Market volatility and price drops have adversely top coins, including Lido DAO (LDO) and Aptos (APT). Subsequently, some investors are now exploring alternatives, including VC Spectra (SPCT).
VC Spectra growing, attracts investors
VC Spectra is a decentralized hedge fund. Holders of SPCT, the platform’s native token, are entitled to quarterly dividends and buybacks based on investment returns.
The platform is also transparent and aims for accountability. SPCT holders are granted access to early-stage startups.
SPCT complies with the BRC-20 standard on Bitcoin and facilitates asset management, decentralized trading, and seamless exchange. It is also deflationary with a burn mechanism that reduces token circulation over time.
VC Spectra is allocating 40% of its funds to diversified portfolios. Meanwhile, another 40% is for specific crowdfunds and cryptos.
The remainder covers additional expenses, including legal fees, marketing, and fund management.
SPCT is available for $0.011 in stage 2 of the ongoing public presale. In stage 3, early investors will be up 127% as the token sells for $0.025.
Supporters expect more gains as the presale progresses.
LidoDAO is bearish
LDO prices are tumultuous.
Amidst increased market volatility and price correction, LDO has fallen 23.4% from $2.39 to $1.83 in recent weeks.
The contraction has seen its market cap and trading volume plummet by 0.15% and 6.08%, respectively, with investors skeptical about the token’s liquidity and viability.
Earlier this year, Lido Finance launched the Shapella upgrade for its Ethereum (ETH) staking protocol. An insurance fund to address the slashing risks that Lido validators might face, particularly concerning penalties related to downtime or misconduct, has also been added.
For decentralization, Lido DAO made governance adjustments and technical enhancements within Shapella. These developments primarily centered around mitigating risks and enhancing stability.
Analysts predict LDO to rise by 6.5% in the coming weeks to $1.95.
APT is down 8.8% to $7.08 in the past month as investor sentiment shifts. The coin has fallen 64.7% in the past six months, dropping from $20.09.
Accompanying this was a rapid decline in transaction count from over 1.94 million in mid-July to 606,051 as of Aug. 12, a 69% drop.
Despite this, Aptos Labs and Microsoft recently joined forces to fuse artificial intelligence (AI) and blockchain. The goal is to enhance synergy via solutions like the Aptos Assistant.
Aptos Assistant leverages Microsoft Azure’s OpenAI Service, providing developers with essential tools for building smart contracts and decentralized applications (dapps).
With this upgrade, experts forecast APT to rally 3% to $7.32 in the coming weeks.
Learn more about the VC Spectra (SPCT) presale:
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