Aave and ApeCoin Lose Momentum, VC Spectra Delivers Sustainable Investment Options

In the ever-shifting crypto environment, even slight changes in the market can have wide-ranging effects on a token. For example, Aave (AAVE) recorded a drop in price over the past week, and ApeCoin (APE) followed suit, plunging from $2.16 to $1.92.

However, VC Spectra (SPCT) has proven to be more sustainable and offers seed funding to help blockchain startups grow and scale their operations. This new decentralized hedge fund managed to raise $2.4 million in two weeks through its seed and private sales.

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Aave (AAVE) Registers A Modest Decline In The Past Week

After breaking through the $80.12 barrier on July 5, 2023, Aave (AAVE) has dropped by 5% to $75.98. Analysts attribute Aave’s (AAVE) loss of momentum to increased market volatility and massive selling pressure. However, the price of Aave (AAVE) has been increasing over the past day with a rise of 3%, suggesting that Aave (AAVE) is once again steadily creeping towards the $80 psychological level.

To further boost its ecosystem, the Aave DAO is reviewing a proposal to bring GHO, an Aave (AAVE) native stablecoin that is pegged to the US dollar, onto the Ethereum system. In addition, the proposal suggests introducing two facilitators to enhance the functionality of GHO: the FlashMinter Facilitator and the Aave V3 Ethereum Facilitator. Due to these developments, the AAVE token can experience a resurgence and possibly break through the $80 level in the coming weeks.

ApeCoin (APE) Loses Momentum as NFT Struggles to Regain its Stability

In January 2023, ApeCoin (APE) made an aggressive move to the top and achieved a market cap of $2.32 billion. This was an all-time high, but ApeCoin (APE) has been going downwards since then. As things currently are, ApeCoin’s (APE) market cap of $703.4 million is almost 69% below its peak, and it shows no signs of recovering.

ApeCoin’s (APE) bearish trend is related to the significant pressure within the NFT space, which has impacted prominent PFP collections such as the Bored Ape Yacht Club. According to market analysts, the recent stress in the NFT market has resulted in a loss of momentum for ApeCoin (APE) over the past week.

So, it’s no surprise that ApeCoin’s (APE) price plummeted by 11% from $2.16 to $1.92 within the past week. Not only that, experts suggest that Apecoin (APE) might drop further to $1.76 in the coming months.

VC Spectra (SPCT) Maintains Top Position in the Blockchain Industry

As Aave (AAVE) and ApeCoin (APE) lose momentum, VC Spectra (SPCT) continues to attract investors with its groundbreaking approach. As a leading firm driving innovation in blockchain, VC Spectra (SPCT) uses systematic and algorithmic trading approaches to enhance returns and reduce possible risks.

VC Spectra (SPCT) rewards investors with quarterly dividends and buybacks from the income they make from their investments. Furthermore, VC Spectra (SPCT) users get access to early-stage blockchain ventures, fresh ICOs in seed sale, and diversified portfolios.

VC Spectra’s native token (SPCT) is a BRC-20 standard token used for exchange, decentralized trading, asset control, and transaction fees on the Spectra platform. SPCT is built on the Bitcoin blockchain and is deflationary, with a burn mechanism diminishing token circulation over time.

With its high utility, VC Spectra (SPCT) is establishing its reputation as a reliable platform in the blockchain industry. The SPCT token is valued at $0.008 while it is still in the first stage of its public presale. The good news is that VC Spectra (SPCT) is expected to skyrocket by 900% to its $0.08 target price once it officially launches. Elevate your finances to new heights by seizing the investment potential offered by VC Spectra (SPCT).

Learn more about the VC Spectra presale here:

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

Website: https://vcspectra.io

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund

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