As we approach the final quarter of 2023, users are searching for tokens with the best prospects. Two famous names have come up – Optimism (OP) and Avalanche (AVAX). However, They have been placed below VC Spectra (SPCT), particularly because the latter is believed to have a real-world utility with huge long-term value. Is such a comparison reasonable? Let’s see.
Optimism (OP) Rallies as Network Hits New Milestone
Optimism’s (OP) mid-July rally continued sharply in August. It was trading at $1.21 on July 13. Nearly two weeks later, it jumped by 28.9% to $1.56 on July 23. Optimism (OP) remained in that range until August 3, when it jumped by 4.4% to $1.63. As of August 8, Optimism (OP) is trading at $1.74.
Optimism’s (OP) rally coincided with its new milestone of nearly a million transactions on July 27. A chunk of this increase was propelled by its partnership with Worldcoin.
Some expect Optimism (OP) to rise by 14.3% to $1.99 due to its rising network activity. Others expect competition from Arbitrum to push Optimism (OP) down by 28.1% to $1.25.
Avalanche (AVAX) was Affected by Curve’s 1.5 Billion Loss
Avalanche’s (AVAX) sharp drop in the past few days has been quite concerning. It was trading at $15.78 on July 14. It then fell by 16.4% to $13.19 on July 25. Avalanche (AVAX) fell by 3.1% to $12.78 on August 1. As of August 8, Avalanche (AVAX) is trading at $12.70.
Avalanche’s (AVAX) decline over the past few days coincided with the huge drop in value for Curve Finance. After its recent network hack, users withdrew over $1 billion from the network’s value.
Avalanche (AVAX) is expected to drop by 17.3% to 10.50 due to panic around finance tokens caused by Curve’s sharp drop. Others say Avalanche (AVAX) will rise by 19.6% to $15.20 due to expected bullishness in the Defi market.
VC Spectra (SPCT): Propelling the Growth of Blockchain Projects.
A comprehensive report from MarketsandMarkets shows that the blockchain market size is expected to rise to $39.7 billion by 2025. Many users are curiously looking for ways to capitalize on this remarkable growth.
Many projects are out to help users with this goal. But few, like VC Spectra (SPCT), have strong potential for success. Native to Bitcoin, VC Spectra (SPCT) is an asset powerhouse that grants users special access to high-yielding opportunities.
The platform is remarkable for the range of flexibility it offers its users. With VC Spectra (SPCT), users can choose individual projects or crypto-focused hedge funds managed by experienced professionals.
The upsides of using VC Spectra (SPCT) include dividends, buybacks, voting rights, and a higher chance of success. VC Spectra (SPCT) is available for purchase on Bitcoin and Ethereum. It’s currently in stage 2 of its public presale, costing $0.011. However, VC Spectra (SPCT) is expected to rise by 127.71% to $0.025.
Learn more about the VC Spectra’s (SPCT) presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
