As Cosmos (ATOM) makes a strong recovery from the June 2023 SEC saga, it has been attracting investors and developers alike. On the other hand, ApeCoin (APE) is struggling to build momentum even as it heads into a historically strong July. There is also a new crypto player on the block that is capturing the attention of investors: VC Spectra (SPCT). This upcoming cryptocurrency raised $2.4 million within two weeks in its seed/private sale, and it has sold over 76% of VC Spectra (SPCT) tokens in Stage 1 of its presale.
Cosmos (ATOM) Goes Bullish After June US SEC Clampdown
After the United States Securities and Exchange Commission (US SEC) listed Cosmos (ATOM) as a security, the price of the token dipped. However, Comos (ATOM) has since recorded renewed interest from developers and investors.
Recently, Neutron (a CosmWasm smart contract platform) raised over $10 million to develop smart contracts on Cosmos (ATOM). Also, Ledger (a hardware wallet provider) has integrated Cosmos (ATOM) into its systems. As a result, users can now send, receive, and stake Cosmos (ATOM) tokens on the Ledger wallet, which could help boost the popularity of Cosmos even further.
Over the past month, the price of Cosmos (ATOM) surged by 15.57% from $8.064 on June 10 to $9.32 on July 10. Furthermore, Cosmos (ATOM) broke through the $10 psychological level as it recorded a 30-day high of $10.0589. Based on ATOM’s strong comeback and its new integrations with other platforms, investors predict that Cosmos (ATOM) will continue on its bull run going into July 2023.
ApeCoin (APE) Shows Weak Momentum and Struggles Into a Historically Strong July
In the past month, ApeCoin (APE) has had a steady price decline, and bears are in control of the token. ApeCoin (APE) lost 16.4% of its value in the last month. The token was trading at $2.2966 on June 10, 2023, and ApeCoin (APE) fell to a 30-day low of $1.8622 on July 7, 2023.
Along with this, ApeCoin (APE) has an unlocking event coming up in the next few days. This will see $34.5 million worth of ApeCoin (APE) released to the market, which will further dilute the token’s worth and push its price down. ApeCoin (APE) is currently trading at $1.92, and the long-term downtrend shows no signs of reversing.
VC Spectra (SPCT) Wows Investors and Wraps Up First Public Presale
SPCT is a decentralized hedge fund built to drive innovative development in the blockchain industry through strategic investments. As an investment platform, VC Spectra (SPCT) possesses laser-sharp precision when it comes to selecting high-potential blockchain projects, valuable ICOs, and promising web3 startups.
By harnessing the power of AI to make smart investment decisions, VC Spectra gathers only the best companies in its portfolios and allocates capital to each of them based on superior risk management strategies. That’s why VC Spectra holders get consistent quarterly rewards and share in profits from buybacks of profitable investments.
Currently, SPCT is in the first stage of its public presale, and more than three-fourths of the 125,000,000 SPCT tokens available have been sold. These metrics show that investors believe in the potential of VC Spectra. SPCT is now selling for $0.008, but when Stage 2 of the presale starts, the token will sell for a 37.5% increase in price at $0.011. When the presale phase ends, SPCT will hit the market and list at $0.08.
For early investors, this translates to a 900% surge in their initial investments. Join smart investors today and bag up SPCT tokens.
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