The ongoing bear market seems to lack mercy as numerous tokens, including NEAR Protocol (NEAR) and Gala (GALA), take a hit. NEAR Protocol (NEAR) struggles to move upward on the charts despite an exciting development. Gala (GALA) expected a boost from the recent launch of its new proprietary blockchain, GalaChain, but the circumstances are not in their favor. While the bear unleashes its wrath upon the market, VC Spectra (SPCT) profits substantially soon after securing $2.4 million in its private seed sale.
Let’s explore how VC Spectra (SPCT) gains momentum while its rivals await a positive upward trend!
NEAR Price Struggles Despite Collaboration for Exclusive NFT Game Launch
The price of NEAR Protocol (NEAR) fell by 10% from $1.234 on August 17, 2023, to $1.108 on August 18. This price drop of NEAR Protocol (NEAR) aligns with the price drop of other tokens amid a new development from the SEC.
SEC sat on August 16 to discuss the mounting inflation and potential hike in interest rates. What followed was panic from traders and investors, sending the prices of numerous tokens, including NEAR Protocol (NEAR), down on the charts. This happened while NEAR Protocol (NEAR) expected positive momentum from new development.
NEAR Protocol (NEAR) announced its collaboration with Jump.trade, the flagship NFT gaming platform of GuardianLink, on August 17. As NEAR Protocol (NEAR) forged a fresh partnership, its market value experienced a sharp decline, prompted by traders’ reactions to the SEC meeting minutes on August 16.
Gala Games Shifts Unsold NFTs to GalaChain
The price of Gala (GALA) dropped by 13% from $0.0215 on August 16, 2023, to $0.0186 on August 18. Gala (GALA) was no exception regarding price response exhibited by numerous cryptocurrencies amid SEC meeting minutes.
Gala (GALA) received a brief boost from the launch of its new blockchain, GalaChain, on August 5. The price of Gala (GALA) surged by 15% from $0.02225 on August 5 to $0.02563 on August 6.
Gala (GALA) expected a similar boost from the launch of its NFTs on the new blockchain on August 17. However, the SEC meeting minutes released on August 16 jeopardized the expected price boost.
VC Spectra (SPCT) Outshines its Rivals, Offering Substantial Profits
VC Spectra (SPCT) is a decentralized hedge fund that utilizes an AI algorithm to identify profitable investment opportunities for its investors. It has been making headlines for its one-of-a-kind real-world utility and unmatched return on investment (ROI).
The innovation behind VC Spectra (SPCT) is driven by its BRC-20 standard token that follows Bitcoin’s deflationary model. VC Spectra (SPCT) rewards its investors with quarterly dividends, voting rights, and discounted access to pre-ICOs.
VC Spectra (SPCT) kicked off its public presale with a token valued at $0.008 in Stage 1. The price surged by 37.5% to $0.011 as it entered Stage 2. While all eyes were on Stage 3, VC Spectra (SPCT) jumped by a whopping 127.27% to $0.025 while still in Stage 2.
New Stage 2 investors can make a 220% profit as the public presale is predicted to conclude at a token price of $0.08.
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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