PRESS RELEASE
Published June 21, 2023
As cryptocurrency technology is a decentralized, people-regulated market, community engagement is of prime importance for cryptocurrency protocols. However, many previous currencies have overlooked this aspect, letting market forces alone drive their value. Newer coins like Spectra SPCT – currently in the first phase of its presale – aim to change that.
Let’s see how do ApeCoin (APE) and XRP (XRP) compare to Spectra (SPCT) in terms of community engagement.
Spectra (SPCT)
Spectra (SPCT) is a newdecentralized trust investment management platformbuilding a community that trusts it due to itsrisk-protected investments. Spectra (SPCT)’s cutting-edge technologies, likeartificial intelligence, machine learning, algorithms,andinvestment diversification,cushion its investors against crypto’s usual risks.
The platform also mitigates the environmental concerns of cryptocurrency by investing only insustainable projectsthat fulfill itssocial responsibility criteria.
Spectra (SPCT) prioritizes its people, offering themtransparency, control,andflexibilityin their investments. It does so by usingmultiple trading approaches,and its combination oftechnical and fundamental analysis with machine learning algorithms with real-time market data optimizationpromises profits for its investors.
Spectra (SPCT) offers unique benefits for the token holders in its community. They include quarterly dividends, voting rights, excess to exclusive pre-ICOs, and profit from buybacks. The Spectra (SPCT) supply iscapped at $1 billion,with no plans to increase after the initial sale.
With atoken price of $0.2currently, which is sure to appreciate over time, Spectra (SPCT) offers an investor-centric approach. So, many XRP (XRP) and ApeCoin (APE) users are shifting to Spectra (SPCT) despite it being in thefirst phase of its presale.
XRP (XRP)
The XRP (XRP) Ledger is a cryptocurrency used by Ripple, a real-time gross settlement system.
Created in 2012 by Ripple Labs Inc as a faster and more energy-efficient alternative to Bitcoin, XRP (XRP) is an open-source, permissionless, and decentralized technology known for its low fees, costing only $0.0002 to make a transaction. Other XRP (XRP) benefits are its scalability (1500 transactions per second) and speed, as one transaction can be settled in 3-5 seconds.
XRP (XRP) is also eco-friendly as it strives to be carbon neutral.
XRP (XRP) is a well-performing currency, rising in value over May 2023 from 0.4212 to 0.5442. However, June saw it fall by over 7% due to the SEC lawsuit against Ripple over not adhering to regulations, which has profound implications for the future of cryptocurrency. 11th June is seeing XRP (XRP) bounce back a little.
A cryptocurrency mired in lawsuits demotivates its investors and lowers its community engagement, as in the case of XRP (XRP). Spectra (SPCT) is a cryptocurrency poised to make gains where XRP (XRP) falls.
ApeCoin (APE)
ApeCoin (APE) is an ERC-20 governance and utility token that the APE ecosystem uses. ApeCoin (APE) strives to build an empowered decentralized community and places significant focus on community engagement. Additionally, ApeCoin (APE) aims to support developments in the Web3 economy through community control.
The platform’s governance occurs through a decentralized framework controlling the ApeCoin (APE) DAO. ApeCoin (APE) token holders vote on how to use the ApeCoin (APE) DAO Ecosystem Fund, and the foundation administers the agreed-upon proposals.
ApeCoin (APE) has been trending downward for a while, having fallen within a month by 30%, and currently sold at $2.28. An alarming 95% of ApeCoin (APE) token holders are enduring negative returns, raising questions about its long-term sustainability. The primary reason is ApeCoin’s (APE) diminishing network growth and a drop in its trading velocity.
Spectra (SPCT) is gaining on ApeCoin (APE), primarily due to offering a sustainable community-building protocol.
Conclusion
Community engagement is vital to any cryptocurrency. Both ApeCoin (APE) and XRP (XRP) offer community-building policies, but their legal and market troubles have made Spectra (SPCT) amore lucrative option for the community-minded.
Join the Spectra (SPCT) communityhere.
Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit XRP (XRP) and ApeCoin (APE) Behind, Spectra (SPCT) Presale Sets New Benchmark in Community Engagement