Amidst its ongoing legal challenge, Dogecoin (DOGE) has recorded another whale transaction that has the community stunned and yet suspicious. Ethereum (ETH), on the other hand, has significantly increased its number of addresses. But even with Dogecoin's (DOGE) whale transaction and Ethereum's (ETH) address accumulation, they are still no match for VC Spectra (SPCT), a new crypto investment platform that has swamped the crypto market.
VC Spectra's (SPCT) real-world utility and impressive price surges have the crypto market watching - here’s why!
VC Spectra (SPCT): Turning Investors Into Billionaires
VC Spectra (SPCT) is a decentralized hedge fund that is innovating in the Fintech industry. It provides five investment funds with high-potential and growth-oriented enterprises in which you may invest and earn huge returns.
When it comes to VC Spectra (SPCT), you don't need any investment or cryptocurrency skills to maximize your rewards. All you have to do is purchase the VC Spectra token, SPCT, select a fund or a few funds, and wait for the returns.
VC Spectra (SPCT) is currently in Stage 2 of its public presale. Each SPCT token is currently going for $0.011, a 37.5% increase from its initial selling price of $0.008 during Stage 1. Furthermore, VC Spectra (SPCT) aims to hit a price tag of $0.08 by the end of its public presale and is already a shoo-in to accomplishing this.
With 37.5% ROI already secured, VC Spectra (SPCT) has 627% ROI left before the end of the presale. Currently, Stage 2 is 62.25% close to ending. When VC Spectra (SPCT) moves to Stage 3, its price will increase to $0.025. This represents a 127.27% increase from its current price. You can invest in VC Spectra (SPCT) now and join the ride of earning returns!
Dogecoin's (DOGE) Whale Transaction Raises Suspicion
On August 9, 2023, Dogecoin's (DOGE) network saw a substantial transfer of 67,881,717 Dogecoin (DOGE) worth over $5 million. The transfer was made to an unknown wallet on Coinbase and sparked a 2.7% increase in Dogecoin's (DOGE) price the following day.
Dogecoin (DOGE) went up to $0.076 on August 10, 2023, from $0.074 on August 9, 2023, due to the transfer. However, Dogecoin (DOGE) plummeted by 1.3% within the last 24 hours and is currently trading at $0.075.
While the exact motives behind the transfer remain uncertain, it comes at a time when Dogecoin (DOGE) is experiencing legal battles, making it intriguing. Dogecoin's (DOGE) number one promoter, Elon Musk, is being sued for Dogecoin's (DOGE) insider trading. The lawsuit claims that Musk manipulated Dogecoin (DOGE), costing Dogecoin's (DOGE) investors billions of dollars.
The case was filed in June 2023 and is still ongoing, with Musk's attorneys trying to have the lawsuit withdrawn. At this time, it remains uncertain the implications this would have on the famous memecoin.
Ethereum (ETH) Remains Bearish Despite Booming Address Accumulation
While Ethereum's (ETH) price has not seen any significant market movement, whale addresses have continued to accumulate. Data shows that over the last five years, Ethereum's (ETH) top ten addresses have increased from $27.86 million to $51.6 billion, indicating a 185,111% increase. They now own a higher share of the total available currency supply.
Yet, Ethereum's (ETH) price remains on the decline. It has been dropping since July 14, 2023, when it declined from the $2,000 price level. Adding on to the momentum, Ethereum (ETH) has seen a 0.16% decline within the last 24 hours, falling from $1,868 to $1,865 between August 9 and August 10, 2023.
On a more positive note, on August 10, 2023, y00ts NFT project announced its migration to Ethereum (ETH). This is accompanied by $3 million flowing into Ethereum's (ETH) network. Chances are, Ethereum's (ETH) community can react positively to the news and help raise its price from its current downtrend. Yet, for those that are not willing to take any chances, SPCT makes more sense for investing in 2023.
To learn more about VC Spectra (SPCT) and its presale, visit:
Buy Presale: https://invest.vcspectra.io/login
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