Binance (BNB) is under intense scrutiny following accusations leveled against the exchange by the SEC and CFTC. Apart from Binance (BNB), Litecoin (LTC) is also experiencing a price drop as it nears a milestone. But the token you should pay the most attention to is VC Spectra (SPCT), a project that has already raised $2.4 million through private sales.
Binance (BNB) price suffers from regulatory pressure
Binance (BNB) is the subject of SEC lawsuits and the CFTC. Binance’s (BNB) response to the CFTC complaint is expected on July 27, and the press is hurting the exchange. This comes after two less than ideal weeks for Binance.
On July 14, Binance (BNB) lost its place as the fourth cryptocurrency in the world, according to CoinMarketCap. This happened due to heightened mistrust of Binance (BNB) after the SEC criticized the exchange for trading securities.
Binance (BNB), however, did not experience a price surge following this verdict. On the contrary, Binance (BNB) has down 2%, dropping from $241.6 to $236.7 on July 27. This indicates that the negative momentum can still be sustained for the BNB token.
Binance (BNB) may face further declines following SEC lawsuits against it and other cryptocurrencies until a final decision be taken. Until then, investors are well advised to turn to successful projects such as VC Spectra (SPCT).
Litecoin suffers some losses as the halving approaches
Litecoin (LTC) will experience its next halving on August 2, 2023. This event will decrease rewards for LTC miners. The market can expect the price of the token to fall, because minors will no longer be incentivized to mine new LTC tokens.
Similarly, the resources allocated to Litecoin (LTC) mining by the Binance (BNB) mining pool are at their lowest level for seven months to July 26.
In the week leading up to July 26, Litecoin (LTC) has lost about 4% of its value. During this period, its price fell from $93 to $89, indicating the effects of reduced market interest.
Overall, at the moment, Litecoin (LTC) doesn’t seem like the best investment for the days to come.
Alternatively, VC Spectra (SPCT) could prove interesting if you are looking for a good investment opportunity.
VC Spectra (SPCT) Offers Unique Investment Opportunity Following Significant Price Rise
VC Spectra (SPCT) is a decentralized asset management platform which focuses on early stage investments such as ICOs. VC Spectra (SPCT) uses AI algorithms and trading strategies to choose the best investment projects. This allows VC Spectra (SPCT) toachieve returns while minimizing risk.
40% returns of any VC Spectra (SPCT) fund are offered as dividends to eligible SPCT holders. Besides these returns, you can also benefit from the expected rise in the price of VC Spectra (SPCT).
If you had invested in VC Spectra (SPCT) at its original price, you would have benefited from a expected gain of 900% at the end of the sale. But it’s not too late to invest, because this massive gain is achieved step by step during the presale.
During the transition to stage 2 of the presale, his price increased by 37.5%. When VC Spectra (SPCT) will move into Stage 3 of its public presale, we can expect a 127% increase in pricewhich will drop from $0.011 to $0.025.
And to top it off, you’ll receive a 25% match bonus on all deposits you make right now.
To learn more about the VC Spectra (SPCT) pre-sale, click here:
Participate in the presale: https://invest.vcspectra.io/login
Website : https://vcspectra.io
Receive a digest of news in the world of cryptocurrencies by subscribing to our new service ofdaily and weekly so you don’t miss any of the essential Tremplin.io!