Litecoin (LTC) is about to experience another halving event on August 2, 2023. The regular bull run that accompanies this event has started, and Litecoin (LTC) is expected to record price surges over the coming weeks. Right now, investors are asking if Avalanche (AVAX) and new hot crypto can join in on this bull run. VC Spectra (SPCT) just raised $2.4M in private sales, and its roadmap is leading toward a massive price surge for its early investors.
Litecoin (LTC) Struggles to Maintain Bullish Momentum Prior to Halving Event
On August 2, 2023, Litecoin (LTC) will conduct its 4-year halving event. This event will see the reward for mining one block of Litecoin (LTC) drop from 12.5 to 6.25 Litecoin (LTC). As the Litecoin (LTC) halving event approaches, investors believe that the token will rise in value due to its coming scarcity.
Consequently, there is usually a buying pressure on LTC around this moment. Litecoin (LTC) behaved exactly as predicted by surging from $80 in late June 2023 to $113 within the space of 10 days in June 2023.
For the record, Litecoin (LTC) has not broken the $100 resistance for more than a year before it happened in June. Right now, Litecoin (LTC) has dropped, and the token is trading for $97 on 7 July, 2023. Investors are still betting on Litecoin (LTC) to maintain its bullish momentum and record an even greater price surge in the second half of 2023.
Avalanche (AVAX) is Set to Ride the Crypto Bull Trend
In June 2023, Avalanche (AVAX) sunk alongside other cryptocurrencies following the decision of the US SEC to sue major crypto exchanges. The authorities alleged that certain cryptos like SOL, MATIC, BNB, and so on were securities. Although Avalanche (AVAX) was not directly involved in this legal tussle, the Avalanche (AVAX) price suffered from the market sentiments that followed.
The Avalanche (AVAX) token was trading at $14.53 at the beginning of June. Avalanche (AVAX) dipped to around $10.82 on June 10 after the SEC news broke. Right now, Avalanche (AVAX) is trading for $12.49 after hitting the $15 mark in early July.
Investors are still hoping Avalanche (AVAX) can ride the positive mood of the market this season and record major price surges.
VC Spectra (SPCT) Is Taking The Market By Storm
VC Spectra (SPCT) is a decentralized hedge fund set on driving innovation and development in the blockchain industry through strategic investments. As a VC Spectra (SPCT) user, you get access to exclusive ICOs, consistent quarterly rewards, profits from buybacks of profitable ventures, and access to a wide range of promising web3 startups.
Currently, VC Spectra (SPCT) is in its first presale phase, and the token is selling for $0.008. Soon, the presale phase will enter stage 2, and the token will sell for $0.011, representing a 37.5% increase in its price. VC Spectra (SPCT) is ready for a bullish run, and the token will sell for 10x the current price when it hits the mainstream market.
Learn more about the VC Spectra (SPCT) presale here: