VC Spectra’s Rise: Stealing the Spotlight from Ethereum (ETH) & Bitcoin (BTC)! Best Bet for 2023?
VC Spectra (SPCT) is rapidly emerging as a formidable contender, overshadowing old players like Ethereum (ETH) and Bitcoin (BTC). With a commendable fundraising feat and an impressive growth trajectory, VC Spectra is shaping up to be the investment treasure of 2023, challenging the dominance of established cryptocurrencies to become the best crypto for beginners.
VC Spectra (SPCT) Catches the Eyes of Investors
VC Spectra (SPCT) is rising in the fintech and blockchain landscape with its groundbreaking decentralized asset management protocol and trading platform. This innovation ensures SPCT investors have a transparent and secure gateway into the rapidly expanding blockchain and technology sectors.
By carefully identifying lucrative projects and utilizing advanced trading techniques, VC Spectra (SPCT) aims to maximize returns, offering a unique investment opportunity that balances rewards with minimized risks. VC Spectra (SPCT) token is a deflationary token built on the BRC-20 standard within the Bitcoin blockchain framework.
In just a short span, VC Spectra’s (SPCT) achievements are commendable. They raised $2.4 million in merely two weeks from seed and private sales, highlighting their rising dominance even amidst reputable cryptocurrencies. VC Spectra (SPCT) is currently in Stage 3 of its public presale, with the token’s price set at $0.025.
This marks an impressive 127.27% jump from SPCT’s pricing of $0.011 at Stage 2. With predictions indicating a 10X profit margin by the end of the presale and added incentives like a limited-time 10% deposit bonus, investors are eagerly watching and considering VC Spectra (SPCT) as the top crypto to buy in 2023.
1inch Buys Ten Thousand Ethereum (ETH)
On August 28, Lookonchain reported a significant Ethereum (ETH) purchase by the 1inch Investment Fund wallet. The fund spent $10 million to acquire 6,088 ETH at $1,655. Additionally, it was revealed that this wallet had made earlier purchases after the Ethereum 2.0 release, totaling 17,000 ETH (valued at $26.8 million) at an average price of $1,569.
Currently, Ethereum (ETH) is trading at $1,731, an increase of 4.84% from $1,651 on August 28. Additionally, the trading volume of Ethereum has increased by 344% from $2.5 billion to 11.5 billion in the same period. Investors are excited about such surges in volume and price.
Despite achieving notable milestones like the Ethereum 2.0 release, Ethereum (ETH) has struggled to exceed the $2,000 mark since its peak in 2021. Thus, investors are wondering how high can Ethereum go in the near future. However, the MVRV ratio suggests ETH could be undervalued. This hints that Ethereum (ETH) is a good crypto to buy, anticipating a potential upward trend.
Grayscale Might Soon Launch Bitcoin (BTC) ETF
On August 29, Grayscale won its lawsuit against the US regulators, moving closer to launching a Bitcoin (BTC) ETF in the US. The US Court of Appeals deemed the SEC’s previous denial of Grayscale’s application “arbitrary and capricious.”
Currently, Bitcoin (BTC) is trading at $27,661, an increase of 6.7% from $25,924 on August 29. Also, the trading volume of Bitcoin (BTC) increased by 180% from 10 billion to 28 billion in the same period. Bitcoin (BTC) recently surpassed a short-term bearish trend, hinting at a possible Bitcoin drop, but several challenges persist.
Bitcoin (BTC) faces critical resistance at $28,500, essential for potential gains towards $29,000. Bitcoin prediction experts believe support for BTC is at $27,000, with the risk of Bitcoin dropping to $25,500 if breached. Technical indicators show mixed signals for Bitcoin forecast as consolidation or surge in BTC impacts the broader market sentiment.
Learn more about the VC Spectra presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund