New exciting developments from Avalanche (AVAX) and Aptos (APT) seem to be overshadowed by the bearish trend prevailing in the market. As a result, the prices of Avalanche (AVAX) and Aptos (APT) saw a decline in the past week. On the other hand, VC Spectra (SPCT) remains on top as investors flock to it amid a bear market.
However, the question remains, how does VC Spectra (SPCT) attract investors while its rivals dip down?
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Avalanche (AVAX) Nears Key Token Unlock Amid Crypto Downturn
While Avalanche (AVAX) syncs with the generally down market, a new development in the ecosystem could dip its value further. The crypto market struggled as a whole in the past week amid SEC speculating a new interest rate hike. Avalanche (AVAX) is no exception, as it has dropped by 14% from $12.16 on August 16 to $10.4 as of August 21.
But what’s concerning for its investors is a new development from Avalanche (AVAX). Avalanche is set to unlock 9.54 million AVAX tokens on August 26, which will be put into circulation.
This substantial token release corresponds to 2.77% of the current circulating Avalanche (AVAX) supply, which is 344.05 million tokens. In a time of uncertainty, a potential selling spree might exert additional downward pressure on the project’s price trajectory.
Microsoft Partners With Aptos Labs, Triggering An APT Price Surge
The price of Aptos (APT) surged by 18% from $6.65 on August 8 to $7.85 on August 9. This sudden surge in the price of Aptos (APT) came after a new partnership between Microsoft and Aptos (APT) Labs, which was announced on August 9, 2023.
With a multitude of AI initiatives underway, Microsoft is strategically broadening its involvement in the AI landscape. The tech giant recently disclosed a collaboration with Aptos (APT) Labs, a layer-1 blockchain entity, aimed at advancing AI and web3 capabilities.
However, the value of Aptos (APT) soon dipped by 19% from $6.87 on August 16 to $5.51 on August 18. The price drop in Aptos (APT) came in the wake of the SEC speculating yet another interest rate hike.
Yet, the price of Aptos (APT) is expected to surge as Aptos Labs has announced another new strategic partnership on August 17 with South-Korean game publisher NEOWIZ and Web3-gaming platform Intella X.
Investors Flock to VC Spectra (SPCT) as Other Tokens Stumble
While other tokens, including Avalanche (AVAX) and Aptos (APT), stumble in a bear market, VC Spectra (SPCT) holds firm ground.
VC Spectra (SPCT) is a decentralized investment management company that offers investors exciting and safe investment opportunities. VC Spectra (SPCT) employs AI to seek favorable investment opportunities, with a potential for a higher return on investment (ROI).
At the core of its innovation lies the VC Spectra (SPCT) token, which is a BRC-20 standard token built on the Bitcoin blockchain. This token has demonstrated its worth with high-profit gains registered over time.
VC Spectra (SPCT) currently stands at $0.025 in Stage 2 of its public presale. Its price recently surged by 127% from $0.011 to $0.025 while it awaits Stage 3. More importantly, VC Spectra (SPCT) is guaranteed to offer 220% profit for new Stage 2 investors, as its price will reach the $0.08 target at the end of its public presale.
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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