Cardano (ADA) has recently been delisted by crypto exchanges like Revolt due to the SEC’s regulatory concerns. Meanwhile, Arbitrum (ARB) has fallen victim to various theft scams and “rug pulls,” which have adversely affected its market sentiment.
Fortunately for investors, VC Spectra (SPCT) guarantees the security of user funds and real-life utility. With its recent seed sale raising $2.4 million, analysts say VC Spectra (SPCT) can surge by 900% once it officially launches. Will Cardano (ADA) and Arbitrum (ARB) find light at the end of the tunnel? Read on to find out.
Cardano’s (ADA) Bearish Trend Sparks Concerns Among Investors
It’s been a rough year for Cardano (ADA) investors. With the SEC breathing down its neck, investors are uncertain about Cardano’s (ADA) utility, as the regulatory firm reaffirms that Cardano (ADA) is a security. Crypto exchanges such as Revolt have delisted Cardano (ADA) from their platforms, citing evolving laws and regulations in the US.
Although the market downturn has contributed to Cardano’s (ADA) downward momentum, there is an additional deterrent impacting investor sentiment. Many cryptocurrency investors perceive Cardano (ADA) as a stagnant blockchain with limited development and utilization due to Cardano’s (ADA) low TVL.
These recent developments have caused Cardano (ADA) to plummet by 1.18% over the past 24 hours, with the price settling at $0.2824. With market conditions becoming more unpredictable and the SEC’s increased regulatory measures, Cardano (ADA) is anticipated to experience a bearish sentiment, potentially dropping to $0.241 in the weeks ahead.
Storm Clouds Gather Over Arbitrum (ARB) As it Wriggles Through Increased Network Attacks
According to CertiK’s Q2 2023 Web3 Security Report, the second quarter of 2023 saw a significant increase in theft scams and “rug pulls” within decentralised finance (DeFi) platforms. Malicious actors capitalised on these scams, resulting in a staggering $313 million being stolen. Specifically, Arbitrum (ARB) suffered from 14 separate incidents, resulting in damages nearing $14 million.
The report also reveals fewer flash loan and Oracle manipulation vulnerabilities. However, exit scams, or “rug pulls,” have tripled losses for investors. These scams involve fraudulent projects or individuals vanishing with funds. Shockingly, there were 98 reported exit scams in Q2 2023 alone, resulting in a staggering loss of nearly $70 million.
Unsurprisingly, investors are shifting their assets from Arbitrum (ARB) as they are wary of Arbitrum’s (ARB) security protocols. In the past 24 hours, Arbitrum (ARB) has plummeted to $1.084.
Furthermore, the sharp rise in theft scams and exit scams presents formidable obstacles to Arbitrum’s (ARB) credibility. So, analysts say Arbitrum (ARB) can go through a bearish sentiment, plunging to $1.037 in the coming weeks.
VC Spectra (SPCT) Positioned to Surge by 900%, Attracts Investors
There’s a new king in town, guaranteeing investors maximised profits with its cutting-edge technology. Dubbed VC Spectra (SPCT), the decentralised hedge fund aims to redefine the blockchain space, offering investors exclusive access to diversified portfolios and pre-ICOs.
Moreover, investors are entitled to VC Spectra (SPCT) enticing rewards, such as quarterly dividends and buybacks based on investment profits.
VC Spectra (SPCT) implements robust security protocols, such as advanced cryptographic techniques, to ensure the safety of investor funds.
Moreover, VC Spectra (SPCT) is powered by its native token, SPCT, which operates on the secure Bitcoin blockchain and adheres to the BRC-20 standard. Through its deflationary model, SPCT has a burn mechanism that systematically reduces token circulation over time, increasing VC Spectra’s (SPCT) value.
There’s more good news for investors, as VC Spectra (SPCT) has already sold 70.14% of its initial token supply. And the best part? VC Spectra (SPCT) is still in stage 1 of its public presale! With VC Spectra’s (SPCT) stage 2 of public presale on the horizon, investors anticipate VC Spectra’s (SPCT) price to jump from $0.008 to $0.011, indicating a 37.5% surge.
There will be successive presale stages until VC Spectra (SPCT) reaches its $0.08 target price, marking a 900% surge. So, hop on the bandwagon and optimise your profits with VC Spectra (SPCT).
Find out more about the VC Spectra presale here:
Buy presale: https://invest.vcspectra.io/login