Compound (COMP) has recorded a bearish movement within the past week. The DeFi token recently recorded a significant decline, reducing investors' confidence. Though Compound (COMP) shows signs of a comeback, other projects like VC Spectra (SPCT) are already captivating investors' interest.
VC Spectra (SPCT) recently made a 37.5% ROI for its early presale investors and is expected to make further ROIs! How? Let’s find out.
Compound’s (COMP) Recovers Slightly From 18% Price Decline
Compound's (COMP) price has been moving within the $71 to $75 price level for the past week. However, Compound (COMP) recently made an 18.97% decline, dropping from $72.78 on July 23, 2023, to $58.97 on July 25, 2023. Fortunately, it seems to be retracing its step, currently trading at $69.52.
Compound's (COMP) price increase reflects the approval of its proposal to use Wrapped Bitcoin (WBTC) as collateral on the Compound protocol. According to Compound's (COMP) team, this will enhance the platform's capabilities and the development of new possibilities in the defi domain. Compound's (COMP) price surge shows investors and traders a positive reaction to the news.
Also, Compound (COMP) open interest had significantly increased on July 16, 2023. Data shows that Compound's (COMP) open interest increased to about $170 million on July 16th after the outcome of the Ripple vs SEC case. However, Compound's (COMP) open interest has currently rebounded to over $122 million.
Compound's (COMP) technical analysis suggests a bullish run. Experts predict that Compound (COMP) will recover its $7 price level before the end of July.
VC Spectra (SPCT) Rallies For 627% Surge
VC Spectra (SPCT) is an innovative decentralized hedge fund that encourages blockchain sector growth through strategic investments. It employs a team of seasoned blockchain specialists and venture capitalists to assist in selecting the finest crypto and web3 startups early. This way, VC Spectra (SPCT) provides investors a secure and profitable blockchain investment experience with minimal risk.
VC Spectra's (SPCT) investors get quarterly dividends and share earnings from successful company buybacks. They are also given access to partake in high-value pre-ICOs.
VC Spectra (SPCT) is currently having its public presale, with each SPCT currently going for $0.011. This is actually Stage 2 of VC Spectra’s (SPCT) presale. The decentralized hedge fund concluded Stage 1 of its presale on July 18, 2023, selling 125 million SPCT tokens and making a 37.5% ROI. You should also know that VC Spectra (SPCT) was able to raise $2.4 million from its private/seed presale.
Initially, SPCT tokens were sold for $0.008 during Stage 1 of VC Spectra's public presale. The price rose to its current $0.011 when Stage 2 commenced. VC Spectra's (SPCT) price has been predicted to keep increasing until it reaches $0.08 at the end of its presale. Meaning that if you buy SPCT tokens now, you're in for a 627% profit when VC Spectra's presale ends!
The attention VC Spectra (SPCT) is getting due to its innovative features shows a highly rewarding positive market sentiment. At this rate, VC Spectra (SPCT) will become one of the top players in the crypto market when it is launched.
To learn more about VC Spectra (SPCT) and its presale, visit:
Buy Presale: https://invest.vcspectra.io/login
NFTxLV - Sep 29 - Oct 1, 2023 | Las Vegas Convention Center
Discover the intersection of art and blockchain with NFTxLV, where the world of NFTs collides with the allure of Las Vegas, creating an unforgettable experience for collectors, artists, and enthusiasts alike.GET TICKETS!