Increased stakes and profound interest in cryptocurrencies have resulted in a market of $9.09 trillion invested in them. What made Tron (TRX) a good investment, how did VC Spectra (SPCT) raise $2.4 million in presales, and why Axie Infinity (AXS) might be looking for a surge?
You are at the right place if you have come seeking answers to these questions.
What you'll learn 👉
Why Is Tron (TRX) Suddenly A Good Investment For July?
Tron (TRX) is a great coin showing some good sentiments in the market, making it an excellent investment choice for the long term.
Tron (TRX) started this week with a slightly bullish trend, not a lot of momentum but ended up surging 5.4% from $0.074 to $0.078 on 6th July. Part of the reason behind Tron’s (TRX) jump was 122 million Tron (TRX) tokens being burned. Increasing its 24-hour trading volume by more than 5.6% to $165 million, Tron (TRX) is gathering market interest in July.
Speaking of trends, Tron (TRX) is not yet ready to confirm a bullish trend, and it is currently facing strong resistance at $0.08 levels. A breakout will likely confirm substantial gains for Tron (TRX) in July.
If the breakout does not play in Tron’s (TRX) favor, a recorrection to sub $0.073 levels is expected.
VC Spectra (SPCT): A 37.5% Surge Is Imminent With Stage 1 Nearing Its End
VC Spectra (SPCT) is gaining popularity rather quickly than anticipated. The new BRC-20 token has already raised over $2.4 million in its private and seed presale events.
VC Spectra (SPCT) provides users with real-life implications of true asset and risk management, which has garnered attention from giant whales in the crypto industry. People looking to invest in a secure hedge fund have been rushing to VC Spectra’s (SPCT) public presales and holding VC Spectra (SPCT) tokens.
Furthermore, VC Spectra (SPCT) provides practical value to its investors by allowing them access to Initial Coin Offerings (ICOs) and expert-vetted startup projects on its blockchain. Expert capitalists and risk managers manage these investment portfolios to ensure asset safety and a sustainable income.
Stage 1 of the VC Spectra (SPCT) token’s public presale has sold 69% of the allocated 125 million tokens. Nearing its end, it is the last opportunity to buy VC Spectra (SPCT) at $0.008.
In Stage 2, the price for VC Spectra (SPCT) native token will be raised by 37.5% to $0.011. This will continue in consecutive stages until the target launch price of $0.08 is achieved. It ultimately gives VC Spectra (SPCT) holders a 900% return on investment (ROI).
Therefore, VC Spectra (SPCT) is one of the best blockchain projects to invest in July.
Axie Infinity (AXS): A Leap Of Faith Gone Wrong?
Axie Infinity (AXS) is down by almost 2% on the daily charts from $5.97 on 5th July to $5.86 on 6th July. While this may not seem like a significant drop, it does come with a warning.
On the weekly charts, Axie Infinity (AXS) has been bullish since 23rd June, rising from $5.35 to north of $6.62 at the highest, a 23.73% increase on 1st July.
However, Axie Infinity (AXS) has seemingly lost this momentum on the 6th, as it continues plunging to support regions of $5.6. This came after the Axie Infinity (AXS) token attempted to break out from the new $6.30 resistance level.
Therefore, Axie Infinity’s (AXS) daring leap, which kicked off July with bullish sentiments, is slowly turning to suicide. A reducing market cap further indicates that money is being pulled out from Axie Infinity (AXS).
For this reason, it would be wise to hold out and see how things play for Axie Infinity (AXS) in the short term.
Learn more about VC Spectra (SPCT) and its presale on the links below.
- Buy Presale: https://invest.vcspectra.io/login
- Website: https://vcspectra.io
- Telegram: https://t.me/VCSpectra
- Twitter: https://twitter.com/spectravcfund