The crypto market finds itself in a sudden, forceful downward spiral, affecting once up-trending tokens in Litecoin and XRP. Yet, even in these times, a gem is always around the corner. Here, we have VC Spectra (SPCT), which, in a short period, has already increased over 2x.
This new altcoin is set for further growth as investors scrambled for its tokens in a fast-selling presale. Learn how to get involved later as we look at the latest progress for Litecoin (LTC) and XRP.
Litecoin (LTC) Hits Year-To-Date Low Despite Recent Halving
The historic third halving for Litecoin (LTC), which occurred earlier in the month, is behaving as expected based on previous halvings. While the halving has bullish long-term signals, Litecoin (LTC) investors continue to sell their holdings. Yet, few would have expected Litecoin’s (LTC) price to hit a year-to-date low.
Litecoin (LTC) recently traded at $55.79 for the first time since December 2022, primarily due to the general crypto decline and investors ‘selling the news’ following the halving. Yet, the latter may be one catalyst to revive Litecoin’s (LTC) value in the coming months, as forecasters estimate at least $100 by the year’s end.
Now let’s review XRP, another payments-based coin like Litecoinn (LTC) in the red zone.
Robinhood Rumored To List XRP By End Of 2023
The SEC vs. Ripple lawsuit has been the center of attention for XRP since December 2020. Many believed XRP would have a clear regulatory tag after Ripple scored a partial victory against the SEC last month. Yet, the case remains ongoing, with the strict US financial watchdog recently filing an ‘interlocutory appeal.’
Despite the uncertainty, XRP remains a project with a substantial following and speculative interest. The latest news for XRP involves a rumor of Robinhood listing the token on its by the end of the year.
Given XRP’s regulatory problems in the US, the crypto community has mixed reactions about this potential move. Should it happen, it may be the catalyst to drive XRP up to $1, the maximum target indicated by most forecasters.
Now, let’s decode VC Spectra’s (SPCT) short and long-term potential and how it outperforms its counterparts.
Early Investments In Blockchain and Technology Galore With VC Spectra (SPCT)
VC Spectra (SPCT) introduces a decentralized asset management protocol for the best returns backing emerging, high-potential companies in blockchain and tech while overcoming challenges like risk assessment and financial accessibility.
Moreover, SPCT is a home to managed funds like Nexus Fund and Alpha Matrix Fund. The service relies on an expert team to carefully evaluate each project. VC Spectra also doubles up as an advanced trading platform using many strategies informed by machine learning to cover the risks, making it easier to achieve maximum gains.
Operations on VC Spectra, from portfolio management to the allocation of profits, run with smart contracts, resulting in an intermediary-free environment. The SPCT is another element that empowers SPCT users power with added benefits: voting rights, quarterly dividends, and access to discounted pre-initial coin offerings.
VC Spectra (SPCT) has experienced a steady uptick in its multi-stage presale:
- 37.5% from Stage 1 to Stage 2
- 127% from Stage 2 to Stage 3
A 32% gain is expected for SPCT in the next stage, equaling a new price of $0.033. The ultimate reward will come after the presale, as analysts believe SPCT will trade at $0.08, representing a 220% return for current buyers.
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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