Ethereum (ETH) continues to attract significant interest from major stakeholders, who are actively accumulating more tokens. In addition, Stellar (XLM) has witnessed a significant price increase driven by positive market sentiment and increased adoption. Meanwhile, VC Spectra (SPCT), a decentralized hedge fundhas become a prominent player in the altcoin market, attracting investor attention and driving growth.
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Despite the near-term bearish outlook, Ethereum (ETH) Whales continue to buy
Recent data from DeFillama shows that the total amount of Ethereum (ETH) locked on liquid staking derivatives (LSD) protocols is exceeded 10 million.
In particular, a smart whale has made significant strides in the Ethereum market, Transfer 25,000 ETH (worth over $47 million) to the Binance exchange. Then the whale 16 million withdrawn USDT from the same exchange after selling part of their Ethereum (ETH) holdings. It is estimated that the whale still has about 8,000 unsold Ethereum (ETH) on Binance, with a potential profit of $14.7 million.
The whale sell-off affected the price of Ethereum (ETH), leading to a temporary drop of nearly 2%. However, Ethereum (ETH) has since recovered those losses and even continued to growrising by 1.02% total in the last 24 hours. At the time of writing, Ethereum is trading up $1,868.
Stellar (XLM) Soars to 70-Day High: Price Forecasts and Investor Sentiment
Stellar (XLM) recently experienced a significant price increase, reaching a 70 days high. This impressive performance can be attributed to several factors, including the Stellar (XLM) partnership with Coinbase.
In a period when the cryptocurrency market has struggled to maintain momentum, Stellar (XLM) has been steadily rising, demonstrating its resilience and potential. Analysts believe that the USDC approval on Stellar (XLM) from Coinbase has been a major driver of this impressive achievement.
Looking at the recent price performance of Stellar (XLM), it does showed strength and resilience. Despite a negative market period that started in March, Stellar (XLM) bottomed out around $0.075 in mid-June. However, the recent surge pushed the price of Stellar (XLM) up by as much as 40%, positioning it as one of the top performing cryptocurrencies.
At the moment of writing, Stellar costs $0.102shows one 1.44% increase in the last 24 hours. In the past 7 days, the Stellar (XLM) has had a remarkable increase of more than 24%.
VC Spectra (SPCT) is driving Altcoin’s growth with an innovative investment approach
VC Spectra (SPCT) is with the at the forefront of stimulating innovation through strategic investments and initial coin offerings (ICOs). With a focus on leveraging advanced technologies, VC Spectra (SPCT) is enabling financial growth identify opportunities with high potential and leveraging its industry expertise.
The VC Spectra (SPCT) investment team follows suit a meticulous selection process to identify promising investment opportunities. Through extensive research and analysis, VC Spectra (SPCT) carefully evaluates projects and allocates capital based on its investment strategy.
Usually VC Spectra (SPCT) focuses on start-up companiesproviding seed or series A financing to support their growth and scalability. VC Spectra (SPCT) aims to actively collaborate with portfolio companies. generate value and maximize returns for its investors.
With his public presale enters phase 2VC Spectra (SPCT) will experience significant 37.5% growth in its token price to $0.011. Better yet, the expected price of the VC Spectra (SPCT) token by the end of the public presale is $0.08, which translates to a 900% increase from the current price of $0.008.
Read more about the presale of VC Spectra here:
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