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HomePress ReleaseSPCT’s 900% Meteoric Rise Explained: How Does It Compare To XRP And Monero (XMR)?

SPCT’s 900% Meteoric Rise Explained: How Does It Compare To XRP And Monero (XMR)?

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The battle of the titans is on with different platforms fighting for dominance in the market. VC Spectra’s native token SPCT continues to send shockwaves in the cryptocurrency market with its 900% warp-speed rise. 

On the other hand, Ripple’s (XRP) legal storm has triggered uncertainty in the cryptocurrency community. However, XRP remains unperturbed, rising above its turbulence to reinforce its presence internationally. Meanwhile, Monero (XMR) is showing an upward trend in a never-before-seen manner.

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Understanding VC Spectra’s Native Token (SPCT) Whirlwind Rise

VC Spectra (SPCT)  is a decentralized hedge fund showing relentless dominance in the blockchain space. The platform offers its users a sustainable development approach and exclusive access to various profitable blockchain ventures.

Furthermore, VC Spectra (SPCT)  performs rigorous project evaluations to maximize profits while reducing risks. Guided by stringent risk management principles and a solid investment strategy, VC Spectra (SPCT) invests in early-stage companies, offering them series A or seed funding to accelerate their growth and scale their operations.

Moreover, the VC Spectra (SPCT) platform uses systematic and algorithmic trading strategies, empowering investors to execute profitable trades. The platform allocates quarterly buybacks and dividends to its users from investment gains. Furthermore, investors on the VC Spectra (SPCT) platform have access to impressive seed/presale ICOs and voting rights.

So, what makes VC Spectra (SPCT) stand out? The VC Spectra (SPCT) token (SPCT) is a BRC-20 standard token developed on the Bitcoin blockchain. It’s used for exchange, asset management, decentralized trading, and transaction fees on the Spectra platform. The SPCT token adopts a deflationary model and features a burn mechanism reducing token circulation over time.

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Currently, in stage 1 of its presale, VC Spectra (SPCT) is trading at $0.008. However, its target price is $0.08 before the presale ends, representing a 10x surge. VC Spectra’s excellent performance during the first two weeks of its private/seed sale raised $2.3 million, indicating massive interest from investors.

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Ripple’s Legal Battle Turns Out to be a Blessing in Disguise as XRP Maintains Stability in the Market

Ripple (XRP) is navigating its ongoing legal challenges with its chin up. The platform has been exploring new opportunities to broaden its capabilities. However, something appears amiss as XRP witnessed a slight downward trend, plummeting by 0.13% in the last 24 hours to $0.478249.

Experts attribute Ripple’s (XRP) drop to increased surveillance of Ripple’s operations. However, data projections reveal that the value of XRP will skyrocket by 24.45% to reach $ 0.598787 by July 29, 2023.

Despite Ripple’s challenges, XRP is up by 42% on a YTD basis. The growth is bolstered by positive developments in the ongoing legal battle between Ripple and the US SEC.

XRP seems to be countering the trend to show signs of bullish momentum. This is due to a higher proportion of tokens shifting towards a loss instead of a profit. Interestingly, this trend usually signals a possible price surge.

Monero XMR) Maintains a 12-Day High to Break Its Previous Record. Can it Make it to Day 13?

Monero (XMR) recently displayed a dynamic bullish momentum. After maintaining a high for twelve successive days, Monero (XMR) seemed poised to leave a mark in the history books with a thirteenth straight high.

However, market unpredictability is unfathomable, which is evident in Monero’s (XMR) performance in the last 24 hours. Monero (XMR) recorded a 0.98% drop to trade at $165.98. Experts attribute Monero’s (XMR) decline to weakening market conditions.

Expert projections suggest that Monero (XMR) will record a price surge by July 2023 to reach $173.40. However, Monero’s (XMR) ability to maintain its stability remains uncertain.

Find out more about the VC Spectra presale here:

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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PR DESK
PR DESK
PR Desk is a guest author on TheCryptoBasic and only delivers sponsored content. Hence, views and opinions published under PR Desk are exclusively theirs and should not be taken as investment advice. If you want to publish your PR, please contact hashim@thecryptobasic.com or support@thecryptobasic.com

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