1 year ago
48
The post Polkadot’s Sudden Drop In Value Explained: Alternative Investment Options For July appeared first on Coinpedia Fintech News
After a few bullish weeks, Polkadot (DOT) is among the altcoins shedding some gains. Still, investors are hopeful July will continue the rising prices from June. Others will look to alternative investment options this month, such as a new project with a presale that’s raised $2.4 million in two weeks.
Polkadot (DOT) Dips Slightly Bullish Run
Polkadot (DOT) rose almost 34% from $4.21 to $5.63 beginning June 10, 2023. Yet, the DOT price has retraced by 9.21% from the latter price to $5.11. No specific news for Polkadot (DOT) explains this drop other than a decrease in certain metrics.
LunarCrush reveals a 25% reduction in social mentions and social dominance of DOT. In addition, Messari reveals a decrease in 24-hour trading volume for Polkadot (DOT) from $1.98 million to $970,000.
On the bright side, the Unique Network, one of Polkadot’s (DOT) parachains, launched an NFT platform, the Unique NFT marketplace. It’s an achievement for Polkadot (DOT) since users can create utility through royalties, sponsorships, nesting, bundling, etc.
Considering all of this, most forecasters believe Polkadot (DOT) will trade no higher than $6 for July. So, let’s look at VC Spectra (SPCT) and how it will fare for this month and beyond.
VC Spectra (SPCT) Offers An Accessible Platform to Invest in the Promising Future of Blockchain and Technology
VC Spectra (SPCT) is ideal for anyone seeking alternative investment opportunities with above-average returns. It’s a unique crypto-based hedge fund investing in promising start-ups and managed funds within blockchain and technology.
VC Spectra (SPCT) recognized the exponential growth of the latter industries and is looking to welcome all investors. Financial accessibility is a key focus area for the platform. No minimum deposits apply with VC Spectra (SPCT), meaning investors choose what they’re comfortable allocating.
Moreover, users control their assets thanks to smart contracts that eliminate third parties. Such technology lets investors track and make informed decisions about their portfolios in real time.
VC Spectra (SPCT) relies on an experienced team and its proprietary trading strategies to ensure profitable returns. The investment pros will apply a rigorous selection process to pick the best projects. Meanwhile, the mechanical and algorithmic strategies will find all opportunities to cut the downside while increasing the gains.
The other selling point that makes VC Spectra (SPCT) a true alternative is that the fund only backs companies with sustainable and ethical practices. This aligns with the service’s core values of transparency and social responsibility.
SPCT, VC Spectra’s deflationary utility token, is how investors get involved with this platform. This token has a fixed supply of 1 billion. Also, a certain portion of transaction fees is ‘burned’ to further prevent inflation and grow its value.
Users who have bought SPCT at its current value of $0.008 anticipate Stage 2 of VC Spectra’s private sale, which will likely begin sometime in July. Here, the price will increase to $0.011, equaling a 37.5% jump. The latter increase appears far-fetched for Polkadot this month.
But it gets better for VC Spectra (SPCT). The long-term prediction is an impressive 900% return (to $0.08) for the early investors who bought the utility token at $0.008.
Learn more about the VC Spectra presale here:
English (US) ·