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Gala (GALA) has resurged after ending its bearish rally that began on July 11 and ended on August 8. Aave (AAVE) exhibits a similar scenario by appreciating substantially in the week leading up to August 9.
Following a similar trend, VC Spectra (SPCT) sparks investors' interest by raising $2.4 million in its private sale. But before we dive deeper into VC Spectra's (SPCT) winning trajectory, let's take a closer look at Gala and Aave.
On August 8, 2023, Gala announced its partnership with Elixir Games. This collaboration would enable players to enjoy Gala Games through Elixir's web3 distribution platform. This affiliation would benefit Gala in the long run by increasing investors' interest.
Following this positive news, Gala surged modestly, showing an appreciation of 1.7% from $0.0231 to $0.0235 on August 8. Furthermore, Gala's technical signals hint at a bullish movement. Analysts expect a 6.4% increase in value for Gala from $0.0235 to $0.0250 by the end of the week.
Although the odds seem to favor Gala, some technical parameters like the Chaikin money flow point towards an incoming bearish rally. Therefore, investors may want to avoid Gala for a few days until an uptrend is confirmed. But once Gala starts its rise, it could prove fruitful to investors.
Let's see if Aave shows a similar scenario.
On August 7, 2023, ARFC proposed strategically acquiring CRV tokens using USDT from the Aave DAO treasury. As the Aave community geared up to vote on the $2 million event scheduled for August 11, Aave's price showed a nominal surge.
Consequently, on August 9, Aave's price showed minuscule improvement by rising 2.3% from $65.72 to $67.22. This positive price action was followed by a similar 2.1% increase in market cap from $954.3 million to $974 million during the same time. Aave's price appreciation can be attributed to the excitement surrounding the CRV acquisition event.
Although Aave has shown potential for bullish movement following this proposal, its August 9 RSI still pointed towards an oversold state. Therefore, investors may want to avoid Aave for the next few days till it shows signs of recovery. But once it starts to recover, Aave can provide investors with healthy returns.
Until then, they can opt for VC Spectra (SPCT), which has grown tremendously.
VC Spectra (SPCT) is a decentralized asset management protocol focusing on sustainability and ethical investing. The platform utilizes intuitive trading strategies and modern technologies like artificial intelligence to identify lucrative investment projects.
VC Spectra (SPCT) employs an investor-centric approach by granting voting rights to the users. In this way, they can have an influential say in the platform's further developments and investments.
The platform's commitment to innovation and sustainability is evident through its deflationary burn mechanism integrated into the SPCT coin. This mechanism preserves the token's scarcity and reflects VC Spectra's (SPCT) dedication to creating a robust token ecosystem. VC Spectra's (SPCT) actively engages its community through transparent communication channels, fostering user trust.
Users who opted for VC Spectra (SPCT) saw a remarkable 37.5% upswing from $0.008 to $0.011 as it transitioned from Stage 1 to Stage 2 of its presale. With Stage 3 around the horizon, users anticipate another substantial surge of 127% from $0.011 to $0.025. This exceptional increase would signify a considerable gain of 212.5% from the coin's initial valuation of $0.008.
Overall, with an exceptional surge in value and a firm commitment to innovation, VC Spectra (SPCT) is poised to shape the future of decentralized trading.
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
