The Avalanche AVAX price plummeted as sellers decisively overhauled buyers. Similarly, investors momentarily stepped back from Cosmos crypto due to the formation of a bearish pattern. Meanwhile, VC Spectra (SPCT) poizes as the new crypto gem, promising investors substantial gains.
Let's explore why VC Spectra (SPCT) ranks amongst the top cryptos to buy compared to AVAX and ATOM!
Avalanche (AVAX) Dumps Despite Ecosystem Initiatives
Several developments have recently taken place within the Avalanche (AVAX) ecosystem. In July, the Avalanche Foundation introduced a $50 million initiative dubbed Avalanche Vista. This innovation sought to propel the tokenization of crypto assets, including Avalanche (AVAX).
As noted in the subsequent price action of AVAX, the Avalanche community seemed unimpressed. Notably, the news was followed by a considerable decline in the Avalanche AVAX price. In particular, the Avalanche AVAX price fell from $12.96 to $9.71, losing 22.15%.
Then, on August 26, the Avalanche network unlocked $99 million worth of AVAX. In response to the move, the Avalanche AVAX price increased by 17.1%, from $9.94 to $10.11. But again, since then, Avalanche (AVAX) has fallen into a downtrend.
Avalanche (AVAX) is currently trading at $9.86, shedding 1.40%. Experts believe that the bearish condition of the crypto market will push the price of Avalanche (AVAX) even lower. Based on this AVAX price prediction, Avalanche might not be the best cryptocurrency to invest in at present.
Bears Overwhelm Cosmos (ATOM); Here's Why!
In February, node validators inadvertently paused operations within the Cosmos (ATOM) ecosystem. The discontinuation of activities on Neutron, a Cosmos-based blockchain, resulted from clashing nodes within the protocol.
For context, Validators disagreed on the imposition of sanctions against disrupting activities on the Cosmos (ATOM) blockchain. The validators took a vote, with 91% of Cosmos (ATOM) supporters voting against such a move. As a result, Cosmos (ATOM) faced immense pressure from bears, dipping continuously.
The Cosmos crypto fell from $15.15 to $6.76 between February 9 and September 6, with ATOM losing 129.28%. The Cosmos crypto bulls continue to struggle to push the price of ATOM up, especially after the bears formed resistance at $13.05. However, experts believe Cosmos ATOM will witness relief as the market gears up for a bullish move.
Will VC Spectra (SPCT) Lead the Coming Bull Cycle?
Despite the crypto market's unprecedented downturn, VC Spectra (SPCT) has demonstrated remarkable resilience, prompting speculation about whether it will spearhead the forthcoming bull market.
VC Spectra (SPCT) is an emerging decentralized investment management protocol offering investors massive ROIs. Part of its investment scheme involves dishing out quarterly dividends and hosting a buyback program.
VC Spectra (SPCT) allows adopters to leverage new ICOs and partake in making decisions affecting the ecosystem. At the heart of VC Spectra is the SPCT token, powered by the Bitcoin network.
As a BRC-20 layer token, SPCT has a deflationary mechanism that ensures the reduction of the tokens' supply over time. VC Spectra (SPCT) offers several uses, including decentralized trading, asset management, and payment of transaction fees.
VC Spectra (SPCT) is currently in its third presale Stage, with a price of $0.025. Once it reaches the fourth Stage at $0.033, investors will have seen a 32% increase in their capital.
Remarkably, investors who choose to invest in VC Spectra (SPCT) at its current price can reap a substantial 220% profit at the end of the presale. This profit projection caused experts to rank VC Spectra (SPCT) among the top cryptos of 2023. So, the answer is simple: VC Spectra might as well take the lead in the upcoming bull run!
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login
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