The crypto ecosystem experienced a decline in market sentiment leading to a bearish market trend due to SEC regulatory action. Still certain altcoins show resilience amid the challenging market conditions, pointing to potential gains in July 2023: eCash (XEC), VC Spectra (SPCT), and VeChain (VET). Out of the three, VC Spectra has emerged as one leading contender because of the significant return on investment.
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eCash (XEC) shows potential with its price set to skyrocket
During the legal process brought by the Securities and Exchange Commission against Binance and Coinbase, eCash (XEC) avoided classification as an unregistered security. Yet the month of June witnessed it both positive and negative developments for eCash (XEC).
Before the declarations, the value of eCash (XEC) was approx $0.0000245. However, it was overrun 20% within five days. Then, on June 29, eCash (XEC) showed a marginal increase.
eCash (XEC) increased by approx 33% from June 5 and over 70% of the lowest point within the month. The status of eCash (XEC) indicates that it is above the 200–day simple moving average (SMA) and the 50 days SMA. The prevailing bullish sentiment indicates that market participants are a optimistic view regarding the future price performance of eCash (XEC). However, it seems that eCash (XEC) is no match for VC Spectra.
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VC Spectra (SPCT) outperforms its competitors
VC Spectra (SPCT) is one decentralized hedge fund that offers numerous profitable investment opportunities driven by community participation. The platform uses advanced AI trading systems to select the most lucrative options in blockchain projects and technology startups.
Crypto whales choose to invest in VC Spectra (SPCT) for several compelling reasons. VC Spectra (SPCT) offers users optimal returns from investments in diverse token ranges and niche markets, thanks to its exceptional precision and thorough risk assessment possibilities. It also rewards investors with quarterly dividends and buybacks.
VC spectra (SPCT) BRC-20 token contains a deflationary mechanism causing the circulation to gradually decrease. The token offers several benefits, including privileged access to pre-ICO discounts And voting rights for future investments.
Investors have acquired 77,562,340 VC Spectra (SPCT) tokensfor what 62.05% of the offer available during phase 1 of the presale. There will be a remarkable one 37.5% return on investment in Phase 2 alone, with the price expected to rise $0.011.
In addition, early VC Spectra (SPCT) is expected to receive investors 10x or 900% ROI after the close of the pre-sale, as the price of the token is expected to increase from the current value of $0.008 Unpleasant $0.08.
Will VeChain (VET) have an impact in July?
Includes VeChain (VET) in the Coinbase list resulted in a significant increase of approximately 18%. After the announcement, there was a substantial inflow of investment towards VeChain (VET), resulting in a temporary increase $0.020, then settled at $0.018.
In June, VeChain (VET) exhibited a continued positive trend for three consecutive days, after which a significant decrease occurred. VeChain (VET) performance was primarily favorable. However, it is uncertain whether the altcoin can sustain this trend in July 2023.
The future of VeChain (VET) is insecure, as different experts have different opinions. Some are optimistic about a positive market trend, while others are skeptical. On-chain stats and price forecasts indicate a pessimistic outlook for VeChain (VET) in July 2023.
According to the technical analysis, the prediction for VeChain (VET) gives a mostly bearish sentiment, accounting for 79% of the outlook, while bullish sentiment only accounts for 21%. So while vocational education and training may seem attractive at first glance, the reality seems to be different.
Read more about the presale of VC Spectra here:
Buy presale: https://invest.vcspectra.io/login
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