Home
News
Bitcoin’s (BTC) price dropping below $26,000 on August 17 has negatively affected the overall market. Some cryptos that bore the brunt include Gifto (GFT) and Pepe (PEPE). Meanwhile, VC Spectra (SPCT) successfully weathered the storm. Following its exceptionally gainful private presale, the platform is generating gains in the public presale.
Read on to find out why it is hard for Gifto (GFT) and Pepe (PEPE) to challenge VC Spectra (SPCT) in 2023.
Gifto (GFT) Continues Its Decline With Little Hope of Recovery
The price of Gifto (GFT) reached its all-time high of $0.96 in July 2018. However, GFT price has experienced a series of bearish movements since then. The price decline escalated even more after the fall of the FTX crypto exchange in early November 2022.
On August 8, Gifto reached a monthly high of $0.0160, but the price declined to a low of $0.0119 on August 18, a 25.63% drop. It decline followed Bitcoin’s (BTC) price drop on August 17, which affected many other assets.
As of August 19, GFT price was $0.0125, with a slightly over $1 million trading volume. Even though Gifto experienced a 4.8% increase in 24 hours, sentiment around it currently remains bearish.
On a more positive note, analysts predict that GFT could reach $0.0131 by September as investors take advantage of its current dip as an opportunity to buy.
Pepe’s (PEPE) Price Continues to Decline: Can Bulls Take Over?
Over July, Pepe’s (PEPE) price showed remarkable fluctuations, ranging from $0.000001346 to $0.000001833, fluctuating by approximately 36%. The meme coin kicked off in August with a price of $0.000001299 and a trading volume of $99.2 million.
However, on August 17, Pepe’s (PEPE) price dropped to a monthly low of $0.000001001, declining by 22.94%. As of August 19, Pepe’s (PEPE) price was $0.000001125 reflecting a partial recovery of 11%. Pepe’s (PEPE) trading volume took a colossal dip falling from $178.39 million to $72.16 million during the same period.
The declining numbers indicate bearish momentum for Pepe (PEPE), and experts note that its potential for skyrocketing remains uncertain.
VC Spectra (SPCT) on the Rampage As It Nears Stage 3 of Its Public Resale
VC Spectra (SPCT) is an innovative decentralized fund providing users with investment opportunities characterized by unmatched security, transparency, and profitability standards.
Furthermore, SPCT employs sophisticated AI-driven algorithms and trading strategies to identify the best private/seed sales and ICOs, guaranteeing significant investment returns.
VC Spectra’s native token, SPCT, is a BRC-20 standard token enabling decentralized trading, exchange, and asset management on the Spectra platform.
SPCT is in Stage 2 of its public presale, which started at a price of $0.011, a 37.5% increase from the Stage 1 value of $0.008. The price rose to Stage 3’s value of $0.025 on August 17.
The price jump to $0.025 reflects a 127.27% increase from $0.011 and 212.5% from $0.008. In addition, the token will increase to $0.08 by the end of the public presale, marking an impressive 900% gain for investors that bought the token at the initial price.
On the other hand, if you invest in VC Spectra now at $0.025, you stand to gain 220% and a 25% bonus on deposit. So, all is not lost if you choose to hurry!
Learn more about the VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io/
Twitter: https://twitter.com/spectravcfund
Telegram: https://t.me/VCSpectra
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.
For publishing articles on our website get in touch with us over email or one of the accounts mentioned below.
