Filecoin & Optimism Fall Behind in Race with VC Spectra’s Surge

Who would have thought VC Spectra (SPCT) would enter Stage 2 of its public presale in less than four months after securing $2.4 million from its private seed sale? Can Filecoin (FIL) and Optimism (OP) match the bullish progression of VC Spectra (SPCT) this 2023? Discover the news and data-driven sentiments that influence the price of VC Spectra (SPCT), Filecoin (FIL), and Optimism (OP).

Filecoin (FIL): Would You Catch a Falling Coin?

Messari reported on July 13, 2023, that Filecoin’s (FIL) Q2 2023’s active deals grew 64% quarter-on-quarter. Additionally, Filecoin (FIL) fees-based revenue surged 91% in Q2 2023 due to the 64% quarter-on-quarter rise in active storage deals. This revenue growth can also be attributed to the 60% upturn in the size of its large dataset of clients. Amid all these positive numbers, is the Filecoin (FIL) market buying or selling on good news?

Both equity and crypto markets are known for notoriously selling on good news, which is what has happened on Filecoin (FIL). Filecoin (FIL) tumbled by 39.14% in the second quarter of 2023 from the closing price of $6.49 on March 31, 2023, to its closing price of $3.95 on June 30, 2023. 

Filecoin (FIL) needs to recover above its present resistance at $4.16 to prevent a slide between $2.50 and $3.50. The overall sentiment for Filecoin (FIL) is bearish this 2023.

The Irony: Optimism (OP) Traders Turn Pessimists

Hackers penetrated the BASE network and stole $1 million in Ethereum tokens on August 9, 2023. This is the price of leaving blockchain vulnerabilities for hackers who profit from others’ efforts. How is this news significant for Optimism (OP)? The BASE is built on Optimism Stack. Optimism (OP) showed a steep dive of 7.56% in its trading price on the day of the attack. 

Even before the hacking incident, Optimism (OP) was already bearish. Optimism (OP) has dropped significantly, falling 48.04% from its 2023 peak of $3.06 on February 24 to $1.59 on August 11. Optimism (OP) tumbled below its 10-day simple moving average on August 9, 2023. It landed on its support near $1.54. 

Analysts predict that without reclaiming its 10-day SMA by August’s third week, Optimism (OP) risks falling below $1.54. The overall sentiment is bearish for Optimism (OP) this August 2023.

VC Spectra (SPCT): Its Spectacular Interstellar Rise

VC Spectra is a decentralized hedge fund and a crypto trading platform. Seeing crypto investors’ issues, VC Spectra becomes the solution, assessing blockchain projects for high returns and low risks. 

VC Spectra aims to give investors, regardless of financial background, a safe, transparent, and profitable crypto trading experience. VC Spectra (SPCT) provides decentralized, transparent, accessible, and democratic investment portfolios. It also offers an efficient, cost-effective crypto investment platform.

Having obtained funds from the private seed sale, VC Spectra (SPCT) initiated Stage 1 of its public presale, selling 125 million tokens at $0.008 each. VC Spectra (SPCT) is presently at Stage 2, selling at $0.011 per token. VC Spectra’s (SPCT) Stage 2 is nearly 65% complete. Social media rumours suggest VC Spectra’s (SPCT) Stage 2 might finish a week before August 2023 ends.

Investors expect a whopping 127.27% profit now that Stage 2 of VC Spectra (SPCT) is near completion. There’s no better way to participate in SPCT’s Stage 2 than now because of the ongoing 25% bonus on any deposit. This promo is for a limited time only, as shown on the header of VC Spectra’s website. Crypto investing has never been this profitable!

Learn more about the VC Spectra (SPCT) presale:

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

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund

Source: https://coinpedia.org/press-release/filecoin-optimism-fall-behind-in-the-race-with-vc-spectras-surge/