While Binance Coin (BNB) price nosedives after Binance’s settlement with the US Department of Justice, BNB holders are losing faith and looking for better investment options. This is where VC Spectra (SPCT) shines as a dominant prospect in the crypto scene. Will VC Spectra (SPCT) be able to outplay one of the top crypto coins, BNB? Let’s find out.
Summary
- Analysts expect BNB price to stabilize, boosting long-term positivity.
- VC Spectra uses AI and expert trading strategies to select promising tech and blockchain investments.
Binance Coin (BNB) Finds Hard To Grapple Above $240
After agreeing to pay $4.3 billion as part of Binance’s settlement with the United States Department of Justice (DoJ) on November 21, 2023, BNB has been facing selling pressure since then. Therefore, BNB depreciated as the bears took over, enhancing the downtrend in BNB coin price.
Following the news on November 21, the BNB coin price plummeted from $267 to $239 on the very next day. Coming to December 7, BNB was trading around $230, representing a 12.88% dip between the time frames. Technical analysis suggests that it is in a bearish trend and is near the support of $225.
Besides, the RSI indicator also confirms the downtrend as its index dropped to 47.4. BNB price prediction suggests that as it struggles, red candlesticks dominate the BNB coin price. However, analysts predict that the altcoin price might remain steady, enhancing positive momentum in the long run.
Experts also speculate that Binance, being a big exchange, will also significantly affect its price action in the long run. Amidst this, crypto analysts are attracted towards a new blockchain ICO– VC Spectra (SPCT).
VC Spectra (SPCT) Steals the Show in the Crypto Market
Getting into the crypto scene, VC Spectra (SPCT) has firmly held its ground as one of the best cryptos to invest in. VC Spectra (SPCT) has seized the limelight in the cryptocurrency space, stealing the spotlight against many other established cryptos. With VC Spectra’s sparking sales in presale stages, Binance Coin (BNB) holders are caught by its real-life utility and substantial profits.
VC Spectra (SPCT) has been on the radar with its prowess to revolutionize blockchain investment. VC Spectra (SPCT) stands out as a pioneering decentralized hedge fund, offering investors a strategic gateway to participate in fintech and blockchain initiatives actively.
Investors can embark on an exciting journey of profitability now by buying SPCT tokens. VC Spectra is in Stage 5 of its presale, priced at $0.077. The initial investors have already gained a whopping 862.5% surge in their investment to date. If anyone doesn’t want to miss Spectra’s thrilling wave, they can get the SPCT token right now.
VC Spectra leverages AI and professional trading and risk management strategies to pick viable investments in upcoming tech and blockchain companies. In addition to its exceptional gains, investors can also have exclusive benefits like quarterly dividends, buybacks, voting rights options, and access to new ICOs.
So, is SPCT the best coin to invest in? VC Spectra (SPCT) showcases immense potential to establish itself as a prominent player in the dynamic world of cryptocurrencies.
Learn more about the VC Spectra 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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