The erratic performance of Tezos (XTZ) and Binance Coin (BNB) in recent weeks has left many investors searching for more resilient investment avenues. As XTZ and BNB face challenges related to technological updates and bearish market sentiment, VC Spectra (SPCT) emerges as a beacon of hope for investors, signaling lucrative returns and stability.
What you'll learn 👉
Etherlink is Launching in Tezos (XTZ)
On August 1, 2023, Tezos (XTZ) introduced Etherlink, an EVM-compatible Layer-2 solution on the Tezos platform. Etherlink aims to boost the development of secure and scalable applications. Etherlink rollup uses Tezos (XTZ) Layer 1’s model for truly decentralized governance.
On August 1, Tezos (XTZ) was trading at $0.8077 but reached $0.8547 on August 2, a 5.82% increment. However, Tezos (XTZ) is currently trading at $0.7961, decreasing by 7.36%, a constant downward movement from August 2. Afterward, Tezos (XTZ) is experiencing bearish momentum without excitement in the community.
The price of Tezos (XTZ) fluctuates between $0.79 and $0.81, with potential paths leading to $0.75 or $0.845, depending on market trends. While the market sentiment leans bearish, indicators such as the long and short ratio hint at a bullish reversal. Analysts identify the primary support level for XTZ at $0.75 and resistance at $0.91.
Binance Coin (BNB) Chain Implements Plato Update
In August, Binance’s BNB Chain will undergo two updates: Plato and Hertz. The Plato update, completed on August 10, introduced BEP-126 on the Binance Coin (BNB) chain. Meanwhile, the Hertz hard fork scheduled for August 30 aims to maintain the Binance Coin (BNB) Chain’s connectivity and alignment with EVM blockchain developments.
Before the Plato update, on August 9, Binance Coin (BNB) traded at a weekly high of $247.52. Currently, Binance Coin (BNB) is trading at $240.50, decreasing by 1.47% from $244.04 on August 10. Since August 10, the Binance Coin has been on a downward trajectory suggesting a bearing momentum.
Crypto experts believe that if Binance Coin (BNB) drops to the $238 support, BNB could prompt a further decline to $228. Currently, sellers dominate the Binance Coin market, indicating a potential downfall of BNB’s price below $235 until the end of August. Yet, a bullish reversal for Binance Coin is possible if buyers dominate the market.
VC Spectra (SPCT) Signals Impressive ROI
Venturing into the fintech and blockchain sector, VC Spectra (SPCT) is quickly establishing itself as a flare of profit for its investors. This decentralized trading platform offers asset management blended with innovation, efficiency, and real-world utility. The unique features embedded within the VC Spectra (SPCT) platform, such as smart contracts and AI, make it an appealing choice for investors.
Its rigorous project vetting process, powered by a team of experts, guarantees that only the most promising prospects receive investment. SPCT provides its holders benefits like dividends, peer-to-peer trading, and voting rights.
VC Spectra (SPCT) has already raised $2.4 million in its private seed sale. Currently, in the Stage 2 presale, a whopping 90.6 million SPCT tokens have been sold at $0.011 each, marking a 37.5% surge from the Stage 1 price of $0.008. Moreover, VC Spectra entices with a limited-time 25% bonus on every deposit, further solidifying its position as a magnet for crypto investors.
Early investors tapped into VC Spectra’s (SPCT) potential during Stage 1 bought tokens at $0.008. They are set to see a 10X gain, with prices potentially reaching $0.08 when SPCT trades at different exchanges. These numbers highlight VC Spectra’s impressive trajectory. The platform combines innovation with promising financial returns, solidifying its strong market presence.
Learn more about the VC Spectra presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
