Amidst the ongoing market downtrend that has cryptocurrencies trading in red, Chainlink (LINK) and Hedera (HBAR) have been trying to maintain a positive outlook. Both have recently secured strategic integrations that show promising price movements. Yet, VC Spectra (SPCT) continues to impress investors with its amazing price movement. Its price recently increased by 127.27%, marking a total of 212.5% price surge so far. Let’s see what it’s all about!
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Chainlink’s Ecosystem Builds Momentum Amid LINK’s Decline
Over the past weeks, Chainlink (LINK), along with the general crypto market, has significantly dropped. Between August 16 and August 28, 2023, LINK declined by 14.67%, from $7.02 to $5.99.
However, amidst its decline, Chainlink (LINK) continues to build its ecosystem. On August 22, 2023, Chainlink (LINK) announced its partnership with Scroll. This collaboration gives Scroll developers access to Chainlink’s Web3 services, boosting Scroll’s growth and adoption. Meanwhile, Scroll covers Chainlink’s (LINK) oracle node costs, ensuring a steady flow of essential oracle services to its network.
This has added to Chainlink’s (LINK) use case and expanded its user base, which experts believe will lead to an increase in Chainlink’s (LINK) adoption. Due to this, analysts predict that Chainlink’s (LINK) price will increase to $8.5 by the end of 2023.
Hedera (HBAR) Fluctuates Despite Its Recent Integration
Just like Chainlink (LINK), Hedera (HBAR) has seen some amazing activities in its ecosystem.
On August 4, 2023, FedNow integrated the Hedera-based platform, Dropp, into its instant payments system. This made Hedera’s (HBAR) price surge to a high of $0.074 on August 15. Unfortunately, Hedera’s (HBAR) price surge was cut short by the general market decline.
Between August 15 and August 18, 2023, Hedera (HBAR) declined by 25%, from $0.074 to $0.055. However, Hedera’s (HBAR) price started an uptrend a few hours after it hit $0.055 and has worked its way to $0.062 as of August 24, 2023. Fast forward to August 28, and Hedera (HBAR) is back at the $0.055 mark.
Though still fluctuating, experts predict that Hedera’s (HBAR) upward price trajectory will take it back to $0.07 by September 2023.
VC Spectra (SPCT) Maintains a Steady Pace to Its Presale Price Target
As a decentralized hedge fund, VC Spectra (SPCT) specializes in generating sustained profits by investing in promising blockchain projects and fintech projects. VC Spectra (SPCT) reallocates the profits to its investors/users through buybacks and quarterly dividends.
Furthermore, users are provided with premium privileges, including exclusive entry to ICOs during seed/private sales and the ability to influence fund management decisions through ownership of VC Spectra (SPCT) tokens.
VC Spectra (SPCT) raised $2.4 million during its private/seed presale. Currently, the project is in Stage 3 of its public presale, selling at $0.025. This represents a 212.5% increase from its initial selling price of $0.008 during Stage 1.
Unlike Chainlink (LINK) and Hedera (HBAR), VC Spectra (SPCT) is on a steady uptrend to attain its price target of $0.08 at the final Stage of its presale. This will guarantee old and new investors a 220% ROI from VC Spectra’s (SPCT) current selling price.
To learn more about VC Spectra (SPCT) and its presale, visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Source: https://www.analyticsinsight.net/chainlink-link-falters-hedera-hbar-wobbles-yet-vc-spectra-spct-stands-tall/