Amid the challenges faced by Cardano (ADA) and Bitcoin (BTC), a groundbreaking project has emerged and it seems to be capturing investors’ attention. VC Spectra (SPCT) is a novel decentralized hedge fund that successfully secured $2.4 million in its private presale. Early VC Spectra (SPCT) investors are poised for an astounding 900% profit at the end of the public presale phase.

Bitcoin (BTC) Massive Volatility is Imminent After Recent Drop

The unexpected increase of 10,000 BTC in Bitcoin’s (BTC) exchange balance on July 28 sparked concerns within the market community of investors and enthusiasts. The sudden movement of Bitcoin (BTC) tokens affected the cryptocurrency landscape, speculation has intensified about the potential consequences for Bitcoin’s (BTC) price volatility.

In that context, the main worry of the unexpected rise of BTC is a possible drop in Bitcoin’s (BTC) price. When the supply of Bitcoin (BTC) on cryptocurrency exchanges increases, it points to a higher possibility for holders to sell, in turn, affecting the price of the crypto negatively.

After its climb to a peak of $31,500 this year, Bitcoin (BTC) has maintained a considerably stable trajectory. Nonetheless, the drop below $30,000 serves as a major warning to investors, pointing to a possible upcoming spike in price volatility.

In the meantime, Bitcoin (BTC) is trading at $29,049.86, down 0.06% in the past 24 hours. Also, Bitcoin’s (BTC) trading volume has recorded a huge drop, shrinking by 40.18%. But, indicators suggest that the dip in Bitcoin (BTC) might only be a brief correction within an imminent strong bullish pattern.

Cardano (ADA) Is Stable But Still Down

Cardano (ADA) started dropping after allegations from the US SEC that it is a security came to light. In that context, Robinhood, a prominent trading platform, took the step of delisting Cardano (ADA) because of its uncertainties regarding the token.

Fortunately, Cardano (ADA) rebounded with the launch of Hydra Head, its unique scaling tool that intensified pressure on the coin. In the past month, Cardano’s (ADA) price increased by 5.53%.

But then the bears returned to the market because Cardano (ADA) confirmed its registrations for the 2023 summit community-led events. The pressure affected Cardano (ADA) and pushed it lower. However, all that seems to be changing.

Today, Cardano (ADA) is trading at $0.2933, up 0.08% in the past 24 hours. The slight price increase can be attributed to the reduction in pressure from the 2023 summit. Notably, Cardano’s trading volume is down 21.46%.

According to analysts, Cardano (ADA) might continue with its upside momentum since the summit normally expands its community. Cardano (ADA) is forecast to rise to $0.3325 by the end of 2023.

VC Spectra Profits Still Undisputed

VC Spectra (SPCT) is an emerging decentralized hedge fund offering investors quarterly dividends, investment profit-based buybacks, ICO access, voting rights, peer-to-peer trading, and intermediary-free asset management.

VC Spectra (SPCT) helps in finding lucrative investment prospects by using risk management principles like algorithmic and systematic trading strategies to evaluate multiple cryptocurrency projects. The process used by VC Spectra (SPCT) is underpinned by a transparent and trustless blockchain infrastructure.

In that context, VC Spectra also has native SPCT tokens, which garnered $2.4 million in the initial private seed sale. These VC Spectra (SPCT) tokens support decentralized exchange, trading, asset management, and transaction fee payment. Moreover, VC Spectra (SPCT) tokens adhere to the BRC-20 standard and operate on a deflationary model, integrating a burn mechanism to help regulate token circulation.

Currently, in Stage 2 of the public presale, VC Spectra (SPCT) tokens recorded a significant 37.5% price increase from their Stage 1 value of $0.008 to $0.011. VC Spectra (SPCT) Stage 2 buyers also get a 25% bonus on their investment. Moreover, Investors who buy VC Spectra (SPCT) in Stage 2 are set to get an impressive 627% profit at the end of the public presale.  

Learn more about VC Spectra (SPCT) and its presale:

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

Website: https://vcspectra.io 

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund

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.