Hedera (HBAR) declined significantly between August 14 and August 22. Meanwhile, Pepe (PEPE) followed a similar path, losing about a third of its value since July 24. As both coins fell in price, VC Spectra (SPCT) sparked investors' curiosity by raising $2.4 million in its private sale.
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Similar to Hedera (HBAR), Pepe (PEPE) might make sense for long-term holding. But if you are up for quicker gains, VC Spectra (SPCT) is the way to go!
Let’s see whether HBAR and PEPE can rebound soon. Moreover, what makes SPCT one of the top tokens on the market?
Hedera (HBAR) Skyrockets in Reaction to Federal Initiatives
On August 14, 2023, Hedera (HBAR) outshone its counterparts, soaring by 16% in just 24 hours, from $0.056 to $0.065. This rise followed the U.S. Federal Reserve's FedNow's recent addition of Dropp, a micropayment platform built on Hedera (HBAR), into its list of service providers.?
Integrating Hedera (HBAR) into a U.S. regulatory body's ecosystem should have led to a boost in publicity for Hedera (HBAR). Yet, around a week later, on August 22, Hedera (HBAR) was evaluated at $0.060, indicating a 7.6% decrease from August 14. This was the effect of the bearish trend overtaking the overall crypto market during this time.
As of August 22, Hedera (HBAR) continues to face a downward trajectory and does not seem likely to rise in the short term. Yet, based on its recent developments, experts say Hedera (HBAR) makes for a viable long-term investment.
VC Spectra (SPCT) Achieves Staggering Growth
VC Spectra (SPCT) operates as a decentralized hedge fund, combining fintech and blockchain. It leverages trading methodologies and artificial intelligence to identify lucrative investment windows.
Its native token, SPCT, is a BRC-20 token that integrates a deflationary burn mechanism into its framework. This strategy significantly enhances VC Spectra (SPCT) worth by systematically lessening its supply over a period of time. But there are other ways, like price appreciation, you can use to reap returns from VC Spectra (SPCT).
VC Spectra's (SPCT) is currently in Stage 3 of its presale, priced at $0.025. Investors from Stage 1 have already seen an increase of 212.5%, while those from Stage 2 have earned a 127.27%gain. Purchasing SPCT tokens at the current price of $0.025 would lead to a potential 220%gain by the conclusion of the presale, given that SPCT is projected to reach $0.08.?
Furthermore, VC Spectra (SPCT) has a limited-time promotion offering a 25% bonus on all deposits.?
However, not every currency is doing as well as VC Spectra (SPCT). For instance, Pepe faces a downward trajectory, so let’s discuss its condition.?
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Pepe's (PEPE) Social Indicators Fall Along With its Price
According to data released on August 8 by ICO Analytics, Pepe was the most frequently talked about cryptocurrency on Twitter in July. Interestingly, PEPE even outpaced the discussions around the two dominant cryptocurrencies – BTC and ETH.?
However, this buzz did not last for too long. Santiment data shows that Pepe’s social importance actually declined between July 19 and August 21. It stated that Pepe's social significance declined by 63.2%.
Moreover, on July 24, the price of Pepe was $0.0000015. By August 22, its price had fallen to $0.0000010. This indicates that Pepe fell by 33% over the month.?
And while its social presence grows, it shows no signs of recovering value in the near future based on recent performance. However, since meme coins are primarily led by market trends and the prevailing market sentiment, Pepe (PEPE) can explode in value as soon as the market takes a better turn.
Similar to Hedera (HBAR), Pepe (PEPE) might make sense for long-term holding. But if you are up for quicker gains, VC Spectra (SPCT) is the way to go!
Find out more about the VC Spectra (SPCT) presale here:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra?
Twitter: https://twitter.com/spectravcfund