EOS & Curve DAO’s (CRV) Fall & VC Spectra’s (SPCT) Stage 2 Hype: The Perfect Investment Storm!
August 20th, 2023 at 2:01 pm UTC · 3 min read
The cryptocurrency market has seen a proliferation of new coins. Some make little impact during their introduction. But that’s unlike VC Spectra (SPCT). Its presale stage has generated so much hype that it has caused established coins such as EOS (EOS) and CurveDAO (CRV) to trail it in popularity and investor attention.
VC Spectra (SPCT) is an innovative investment platform seeking to transform the investment landscape for the better. Let’s explore why pomp and funfair follow VC Spectra’s (SPCT) entry into the crypto market.
EOS (EOS) Fails To Impress Investors Despite Massive Ecosystem Development
The EOS Foundation July report showed that EOS massively improved its ecosystem. The EOS integration with OpenBISea adds a multi-chain NFT marketplace and a play-to-earn game. Also, Mathwallet announced support for EOS. Furthermore, EOS announced a $50,000 incentive for dApps developers to work on their platform.
Despite the massive developments, the EOS price action has been on a decline. Over the last week, the price has fallen 8.8% as it moved from $0.7258 to $0.6618 between August 9 and 16. Experts believe the poor price action is attributable to Block.one failing to invest a promised $1 billion.
With bears dominating the market, EOS price is likely to fall further. Technical indicators show a continued decline and a probable consolidation before an upswing begins. As a result, EOS may drop below $0.66 by August 20 and may continue to fall.
Curve DAO (CRV) Still Reeling From Effects Of Security Breach
Curve DAO (CRV) is still smattering from the security breach that saw it lose over 61,000 ETH to a hacker. While the hacker returned 90% of the loot, Curve DAO (CRV) has promised compensation to affected wallets. Furthermore, Binance Labs made a strategic investment worth $5 million into Curve DAO (CRV). Consequently, Curve DAO (CRV) will deploy on the BNB Chain.
From August 9 to 16, Curve DAO (CRV) fell 7% as its price moved from $0.600 to $0.558. Choppy markets on a decline were one of the reason that caused the fall in Curve DAO (CRV).
Market analysts rate Curve DAO (CRV) as bearish. Technical indicators show the price is going for the $0.533 support level with a likelihood of an upturn. However, if bulls dominate the sellers, Curve DAO (CRV) may rise to $0.65.
VC Spectra (SPCT) Colorful Presale Stage Attracts A Buying Spree
VC Spectra (SPCT) is a decentralized hedge fund employing AI to produce sustainable profits for its shareholders. Besides AI, VC Spectra (SPCT) has a team of experts with specialized finance knowledge and skills to pick the best early-stage tech startups, ICOs, and blockchain targets ideal for investment. VC Spectra (SPCT) provides quarterly dividends and buybacks from their profits.
SPCT, the native VC Spectra (SPCT) token, is a BRC-20 standard deflationary coin with a burn mechanism. Shareholders use SPCT for exchange, trading, voting, and paying transaction fees on the Spectra platform.
VC Spectra (SPCT) is in its second public presale stage, selling at $0.025, a 212.5% profit from the initial presale stage. What makes VC Spectra (SPCT) the ideal investment is the projected 220% ROI when its price reaches $0.08 at the end of the public presale. Moreover, when VC Spectra (SPCT) gets on major crypto exchanges, investors may earn higher profits.
Find out more about the VC Spectra presale here: Website, Telegram, Twitter.
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