VC Spectra, Algorand, and Cosmos Redefine the Bear Market Playbook

Algorand (ALGO) and Cosmos (ATOM) have experienced price declines recently following the SEC allegations and market volatility, leading to bearish sentiments.

Meanwhile, VC Spectra (SPCT), with its growth potential, is stealing the spotlight from Algorand (ALGO) and Cosmos (ATOM) amidst the prevailing bear market. The platform’s private/seed sale raised $2.4 million, and the ongoing public presale stages demonstrate its unwavering success.

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VC Spectra (SPCT) Performs Exemplary Well Amidst the Market Crash

VC Spectra (SPCT) is outshining Algorand (ALGO) and Cosmos (ATOM) by redefining the venture capital and hedge fund industries.

The decentralized hedge fund focuses on identifying promising projects within the blockchain and fintech sectors. Furthermore, VC Spectra (SPCT) uses experts to pick only the best investments.

Additionally, the platform utilizes advanced strategies and AI algorithms to identify the most promising ventures. VC Spectra (SPCT) token holders receive pre-ICO discounts, exclusive access to promising Web3 projects, and voting rights.

VC Spectra (SPCT) raised $2.4 million in a private/seed sale before starting its Stage 1 public presale at $0.008. It then moved to Stage 2 at $0.011, reflecting a 37.5% boost.

Currently in Stage 3, VC Spectra’s (SPCT) price increased to $0.025 on August 17. The increase reflects a 212.5% ROI for investors who bought at the initial price of $0.008 and 127.27% for those who got the token at $0.011. From here, it will proceed to Stage 4 at $0.033, reflecting another 32% increase.

In addition, VC Spectra’s (SPCT) price is predicted to reach $0.08 at the end of the public presale. The surge signifies an impressive 900% ROI from the initial price of $0.008, 627% from $0.011, and 220% from $0.025. Furthermore, if you invest in VC Spectra (SPCT) now, you also get a 25% bonus on deposit.

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Will Algorand (ALGO) Revert To A Bullish Trend From Its Price Slump?

Algorand (ALGO) recently experienced a notable decline, attributed to two prominent legal disputes and market volatility.

The SEC classified Algorand (ALGO) as security after charges against Bittrex on April 17, 2023, which saw the price drop below $2.0. On June 8, ALGO’s price plummeted from $0.137 to $0.121 in 24 hours after similar allegations against Binance and Coinbase. 

Furthermore, Algorand’s (ALGO) price hit a new all-time low of $0.082 following the market crash of August 17. However, Algorand’s (ALGO) price has since recovered by 15.5% from its August 17 low, trading at $0.097 as of August 28.

Despite the bearish outlook, analysts predict a modest recovery for Algorand (ALGO) in September 2023. They argue that investors will exploit the slump to purchase ALGO, thus pushing the price up.

Cosmos (ATOM) Tumbles As Bears Take Over

Bears have dictated Cosmos’ (ATOM) price movement over the past three months, mainly due to the SEC lawsuit that listed it as a security. The allegations saw Cosmos’ (ATOM) price fall below $10.0 on June 8.

Cosmos (ATOM) completed the v11 upgrade on August 16. The upgrade should bring many enhancements and features to strengthen Cosmos’ (ATOM) position in the decentralized ecosystem.

However, the upgrade did not do much to affect Cosmos’ (ATOM) price trajectory. Furthermore, Cosmos’ (ATOM) price declined from $8.18 to $7.30 on August 17 following the crypto market crash.

On August 28, Cosmos’ (ATOM) price had still not reclaimed its $8.0 level but showed a further decline, trading at $7.28. As a result, Cosmos’ (ATOM) current outlook is bearish. Yet, bullish experts predict the v11 upgrade could increase investor confidence, userbase, and price. 

Learn more about the VC Spectra presale here:

Presale: https://invest.vcspectra.io/login

Website: https://vcspectra.io/

Twitter: https://twitter.com/spectravcfund

Telegram: https://t.me/VCSpectra