With its recent pump, Bitcoin Cash (BCH) is quickly becoming the wild horse of 2023. Meanwhile, Ripple (XRP) ledger EVM sidechain unveils a new test update. What it means for Ripple (XRP) remains to be seen. VC Spectra (SPCT) is aiming high with its public presale.
Bitcoin Cash (BCH): Rise from The Ashes
Bitcoin Cash (BCH) has been on a wild run this month. Since 14th June, Bitcoin Cash (BCH) has gained over 120% and changed its price from $105 to $231 within two weeks.
This sudden surge is attributed to May’s network hard fork, which improved Bitcoin Cash’s (BCH) security and privacy features. Additionally, the plan to produce “CashTokens” may also have played a role in the increased open interest in Bitcoin Cash (BCH) tokens.
Furthermore, listing on EDX markets as well as a notion of a wide array of innovative ideas, such as giving developers the ability to directly develop decentralized applications on the Bitcoin Cash (BCH) blockchain, are part of the reason behind this surge.
Since Bitcoin Cash (BCH) introduced the network hard fork upgrades, the open interest surged over $400 million on 27th June. This only happens when new money flows into the Bitcoin Cash (BCH) network or existing Bitcoin Cash (BCH) holders start increasing their holdings.
Overall, the bullish momentum of Bitcoin Cash (BCH) has propelled it to its yearly high, and there is no sign of a bear market as both the trading volume and market cap look strong.
Ripple (XRP) Ledger EVM Sidechain: A New Test Update Emerges
The Ripple (XRP) Ledger EVM Sidechain, which launched as a joint venture of Ripple (XRP) and Peersyst on devnet last year, has now been updated for development and testing on devnet 2.
Ripple (XRP) Ledger EVM Sidechain on devnet 2 utilizes XLS-38d specification, allowing transactions between Ripple (XRP) Ledger and EVM Sidechain for Ripple (XRP), IOU, and ERC-20 tokens.
Additionally, the block time has been reduced from 5.4 seconds to 3.5 seconds in the new update by Ripple (XRP), ultimately improving chain performance. Ripple (XRP) achieved this by implementing a PoA validator election mechanism and Tendermint upgradation to the BFT Consensus algorithm.
VC Spectra (SPCT) Halfway Through Stage 1 Presale
VC Spectra (SPCT) offers a versatile investment portfolio with professional strategists managing its resources. VC Spectra (SPCT) also provides ICOs for its investors, allowing them to invest in startup projects on the blockchain.
Additionally, there are no VC Spectra (SPCT) blockchain intermediaries, making trades much more manageable. Since VC Spectra leverages AI, it has the latest and greatest technology.
To witness its real-life utility, VC Spectra (SPCT) token private presale events raised more than $2.3 million in 14 days. Moreover, VC Spectra (SPCT) has sold 59% of the available 125 million SPCT tokens for public presale stage 1 at $0.008.
Thereby, VC Spectra (SPCT) is a leading firm aiming to drive innovation through its strategic investments, ICOs, and revolutionizing blockchain with its cutting-edge AI-leveraged technologies.
Furthermore, VC Spectra (SPCT) has a target price of $0.08 for launch, a 900% surge from the current presale price in stage 1. This makes VC Spectra (SPCT) an excellent investment project to keep on your list in 2023.
Learn more about VC Spectra (SPCT) on the following links.
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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