Zcash (ZEC) has been swimming against the tide for the past month up to July 21. The Zcash (ZEC) price increased despite bad news for the coin. On the other hand, VC Spectra (SPCT) continues to look like a promising investment, having raised $2.4 million in private seed funds. So what’s it all about? Let’s get into it.
Zcash (ZEC) Seems Stable Following Binance Delisting
Around the end of May 2023, Binance made an announcement about Zcash (ZEC) and other privacy tokens. According to the announcement, Zcash (ZEC) would be delisted from Binance in some countries. This move from Binance comes against the backdrop of Binance’s legal troubles with Anti-Money Laundering policies. ZCash (ZEC) became a target of the delisting because of its privacy features that may aid money laundering.
Because of this delisting, people in Italy, Spain, and France could not purchase Zcash (ZEC) on Binance, the world’s biggest exchange.
This hurt the market sentiment for Zcash (ZEC). However, despite the delisting news, the price for Zcash (ZEC) increased from $27.0 to $31.3 in the last 30 days up to 21 July. This was a 15.9% surge for Zcash (ZEC).
But, Zcash’s (ZEC) price has stopped increasing in the last 7 days. In fact, during this period, Zcash’s (ZEC) price fell from $32.5 to $31.35, a 3.5% loss.
On a more positive note, new coins like VC Spectra (SPCT) are due to be listed on exchanges like Binance once they launch. So let’s look into it.
VC Spectra (SPCT) Might Be a Safer Bet Because of High Potential Returns
VC Spectra (SPCT) is a decentralized hedge fund. By combining the features of fintech and blockchain, VC Spectra (SPCT) presents a unique new opportunity to investors. VC Spectra (SPCT) focuses on early-stage investments like ICOs. For choosing the best avenues for investment, VC Spectra (SPCT) uses rigorous testing, AI algorithms, and trading strategies.
All of this helps VC Spectra (SPCT) maximize returns while keeping risks at a minimum. As for the returns, VC Spectra (SPCT) offers investors two-fold benefits. First off, VC Spectra (SPCT) delivers quarterly dividends and buybacks. Secondly, investors should also benefit from VC Spectra’s (SPCT) price appreciation as it grows.
VC Spectra (SPCT) recently moved to Stage 2 of its public presale. This move registered a 37.5% increase in price for VC Spectra (SPCT). As the sale proceeds, VC Spectra (SPCT) expects another huge price increase. From its current Stage 2 price of $0.011, it is supposed to move to $0.025 for Stage 3 of the presale. This will be a 127% price increase for VC Spectra (SPCT).
And on top of all that, if you invest in VC Spectra (SPCT) now, you can benefit from a limited-time offer of a 25% bonus on all deposits.
Find out more about the VC Spectra (SPCT) presale here:
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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