Decentralized hedge fund VC Spectra’s (SPCT) price continues surging during the public presale, inching closer to its $0.08 target. Pepe (PEPE) and Optimism (OP), on the other hand, aren’t looking as promising. New research from SingularityDAO has suggested that Pepe (PEPE) might have only favored the earliest investors, while Optimism (OP) is already being overshadowed by Coinbase’s new Base blockchain.
Let’s delve into the details: Can PEPE and OP catch up to SPCT this 2023?
VC Spectra’s (SPCT) Presale Draws Widespread Interest
VC Spectra (SPCT) operates as a community-led decentralized hedge fund, capitalizing on highly profitable opportunities in the crypto and fintech industries. VC Spectra (SPCT) users gain access to a wide array of tokens and specialized markets, and they also enjoy quarterly dividends and buybacks derived from the profits of their investments.
VC Spectra (SPCT) employs thorough risk assessment and state-of-the-art AI trading algorithms to select the most profitable investment opportunities, ensuring optimal gains while minimizing risk.
Presently, VC Spectra (SPCT) is in the second phase of its public presale, with a token price of only $0.011. Investors who buy SPCT now could potentially witness gains of 127.27% as VC Spectra (SPCT) advances to Stage 3, where SPCT will achieve a value of $0.025.
VC Spectra’s (SPCT) value is forecasted to rise to $0.080 as it progresses through subsequent presale stages. Consequently, Stage 2 participants will secure up to 627% gains before VC Spectra (SPCT) becomes available on exchanges, along with a supplementary 25% bonus on all deposited funds.
Pepe (PEPE): Hallmarks of Market Manipulation
On August 12, 2023, Pepe (PEPE) was valued at $0.0000013, marking a dramatic 69% decrease from its May 5 peak of $0.0000042. This sharp decline took place within a week in May due to negative investor sentiment. Since its May high, Pepe (PEPE) has faced a drop in its price, drawing parallels with the notorious “pump and dump” tactics.
In the last few months, Pepe’s (PEPE) price has been hovering between $0.0000012 and $0.0000020.
On June 7, 2023, a Coindesk article highlighted that the majority of Pepe (PEPE) investors didn’t enjoy notable profits, while early birds bagged the maximum benefits. Shockingly, over 80% of the potential earnings were seized within PEPE’s first week of launch, with its market value skyrocketing from just a few tens of thousands to $33 million.
Moreover, whales possess nearly 25% of Pepe (PEPE). Other significant investors have a grip on 46% of the available supply, giving a limited group of traders considerable sway over its pricing.
Overall, the recent unimpressive price trends of Pepe (PEPE) imply limited growth prospects for this meme-based cryptocurrency in 2023. Naturally, investors turn to more viable alternatives, such as VC Spectra (SPCT).
Optimism (OP) Overshadowed by Newly Launched Base
In the midst of its prolonged decline, Optimism (OP) recently pushed above the $1.81 level on August 8, 2023. Optimism (OP) has, however, faced a 13.8% change in four days, dropping from $1.81 to trade at $1.56 on August 12.
Though potential gains are anticipated for OP, analysts warn of possible downward movement in the future. Optimism (OP) could see an extended price drop to support levels around $1.439 and $1.086. With Optimism (OP) currently overbought, investors must exercise caution as further downside is imminent.
The daily active users of Coinbase’s new blockchain, Base, have surged to a new record high of 136,000. This growth was primarily driven by the activity surrounding Friend.Tech, a social network platform. This surge has propelled Base’s user numbers past those of Optimism (OP), despite being launched just two days ago, on August 9, 2023.
Optimism’s (OP) overshadowing is indicative of users’ growing disinterest in the platform.
Learn more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
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