Shibarium’s impact on SHIB examined as investors explore VC Spectra

Shibarium, which launched on Aug. 15 and 16, 2023, has some enthusiasts curious about its impact on the Shiba Inu (SHIB) ecosystem.

SHIB holders were confident, but prices saw double-digit losses in August. Meanwhile, investors are monitoring VC Spectra (SPCT) closely.

September can be eventful for Shiba Inu

August 2023 marked a significant period of activity for Shiba Inu with the official launch of Shibarium.

Shibarium was developed to augment Shiba Inu’s capabilities and gradually evolve its narrative away from being solely a meme coin.

However, Shibarium is yet to deliver, and the platform was allegedly rug-pulled on Sep. 4. 

According to observers, unknown actors withdrew tokens and quickly sold them for around 394 BNB.

In other news, a Shiba Inu whale transferred 4.6 trillion SHIB from Bitvavo exchange to an unknown wallet on Sep. 4.

According to Arkham Intelligence, a crypto monitoring platform, Bitvavo currently holds 250 million SHIB, estimated to be worth around $1.93 million at spot rates. 

The transfer seemed to have spooked off SHIB holders, forcing some to sell. 

On Aug. 15, 2023, SHIB traded at $0.000009864, but the token shaved off more than 23.03% in less than a month. Presently, the token is changing hands at $0.000008. 

Still, analysts are bullish, expecting SHIB prices to edge higher if Shibarium succeeds. 

Investors exploring VC Spectra in Q3 2023

VC Spectra is a decentralized hedge fund aiming to drive innovation and development in web3. The platform seeks to strategically invest in new crypto, fintech, and decentralized finance (defi) companies. 

As a decentralized asset management protocol, VC Spectra leverages the blockchain to deliver a fair, decentralized, democratic, and transparent platform.

SPCT holders can access various perks, such as quarterly rewards and a share of profits from company acquisitions.

Furthermore, token holders can access various promising blockchain projects in their early phases, receive exclusive invitations to private seed sales, and obtain voting rights in emerging web3 enterprises, among other benefits.

 VC Spectra relies on experienced investment experts to vet and identify opportunities.

VC Spectra presale is ongoing and in stage 3. In stage 4, SPCT prices will rise 32% to $0.033. 

At the end of the presale, analysts expect SPCT to list for $0.08 in major exchanges, benefiting early adopters.

Learn more about the VC Spectra (SPCT) presale here:

Presale: https://invest.vcspectra.io/login 

Website: https://vcspectra.io/ 

Telegram: https://t.me/VCSpectra 

Twitter: https://twitter.com/spectravcfund