Press Release View Non-AMP

Avalanche (AVAX) and Stellar’s (XLM) Drops: Insights with VC Spectra’s (SPCT) Expected Gains

Published by
PR Manager

The hype surrounding VC Spectra (SPCT) and its real-world utility pushes it towards unmatchable gains. Meanwhile, the older cryptocurrencies, such as Avalanche (AVAX) and Stellar (XLM), have been struggling. Even the SEC vs. XRP case in the USA was unable to give Avalanche (AVAX) and Stellar (XLM) any sustainable gains. 

Learn what separates VC Spectra (SPCT) from Avalanche (AVAX) and Stellar (XLM). 

Avalanche (AVAX) Drops Further Despite New Partnerships

On August 11, 2023, Avalanche (AVAX) partnered with Blockpay. It will enable the conversion of cryptocurrencies on the Avalanche (AVAX) network into fiat currencies in real-time and be used with Mastercard. Earlier, the Avalanche (AVAX) Foundation introduced a $50 million tokenization incentive, Avalanche Vista, on July 25, 2023. 

Despite these announcements, the Avalanche (AVAX) price has been dropping steadily. 

Avalanche (AVAX) witnessed a small price surge after the SEC vs. XRP case ruling on July 13, 2023. Avalanche (AVAX) rose from $13.02 on July 13, 2023, to $14.83 on July 16, 2023. However, the price of the Avalanche (AVAX) token has since corrected due to market conditions and is trading at $12.30 on August 15, 2023. This is a 17% drop in the Avalanche (AVAX) price since July 16, 2023. 

The price action has prompted analysts to have a bleak outlook for Avalanche (AVAX) and rule out any substantial gains. 

Stellar (XLM) Releases Soroban Testnet As Its Price Dwindles

In the past year, the Stellar (XLM) Organization has been working to develop its innovative contract platform, Soroban. Soroban is currently in its testnet phase and is titled Futurenet. During this period, Stellar (XLM) has also announced $100 million in funds to accelerate Stellar’s (XLM) smart contract adoption. 

In recent developments, on August 9, 2023, Stellar (XLM) partnered with the United Nations High Commission for Refugees. Through this partnership, Stellar (XLM) will help ease withdrawal options for aid recipients. 

Despite these developments, Stellar’s (XLM) price surged only after the SEC vs. XRP case ruling on July 13, 2023. Stellar (XLM) price surged 79.1%, going from $0.096 on July 13, 2023, to $0.172 on July 20, 2023. After the surge, Stellar (XLM) quickly entered a correction phase as the markets cooled. Stellar (XLM) is down 22% from its July 20, 2023, high and is trading at $0.134 on August 15, 2023.

All Eyes On VC Spectra (SPCT) as Gains Multiply Exponentially

An innovative project with real-life utility, VC Spectra (SPCT), has gained unprecedented attention from investors. VC Spectra (SPCT) is a decentralized hedge fund designed on the Bitcoin network. VC Spectra (SPCT) specializes in investing in early-stage ICOs, blockchain startups, and projects. Through cutting-edge AI technology and crypto experts, VC Spectra (SPCT) picks low-risk, high-return projects to invest in. 

VC Spectra has its native token, SPCT, adhering to the BRC-20 standard. But the SPCT token can also be purchased on the ERC-20 network. VC Spectra (SPCT) token holders gain access to discounted ICOs and earn quarterly dividends and buybacks. The SPCT tokens can also be used for trading and gaining voting rights on the Spectra platform. 

VC Spectra is in Stage 2 of the public presale of SPCT at $0.025 per SPCT token. Once the public presales end, SPCT will be listed on major exchanges. But before that, experts predict the VC Spectra (SPCT) price to reach $0.08 per token. This would be a 627% ROI for Stage 2 investors. 

As Avalanche (AVAX) and Stellar (XLM) falter, the gains and utility have made VC Spectra the experts’ pick. 

Learn more about the VC Spectra presale here:

Buy Presale: https://invest.vcspectra.io/login

Website: https://vcspectra.io   

Telegram: https://t.me/VCSpectra  

Twitter: https://twitter.com/spectravcfund

Disclaimer and Risk Warning

The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.

PR Manager

Press release about recent ICOs, announcement from startups, new cryptocurrency launch by firms and unlike.

Recent Posts

FUNToken’s History Says: The Best Is Yet to Come

Historical data shows that the FunToken uptrend remains intact, as the utility token shows promising…

June 23, 2025

Kazakhstan Joins the Crypto Race with Solana-Powered Economic Zone

Kazakhstan has taken a major leap in digital innovation by launching the first-ever Solana Economic…

June 23, 2025

Key US Economic Events Could Trigger a Massive Crypto Market Sell-Off

This week could be pivotal for the crypto market as three major U.S. economic indicators…

June 23, 2025

Michael Saylor Sparks Bitcoin Sovereign Debate After Metaplanet Buys 1,111 BTC

Metaplanet is back on the move. The Tokyo-listed company just added 1,111 BTC to its…

June 23, 2025

Solana Price Eyes $156 As Kazakhstan MoU Sparks Expansion Buzz

Solana has signed an MoU with Kazakhstan to establish Central Asia’s first SOL-based economic zone.…

June 23, 2025

FTX Refuses to Cover 3AC’s Massive Losses – Here’s Why

The legal showdown between two fallen crypto giants continues as FTX has formally objected to…

June 23, 2025