While XRP is in the spotlight thanks to a recent favorable court decision on July 13, VC Spectra (SPCT) and 1inch Community (1INCH) are emerging as undiscovered jewels. 1inch Community (1INCH) rises to a 30-day high in its average trading volume. In the interim, VC Spectra (SPCT) has successfully raised $2.4 million through its private seed sale, garnering significant investor interest. To learn more, read the sections below.
Highlighted by XRP: Favorable Decision Drives the Altcoin
After a period of legal ambiguity and trading limitations, XRP is now ready to succeed in the cryptocurrency market. On July 13, XRP’s volume of purchases and sales reached an all-time high of $10.4 billion.
According to the court decision, Ripple’s XRP is not a security. As a result, on July 13, XRP’s 24-hour purchasing and selling volume experienced a sharp increase, rising from $613 million to $11.2 billion. As a result, its value increased dramatically by 85%, from $0.47 to $0.87.
XRP is resilient despite the general market decline, trading around $0.72. Additionally, XRP’s market value has seen a significant increase, rising to $38.8 billion in the last day and making it the fourth-largest cryptocurrency by market capitalization.
Unleashing Potential for Positive Points using VC Spectra (SPCT)
Through its commitment to innovation, VC Spectra (SPCT) is also transforming the market by promoting financial growth through strategic investments and initial coin offerings (ICOs). By offering long-term improvement, VC Spectra (SPCT) opens a door for investors to participate in successful blockchain projects.
Token holders benefit from certain privileges while investing in VC Spectra. It works as a BRC-20 common token on the Bitcoin network. On its platform, the VC Spectra token acts as a medium of exchange for decentralized buying and selling, asset management, and transaction fees. Its investors open up opportunities for increased profitability and involvement in the token’s value growth.
As it enters Stage 2 of its public presale, VC Spectra (SPCT) will further establish its position as the top decentralized hedge fund. This significant milestone might trigger a significant increase in the value of VC Spectra (SPCT), with predictions pointing to a 37.5% increase from the current VC Spectra (SPCT) value of $0.008 to $0.011.
The price of the 1inch Community (1INCH) Token soars to a 30-Day High
Following Ripple’s recent legal victory over the US SEC, the value of 1inch Community (1INCH) experienced a significant increase on the cryptocurrency market. The best way to do this was with UPbit Main on South Korean cryptocurrency exchanges.
With $360 million in 24-hour volume, 1inch Community took over as the second-most traded coin on UPbit during this rise. This is equivalent to more than 15 times the average 30-day trading volume of 1inch Community on the South Korean exchange.
Additionally, the 1inch Community’s value increase since yesterday has caused fast liquidations in the perpetual swap markets for $2.49 million. The amount of open interest (OI) on 1inch Community permanent swap contracts has surpassed $72 million, breaking a 20-month high.
It should be noted that 1inch Community emerged as the top gainer, enjoying a 20% gain in a single day, jumping from $0.35 to $0.42. This demonstrates how interest in and demand for the coin are growing.
