Stellar (XLM) and Cardano (ADA), the prominent coins that once stood tall, recently suffered from a plunge in the face of VC Spectra’s (SPCT) staggering growth. While investors closely explore the contrasting trajectory, it has become evident that VC Spectra’s (SPCT) remarkable traction will change the landscape of digital assets.
But before we talk about VC Spectra (SPCT) further, let’s briefly look at Stellar’s (XLM) and Cardano’s (ADA) recent situation.
Stellar (XLM) Continues To Lag Behind Competitors
On July 31, Stellar’s (XLM) price took a significant hit, suffering a fall of about 6.2% from $0.16 to $0.15. Stellar’s (XLM) price drop was further accompanied by a staggering 3.9% decrease in market cap from $4.38 billion to $4.21 billion within the same period. The bearish movement for Stellar (XLM) can be attributed to greater economic instability and central bank tightening.
However, Stellar’s (XLM) value proposition is enhanced as its adoption for payments and settlements increases.
Around 18 July, Stellar announced that HoneyCoin users could cash out their USDC balances at supported MoneyGram locations in selected countries. Another similar announcement by Stellar (XLM) followed on July 25 as well.
Overall, traders should seek confirmation by looking for continued bullish signals if they plan on investing in Stellar (XLM). Let’s see if that is also the case with Cardano (ADA).
Cardano (ADA) Fails To Impress Investors
Cardano (ADA) has dropped substantially in the week leading up to July 31 in an unexpected turn of events. Cardano (ADA) gained significant traction in the past month, showing an appreciation of 11.2%. However, Cardano (ADA) plunged 3.2% between 23 July and 30 July. Furthermore, on July 31, Cardano’s (ADA) value dropped almost 1% from $0.32 to $0.31. This loss was accompanied by a similar 3.5% dip in market cap from $11.4 billion to $11 billion.
Cardano’s (ADA) setback can be linked to the looming risk of recession and increasing Fed rate. The Federal Reserve increased the interest rates following its July 25-26 meeting.
Furthermore, based on the current movement of the Relative Strength Index (RSI) on July 31, Cardano (ADA) is reaching an overbought state. This suggests that Cardano (ADA) may fall further in the coming days. Investors might be better off looking to other cryptocurrencies.
Is VC Spectra one of those cryptocurrencies?
VC Spectra (SPCT) Stuns With Remarkable Growth
VC Spectra (SPCT) is a decentralized hedge fund focusing on early-stage investments. The platform employs artificial intelligence and clever trading techniques to identify lucrative investment opportunities. Trading with VC Spectra (SPCT) ensures maximum return with minimum risks. Customers who rely on VC Spectra (SPCT) enjoy top-notch security as the platform is based on blockchain.
The hedge fund believes in sharing success with its valued investors. Therefore, VC Spectra (SPCT) users enjoy unique perks such as complete transparency and the opportunity to benefit from the coin’s price appreciation. Furthermore, customers can benefit from quarterly dividends as VC Spectra (SPCT) has allocated a whopping 40% of their investment gains for dividends.
Since transitioning from Stage 1 to Stage 2 of its presale, VC Spectra (SPCT) has made exceptional strides, surging from $0.008 to $0.011 with a 37.5% ascent. Investors can count on a potential 127% capital appreciation from $0.011 to $0.025 as VC Spectra (SPCT) advances to Stage 3.
Moreover, if users act promptly, they can benefit greatly from VC Spectra’s (SPCT) limited time-limited offer of a 25% bonus on all deposits.
Find out more about the VC Spectra (SPCT) presale here: