Web3 investment experience. Prioritizing precision in choosing the right projects, VC Spectra (SPCT) ensures that you only invest in promising and profitable projects.
The platform utilizes algorithmic and systematic trading strategies to ensure profitable trade execution. Interestingly, everyone is welcome to participate in this project. You don’t need to have prior investment experience.
Moreover, VC Spectra (SPCT) prioritizes sustainable investment practices to reduce risk. Transparency and accountability are also important.
Purchasing SPCT, VC Spectra’s token, gives you access to exclusive pre-ICOs, quarterly dividends, buybacks, and voting rights. Moreover, SPCT holders are significantly benefiting from its price appreciation.
For instance, Stage 1 VC Spectra (SPCT) investors who bought at $0.008 and Stage 2 investors who joined at $0.011 have benefited from 212.5% and 127.27% ROI, respectively.
Likewise, you can purchase SPCT during Stage 3 of the ongoing public presale at $0.025. At the end of the presale, you will benefit from a 220% surge when the price increases to $0.08.
This is why ChatGPT advises that you transition to VC Spectra while there’s still time left – hurry and take advantage of the ongoing 25% deposit bonus!
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