Arbitrum (ARB) institutional investors recently sold off huge token blocks in August, resulting in a bearish price movement. Similarly, Aptos (APT) recorded a significant price dip despite its partnership with Microsoft. Right now, investors say the best crypto to buy is VC Spectra (SPCT). This new platform offers unique utilities to crypto investors and speculators. Find out why investors are switching to VC Spectra (SPCT) in Q3 2023.
Investors Offload Arbitrum (ARB) Tokens
On August 21, 2023, SpotOnChain (a crypto market tracking and analytics platform) reported that two Arbitrum (ARB) institutional investors sold their holdings. According to SpotOnChian, CAP Finance sold one million Arbitrum (ARB) tokens for $1.02 million, while Mandala Capital deposited 3.6 million Arbitrum (ARB) tokens to the OKX exchange. Analysts say Mandala Capital may likely list these Arbitrum (ARB) tokens for sale.
Arbitrum (ARB) fell in the third week of August due to this move by institutional investors. On August 15, Arbitrum (ARB) traded at $1.1373. Within a week, Arbitrum (ARB) lost 12.31%, and the token is currently trading at $0.9956. According to analysts, Arbitrum (ARB) will continue its bearish trajectory if institutional investors and whales keep selling their tokens.
Aptos (APT) Partners with Microsoft
On August 9, 2023, Aptos (APT) Labs announced a strategic partnership with Microsoft. According to Aptos (APT) Labs, the partnership will see both firms explore asset tokenization solutions, digital payments, and Central Bank Digital Currencies (CBDCs). Aptos (APT) will leverage Microsoft’s Azure OpenAI services to facilitate its web3 offerings to a broader tech market. Experts applauded this partnership between Aptos (APT) and Microsoft.
Despite this positive ecosystem development, Aptos (APT) lost 15.30% in the third week of August. On August 15, Aptos (APT) traded for $6.94. A week later, Aptos (APT) is trading for $5.90. According to analysts, Aptos (APT) price movement represents the prevailing bearish sentiment in the crypto market. Experts say Aptos (APT) will record a massive price surge when the next bull cycle returns.
Investors Back VC Spectra (SPCT) to Succeed in Q3 2023
VC Spectra (SPCT) is a decentralized trading and asset management protocol built to drive innovation and development in the blockchain industry through strategic investments. VC Spectra (SPCT) targets high-potential web3 projects and invests in them early before they become successful. By leveraging AI and blockchain technologies, VC Spectra (SPCT) delivers users a transparent and cost-effective crypto investment platform.
VC Spectra (SPCT) rose from $0.011 to $0.025 in August, generating 127.27% returns. Currently, VC Spectra (SPCT) is in its third presale stage, and the token will sell for $0.08 when the presale stages conclude. This price action will represent a 220% ROI for current VC Spectra (SPCT) investors. According to analysts, VC Spectra (SPCT) is a high-utility token that will record speedy adoption when it finally hits the mainstream crypto market.
Learn more about the VC Spectra (SPCT) presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io/
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund