Why is Terra Classic surging? Can it catch up to Avalanche and VC Spectra?

The Binance exchange recently announced support for the Terra upgrade, resulting in a price surge for Terra Classic (LUNC). Meanwhile, Avalanche (AVAX) bulls hopped on the positive mood in the crypto market, and the token gained over 15% in a day. However, VC Spectra (SPCT) has the best price action in July 2023. The platform raised $2.4 million in private/seed sales and is recording huge numbers in its public presale.

>>BUY SPCT TOKENS NOW<<

Terra Classic (LUNC) Surges After Binance Backs Terra Upgrade

Recently, Binance officially announced its support for the Terra Phoenix Upgrade. This upgrade took place on July 18, 2023, and Binance halted LUNA transactions one hour before this period. By supporting a necessary network upgrade for the Terra ecosystem, Binance triggered a price rally for tokens like Terra Classic (LUNC) in the Terra ecosystem.

Terra Classic (LUNC) traded on high volatility in the second week of July. On July 12, Terra Classic (LUNC) traded at $0.00008197. Forty-eight hours later, Terra Classic (LUNC) rose and sold for $0.00008935 on July 14.

The Binance announcement supporting Terra's upgrade is why Terra Classic (LUNC) is surging. Terra Classic (LUNC) traded at its-7day high of $0.00009573 on July 17. Terra Classic (LUNC) is currently trading at $0.00008823, and its price surge can still catch up with Avalanche's (AVAX) momentum.

Avalanche (AVAX) Surges Amid XRP Court Victory

Avalanche (AVAX) recorded a surge in the number of daily active wallet addresses in April 2023, which declined by 33% in 3 months. Avalanche's (AVAX) price has also steadily declined during this period. However, in July, Avalanche (AVAX) experienced fresh breath when crypto prices surged.

The US SEC recently ruled that XRP does not meet the standard set for a security, and crypto investors reacted by reentering the market en-masse. Avalanche (AVAX) was trading at $12.93 on July 13. Within 48 hours, Avalanche (AVAX) pumped to $15.78. However, Avalanche (AVAX) has lost some of its gains, and the token is currently trading at $14.00. Analysts believe Avalanche (AVAX) will regain its bullish momentum this July.

VC Spectra (SPCT) Set for 900% Surge

VC Spectra (SPCT) is an innovative decentralized hedge fund built to drive development in the blockchain industry through strategic investments. As a VC Spectra (SPCT) holder, you get quarterly dividends and share in profits from buybacks of profitable investments. The VC Spectra (SPCT) platform also grants you access to many successful blockchain companies, exclusive pre-ICOs, and voting rights in promising web3 startups.

VC Spectra (SPCT) has completed 90% of its first presale stage, and the token is selling for $0.008. When all presale stages conclude, VC Spectra (SPCT) will list on major crypto exchanges, and the token will trade for $0.08. As an early VC Spectra (SPCT) investor, you will record a 900% surge in the value of your tokens. Experts believe that Terra Classic (LUNC) and Avalanche (AVAX) bullish momentum is still lagging compared to VC Spectra (SPCT).