BNB and Maker investors considering VC Spectra in ongoing presale
There are now over 150 million Binance users but BNB’s performance remains lackluster. In contrast, Maker (MKR) is resilient amid rising adoption for the DAI algorithmic stablecoin.
Investors are now turning their attention to VC Spectra (SPCT), whose presale is in progress. Bulls are confident in SPCT’s prospects.
BNB Chain prepares for upgrade
As Binance prepares for a network upgrade amid expanding operations and regulatory challenges, BNB’s performance is underwhelming.
The latest proof-of-reserve report indicates a 1.4% decrease in user balances for BNB, totaling 423,000 BNB.
Artemis data further highlights declines in fees, revenue, and transactions.
While an upcoming BNB Chain update could address these concerns, the current price of $243, close to its year-to-date low, paints a cautious picture.
Forecasts suggest a modest target of $300 in the coming months, given the current state.
Focus on DAI, Maker After EDSR
Turning to Maker, the introduction of the Enhanced Dai Savings Rate (EDSR) on July 19, 2023, saw a notable uptick in DAI deposits, rising 76% from 339 million to 556 million DAI.
Although Maker’s price has dipped by 12% from $1369 to $1202, it remains a significant player in the decentralized finance (defi) landscape.
Despite recent declines in active addresses and social dominance, Maker’s performance in 2023 has been firm and could reach $1,750 by year-end.
Exploring VC Spectra
VC Spectra is a decentralized hedge fund specializing in firms using emerging technologies.
Backed by a diverse team of experts, the platform offers rigorous due diligence. It employs advanced trading strategies, including machine learning, to manage risk and pursue alpha.
VC Spectra aims to democratize participation, welcoming investors regardless of their background. Smart contract automation ensures equal and intermediary-free service for all. The platform’s utility token, SPCT, offers holders dividends, voting rights, and discounted pre-launch access for startups.
Amid its presale, SPCT is up 60% in stage 2 and is available for $0.011.
In stage 3, SPCT prices will rise to $0.025.
Early investors in SPCT could realize gains once VC Spectra officially launches.
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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