Filecoin (FIL) is slowing down after registering gains for the month up to July 29. It registered some losses for the week leading up to the same day. Interestingly, the same is the case for Optimism (OP).
But there is a new coin about town that you should be optimistic about. And that coin is VC Spectra (SPCT), a new project that has already raised $2.4 million in its private sale.
But before we talk more about VC Spectra (SPCT), let’s take a closer look at Filecoin (FIL) and Optimism (OP).
Filecoin (FIL) Loses Momentum Following Positive User Adoption Report
According to a report by Messari on July 13, Filecoin’s (FIL) data usage is up at 7% of total capacity by Q2 2023. This is a massive gain compared to around 1% of Filecoin’s (FIL) capacity in the same period last year. It is also significant for Filecoin (FIL) compared to the previous quarter’s near 5% adoption.
Filecoin’s (FIL) increasing user adoption could be from improved awareness. It could also result from better pricing due to Filecoin’s (FIL) price falling by 55% from around $9.8 around the end of July 2022 to $4.4 on July 29, 2023.
But despite the year-on-year fall, Filecoin (FIL) has managed to register 16% gains from $3.8 to $4.4 in the month leading up to July 29. Unfortunately for Filecoin (FIL), these gains have not lasted too long, and FIL is down by around 2% in the week leading up to July 29.
Overall, investors might prefer to avoid Filecoin (FIL) in the next few days. This is in the context of Filecoin (FIL), which is looking poised to drop soon.
Optimism (OP) Drops in Anticipation of Supply Increase
On July 30, 2023, $36 million worth of Optimism (OP) coins were unlocked and added to the overall circulation. To anticipate how this would affect Optimism’s (OP) price, we can look at the price action after the vesting unlocks last month on June 30.
The June unlock was accompanied by a price fall for Optimism (OP). And we can see similar price action for this unlock as well. The week leading up to July 29 saw a 3% price drop for Optimism (OP) from $1.54 to $1.5. Some investors might be optimistic about Optimism (OP), expecting it to rise soon after the vesting unlock.
Besides Optimism (OP), another coin we can expect to rise soon is VC Spectra (SPCT).
VC Spectra (SPCT) Expects Massive Gain as Presale Continues
VC Spectra (SPCT) is a new decentralized asset management platform that focuses on ICOs and early-stage crypto projects. It uses AI and trading strategies to maximize profits and minimize risks. This helps VC Spectra choose the best investment opportunities from the bunch.
Regarding returns, VC Spectra investors can benefit in two ways. Firstly, you can receive monthly or quarterly dividends from the gains received from your investment portfolio. 40% of the gains on investments from VC Spectra funds are allocated for dividend distribution to shareholders.
Secondly, you can benefit from VC Spectra’s price appreciation as the price increases. The value of VC Spectra (SPCT) tokens has increased by 37.5% from $0.008 to $0.011 in Stage 2 of the presale and is expected to increase by 127% to $0.025 in Stage 3.
In addition, if you invest in VC Spectra (SPCT) around July 29, you can also benefit from a limited-time offer of a 25% bonus on all deposits.
Invest in VC Spectra (SPCT) today and start earning rewards!
Find out more about the VC Spectra (SPCT) presale here:
Source: https://coinpedia.org/press-release/filecoin-and-optimism-struggle-as-vc-spectra-gains-investor-trust/