Solana (SOL) is surging this week after its trading volume also grossed more than $2 billion. Buyer interest is also rising after Ripple (XRP) won its case against the SEC, which changed the overall market to greed, and many cryptos saw a rise.
For example, Litecoin (LTC) and VC Spectra (SPCT) saw a significant surge. VC Spectra (SPCT) raised more than $2.4 million in private presale.
Following this development, what is the price implication for Litecoin (LTC) and VC Spectra (SPCT)? Let’s find out.
What you'll learn 👉
Solana (SOL) is on the rise after XRP won its case against SEC on July 13, like many other coins in the market. Starting at $14.25 on June 14, Solana (SOL) surged by 105% to its monthly high of $29.31 on July 13.
Almost doubling in value, Solana (SOL) is one of the hottest coins on the market, as its trading volume also rose above $2 billion on July 14. Speaking of trends, Solana (SOL) has seen constant growth throughout July following multiple announcements of network upgrades and collaborations with third-party blockchains.
The verdict on July 13 gave Solana (SOL) the momentum it needed for a breakout above its resistance levels. Solana (SOL) is holding this momentum; however, the market can eventually see a sideways price action as the volatility in Solana’s (SOL) price stabilizes.
On July 14, Solana (SOL) dipped 10.37% to $26.27 from its high of $29.31 on July 13. RSI indicators show an overbought condition which means a further drop might be expected next week.
Solana (SOL) is not the only one benefiting from the increased interest in the crypto market following XRP vs. SEC lawsuit’s verdict. Can Litecoin (LTC) become one of the all-time favorites?
Gaining attention as the next halving event for Litecoin (LTC) is just around the corner, Litecoin (LTC) was surging beyond its resistance regions of $98 on July 2. Litecoin (LTC) saw a monthly high of $114 on July 3 but has since declined to the support level of $96.
Following XRP vs. SEC lawsuit’s verdict, Litecoin (LTC) saw a minor breakout from the $98 resistance to $103. However, Litecoin (LTC) seems to have exhausted its buyers, and significant capitalization is happening on July 14, sending Litecoin (LTC) below $93.
Until the halving event, Litecoin (LTC) will likely follow a downward trend in the next few weeks as RSI and EMA indicate a bearish scenario. Overall, Litecoin (LTC) has seen a good run this month.
Meanwhile, VC Spectra (SPCT) is changing traditional finance with its revolutionary asset management blockchain. VC Spectra (SPCT) is gathering interest quickly as people pour in daily to secure a spot. VC Spectra (SPCT) provides safe investment portfolios in ICOs and startups.
Every investment in the VC Spectra (SPCT) blockchain is protected by a team of venture capitalists and risk managers. Furthermore, VC Spectra (SPCT) investors can also secure additional rewards by investing in the VC Spectra Fund.
Additionally, every investor is included in the blockchain proceeding through a decentralized investment management system.
Moving forward, VC Spectra (SPCT) has raised $2.4 million in private presale events. VC Spectra (SPCT) tokens are also available in public presale stages. Stage 1 offered 125 million SPCT tokens at $0.008. Stage 2, however, will increase the price of SPCT tokens by 37.5% to $0.011.
Ultimately, VC Spectra (SPCT) will see a 900% surge when its price reaches the target launch price of $0.08 on major exchanges.
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login