Investors tracking VC Spectra, XRP, and Shiba Inu in 2023
With less than four months remaining in 2023, investors continue their profit maximization quest, exploring top cryptos to invest in. Familiar names in XRP and Shiba Inu (SHIB) have historically proven their worth. However, despite being a new project, VC Spectra (SPCT) is emerging as an alternative, considering its performance in the ongoing presale.
Before delving into the recent XRP and SHIB updates, let’s look at VC Spectra and understand why investors are interested.
VC Spectra and ROI
Decentralized asset management for new blockchain and technology ventures is centered around VC Spectra. The platform aims to offer high returns via machine learning-backed trading strategies and rigorous due diligence. VC Spectra also participates in the startups’ seed and Series A funding.
The portal facilitates P2P trading via smart contracts, automatically distributing profits and securely holding funds without human involvement.
Investors are also looking at the project due to its native token, SPCT. This utility token offers benefits such as dividends through buybacks, voting rights, and exclusive access to startup funding rounds.
In stage 3 of the VC Spectra presale, SPCT is available for $0.025. Investors who buy the token at this stage stand to gain 220% once the platform launches. However, the project’s developers expect SPCT to post even more gains in the future.
Western Union to explore XRP technology
Recently, Western Union and Ripple strengthened their partnership. In a conference call, the Western Union CEO suggested integrating XRP.
Traditional financial companies continue to show interest in harnessing Ripple’s technology to cut costs and boost efficiency. While this supported XRP, prices remain underwhelming.
Part of this contraction can be due to the ongoing Securities and Exchange Commission (SEC) vs. Ripple lawsuit. The SEC said it would appeal the July 2023 ruling, an announcement that forced XRP back to $0.51.
Based on price predictions, analysts say XRP will unlikely retest $0.93 in 2023.
Shiba Inu relaunches Shibarium
After some costly software bugs, Shibarium is live, this time with no hiccups. There are currently over 100,000 addresses on the blockchain.
Shiba Inu confirmed that Polygon developers came to their aid. This is good news for SHIB holders since Shibarium can be transformative for the meme coin project.
Meanwhile, BitMEX added two perpetual futures contracts markets for SHIB.
Analysts expect SHIB to retest $0.0000113, marking a 40% increase from spot rates at around $0.00000810.
Although SHIB may recover, SPCT is expected to surge by 220%, with even more growth potential in the coming months.
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:Â https://twitter.com/spectravcfund
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