29 August,2023 01:13 PM IST | Mumbai | BrandMedia
Chainlink (LINK) recently announced the launch of its price feeds on Base, ApeCoin (APE) developed a gamified metaverse world, and VC Spectra (SPCT) continues to attract investor interest. No doubt, these three tokens have shown promise for recovery and long-term potential.
So, let's find out what makes them excellent investment opportunities amidst market volatility.
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On August 9, 2023, Chainlink (LINK) announced the exciting launch of Chainlink Price Feeds on Base, Coinbase's Layer-2 blockchain, through a tweet. This announcement garnered significant interest and bolstered confidence in the Chainlink (LINK) ecosystem.
The news had an immediate impact on the price of Chainlink (LINK), with a notable 6.37% surge within 24 hours. The value of Chainlink (LINK) rose from $7.38 to $7.85, reflecting the positive sentiment surrounding the project.
However, the cryptocurrency market has experienced significant volatility, leading to a gradual decline in the price of Chainlink (LINK). Chainlink (LINK) went from $7.85 to $6.17, marking a 21.4% drop between August 10 and August 22.
Despite the temporary setback, given the recent developments in the Chainlink (LINK) ecosystem, it is expected that the project will gradually recover in the coming months. Investors and enthusiasts remain optimistic about the long-term prospects of Chainlink (LINK) and anticipate a positive trajectory for the project's value.
On July 28, 2023, Yuga Labs, the parent company of Bored Ape Yacht Club, announced that its primary focus going forward would be developing the Otherside gamified metaverse world and utilizing ApeCoin (APE) as the native currency.
The company is working on several other initiatives that will incorporate ApeCoin (APE), such as a decentralized exchange and a play-to-earn video game. The launch of these projects has the potential to increase demand for ApeCoin (APE).
After the announcement, the price of ApeCoin (APE) experienced a decline from $1.95 to $1.75 over the subsequent three days. However, ApeCoin (APE) managed to recover slightly and reached $1.80 by August 1.
Unfortunately, since then, ApeCoin (APE) has been trending downwards, experiencing a 17.22% decline from $1.80 to $1.49 between August 2 and August 22, largely due to market volatility.
ApeCoin (APE) holders are closely monitoring the price movements of APE and eagerly anticipating the upcoming plans of the NFT company, assessing Apecoin's (APE) long-term potential amidst the current market volatility.
Amidst the bearish market conditions, VC Spectra (SPCT) continues to astound investors with a staggering 220% ROI in its ongoing public presale.
VC Spectra (SPCT) is a decentralized hedge fund that offers users quarterly dividends and buybacks based on the profits generated from their investments. Additionally, users gain exclusive access to initial coin offerings (ICOs) during the seed/private sale phase and receive voting rights.
The VC Spectra token (SPCT) is a BRC-20 standard token used for various functions on the Spectra platform, including exchange, decentralized trading, asset management, and transaction fees. VC Spectra (SPCT) token operates on the Bitcoin blockchain and incorporates a deflationary model that gradually reduces the token supply over time through a burn mechanism.
VC Spectra (SPCT) has entered Stage 3 of its public presale at $0.025. As a result, investors who participated in Stage 1 have already enjoyed a remarkable gain of 212.5%. Similarly, Stage 2 investors have seen their investment grow by 127.27%.
For potential buyers considering the current price of $0.025 for VC Spectra (SPCT) tokens, it is important to highlight the potential for a remarkable surge of 220% by the end of the presale, with VC Spectra (SPCT) projected to reach $0.08.
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
"Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions."