ApeCoin (APE) had a strong performance in the second week of August 2023, but it’s back to its previous low levels. Meanwhile, investor “optimism” for Optimism (OP) is decreasing along with its prices.
As ApeCoin (APE) and Optimism (OP) struggle with their unfavorable momentums, VC Spectra (SPCT) is illuminating the path to enormous rewards for investors. Besides raising $2.4 million in its private/seed sale, VC Spectra (SPCT) is building investor confidence thanks to its successful public presale.
So, why are ApeCoin (APE) and Optimism (OP) no competition for VC Spectra (SPCT)? Let’s find out!
>>BUY SPCT TOKENS NOW<<
ApeCoin (APE): Large Whale Transfers Significant Amounts through Binance
On August 1, ApeCoin (APE) reached a new all-time low due to increased pressure on the Bored Apes Yacht Club NFT collection.
ApeCoin’s (APE) price dropped to $1.77 but soon rose to $2.07 on August 6. However, ApeCoin (APE) continues to remain at low levels, and as of August 17, the price was $1.80.
LookOnChain indicates significant activity by a large ApeCoin (APE) whale since August. Machi Big Brother acquired 1.51 million APE tokens (equivalent to $3.09 million) through Binance starting from August 2.
The whale’s behavior implied confidence in ApeCoin (APE) prospects. However, the ApeCoin (APE) token unlock scheduled for August 17 could challenge any price recovery initiatives started by the whale accumulation.
According to data from August 17, the general sentiment surrounding ApeCoin (APE) is bearish, and analysts believe the price could fall to $1.66 by September.
Optimism (OP): Price Drops Due To Hacking Pressure
Optimism’s (OP) price increased consistently since the SEC vs. XRP ruling on July 13, 2023. To be specific, Optimism (OP) experienced a 19.9% surge from $1.45 to $1.81 between July 13 and August 8, which attracted investor interest.
However, on August 9, hackers breached the BASE network, which operates on the Optimism Stack, and stole ETH tokens worth $1 million. Furthermore, on August 11, Coinbase’s Layer 2 Base surpassed Optimism (OP) in daily active users.
The hacking and waning popularity led to Optimism’s (OP) price decrease. As of August 17, Optimism’s price was $1.45, with a trading volume of $129.83 million. The overall sentiment for Optimism (OP) is bearish, and analysts predict a price range of $1.24 to $1.43 by September.
Meanwhile, Optimism (OP) holders are seeking price stability and gains by turning to VC Spectra (SPCT) amidst the uncertain decline and uptrend.
VC Spectra (SPCT) Offers Excellent Investment Opportunities
VC Spectra (SPCT) is a decentralized hedge fund providing investors with unique opportunities to participate in early-stage projects. The platform differentiates itself from cryptocurrencies like ApeCoin (APE) and Optimism (OP) by conducting thorough due diligence.
VC Spectra’s (SPCT) comprehensive assessment instills investor confidence, maximizing profits and mitigating risks.
VC Spectra (SPCT) raised $2.4 million in a highly successful private presale, demonstrating strong trust and enthusiasm for the platform. It is in Stage 2 of its public presale, offering an attractive investment opportunity for interested parties.
The token price jumped to $0.025 from $0.011 while in Stage 2 of the public presale. At this point, the platform realized a substantial gain of 212.5% for Stage 1 investors and 127.27% for Stage 2 token holders.
If someone currently buys VC Spectra (SPCT) tokens, they will benefit from a 220% surge by the end of the presale when the price reaches $0.08. Furthermore, investing in VC Spectra (SPCT) currently offers a 25% bonus on the deposited amount.
Learn more about the VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io/
Twitter: https://twitter.com/spectravcfund
Telegram: https://t.me/VCSpectra