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dYdX (DYDX) and Synthetix (SNX) have seen an investor rush as they hit the $2.00 psychological price point. On the other hand, investors view VC Spectra (SPCT) as the better choice as it enters its second presale stage with a 37.5% surge in price.
Let’s explore the price rise in these coins further.
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Profit Seeking In Growing Decentralized Exchanges Boosts dYdX (DYDX) Price
dYdX (DYDX) has seen increased investor activity and a steady price rise in July 2023. Additionally, it has made Layer-2 advancements to its network to enhance user security and speed up transactions.
In the last 24 hours, the price of dYdX (DYDX) has risen 7.9% from $2.03 to $2.19. The surge in price is due to increasing investor activity as dYdX (DYDX) voted earlier in the month to reduce available tokens in supply. Additionally, the value of dYdX (DYDX) has risen significantly since the SEC sued Binance.
Experts maintain a bullish sentiment for dYdX (DYDX) as July 2023 ends. Projections indicate dYdX (DYDX) could rise to $2.3 as the month ends.
Synthetix (SNX) Surges As It Develops Its Technology
Decentralized exchanges dYdX (DYDX) and Synthetix (SNX) have recently seen a price rise. An incentive program conducted on Optimism for Synthetix (SNX) earlier in the year proved essential as investors rushed to buy more Synthetix (SNX). Consequently, the scheme initiated the Synthetix (SNX) price surge for 2023.
Moreover, expected Synthetix (SNX) collaborations with Chainlink (LINK) and the launch of its Perps V3, a new perpetual contracts platform, in Q4 have led to an increase in price.
However, in the last 24 hours, Synthetix (SNX) has experienced a 3.9% dip in its value from $2.82 to $2.71. Experts project Synthetix (SNX) will remain bullish and may end July 2023 at $2.78.
Investors Rush To VC Spectra (SPCT) As Its Price Rises Gradually
The price surge on VC Spectra (SPCT) drastically overshadows Synthetix (SNX), making it an investor favorite.
VC Spectra (SPCT) is an innovative decentralized hedge fund revolutionizing the investment landscape. This platform offers unparalleled opportunities for investors to participate in ICOs and upcoming blockchain technology companies.
Powered by cutting-edge AI and advanced techniques, VC Spectra (SPCT) ensures optimal investment selections. By combining mechanical and algorithmic trading strategies, VC Spectra (SPCT) guarantees profitability for its esteemed investors and steady fund growth.
At the core of this ecosystem lies its blockchain-based token, SPCT, which adheres to the BRC-20 standard. This token enables seamless transactions, exchange, and asset management within the VC Spectra (SPCT) platform. With its deflationary mechanism, SPCT takes pride in reducing circulation and preserving long-term value.
VC Spectra (SPCT) is in the second stage of its public presale offering, the VC Spectra (SPCT) token at $0.011. Experts project VC Spectra (SPCT) will launch on live exchanges at $0.08. Therefore, investors in this stage can anticipate a 670% return.
For savvy crypto investors seeking value appreciation, now is the opportune moment to secure their stake in VC Spectra (SPCT) and embark on an exciting investment journey.
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
*This article was paid for Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2023/07/24/vc-spectra-also-offers-bright-future/