Crypto is a highly volatile market, and fortunes can change instantly. Recent headlines have been dominated by a cryptocurrency whale losing an astonishing $24 million worth of Ethereum (ETH) in one transaction. Meanwhile, VC Spectra’s (SPCT) Stage 3 presale witnessed a 212.5% jump over the past week, attracting seasoned investors and newcomers to the crypto space.
Let’s unravel the best cryptocurrency for beginners: Ethereum (ETH) vs. VC Spectra (SPCT) insights.
Ethereum Whale Falls Prey to Phishing Scam, Loses $24M in Staked ETH
On September 6, 2023, an anonymous crypto whale experienced a financial nightmare after he fell victim to a colossal phishing attack. Shockingly, the theft occurred in just two transactions, one involving the theft of 9,579 stETH and the other taking 4,851 rETH.
At the time of the attack, the stolen assets were valued at $15.5 million in stETH and $8.5 million in rETH, totaling an astonishing $24 million. The attacker wasted no time converting the stolen assets into 13,785 ETH and a substantial 1.64 million DAI.
The remaining stolen assets were transferred to three distinct wallet addresses. For context, ERC-20 tokens introduce a critical functionality known as allowance or access permissions, enabling third parties to utilize smart contracts to spend tokens owned by a different individual.
However, analysts have raised red flags about the vulnerability of allowing anonymous developers to deploy malicious smart contracts, posing a substantial threat to users.
Meanwhile, Ethereum (ETH) traded between $1,626.21 and $1,635.47 over the past week. According to experts, Ethereum’s (ETH) price dynamics are linked to increased market volatility.
Unfortunately, Ethereum’s (ETH) market cap and trading volume plunged by 1.2% and 4.5%, reducing liquidity and trading activity on the Ethereum (ETH) network. So, it’s no surprise investors ask: Should I buy Ethereum?
On the other hand, Ethereum price prediction suggests Ethereum (ETH) will trade between $1,638.12 and $1,646.69 in the coming weeks. Furthermore, Ethereum price prediction indicates the token will soar 31.4% by the end of 2023.
Experts say Ethereum price prediction is based on the network’s impressive growth trajectory as it traverses the crypto space.
Moreover, Ethereum price prediction 2030 indicates Ethereum (ETH) will trade at an average price of $9800 by 2030.
VC Spectra (SPCT) Excites Investors With Presale Success
On the flip side of the cryptocurrency spectrum, Stage 3 of VC Spectra’s (SPCT) presale has been nothing short of a triumph. SPCT is exchanging hands at $0.025, a 212.5% jump from its initial $0.008 price.
Current investors will gain a 32% surge when SPCT reaches $0.033 in Stage 4 and a 220% ROI when SPCT reaches its $0.08 target price. It’s no surprise VC Spectra (SPCT) is regarded as the best crypto to invest in.
Furthermore, VC Spectra (SPCT) offers investors exclusive access to pre-ICOs and diversified portfolios. As the best coin to buy, VC Spectra (SPCT) leverages a meticulous selection process to identify profitable blockchain ventures.
VC Spectra’s (SPCT) decentralized model employs algorithmic and systematic trading strategies to execute profitable trades. Moreover, VC Spectra (SPCT) rewards investors with quarterly dividends and buybacks tied to investment returns.
The blockchain pioneer is set to pay its first dividends to token holders, underscoring its commitment to profitability.
Moreover, VC Spectra (SPCT) investors can choose the top DeFi projects and discounted new ICOs to invest in. They can also invest in funds such as Alpha Matrix, Quantum, and Nexus Fund, among others.
Take advantage of VC Spectra’s (SPCT) presale today and enjoy a 50% bonus on any deposit. Click the links below to learn more about VC Spectra’s (SPCT) unique proposition.
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
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