The Cosmos (ATOM) network launched the Callbacks Middleware on September 1 amid falling prices. The prevalent bear market also pushed Monero (XMR) further down even as its dedicated miner was launched on August 27. Meanwhile, VC Spectra (SPCT) has defied the crypto market by surging to 212.5% gains in Stage 3 presale.
Let’s understand why analysts call VC Spectra (SPCT) the best crypto to buy ahead of Cosmos (ATOM) or Monero (XMR).
Callbacks Middleware Launch Fails to Stop Cosmos Crypto Price Decline
The bear market decline in the Cosmos crypto price witnessed a relief bounce after Grayscale’s victory over the SEC. Cosmos (ATOM) rose by 4.4% on August 29 and went from $7.13 to $7.45. But this rise in the Cosmos crypto price was short-lived and ATOM has entered a further downtrend.
The Cosmos crypto announced the launch of Callbacks Middleware on September 1. It allows the integration of smart contracts with Interblockchain connectivity (IBC) on Cosmos (ATOM).
Despite this, the Cosmos ATOM price has continued to fall. Cosmos (ATOM) is down 8.5% from its August 29 high. On September 6, Cosmos (ATOM) was trading at $6.81 as the crypto market had stagnated. As a result, analysts are skeptical about Cosmos (ATOM) and advise caution before investing in it.
Monero (XMR) Wipes Out Gains Made After ASIC Miner Launch
The Monero XMR price has been declining constantly in the bear market. One of the main reasons behind Monero’s (XMR) decline has been the regulatory issues surrounding it. Governments all over the globe are cracking down on privacy tokens such as Monero (XMR) for the majority of 2023.
However, the XMR price witnessed a slight surge after Bitmain launched a dedicated Monero ASIC miner on August 27. The Monero (XMR) price went up by 3.5% from $142.90 on August 27 to $147.98 on August 30.
The rise in XMR price was short-lived as the bears took control of the market. Monero (XMR) is down a further 6% from its August 30 high. The Monero (XMR) price on September 6 is $138.99. Investors looking to buy Monero (XMR) are advised to exercise caution by experts.
VC Spectra (SPCT) Sets Presale Records with Astronomical Profits
The crypto market is plagued with issues such as high volatility, lack of regulation, and unethical individuals. VC Spectra (SPCT) aims to solve these through its decentralized hedge fund, trading, and asset management platform. It’s an open to all platform irrespective of geographical location, financial or technical background.
The VC Spectra (SPCT) platform uses blockchain technology to be completely democratic, safe, and efficient. It deploys smart contracts and AI to automate the trading and investment process. Through its investments in new ICOs and best DeFi projects, VC Spectra (SPCT) generates sustainable profits.
The native governance token of VC Spectra, SPCT, is built on the Bitcoin network and adheres to the BRC-20 standard. The SPCT token can be used to make transactions, pay fees, vote, and trade on the Spectra platform.
The SPCT token is in Stage 3 public presale at a price of $0.025 per token. The Stage 1 and Stage 2 presale investors have earned profits of 212.5% and 127.27%, respectively. When presales end, the SPCT price will reach $0.08, and Stage 3 investors will get an ROI of 220%.
The stupendous gains and utility have enabled VC Spectra (SPCT) to deny the bear market woes. VC Spectra (SPCT) has emerged as the expert’s pick for the best cryptocurrency to buy now.
Learn more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/login