2023-8-30 11:48 |
While the cryptocurrency market experiences mixed movements, VC Spectra (SPCT) stands out as a symbol of consistency and strength with its ongoing bull run. In contrast, Bitcoin (BTC) has encountered drops in its value as China Evergrande filed for bankruptcy. Meanwhile, Solana (SOL) is looking good in the yearly charts despite recent drops.
As Solana (SOL) and Bitcoin (BTC) grapple with their respective challenges, VC Spectra’s (SPCT) enduring performance highlights its ability to maintain momentum despite the broader market conditions.
VC Spectra (SPCT): Unexpected Surprise In Presale Stage 3VC Spectra (SPCT) is making waves as an innovative blockchain asset management solution to redefine traditional assets and norms. A dedicated team of venture capitalists and risk managers ensures that every VC Spectra (SPCT) aligns with projects that offer the most booming returns.
Furthermore, VC Spectra (SPCT) takes holder engagement to a new level by involving them in every aspect of the blockchain’s operations through its decentralized asset management system.
In the competitive market, VC Spectra (SPCT) has raised an impressive $2.4 million in its private presale.
The public presale showcased exceptional performance, delivering an impressive 212.5% ROI for Stage 1 participants. This was evidenced by VC Spectra (SPCT) price surging from $0.008 to $0.025 during Stage 2, ahead of the announced Stage 3.
The excitement builds as anticipation grows for a potential 220% increase in value. This surge is expected as the token price targets $0.08 upon its launch on famous crypto exchanges, marking a significant milestone for VC Spectra (SPCT).
Solana (SOL): New Network Developments Are Not Helping In Driving The PriceBeyond price appreciation, Solana’s (SOL) DeFi ecosystem has flourished. The community has rallied around Solana-first protocols, with Jito taking the lead as Solana’s (SOL) pioneering MEV-powered liquid staking derivative platform.
This hyped market interest came in after one year, as Jito was launched on October 22, 2022. This was further highlighted by a recent Jito upgrade on August 3, 2023. Jito’s token presents appealing yield potential, contributing to Solana’s (SOL) decentralization efforts and reinforcing the network’s security posture.
Following this development, infusers in Solana (SOL) have been celebrating a year of notable success, witnessing an impressive surge of 134.04% in its value, climbing from $9.9 on January 1, 2023, to $23.17 on August 17. This increase in transaction volumes reflects heightened engagement and underscores the growing interest in the Solana (SOL) network.
Additionally, deploying smart contracts on the Solana (SOL) blockchain has gained momentum among developers. With its remarkable scalability, Solana (SOL) emerges as a distinguished blockchain, boasting an impressive capability to handle 65,000 transactions per second (TPS).
Bitcoin (BTC): Market Crash Is Worsening In AugustDespite a prolonged period of price stagnation around the $29,000 mark, Bitcoin (BTC) gradually declined in August, culminating in a rapid drop of $2,300 on August 17.
This drop in Bitcoin’s (BTC) value was closely linked to reports of China Evergrande, a significant property developer, initiating bankruptcy protection procedures in the United States on August 17. This event raised concerns about potential spillover effects from disruptions in China’s real estate sector onto other global economic sectors, like Bitcoin (BTC) and other cryptocurrencies.
Following this, Bitcoin (BTC) witnessed a sharp price decline within hours, plummeting to a low of $25,166 on August 19 from the monthly high of $29,607 on August 14. This triggered a broader downward trend across the cryptocurrency market.
Bitcoin’s (BTC) price plunge induced significant liquidations for long positions totalling $805 million in the general crypto market, as reported by CoinGlass. Of the $805 million in liquidations, $381 million alone were in Bitcoin (BTC) liquidations.
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
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