Drawing a comparison between a newly introduced cryptocurrency and leading digital assets implies noteworthy potential. Does have what it takes to challenge the dominance of Bitcoin (BTC) and Arbitrum (ARB)? Experts say it does. But let’s put this question to the test!
Institutional Investor Interest In Bitcoin (BTC) Spikes
Institutional interest in Bitcoin has seen a remarkable increase. Indications are strong that the SEC might green-light multiple Bitcoin ETF applications by 2024. Additionally, Xverse, a Bitcoin (BTC) wallet supporting only Bitcoin-based networks, raised over $5 million in a funding round, hinting at increased Bitcoin (BTC) usage in smart contracts in the future.
In July, Bitcoin (BTC) reached a price of $31,814. However, it was unable to sustain it, leading to a decline and BTC ending the month at $29,230. Recent Bitcoin (BTC) trends show a slight uptick, with a 2.07% growth within a week.
Yet, in the last 24 hours, Bitcoin (BTC) has fallen 0.6% from $29,561 to the current $29,381. In addition, market experts express a bearish sentiment for Bitcoin (BTC). Technical indicators confirm that Bitcoin (BTC) is trending downwards. Expert projections show that Bitcoin (BTC) may fall to $29,360 by the end of the week.
Arbitrum Develops Its Ecosystem, The ARB Price Doesn’t Follow
Arbitrum (ARB) continues to develop its ecosystem to attract users and investors. A new decentralized asset management platform, Valio, recently launched on Arbitrum (ARB). But while Arbitrum (ARB) has seen a rise in users in 2023, its price has remained relatively stagnant.
Arbitrum (ARB) surged 2.6% from $1.16 to $1.19 last week. In the past 24 hours of trading, Arbitrum (ARB) has lost all its gains from the previous week, falling from $1.19 to $1.16. With a 20% decline in traded volumes in 24 hours, low volatility has caused Arbitrum (ARB) to trade rangebound.
Market experts proffer a bearish sentiment for Arbitrum (ARB). Technical indicators confirm there are more Arbitrum (ARB) sellers than buyers. Expert projections indicate the price of Arbitrum (ARB) may fall to $1.13 by the end of the week.
VC Spectra (SPCT) Profitability Potential Attracts Investors In Droves
VC Spectra (SPCT) is a decentralized hedge fund leveraging AI technology to ease its search for profitable investment targets. Additionally, VC Spectra (SPCT) invests in ICOs and early-stage tech and fintech companies.
Moreover, VC Spectra (SPCT) utilizes algorithmic and systematic trading to ensure profitability. Quarterly dividends, voting rights, and profit sharing are some of the promised investor benefits for VC Spectra (SPCT) investors with more than 500,000 tokens.
Investors in the first presale stage earned 37.5% profit as the presale progressed into the second stage. VC Spectra (SPCT) tokens retail cost $0.011 from $0.008. Only 40% of available tokens in the current presale stage remain for purchase. In the third presale stage, projections indicate a likely 127.7% profit as the VC Spectra (SPCT) may rise to $0.025.
VC Spectra (SPCT) predicts it will list on popular exchanges at $0.08, representing a 900% profit for early investors and 627% ROI if you buy in the current stage.
The potential returns VC Spectra (SPCT) can earn its investors makes it a crypto titan at the level of Bitcoin (BTC) and Arbitrum (ARB).
Find out more about the VC Spectra presale here: