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Stellar’s (XLM) value has significantly increased recently, all thanks to widespread use and considerable attention from investors. On the other hand, Maker’s price continues to rise despite two prominent whales moving substantial amounts of MKR to exchanges.
Amidst the rise of Stellar (XLM) and Maker (MKR), VC Spectra (SPCT) has emerged as an unshakable and potential option in the cryptocurrency market.
The platform raised $2.4 million during its seed and private sale in just two weeks, demonstrating strong investor appeal.
Stellar (XLM) Still Maintains a Bullish Momentum Post Ripple Victory
As of July 23, 2023, Stellar’s XLM price is $0.1588, with a market capitalization of $4.3 billion and a trading volume of $291.8 million.
XLM has experienced a decrease of 0.38% within the past 24 hours. However, the price increased by an astounding 20% between July 19 and July 20, with an upsurge of more than 40% in a week.
Ripple’s (XRP) recent legal victory could be one of the reasons behind Stellar’s (XLM) price surge. Additionally, the growing number of cross-border payment partnerships has significantly enhanced Stellar’s trading activity.
Also, Stellar network’s technical strength, innovation, and development team could be another contributing factor to the rise of Stellar’s XLM.
Analysts anticipate a bullish sentiment for Stellar (XLM), suggesting buyers may drive the price to $0.2 by the end of 2023.
The Maker (MKR) Price Surges Amidst Whale Withdrawals
Maker’s (MKR) price rose by about 20% in a 24-hour period on July 21, 2023, reaching $1,147.30.
However, Maker (MKR) has a price range of $1,075.16 to $1,114.16 as of July 23, 2023, with a $78.7 million trading volume.
The sudden Maker (MKR) price rise has prompted increased activity from two major players, Andreessen Horowitz (a16z) and digital asset fund CMS Holdings.
Andreessen Horowitz, also known as a16z, deposited 12,864 MKR, valued at around $12.6 million, into Coinbase on July 22, 2023. On the same date, CMS Holdings deposited 525 MKR (approximately $614K) into Binance.
The actions of these two key participants may result in an excess supply of Maker (MKR), potentially leading to a price decrease.
Analysts, however, believe that Maker (MKR) will maintain its bullish pace, eventually rising to $1,244.06 by the end of 2023.
VC Spectra’s (SPCT) Presale Yields Remarkable Results
VC Spectra (SPCT), a decentralized hedge fund, is emerging as a superior option compared to Stellar (XLM) and Maker (MKR). Why?
VC Spectra (SPCT) utilizes a team of seasoned venture capitalists and investment professionals to identify top-performing blockchain enterprises.
Furthermore, VC Spectra (SPCT) uses algorithmic, systematic, social, and copy trading tools to optimize returns and minimize losses.
Additionally, VC Spectra (SPCT) leverages AI and other technologies for intelligent investments in the crypto market.
VC Spectra (SPCT) token holders receive early access to blockchain projects, exclusive invitations to high-value pre-ICOs, and voting privileges in promising Web3 startups. In addition, they receive quarterly dividends and buybacks.
VC Spectra (SPCT) is currently in Stage 2 of its public presale, with the token price trading at $0.011. During Stage 1, the token sold at $0.008, resulting in a 37.5% gain for investors.
Investing in Stage 2 will result in a 627% surge. VC Spectra (SPCT) token will trade at $0.08 on major cryptocurrency exchanges, with early investors expecting a significant 900% ROI.
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
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