VC Spectra (SPCT) raised $2.4 million in its private/seed sale, and it is reporting strong demand for its Stage 2 presale. Meanwhile, despite Cardano’s (ADA) notable advancements, its price performance is unremarkable. On the other hand, Neo (NEO) has garnered attention in Asian markets, even amidst uncertain regulations, but its price is not as responsive.

As enthusiasm surrounding VC Spectra (SPCT) and its remarkable surge continues to rise, investors are redirecting their focus away from Cardano (ADA) and Neo (NEO). Here’s why!

VC Spectra (SPCT) Emerges as a Prominent Player in the Crypto Industry

VC Spectra (SPCT) is a decentralized hedge fund that provides the opportunity to infuse in the blockchain without users having any experience in the field. Furthermore, the platform uses AI technology and algorithmic and systematic trading strategies to find the best projects with maximum yields and minimal risks.

VC Spectra token, SPCT, is a BRC-20 standard token used for exchange, decentralized trading, asset management, and transaction fees on the Spectra platform. It is deflationary built on the Bitcoin blockchain, with a burn mechanism reducing token circulation over time.

VC Spectra (SPCT) is in Stage 2 of its public presale, trading at $0.011, up from the $0.008 Stage 1 price. Realizing a 37.5% ROI for Stage 1 investors, Stage 3 will increase by 127.27% as the price climbs to $0.025.

When VC Spectra (SPCT) presale ends, experts believe that SPCT will trade at $0.08, which will mark a 900% surge from the initial price and 627% from Stage 2’s value. VC Spectra (SPCT) is also offering a 25% bonus on all current deposits.

Cardano’s (ADA) Price Experiences a Decline Despite Several Development Projects

Cardano (ADA) reached a high of $0.37 on July 14, following Ripple’s legal victory against the SEC. However, on July 15, Cardano’s (ADA) price declined to below the $0.34 mark, and it has not gone past that since. As of August 11, Cardano’s (ADA) price was $0.30, reflecting a 19% decline from July 14’s value of $0.37.

Cardano (ADA) implemented significant developments in 2023 that may contribute to its price growth.

On June 1, 2023, Cardano (ADA) implemented CIP-1694, which proposes implementing a Minimum Viable Governance (MVG) framework in the Cardano (ADA) blockchain protocol.

Among Cardano’s (ADA) other recent advancements is its involvement in Project Catalyst, a decentralized grant fund unveiled on June 7, 2023. Also, on August 1, 2023, Cardano announced the upcoming deployment of modifications to its protocol through the ingenious Mithril mechanism.

Analysts predict that Cardano’s (ADA) price could exceed $0.4 by the end of 2023.

Neo (NEO) Still Struggling to Reclaim the $9.00 Price Threshold

At the beginning of Q2, 2023, Neo (NEO) experienced a surge reaching a value of $10.68. However, Neo’s (NEO) price declined to $8.70 on July 10. After a favorable court ruling in the SEC vs. Ripple case on July 13, NEO’s price increased to $9.72

Neo (NEO) maintained a price level above $9.00  from July 13 until July 25, when it declined to $8.7. On August 11, Neo’s(NEO) price was $8.48, with a trading volume of $18.7 million. The price was down by 20.6% from its July 1 high of $10.68 and 95.7% from its all-time high of $196.85.

Neo (NEO) ventured into AI in the first quarter of 2023, creating user excitement. However, the reasons for Neo’s (NEO) current decline are unclear.

Analysts say the chances of Neo (NEO) recording a price surge in Q3 2023 are slim. 

Learn more about the VC Spectra presale here:

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

Website: https://vcspectra.io/

Twitter: https://twitter.com/spectravcfund

Telegram: https://t.me/VCSpectra

Chainbits is not the source of this content. This article is provided for educational purposes only. Users should exercise caution with investing/dealing with cryptocurrencies and do thorough research prior.