After a hopeful 32% jump, Cardano (ADA) has erased much of those gains. Analysts point to the neutral sentiment in crypto and ADA’s delisting from Robinhood among the catalysts. However, due to other positive developments, Cardano (ADA) looks to exceed the $0.30 area.
While this goes on, investors look forward to the eventual launch of VC Spectra (SPCT), which will see its price potentially reach $0.08.
Cardano (ADA) Community Unsure of Planned Selloffs by Celsius and Robinhood
Cardano’s (ADA) community has divergent views on the possibility of Celsius and Robinhood selling off tons of ADA tokens. Following the SEC lawsuit against Binance and Coinbase, Robinhood delisted ADA.
Some people are fearful that the planned selloffs may result in a massive dump in Cardano’s (ADA) value. Meanwhile, others believe such an event would be insignificant. Still, Cardano (ADA) enthusiasts remain high alert for what unfolds in the coming days.
On the bright side, the German division of Vodafone is preparing to launch an NFT collection using Cardano (ADA). Also, Charles Hoskinson, Cardano’s (ADA) co-founder, has commented positively about his project.
DeFi Llama reflects that Cardano’s (ADA) total-value locked or TVL has grown by 148% in 2023, higher than other blockchains. Others have also spotted growing institutional interest in ADA from Grayscale and Wisdom Tree with their Cardano-focused products.
Based on these events, some hope exists that Cardano (ADA) can breach the $0.30 resistance level, as it’s currently worth $0.28.
VC Spectra (SPCT) Set to Dominate Asset Management and Hedge Funds
VC Spectra (SPCT) combines a team of expert investment professionals, smart contracts, and access to a promising future of blockchain/technology start-ups. Here, people can invest in individual projects or funds to the latter industries in a decentralized, trustless platform.
VC Spectra (SPCT) use of smart contracts means that functions like securing funds and allocating profits happen without third parties. This also gives much power to users who control their assets throughout the entire investing journey.
Another unique aspect of VC Spectra (SPCT) is its commitment to positively impacting society and the environment. Thus, it only supports projects aligned with ethical and sustainable values.
SPCT is the platform’s native utility token used to pay transaction fees, invest in VC Spectra’s projects and earn profits. It’s a deflationary coin with a fixed supply of 1 billion. Also, VC Spectra (SPCT) ‘burns’ a portion of the tokens in transaction fees.
SPCT holders can receive quarterly dividends through buybacks, regaining value by selling their shares into the liquidity pool. Voting rights are the second benefit of owning SPCT, allowing one to direct VC Spectra’s governance. Finally, investors can access more early opportunities through pre-ICOs at high discounts.
Cardano (ADA) will likely reach $0.30 soon. But, while the time is longer, VC Spectra (SPCT) has better potential price appreciation. SPCT costs a low $0.008, soon to be $0.011, in stage 2 of VC Spectra (SPCT) presale.
The expected target is $0.08 when the platform goes live. Thus, investors purchasing SPCT at this point could see an impressive ROI of 10x.
Learn more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/login