XRP remains one of the most talked-about digital currencies. It all began in December 2020 when the Securities and Exchange (SEC) initiated a lawsuit against Ripple. After years of speculation, the latest court ruling signaled a big step into putting the legal battle to bed.
Still, the case is ongoing, meaning that XRP isn’t quite a reliable investment yet. Even if it were, its value potential pales compared to a fresh DeFi newcomer set for 900% gains.
The monumental court ruling from Judge Torres for the SEC vs. Ripple lawsuit caused a near-2x run for XRP from $0.47 to $0.93. Soon after, trading platforms that had initially delisted XRP (like Kraken, Crypto.com, Coinbase, and BitBuy) reinstated the token.
While the legal victory was only partial, demand for XRP is high. For this reason, CoinFlip, a prominent global crypto ATM, added the token to its growing coin list. The Gemini exchanges have also teased listing the token.
Despite this interest and favorable ruling, the case is ongoing. In short, Torres ruled XRP wasn’t a security when sold to the public. But Ripple did break such laws when it offered XRP to institutional buyers. This decision has baffled many as debates continue over regulatory clarity, leaving XRP in a gray area.
The price certainly reflects this story, dropping by 36% to $0.59 after the event. Such a decline suggests that investors still have their doubts. With 2024 around the corner, it seems unlikely (but not impossible) XRP will reach $1, according to many forecasts.
Now let’s look at VC Spectra (SPCT), which has been well-received, judging by the rate at which its presale is moving.
VC Spectra (SPCT) is a brand-new project slowly growing in popularity. It operates a decentralized asset management fund to generate the best returns in a broad range of early-stage blockchain and tech ventures. These companies work in growing multi-billion-dollar industries, increasing the chances of lucrative success for investors.
Additionally, VC Spectra (SPCT) is home to a number of managed funds in specialized crypto sectors like Nexus and Quantum Ventures Funds. Either of these investments are targeted by VC Spectra’s (SPCT) expert team using meticulous due diligence, with advanced strategies applied afterward to manage the risks.
Transparency and autonomy are also vital for VC Spectra (SPCT), thanks to Ethereum’s smart contracts. The best part of this technology is how it removes third parties while efficiently carrying out the necessary asset management operations. This framework allows investors to control their assets, make real-time portfolio decisions, and get paid without hassles.
The ultimate enjoyment of VC Spectra comes from holding the Spectra token (SPCT). The latter is a deflationary utility token for settling management fees, investing, and getting paid with VC Spectra’s projects.
What’s more, it offers:
- Additional SPCT from keeping your existing SPCT for an extended period
- Voting rights to have power in the platform’s governance
- Access to discounted pre-initial coin offerings
- Quarterly dividends through buybacks
VC Spectra (SPCT) is in Stage 2 of its presale, having sold 180 million tokens so far. SPCT is available for a low $0.011, soon to climb by 127% to $0.025 in Stage 3. The latter is the penultimate phase, as VC Spectra’s (SPCT) launch draws near.
By this point, SPCT is expected to be worth $0.08, equaling an impressive 627% gain.
Learn more about the VC Spectra presale here:
- Buy Presale: https://invest.vcspectra.io/login
- Website: https://vcspectra.io
- Telegram: https://t.me/VCSpectra
- Twitter: https://twitter.com/spectravcfund
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