The unpredictable crypto market constantly reshapes the playing field, bringing some tokens to the spotlight while leaving others in the shadows. Recently, the likes of Render (RNDR) and Cardano (ADA), despite their immense promise, have been slightly overshadowed by a newcomer – VC Spectra (SPCT). Let’s find out why.
Render (RNDR) Witnesses Massive Twitter Growth
According to a report published on July 28, the Render (RNDR) Network Twitter account saw its followers grow by 75%, from 15,229 in Q1 to 26,714 in Q2 of 2023. This boost was due to their new Render (RNDR) Network Foundation launch, expansion, and active community participation.
However, the report didn’t positively impact the price of Render (RNDR), as RNDR has been down by 14.88% in the past 30 days. Meanwhile, Render (RNDR) is trading at $1.66, increasing by 1.57% in the past 24 hours. However, the trading volume of Render (RNDR) is up by 37.03%, reaching $28 million in the same period.
Crypto analysts estimate that by the end of August 2023, the Render (RNDR) price will be between $1.8 and $1.9. Also, the crypto market is currently showing a slight bearish trend. Thus, Render (RNDR) investors are cautious before maintaining prominent positions in hopes of significant profits.
The Cardano (ADA) Ecosystem Is Fighting Another Scam
The Cardano (ADA) network suffered a major setback when a fraudulent scheme led to the loss of 60 thousand ADA tokens. Blockchainmages, a GameFi project, generated excitement in the Cardano (ADA) community before revealing itself as a scam, resulting in significant financial losses for its supporters.
This has created a bearish environment for Cardano (ADA) holders. Currently, Cardano (ADA) is trading at 0.2993, decreasing by 0.32% in the last 24 hours. But, its volume is down by 14.21%, reaching $257 million. The decline in volume and FUD news has significantly impacted the Cardano (ADA) community.
Cardano (ADA) is facing a decline, currently hovering near the $0.29 mark after losing its $0.30 support. The bears push the price down, but many hope the bulls will reclaim control soon. Crypto experts say the upcoming weeks will be crucial in determining the direction of Cardano (ADA).
VC Spectra (SPCT) Is on the Way to 10X ROI
Undoubtedly, VC Spectra’s (SPCT) staggering 900% ROI promise has attracted investors. For investors, the primary goal is profitability, and when a new coin like SPCT in the market promises such impressive returns, it’s hard not to sit up and take notice.
VC Spectra (SPCT) has introduced a groundbreaking decentralized asset management protocol and trading platform. VC Spectra’s potential to revolutionize the fintech and blockchain sectors, offering a secure, transparent, and profitable investment experience, has appealed to many tech-savvy investors.
The deflationary nature of the SPCT token, coupled with its use for exchange, decentralized trading, asset management, and transaction fees, provides multiple avenues for potential value appreciation. With the presale offering a limited-time 25% bonus on deposits, many investors are seizing this lucrative opportunity to enter the VC Spectra (SPCT) community.
VC Spectra (SPCT) is currently in Stage 2 of its public presale since July 19, 2023. At this stage, VC Spectra (SPCT) tokens are priced at $0.011, up from the Stage 1 price of $0.008. Early adopters of VC Spectra (SPCT) could realize 10X gains, as the price is anticipated to reach $0.08 by the presale’s conclusion.
Learn more about the VC Spectra presale:
Buy Presale: https://invest.vcspectra.io/login
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