Growing investor concern is around the recent drop of Curve DAO (CRV) and Optimism (OP). Many investors now conclude that VC Spectra (SPCT) would be a better option. VC Spectra (SPCT) is still in stage 2 of its presale, but its recent 37.5% increase has been on every investor’s lips. Will VC Spectra (SPCT) surpass Curve DAO (CRV) and Optimism?Â
Let’s see what investors think.
$50 million Cyber attacks cause Sharp Drop For Curve DAO (CRV)
Curve DAO (CRV) is facing a sharp drop from its recent cyber hack. It was trading at $0.73 on July 29. Curve DAO (CRV) fell by 16.4% to $0.61 on July 31. It then fell by another 18% to $0.50 in the early hours of August 1 before recovering by 14% to $0.57. As of August 3, Curve DAO (CRV) is trading at $0.59.
Curve DAO’s (CRV) drop on July 30 was in response to news that some of its smart contracts had been hacked using Reentrancy locks. The hackers had drained $50 million, sending panic waves through Curve DAO (CRV) holders.
Some analysts say Curve DAO’s (CRV) recent attack would push investors to other finance tokens like Compound, dropping its price by 20% to $0.47. In contrast, bullish analysts expect Curve DAO’s (CRV) trading activity to rise once its security issues are cleared up, causing it to rise by 37.2% to $0.81.
Optimism’s (OP) Worldcoin Partnership Expected to Pull it Out of Its Bearish Slump.
Many Optimism (OP) holders expect its recent partnership with Worldcoin to pull it out of its recent bearish trend. Optimism (OP) was trading at $1.33 on July 1 despite trading above $2 for the year’s first four months.Â
Optimism (OP) jumped by 18.7% to $1.58 on July 24. It fell by 6.9% to $1.47 on July 29 before rising by 14.2% to $1.68 on August 2 – Optimism’s (OP) current price range.
Despite its July Rise, Optimism (OP) is still nearly 50% below its January 2023 price range. Investors hope its recent partnership with Worldcoin will be enough to propel a strong rally before the year runs out.
Bullish investors say Optimism (OP) might rise by 25% to $2.1 due to an expected increase in network activity following its partnership with Worldcoin. Bearish investors expect Optimism (OP) to continue its May-June slump, causing it to fall by 29% to $1.19.
VC Spectra (SPCT) Set To Streamline Investing Pathway to Wealth
Without years of experience, most investors struggle in the crypto industry, losing money on duds while missing out on profitable projects. VC Spectra (SPCT) has come to change that narrative for both old and new investors. Users can invest in blockchain startups, staking and yield farming opportunities, and high-growth projects through VC Spectra.
Additionally, VC Spectra (SPCT) comes with a standard asset exchange that allows investors to gain exposure to other opportunities within the crypto sector. Through VC Spectra (SPCT), investors can also invest in other blockchain-focused hedge funds.
VC Spectra’s (SPCT) users receive quarterly dividends, buybacks, and voting rights. They also get access to private Pre-ICO opportunities, thus putting them ahead of most investors.
VC Spectra (SPCT) is one of the most in-demand projects despite being in Stage 2 of its public presale. It recently held a private seed event where it raised $2.4 million. Its current price is $0.011 after rising by 37.5% from its stage 1 price of $0.008.
VC Spectra (SPCT) will rise considerably high after the final stage of its presale and is expected to take it to $0.08, ultimately scoring a 900% homerun for investors.
Learn more about the VC Spectra’s (SPCT) (SPCT) presale:
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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