Following a considerable surge in price in late July, Tron (TRX) has been gradually slipping down. Binance Coin (BNB) has seen a similar trend since its surge following the XRP vs. SEC judgement in the middle of July
But one of the coins that has avoided a downward slope recently is VC Spectra (SPCT). Raising $2.4 million in its private sale has helped VC Spectra (SPCT) catch investors’ attention. So what is VC Spectra (SPCT) all about?
VC Spectra (SPCT) Offers 627% Gains to New Investors As Stage 2 Presale Continues
VC Spectra (SPCT) is an innovative and new decentralized hedge fund. Focusing on early-stage investments, VC Spectra (SPCT) pays considerable attention to investment opportunities like ICOs. VC Spectra (SPCT) chooses its investment opportunities using cutting-edge technology like AI and trading strategies. This helps VC Spectra (SPCT) maximize gains while minimizing risks.
As for the returns investors can expect, you can expect two types of benefits from VC Spectra (SPCT). First off, as shareholders of VC Spectra’s (SPCT) funds, you get monthly and quarterly dividends from the fund’s investment returns. Secondly, you can benefit from VC Spectra’s (SPCT) price appreciation.
In Stage 3, the next stage of VC Spectra’s (SPCT) presale, the price of SPCT will be $0.025. This is a 127.27% increase from the current price of $0.011 and a 212.5% gain from the initial price of $0.008.
If someone buys SPCT tokens in Stage 2, they will benefit from a 627% surge by the end of the presale as the coin goes from $0.011 to $0.08.
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.
So that’s all you need to know about VC Spectra (SPCT). Now let’s take a look at Tron (TRX) and Binance Coin’s (BNB) current situation.
Tron (TRX) Price Slips Following Major Surge in Late July
Tron (TRX) is down by a whopping 17.4% between July 22 and August 3. Tron’s (TRX) price dropped from $0.092 to $0.076 during this period. This fall comes after a considerable surge on July 22.
The drop in price that started on July 22 comes after a TRM Labs report mentioning the Tron (TRX) network published on July 21.
TRM Labs pointed out the increasing use of Tron’s (TRX) USDT in terrorism financing. Before USDT, the dominant medium of payment for terrorism-related remittances was Bitcoin. However, this shift to USDT’s network for such extreme activities may have hurt Tron’s (TRX) market position.
During the past week alone leading up to 3 August, Tron (TRX) is down by around 7.3%, as the price fell from $0.082 to $0.076. Overall, now is not the time to be expecting returns from investments in Tron (TRX).
Is that the case for Binance Coin (BNB) as well? Let’s find out.
Binance Coin (BNB) Has Been on a Losing Streak Since XRP Verdict
Like many other cryptocurrencies, Binance Coin (BNB) registered a massive surge in price around July 13. This was when the verdict for the XRP vs. SEC case was announced. The verdict favored cryptocurrencies at large, including Binance Coin (BNB). This favorable turn of events came after the SEC brought charges against Binance in early June 2023.
But the momentum from the XRP case did not last long at all. In fact, between July 14 and August 3, Binance Coin (BNB) fell by around 7.7% from $260 to $240. Between August 2 and 3 alone, Binance Coin (BNB) fell by around 3.2% from $248 to $240.
Overall, Binance Coin (BNB) seems to have lost all momentum from the XRP Verdict. At the moment, the negative market sentiment from the SEC’s lawsuit is hurting Binance Coin (BNB). Investors might want to stay away from Binance Coin (BNB) until the bad spotlight shifts elsewhere.
Find out more about the VC Spectra (SPCT) presale here: