With each crypto competing for a piece of the market, Bitcoin Cash (BCH) has established itself as one of the top cryptocurrencies for investment in 2023. Can Binance Coin (BNB) or VC Spectra (SPCT), a newcomer in the market, compete and potentially outperform Bitcoin Cash (BCH)? VC Spectra (SPCT) already raised $2.4M in its private seed sale, and the token is set to disrupt the crypto investment space.
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Bitcoin Cash (BCH) Emerges as Top Crypto Investment for First Half of 2023
Bitcoin Cash (BCH) was created to address some of the original Bitcoin’s limitations, especially scalability difficulties. As a crypto token, Bitcoin Cash (BCH) is not known for volatility or sudden price surges. However, June 2023 was different.
Bitcoin Cash (BCH) got listed on the influential EDX markets and went through a network upgrade that gave it improved security and privacy. Consequently, Bitcoin Cash (BCH) saw an unprecedented price surge during a crypto bear season, and the token jumped from $108 to $300 in less than 2 weeks.
There have been reports that whale activity may have pushed the token to its 30-day high. Regardless, analysts are predicting that Bitcoin Cash (BCH) will make a retracement before heading for a proper bull run in the second half of 2023.
Once Again, Binance Coin (BNB) On A Bearish Trend
Binance Coin (BNB) was one of the tokens listed as a security in a lawsuit filed by the US SEC in early June 2023. This lawsuit targeted major cryptocurrency exchanges and top 50 projects, including Binance Coin (BNB), for steeper regulatory guidelines. After the SEC announcement, the crypto market plummeted, and Binance Coin (BNB) traded for $223.9. For context, Binance Coin (BNB) started trading at $281 in early June.
Nearing July 2023, Binance Coin (BNB) tried to surge with the rest of the crypto market amidst a positive market mood. However, Binance Coin (BNB) could only trade for $251 on June 30, 2023, and it is currently selling for $234 a week after. This price action has shown that Binance Coin (BNB) will likely stay on a bearish trend for the next few weeks.
VC Spectra (SPCT): Unlocking the Potential of DeFi
VC Spectra (SPCT) is a decentralized hedge fund that offers real-world utility to the blockchain and fintech industries. One major benefit for VC Spectra (SPCT) holders is the compensation from quarterly dividends and profits from buybacks of profitable blockchain investments.
Currently, VC Spectra (SPCT) is on its first presale, and the token is currently selling for $0.008. When this presale phase ends, VC Spectra (SPCT) will sell for $0.011, representing a 37.5% increase in its price. Investors are anticipating a 900% surge when the token officially launches at $0.08 in the crypto open market later this year.
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Learn more about the VC Spectra (SPCT) presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io/
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of CryptoTotem, nor is it intended to be used as legal, tax, investment, or financial advice. The author or the publication does not hold any responsibility, directly, or indirectly, for any damage or loss caused or alleged to be caused by or connected with the use of or reliance on any content, goods or services mentioned in this article. Readers should conduct their own research before taking any actions related to this company.