Avalanche (AVAX) has been significantly bearish for the past seven days. The altcoin has traded in red and hasn’t made any green signals. Furthermore, Filecoin (FIL) has joined the downward price trajectory, recording a significant bearish hit on Tuesday.
While Avalanche (AVAX) and Filecoin (FIL) are seeing a price decline, VC Spectra is establishing itself as a competitive force in the crypto market. The platform’s unique innovation has piqued the interest of investors from all around the world to partake in its presale.
Avalanche’s (AVAX) Bears Continue to Dominate
The bears have dominated Avalanche (AVAX) over the past seven days. The altcoin’s price has steadily declined, falling from $14.01 on July 22, 2023, to $13.09 at the time of writing. This represents a 6% decline in the last seven days.
On July 25, 2023, Avalanche (AVAX) announced the launch of Avalanche Vista, a $50 million initiative to invest in real-world asset tokenization. According to Avalanche’s (AVAX) team, this will accelerate the growth of tokenization and its role in on-chain finance (OnFi). However, Avalanche (AVAX) continued trading in red, showing no reaction to the news.
Avalanche (AVAX) performance currently suggests an 86% bearish trend and a 14% bullish trend. According to experts, Avalanche (AVAX) is expected to continue its downward trajectory.
Filecoin (FIL) Experiences Bearish Market Sentiment
Filecoin (FIL) has been on an impressive bullish run since the month began. The platform’s Filecoin Virtual Machine (FVM), launched in May, recently started gaining traction among developers two weeks ago. This has helped the altcoin maintain an upward price trajectory. However, Filecoin (FIL) is making a quick price shift, as it is now trading in the red.
Filecoin’s (FIL) price took a bearish hit on July 25, 2023, dragging it down from $4.52 to $4.39. This shows a slight bearish sentiment in Filecoin’s (FIL) market. However, according to experts, its long-term sentiment remains bullish; thus, Filecoin (FIL) could hit the $5 price level by September 2023.
VC Spectra (SPCT) Continues on an Upward Price Trajectory
While Avalanche and Filecoin have been experiencing bearish sentiments, VC Spectra (SPCT) has been solidifying a bullish market sentiment. VC Spectra (SPCT) is a decentralized hedge fund pushing strategic investments in the blockchain and technology industry.
The platform reimburses investors through quarterly dividends and buybacks based on investment returns. It also offers investors access to exclusive pre-ICOs and early-stage blockchain ventures.
Due to its unique features and real-world utility, VC Spectra (SPCT) has maintained a bullish performance in its presale. The decentralized hedge fund raised $2.4 million for its private/seed presale and has completed Stage 1 of its public presale, selling 125 million SPCT tokens.
VC Spectra (SPCT) is currently in Stage 2 of its public presale. Each SPCT token costs $0.011, a 37.5% increase from its initial price of $0.008. VC Spectra’s (SPCT) presale price has been predicted to surge by 900% from its initial selling price.
As a result, when VC Spectra (SPCT) enters Stage 3, it will gain a further 127.27% increase, with each SPCT token costing $0.025. VC Spectra’s (SPCT) price will continue to rise until it reaches $0.08 at the end of its public presale.
To learn more about VC Spectra (SPCT) and its presale, visit:
Buy Presale: https://invest.vcspectra.io/login