Since Bitcoin (BTC) and XRP became popular in the mid-2010s, the question remains if these projects could make millionaires. Reaching this status will take a significant investment now unless one invested before the 2017 or 2021 bull run.
But fear not, as all it currently needs is a gem of an altcoin like VC Spectra (SPCT) (1). This new project is sure to make millionaires overnight after jumping 37.5% in price, with bigger increases to follow during its presale.
Bloomberg Analysts Raise Bitcoin (BTC) ETF Approval Chances To 65%
Hopes of a bull run in Bitcoin (BTC) began on June 16, 2023, when BlackRock filed a spot ETF with the SEC. Soon after, other institutional giants followed suit, driving Bitcoin (BTC) up 28% from $24,840 to $31,875. Yet, Bitcoin (BTC) is down 9% (trading at $29,150) due to several events like a neutral crypto sentiment.
News of a potential first Bitcoin (BTC) spot ETF in the US signaled institutional interest, meaning more money would come into crypto. Analysts initially believed the chance of the SEC, an anti-crypto regulator, approving a Bitcoin (BTC) ETF was 1%.
Yet, few Bloomberg analysts suggest it's now 65% due to new developments like a potential victory for Grayscale against the SEC.
If things go as expected, the approval might happen by the end of this year, which should see Bitcoin (BTC) climb above its recent high.
With Bitcoin (BTC), let's look at XRP, another project linked to the SEC
XRP Down Almost 30% Despite Recent Partial Victory Against The SEC
Since the landmark July victory (though partial) for Ripple, XRP has been in sell-off mode. This could be a natural correction of investors securing profits, combined with a 57% decline in XRP daily active addresses, as noted by Santiment.
Yet, the overarching theme is the regulatory uncertainty that persists around XRP. The ongoing SEC vs. XRP legal case isn't finalized, meaning the token's future remains in limbo. Firstly, the SEC could appeal against Ripple. But the biggest problem is that the recent victory didn't conclude if XRP was a non-security in all cases.
When XRP peaked at $0.93 in July, this exceeded many expectations this year. But it's uncertain whether the price could reach this level again in 2023.
VC Spectra (SPCT) Set To Dominate The Asset Management Industry
VC Spectra (SPCT) offers investors a decentralized hedge fund to capitalize on the multi-billion-dollar blockchain and technology industries. The unique aspect of this platform is that all the companies funded will uphold social responsibility values.
This is VC Spectra's (SPCT) commitment to sustainable change while offering consistent returns. Of course, generating profit is integral. Here, VC Spectra (SPCT) has an arsenal of means in advanced strategies to decrease risks and amplify the gains where possible.
Users will only have the simple task of investing affordably to experience a seamless and autonomous platform run by smart contracts. This will also mean investors retain full custody over their assets and get paid profits without third parties.
SPCT is VC Spectra's earning currency and utility token, which provides other perks like quarterly dividends, voting rights, and exclusive discounted access to pre-ICOs.
Here's your chance to become a millionaire with VC Spectra by scooping up SPCT for a low $0.011 in Stage 2 of its presale. Before long, this will quickly climb 127% to $0.025 in Stage 3. Once VC Spectra (SPCT) goes live, you could be left with a 627% return, as the forecasted price here is $0.08.
Learn more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/login (2)
Website: https://vcspectra.io (3)
Telegram: https://t.me/VCSpectra (4)
Twitter: https://twitter.com/spectravcfund (5)
NOTE: This article serves as a press release for VC Spectra (SPCT) and is provided for informational purposes only. Coinnounce does not endorse, promote, or encourage readers to buy or invest in VC Spectra (SPCT) or any other cryptocurrencies mentioned in this article. The information presented in this press release is based on publicly available data and should not be construed as financial or investment advice. Readers are advised to conduct their own research and exercise caution when engaging in cryptocurrency investments. Coinnounce holds no responsibility for any investment decisions made based on the content of this press release.
