On this bearish-run crypto market, traders are constantly on the lookout for hidden gems with explosive potential. Litecoin (LTC) did not perform well despite the fact that it was expected to soar after the halving event, whilst Avalanche (AVAX) fell over the preceding seven days.
On the contrary, VC Spectra (SPCT) has emerged as a leader, unlocking secrets and strategies to tremendous advancement through exceptional presale achievements.
The hashrate of Litecoin (LTC) has reached an all-time high.
The hashrate of Litecoin has reached an all-time high. According to a message made by Litecoin’s Twitter handle on August 6, 2023, Litecoin reached 933.2 TH/s, making it stronger than ever. This suggests that more miners are moving into the Litecoin (LTC) community. Surprisingly, this increase in hashrate has led to an unusual peak in the Litecoin community.
However, Litecoin’s halving event had a negative impact on the LTC community. The past could conceivably replay itself. Similarly, the decline in Litecoin value indicates the possibility of a repeat of the 2019 halving. Litecoin (LTC) has followed a negative trend, with its value falling by 8.90% in the previous seven days.
Meanwhile, Litecoin has risen by 0.38% in the last 24 hours and is currently trading at $82.69 USD. Furthermore, Litecoin’s purchasing and selling volume increased by 49.34% during the same time period. According to the analyst, LTC bulls should defend the $80 area, but more losses are possible if they fail.
The Avalanche (AVAX) Foundation launched a $50 million initiative.
The Avalanche Foundation has set aside $50 million to purchase tokenized assets issued on the Avalanche network on July 25, 2023. Avalanche Vista follows a significant milestone in asset tokenization. By expediting the expansion of tokenization, Avalanche (AVAX) hopes to expand its ecosystem and attract new clients.
Regardless of Avalanche’s efforts to compete in the DeFi space, its TVL has steadily declined from $770 million to $608 million in recent months. Furthermore, AVAX’s value dropped 7.88% in the preceding 30 days.
Meanwhile, Avalanche (AVAX) is buying and trading for $12.48, a 1.17% decrease over the last 24 hours. Concurrently, Avalanche’s market cap fell by 1.18%. According to experts, Avalanche is following the current bearish trend.
The VC Spectra (SPCT): A Key to Expansion
VC Spectra (SPCT) is a decentralized buying and selling platform and asset management system that capitalizes on the multibillion-dollar blockchain and technology industry. By being a feasible option for stratospheric progress, VC Spectra has altered the traditional funding landscape.
That, however, is just not the case! VC Spectra offers cutting-edge data analytics and visualization tools, allowing them to harvest valuable insights from the blockchain and expertise markets. Furthermore, the VC Spectra (SPCT) protocol makes it available to everybody, regardless of financial status or location.
The prosperous trajectory of VC Spectra has grabbed buyers. Furthermore, VC Spectra manages investments, distributes awards, and stores cash using good contracts.
VC Spectra is now in Stage 2 of its utility token, SPCT, which is available for $0.011. Traders are already thrilled with the 37.5% ROI on their initial investment. Previously, the SPCT coin was valued at $0.008 in Stage 1. Traders are confident that VC Spectra will make an absolute profit after its presale concludes, indicating a 900% increase in the initial value. On all deposits, a limited-time offer of a 25% bonus is saved.