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Monero (XMR) fell to bearish pressure from the crypto market after an extended bull run. On the other hand, Dogecoin (DOGE) recorded a minor price surge after Elon Musk played influencer for the umpteenth time. However, VC Spectra (SPCT) is the choice of investors in Q3 2023. VC Spectra (SPCT) recently entered its third presale stage, and the token surged over 100%. Let’s delve into the profit potential of these crypto tokens.
Monero (XMR) Goes Bearish in August 2023
Andrew Bailey, Governor of the Bank of England, recently expressed his distrust for privacy tokens like Monero (XMR) and his preference for Central Bank Digital Currencies to promote safety and transparency.
According to experts, his opinions are based on logic, considering a recent FBI report. The FBI recovered $1.7 million in stolen cryptocurrencies from March to May 2023, and about $20,000 worth of crypto were Monero (XMR) tokens.
Monero (XMR) is a privacy-focused cryptocurrency, and crypto users trust the project. However, Monero (XMR) still fell in the second half of August. On August 16, Monero (XMR) traded at $155. Monero (XMR) lost 6% since then and is currently trading at $145 on August 28.
According to analysts, Monero (XMR) has solid fundamentals, and the token will surge when the next bull cycle returns.
Elon Musk Speaks on Dogecoin (DOGE) Again
CEO of X (formerly Twitter), Elon Musk, has sustained an influencer/fan relationship with Dogecoin (DOGE). On August 23, 2023, the tech billionaire rekindled this relationship by tweeting, ‘X is a dog and Doge friendly place’!
As expected, Dogecoin investors took this as a sign that the billionaire has plans for the token. Right now, Dogecoin (DOGE) investors are waiting to see if the token will become a means of payment on X.
Although DOGE recorded a minor price surge after Elon Musk’s tweet, the token lost 8.81% since then. On August 16, Dogecoin traded at $0.06953. Dogecoin went bearish shortly after and traded at $0.06340 on August 28.
According to analysts, DOGE is following the general bearish trend in the crypto market, and the token will record a massive price surge if Elon Musk includes it on X.
VC Spectra (SPCT) Set to Deliver Massive ROI to Early Investors
VC Spectra (SPCT) is an innovative decentralized trading and asset management platform built to drive development in the blockchain industry through strategic investments in high-potential projects.
This decentralized hedge fund allows crypto investors from all backgrounds to access high-level blockchain investment opportunities. VC Spectra (SPCT) holders also get quarterly rewards and access to exclusive pre-ICOs.
When SPCT launched, the platform raised $2.4 million in private seed sale. Currently, VC Spectra is in the third presale stage, and the token is selling for $0.025 after surging 127.27%.
After all presale stages conclude, VC Spectra will hit the mainstream crypto market and list on major crypto exchanges. The token will sell for $0.08 and deliver investors a massive 220% ROI.
About VC Spectra (SPCT) presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io/
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
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