September 5th, 2023 at 10:10 am UTC · 3 min read
Pepe (PEPE) and The Sandbox (SAND) are intriguing projects, where one deals with memes, while the other deals with virtual world-building. Still, analysts question the long-term viability of these markets. VC Spectra (SPCT) is the exception, offering a service in the highly-developed, multi-billion-dollar blockchain and technology industries.
Your search for the top crypto to buy ends with VC Spectra (SPCT). Learn why later as we take a look at the latest developments for PEPE and The Sandbox (SAND).
The frog-themed PEPE recently experienced a ‘partial rug pull,’ where three alleged ‘ex-team members’ sold 16 trillion tokens, valued at roughly $16 million.
While the official PEPE account on X asserted no ill intentions, PEPE shows a bearish outlook on the charts. The meme coin is trading at $0.0000008, 45% lower than its August high of $0.0000014.
On the bright side, some investors have no let-up in owning PEPE. A report from Lookonchain on August 29, 2023, indicates two whales spending roughly $1.7 million to acquire PEPE. Still, as a meme token with no utility, PEPE’s future remains tentative despite predictions hinting at its potential to eclipse the recent high by 2024.
Now, let’s look at what’s happening with The Sandbox (SAND).
2023 has witnessed blockchain projects unlocking millions of tokens to boost liquidity. The Sandbox recently joined the party, unfreezing 332 million SAND tokens (worth $133 million), about 16% of the circulating supply. These unlocks are often bearish signals, particularly if the demand for the said tokens is low.
The Sandbox’s (SAND) price behaved as expected afterward, with a noticeable decline. This was further worsened by the bear market in crypto, driving The Sandbox (SAND) to $0.29, 26% lower than its value pre-token unlock ($0.39).
It’s been a difficult past few years for metaverse projects like The Sandbox (SAND) with the waning interest in virtual worlds. Yet, data from DappRadar shows a decent increase in transactions and trading volume over the past 30 days. Thus, forecasts for The Sandbox (SAND) hint at the token realistically crossing no less than $0.50 before the year ends.
And that leaves us with VC Spectra (SPCT), offering much better potential than Pepe (PEPE) and The Sandbox (SAND).
With the uncertainty of meme coin and metaverse projects, VC Spectra (SPCT) offers confidence in the longevity of its targeted industries: blockchain and technology. It’s a new decentralized asset management platform for start-ups operating in these lucrative markets. VC Spectra (SPCT) will also focus on trading to manage the risks of its investments, applying advanced machine learning-based strategies.
Like other top DeFi projects, VC Spectra (SPCT) uses smart contracts from the Ethereum blockchain, bringing about a trustless investing experience. Instead of relying on inefficient, costly intermediaries, operations like storing funds and paying profits happen automatically.
The platform’s activities center around the Spectra token (SPCT), which also offers holders advantages like dividends (available even now), exclusive discounts on pre-ICOs, and voting rights for governance power.
VC Spectra (SPCT) is nearly 25% in progress for Stage 3 of its presale. You can buy SPCT for $0.025 (on most Ethereum and Bitcoin wallets), rising 32% to $0.033 in Stage 4. After the presale, a massive 220% boost awaits current buyers, which is how much SPCT will have grown, equaling a new price of $0.08.
If you’re still asking about the best coin to invest in, VC Spectra’s (SPCT) is your answer.
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