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Home > Brand Media News > Bearish Market Conditions Solana Avalanche and VC Spectra Keep Their Bullish Momentum

Bearish Market Conditions: Solana, Avalanche, and VC Spectra Keep Their Bullish Momentum

Updated on: 12 July,2023 05:47 PM IST  |  Mumbai
BrandMedia | brandmedia@mid-day.com

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Amidst the bearish market sentiment, three cryptocurrencies have stood their ground. Solana (SOL) recorded an extraordinary inflow of over $1 billion in just 24 hours. Furthermore, Avalanche (AVAX) has accomplished a remarkable feat by exceeding 500 million transactions.

Bearish Market Conditions: Solana, Avalanche, and VC Spectra Keep Their Bullish Momentum

 


 


But that’s just the tip of the iceberg! VC Spectra (SPCT) has demonstrated its utility and profitability, with investors purchasing its token at a bargain price of $0.008. Let’s find out why VC Spectra (SPCT) is making headlines in the crypto space.


>>BUY SPCT NOW<<

Solana's (SOL) Meteoric Rise Defies Gravity, Attracts Massive Investor Sentiment

Solana (SOL) has shaken the crypto industry with its impressive price dynamics. In the past 24 hours, Solana (SOL) surged by 2.14%, from $21.38 to $21.85. Analysts say Solana’s (SOL) bullish momentum can be attributed to its high TVL, positive market sentiment, and various upgrades on its network.

Solana Labs is actively working on AI tools to aid prospective NFT buyers in deciding which collection best fits their preferences. Despite lower valuations of its minted NFTs compared to Ethereum's Bored Ape Yacht Club and Azuki NFTs, Solana (SOL) has been making significant progress in growing its ecosystem.

Moreover, Solana Labs unveiled the "Saga" Web3 smartphone, featuring a built-in Solflare crypto wallet for seamless access to decentralized applications on Solana's (SOL) fee-free app store. So, analysts indicate Solana (SOL) can go through a bullish surge in the coming months, rising to $24.78.

Avalanche (AVAX) Defies Market Expectations with Unstoppable Bullish Momentum

Against all odds, Avalanche (AVAX) has skyrocketed by 6.84%, from $12.679 to $13.61 in the past 24 hours. Avalanche’s (AVAX) upward momentum is attributed to its massive transaction volume, with the platform recording over 500 million transactions, according to experts.Moreover, the indispensable support provided by subnets has been a driving force behind Avalanche's (AVAX) notable growth.

Although subnets have been pivotal in Avalanche's (AVAX) development, they are not exempt from risks, especially concerning smart contracts. In light of this, Avalanche (AVAX) has engaged in research and development efforts to implement verified smart contracts, which undergo meticulous verification tests to identify and mitigate potential vulnerabilities. 

In addition, Crypto.com recently partnered with Avalanche (AVAX), unveiling an exclusive feature to expand its user base. The platform now enables the deposits of USDC tokens on the AVAX-C network through its app. This important update highlights the availability of the local USD Coin (USDC) on the Avalanche (AVAX) blockchain.

Due to these developments, Avalanche (AVAX) is poised to soar to $16.64 by December 2023.

VC Spectra (SPCT): The Rising Star of Decentralised Hedge Funds, Primed for a Bullish Surge

Although Solana (SOL) and Avalanche (AVAX) have showcased massive progress, VC Spectra (SPCT) reigns supreme. As a leading firm driving innovation in blockchain, VC Spectra (SPCT) harnesses systematic and algorithmic trading techniques to optimize returns and minimize possible risks.

The new decentralized hedge fund also democratizes access to diversified portfolios and pre-ICOs. So, investors can look forward to exciting rewards from VC Spectra (SPCT), including buybacks and quarterly dividends tied to their investment performance.

VC Spectra (SPCT) guarantees sustainability by utilizing rigorous selection procedures to identify high-potential blockchain and technology ventures.

Moreover, VC Spectra’s native token, SPCT, is built on the Bitcoin blockchain and conforms to the BRC-20 protocol. It enables exchange, asset management, and decentralized trading and covers transaction fees on the Spectra platform.

VC Spectra (SPCT) has made waves in the blockchain industry, with its token valued at $0.008 while still in its first stage of public presale. The real excitement lies in the market projections, with VC Spectra (SPCT) expected to reach its $0.08 target price once it officially launches. Embrace the opportunity to invest in VC Spectra (SPCT) and tap into the potential for substantial returns.

Learn more about the VC Spectra presale here:

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

Website: https://vcspectra.io 

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund

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