Bitcoin (BTC) and Ethereum (ETH) are undoubtedly the reigning coins in the crypto world. However, a new coin is emerging faster than anticipated, defying the rule of Bitcoin (BTC) and Ethereum (ETH). This new coin has surged high, and investors are flocking to its ICO.
Let’s learn more about the significant achievements of this newcomer and analyze how its growth compares to Bitcoin (BTC) and Ethereum (ETH).
Bitcoin (BTC): When Are Investors Going To See Some Price Action?
Cathie Wood’s ARK Invest submitted a Bitcoin (BTC) ETF application in May 2023, awaiting an SEC decision by January 2024.
The SEC’s recent action after its publication in the Federal Register indicates further progress on the spot Bitcoin (BTC) ETF request. Bitcoin (BTC) has seen a growing negative sentiment following this delay.
While the Bitcoin (BTC) prices surged after this news in May to levels beyond $31,000, Bitcoin (BTC) investors are losing interest, and the price is hitting the lower support of $29,000 on August 15.
According to experts, Bitcoin (BTC) price forecasts align with the bearish sentiment, while technical levels show support at $28,700 and $28,100, with resistance at $30,000 and $31,100.
Ethereum (ETH): New Network Upgrade Creates Market Hype
A recent report revealed that Donald Trump, the former president of the USA, holds more than $2.8 million in an Ethereum (ETH) wallet. This revelation has upped the figure from $250,000 to $500,000 in the financial statements submitted in April as Trump’s current crypto holdings.
Following this news, Ethereum (ETH) saw a prominent decline. While Trump’s supporters say this decline in Ethereum’s (ETH) value is because of its Shanghai upgrade in March that has made ETH staking fall instead of rising, the timeline of the decline does not add up.
Following the report’s release on August 14, Ethereum (ETH) has dropped from $1,859 to $1,820 as the fear index grows and ETH’s price takes a hit. Analysts indicate that this decline might be because of the upcoming elections in the USA, as prominent figures are starting to dump their crypto holdings amidst the regulatory crisis to escape accountability.
A further decline in Ethereum’s (ETH) price will likely result in the loss of current support levels of $1,800, and it may see a new low in August.
VC Spectra (SPCT): The New DeFi King With High ROI
VC Spectra (SPCT) is a groundbreaking asset management blockchain that aims to democratize cutting-edge investment opportunities, addressing the gap between seasoned investors and newcomers. VC Spectra (SPCT) ensures inclusivity by leveraging AI blockchain technology, granting all stakeholders equal access to high-value investments.
The cornerstone of VC Spectra’s platform is the SPCT token, developed on the Bitcoin blockchain using the BRC-20 standard. The VC Spectra (SPCT) token offers a range of exclusive benefits, including quarterly dividends, buyback options, voting rights, and early access to lucrative initial coin offerings (ICOs).
VC Spectra (SPCT) saw a massive response to its private presale, where it secured $2.4 million in seed funding within two weeks. This prominent response is ongoing in the public presale.
VC Spectra (SPCT) has demonstrated impressive ROI potential during its public presale stages. With a surge of 37.5% in value reported by Stage 1 investors and an anticipated 100% plus increase in Stage 3 for investors of Stage 2, the project showcases its ability to generate significant gains.
Furthermore, the project’s strategic roadmap points towards even higher targets, including a potential 900% surge for Stage 1 investors when the token hits $0.08. You can also enjoy a 25% bonus on all VC Spectra (SPCT) purchases in Stage 2 presale.
So, what are you waiting for? Secure your spot in the innovative VC Spectra (SPCT) ecosystem today!
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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Source: thinkbitcoins