News for Chainlink and Fantom- The Cryptonomist

While Chainlink (LINK) and Fantom (FTM) are stuck in a diminishing trend, a new asset management blockchain is rising. This coin has reportedly seen a 37.5% surge despite being in its presale. Many investors have already abandoned Chainlink (LINK) and Fantom (FTM) to go all in with the high ROI potential of this rising star.

Let’s look at what this coin offers and how it competes with Chainlink (LINK) and Fantom (FTM).

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Chainlink (LINK): Stuck In The Market Delirium!

In August, Chainlink (LINK) defied investor expectations, showcasing a resilient performance despite initial concerns. Especially considering its strong ties to Ethereum’s network activity, particularly in Defi protocols.

Many anticipated a continued decline in LINK’s value due to the downward trend in Ethereum’s network activity. Since Chainlink’s services play a crucial role in the DeFi ecosystem on Ethereum, the expectation was that LINK’s value would parallel Ethereum’s network activity decline.

However, Chainlink (LINK) has shown a completely different trend. Beginning the month at $8.3 and experiencing a drop to $7.0 by August 5, LINK’s value rebounded to $7.4 as of August 14.

Interestingly, the current sentiment surrounding Chainlink presents differing predictions. Bullish investors foresee a potential rise for LINK, expecting it to reach $10 by September as Ethereum’s network activity prepares for an upswing in upcoming network upgrades.

Conversely, bearish investors predict a decline for Chainlink, projecting its value to dip to $6.1, primarily due to an anticipated decrease in DeFi activities in the forthcoming months.

Fantom (FTM): How Long Will The Current Support Hold?

On July 6, the Multichain Bridge on the Fantom (FTM) Network fell victim to exploitation, resulting in a staggering loss of $120 million. This incident had severe repercussions, causing setbacks for Fantom (FTM) Dex and Spiritswap.

Subsequently, the Total Value Locked (TVL) in the Fantom (FTM) ecosystem plummeted from $195 million to $70 million between July 6 and August 11, marking a substantial 65% decrease.

Adding to the challenges, the price of Fantom (FTM) dropped significantly, declining from $0.3015 at the end of July to $0.2390 on August 14, reflecting a 20.72% reduction in value. This downturn in both TVL and price underscores the current struggles faced by Fantom (FTM).

As of August, the ecosystem lacks the necessary assets to support a bullish environment and prioritize key developments on its blockchain.

Consequently, experts anticipate continuing this bearish trend for Fantom (FTM), with predictions pointing towards a further decline to $0.19 by September’s end.

VC Spectra (SPCT): Stage 2 Reports 37.5% Profit For Investors

VC Spectra (SPCT), a pioneering blockchain project, is poised to redefine asset management, democratizing access to high-value investment opportunities. VC Spectra (SPCT) bridges the knowledge gap by leveraging blockchain technology, making sophisticated investments accessible to all.

The SPCT token, built on the Bitcoin blockchain with the BRC-20 standard, is the centerpiece of the VC Spectra platform, granting investors quarterly dividends, buyback options, voting rights, and early access to promising initial coin offerings (ICOs).

VC Spectra’s (SPCT) decentralized framework ensures transparency and inclusivity, with stakeholders participating in major decisions. Additionally, VC Spectra (SPCT) boasts rigorous risk assessments by expert teams, mitigating risks and optimizing profits.

Impressively, the VC Spectra (SPCT) private presale raised over $2.4 million, indicating robust investor interest.

Stage 1 offered 125 million SPCT tokens at $0.008 during the public presale, rapidly selling out and delivering a 37.5% ROI to early investors. Stage 2 anticipates a 127.27% surge in value, with Stage 3 projected around $0.025, promising further gains.

VC Spectra (SPCT) aims to list on major exchanges at $0.08, potentially delivering substantial returns of 900% for Stage 1 investors and 627% for Stage 2 participants.

With ongoing bonuses and an innovative vision, VC Spectra (SPCT) signifies a promising new era in accessible, lucrative investments.