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Cosmos (ATOM) & EOS Struggle: A Green Light for VC Spectra’s (SPCT) Rally?

Bitcoinist
by Bitcoinist
Last Updated: September 14, 2023 6:29 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

As the cryptocurrency market faces a bearish trend, Cosmos (ATOM) and EOS crypto investors are increasingly turning to VC Spectra (SPCT) as a more promising option. This decentralized investment protocol’s rising adoption could lead to a bullish trend.

Let’s discover why VC Spectra (SPCT) is considered the best cryptocurrency for potential significant gains. Moreover, can Cosmos (ATOM) and EOS (EOS) compete?

>>BUY SPCT TOKENS NOW<<

Cosmos (ATOM) Tanks Despite Ecosystem Growth

On August 16, the Cosmos (ATOM) blockchain underwent a v11 upgrade. This upgrade aims to update the core dependency level of the Cosmos crypto mainnet, remove liquidity modules, and momentarily suspend active ATOM transactions.

However, the price of Cosmos Crypto experienced a decline after the upgrade. Specifically, Cosmos ATOM dropped by 3.91% on the same day, falling from $8.12 to $7.58. Essentially, the news wasn’t strong enough to battle the bear market taking over.

Moreover, the Cosmos crypto has continued dropping, marking another 16% fall for ATOM to trade at $6.37 on September 12.

Yet, as the Cosmos ATOM ecosystem continues to see more developments, analysts predict a 30% increase in the Cosmos crypto price from its current level. Specifically, ATOM is expected to reach $8.41 by October.

EOS Publicly Accuses Block.One of Foul Play

On August 8, the EOS Network Foundation (ENS) urged defendants not to accept a $22 million payment from Block.one. For context, in 2018, Block.one raised $4 billion in the EOS crypto initial coin offering (ICO) but did not distribute the funds as intended to compensate the EOS community.

The EOS Network Foundation (ENS) also emphasized that the $22 million offered was significantly less than the actual amount generated. ENS also pointed out the questionable $1 billion investment made by Block.One into the EOS ecosystem.

Hence, investors have adopted a wait-and-see approach amid concerns about issues within the EOS crypto network. During this period, EOS crypto has experienced a downtrend, with the price dropping by 23.08% from $0.756 on August 8 to $0.566 on September 12.

This decline in the EOS crypto price is attributed to a drop in trading volume. Consequently, analysts anticipate further declines for EOS, with the price expected to reach $0.4152, representing another 27.5% loss.

VC Spectra (SPCT) Is On Its Way To The Moon

Given VC Spectra’s (SPCT) strong performance during its public presale, investors are increasing their holdings within the blockchain. VC Spectra (SPCT) is a decentralized hedge fund that provides attractive investment opportunities and is known for its efficiency, reliability, and enticing benefits.

SPCT, the native token of VC Spectra, operates on the BRC-20 layer of the Bitcoin blockchain. Consequently, SPCT includes a burning mechanism designed to decrease the token’s circulating supply. The VC Spectra (SPCT) blockchain serves purposes such as asset management, decentralized trading, and facilitating easy transactions.

VC Spectra (SPCT) users enjoy early access to new ICOs and the ability to exercise their voting rights within the protocol. SPCT investors are also eligible for quarterly dividends and participation in a buyback program.

SPCT is presently in the third stage of its public presale, priced at $0.025. It is set to progress to the fourth stage with a price of $0.033. By the conclusion of the presale, SPCT will be valued at $0.08, representing a substantial 220% increase from its current price.

So, for investors seeking the best cryptocurrency with a prospect for significant ROIs, VC Spectra (SPCT) is a suitable alternative!

Learn more about the VC Spectra presale here:

Presale: https://invest.vcspectra.io/login

Website: https://vcspectra.io

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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