Bitcoin Cash (BCH) and Maker (MKR) Surging, but All Eyes Are on VC Spectra’s (SPCT) 220% Upside!
Two digital assets, Bitcoin Cash (BCH) and Maker (MKR) have been experiencing significant surges in value, quickly becoming one of the top 5 cryptocurrencies to invest in this September. Meanwhile, all eyes are fixated on a game-changing opportunity in VC Spectra’s (SPCT) 220% potential ROI.
Let’s find out more about Bitcoin Cash (BCH), Maker (MKR), and VC Spectra (SPCT).
Bitcoin Cash (BCH) Prepares For New Highs In September
The aftermath of the SEC’s lawsuits in June sent Bitcoin Cash price tumbling to a low of $95.78 on June 10. However, a remarkable recovery occurred between June 10 and June 30, propelling BCH to reach a yearly high of $326.
This resurgence was notably triggered by Bitcoin Cash’s (BCH) listing on the EDX exchange, known for its approval from Wall Street, on June 20, but it declined to below $180 afterward.
The tides turned again on August 28, when Grayscale emerged victorious in its lawsuit against the SEC, resulting in a sharp rally for Bitcoin Cash (BCH). BCH, in particular, outperformed many top assets, witnessing a 29.3% price increase from $177 to $229 during this surge.
On September 2, the Bitcoin Cash price had retraced to $195, possibly reflecting waning interest among developers and investors. Additionally, Bitcoin Cash (BCH) has seen a slowdown in blockchain development activity compared to its competitors.
Analysts’ Bitcoin Cash price predictions indicate a potential further retracement to the $175 level in late September. However, approval of BTC ETFs could be a catalyst, potentially driving BCH to surge beyond $300.
Maker (MKR) Resists Bears In Uncertain Times: New High Incoming?
Maker (MKR) has been diligently working to enhance its functionality, with the MakerDAO community embracing the Enhanced Dai Savings Rate (EDSR) proposal on July 29. This proposal introduces the possibility of temporarily offering higher interest rates to DAI holders, potentially reaching up to 8% effective August 31.
However, recent Maker (MKR) price dynamics have surprised the crypto market. Despite investor expectations, Maker’s (MKR) price experienced a drop, falling from $1,174 on September 1 to $1,115 on September 3. Analysts attribute this decline to increased regulatory scrutiny, which has negatively affected investor sentiment and triggered a sell-off in MKR tokens. Additionally, emerging competition from other best DeFi projects and alternative platforms has pressured Maker’s (MKR) price downward.
Nevertheless, experts remain optimistic about Maker’s (MKR) potential for a gradual recovery in late September. They anticipate Maker (MKR) to rise beyond $1,400 after the approved BTC ETFs. This outlook suggests that Maker (MKR) may rebound from its recent dip this month.
VC Spectra (SPCT) Continues Its Surge Past Previous Highs: What’s Next?
VC Spectra (SPCT) is at the forefront of blockchain innovation, introducing democratized access to pre-ICOs and diverse investment portfolios. Investors are also rewarded with quarterly dividends within the presale period.
At the heart of this pioneering ecosystem lies SPCT, the native token of VC Spectra. Built on the Bitcoin blockchain and adhering to the BRC-20 standard, SPCT facilitates seamless asset exchange and management within the Spectra platform.
Notably, VC Spectra (SPCT) employs a deflationary design with a burn mechanism, gradually reducing token circulation and enhancing its long-term value.
What sets VC Spectra (SPCT) apart is its strategic use of AI trading techniques, ensuring profitable trades while mitigating risks for investors.
As Stage 3 of its public presale unfolds, VC Spectra (SPCT) continues to witness rapid sales at $0.025, marking an impressive 212.5% surge from Stage 1.
Anticipation is mounting as VC Spectra (SPCT) is poised to skyrocket by 220% to reach $0.08 once the presale concludes.
VC Spectra (SPCT) is unquestionably rewriting the rules of blockchain investments, emerging as a compelling choice for investors seeking the best cryptocurrency to buy now.
To learn more about VC Spectra (SPCT), visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram:
Twitter: https://twitter.com/spectravcfund
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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The post Bitcoin Cash (BCH) and Maker (MKR) Surging, but All Eyes Are on VC Spectra’s (SPCT) 220% Upside! appeared first on Crypto News Australia.
Filed under: Bitcoin - @ September 6, 2023 11:23 am