Despite securing potentially profitable partnerships, Hedera (HBAR) and The Sandbox (SAND) have lost their positive momentum. Meanwhile, VC Spectra (SPCT) is experiencing a price surge.
What are these profitable partnerships? And what is behind VC Spectra’s (SPCT) price surge? Let’s find out!
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Summary
- Hedera’s new collaborations could spur the HBAR price to $0.066.
- The Sandbox (SAND) could reach $0.520 in 2023.
- VC Spectra (SPCT) investors enjoy unique benefits in addition to price increases.
Hedera (HBAR) Partners with African Web3 Firm, Dar Blockchain
On October 3, 2023, The Hashgraph Association, the non-profit behind Hedera crypto, announced on X that it had partnered with Dar Blockchain, a Web3 company based in Tunisia.
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Dar Blockchain and Hedera (HBAR) will establish an incubation program to house innovative projects on the network. The disclosure emphasizes Hedera’s (HBAR) increasing footprint throughout Africa. The blockchain network and telecoms behemoth Orange collaborated to develop an accelerator program in Morocco earlier this year.
Since the announcement, the HBAR price has fallen 4% from $0.050 to $0.048 as of October 6. The positive news hasn’t been able to arrest Hedera’s downward trend.
The incubation programs aim to increase the number of projects built on Hedera (HBAR), raising the TVL. This is why analysts say the HBAR price might increase to $0.066 in 2023. However, they also say Hedera (HBAR) might not be the crypto to buy for short-term gains in October.
The Sandbox (SAND) Announces Collaboration With Agora
On October 4, the popular metaverse game, The Sandbox, announced a cooperation with Agora to improve social engagement and real-time communication within the metaverse. The partnership will enable users in The Sandbox to communicate in-game using live audio, video, and chat, fostering improved creator cooperation and social multiplayer experiences.
The Sandbox (SAND) is partnering with Agora for this partnership because it has all the resources to smoothly incorporate interactive live streaming, high-volume text chat, and 3D Spatial Audio at scale. These elements will be implemented by The Sandbox (SAND) to help strengthen player connections.
Yet, since the news broke, The Sandbox’s (SAND) price has increased by just 0.3% from $0.299 to $0.300, effectively slowing down a recent rally. Still, analysts say The Sandbox (SAND) could reach $0.520 before the end of 2023 if the Agora partnership works out well.
Like with Hedera (HBAR), analysts advise that The Sandbox (SAND) is not the best crypto to invest in now. The news might take some time to kick in if its effects take over after all.
VC Spectra’s (SPCT) Price Surges During Presale
While the two other cryptocurrencies are experiencing a slowdown, VC Spectra (SPCT) is experiencing spectacular surges. Since VC Spectra’s presale began, the SPCT price has increased by 450% from $0.008 at Stage 1 to $0.044 at Stage 3. The latest of these price increases is the 33.33% surge from $0.033 to $0.044 in September.
However, VC Spectra (SPCT) offers investors much more than profits from holding SPCT tokens. The platform allows everyone to invest in the blockchain industry regardless of their financial expertise.
Essentially, VC Spectra (SPCT) chooses the most promising blockchain projects and most profitable trading opportunities by using AI to supplement its trusted trading strategies. The platform then implements a long-term and sustainable investment approach that ensures maximum profit and almost eradicates risk.
In addition, SPCT token holders also get access to exclusive pre-ICOs, quarterly dividends and buybacks, and voting rights.
To enjoy all these, purchase SPCT at the current price of $0.044. You can benefit from an 81.81% surge when the presale ends, along with a 50% deposit bonus when you purchase. These numbers are why analysts say VC Spectra (SPCT) is the best cryptocurrency to buy now.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Source: https://thecryptobasic.com/2023/10/10/while-hedera-hbar-and-the-sandbox-sand-experience-slowdown-vc-spectra-spct-sees-price-boost/?utm_source=rss&utm_medium=rss&utm_campaign=while-hedera-hbar-and-the-sandbox-sand-experience-slowdown-vc-spectra-spct-sees-price-boost