Pepe has been on a losing streak for the past few days leading up to July 28. Avalanche (AVAX) has seen some price correction in the past couple of weeks as well as it comes back to the month’s price floor. However, there is a promising new coin called VC Spectra (SPCT) on the cards as well.
VC Spectra (SPCT) has already raised $2.4 million in its private seed round and is currently in Stage 2 of its presale. But before we get into VC Spectra’s (SPCT) details, let’s briefly discuss Pepe and Avalanche’s (AVAX) situations.
What you'll learn 👉
Pepe Suffers a Week Full of Loss Following Negative Whale Action
During the week leading up to July 28, the Pepe coin lost around a tenth or 9.7% of its value. Pepe’s value at the start of the week was $0.000000000134 and stood at $0.000000000121 on July 28. So what could be the reason behind this recent massive down spike?
Well, some recent whale action could be at the hub of it all. On July 23, a Pepe whale withdrew $3 million worth of Pepe from Binance. This decreased the supply of Pepe in the overall market and may have caused a small price surge.
Following this temporary upward pressure, Pepe’s price seems to have corrected and come down, causing the recent negative performance. On July 28, the price for Pepe was down by around 2.4% from $0.000000000124 to $0.000000000121.
Overall, the upcoming performance for Pepe does not seem promising, so investors are better off looking for alternatives.
Is Avalanche one of those alternatives? Let’s look into it.
Avalanche (AVAX) Down for the Week But May Turn Around Soon
Avalanche (AVAX) has lost around 6% of its value in the week leading up to July 28. It opened around $13.9 and is down to $13.1.
This downturn comes after a major spike in Avalanche’s (AVAX) price around July 15. This spike may have resulted from the July 13 Ripple (XRP) vs. SEC verdict. After this sudden uptick, the price for Avalanche (AVAX) seems to have corrected, and by July 28, it is close to the month’s price floor.
The overall situation indicates that further major losses in Avalanche’s (AVAX) price may be unlikely at this point. This is especially true considering recent positive news about Avalanche’s (AVAX) $50 million investment in tokenized versions of traditional financial assets.
So while some might shy away from investment in Avalanche (AVAX) because of recent losses, others may only see it as a good price to get in on Avalanche (AVAX).
Another project that might really be worth getting into soon is VC Spectra (SPCT).
VC Spectra (SPCT) Marches Forward through Stage 2 of Presale Expecting Major Gains
VC Spectra (SPCT) is a new and innovative decentralized asset management platform. VC Spectra’s (SPCT) investment portfolio focuses on ICOs or early-stage crypto investments. Using modern portfolio curating tools like AI and trading strategies helps VC Spectra (SPCT) maximize profits while minimizing risks.
And as far as returns go, VC Spectra (SPCT) investors can benefit in two major ways. First, you get monthly or quarterly dividends from the gains VC Spectra (SPCT) receives from its investment portfolio. 40% of the returns on any specific VC Spectra (SPCT) fund is allocated for shareholder dividends.
The second type of return you can expect is price appreciation.
VC Spectra’s (SPCT) move to Stage 2 of its presale from $0.008 to $0.011 registered a 37.5% gain. As VC Spectra (SPCT) moves from its current Stage 2 to Stage 3 of the presale, you can expect a 127% surge from $0.011 to $0.025.
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.
Find out more about the VC Spectra (SPCT) presale here:
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