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Tron’s (TRX) price has fallen significantly from July 22 to August 9. Maker DAO (MAKER) is facing a similar downtrend in the week leading up to August 9. However, there is a new project called VC Spectra (SPCT) that is expected to make some significant gains soon.
But before we talk about VC Spectra (SPCT), a project that raised $2.4 million in its private sale, let’s talk about Tron (TRX) and Maker DAO’s (MAKER) current situation.
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Tron (TRX) Registers A Significant Loss Since Its July High
Compared to its monthly high on July 22, Tron’s (TRX) price is down by around 17.4% from $0.092 to $0.076. This fall comes after news of the breach of Tron’s (TRX) related payment platform, Alphapo, on July 22, 2023.
In Alphapo’s exploit, funds worth around $31 million were stolen, including some assets native to Tron (TRX). This theft seems to have had an impact on Tron’s market sentiment. Tron (TRX) has not recovered from the sharp fall that followed July 22. On August 9, Tron (TRX) hit its price floor at around $0.076.
Although it may not descend too much further, investors might want to stay cautious and avoid Tron (TRX) for the moment.
Maker DAO (MAKER) seems to be in a similar situation.
Maker DAO (MAKER) Loses Value as it Blocks VPN Use
Maker DAO (MAKER) launched a new protocol named Spark around May 2023. This new protocol allows Maker DAO (MAKER) users to use their rETH to borrow the DAI stablecoin. Soon after its release, around August 7, 2023, there were reports of Maker DAO (MAKER) blocking VPNs’ access to this new protocol.
Although this step was supposed to stop users from the US from accessing the platform, it has irked some users. Some people are concerned about maintaining user privacy, an important concern in the crypto space. Since these reports came out, Maker DAO’s (MAKER) price has not risen, hovering around the $1,205 mark.
Besides the recent loss in momentum, Maker DAO (MAKER) also lost about 9.4% of its value from $1,330 to $1,205 in the week leading up to August 9.
However, it is also worth noting that Maker DAO (MAKER) has still registered gains in the month ending on August 9.
So overall, while Maker may be a great long-term investment judging from its monthly gains, traders may want to avoid it in the short term, given its recent losses. Instead, you might want to look towards VC Spectra (SPCT) as a possible investment.
VC Spectra (SPCT) Offers Sign-Up Bonus as Stage 2 Presale Continues
VC Spectra (SPCT) recently registered a 37.5% price gain as it moved from Stage 1 to Stage 2 of its presale. And further gains are expected. But what is VC Spectra (SPCT) about?
VC Spectra (SPCT) is a decentralized asset management platform. Armed with cutting-edge tech, VC Spectra (SPCT) aims to make investment tools available to everybody, regardless of their background. VC Spectra (SPCT) offers its investors different specialized funds for tailored investment options.
VC Spectra’s (SPCT) token SPCT is the basis for all of the platform’s functions. Buying VC Spectra (SPCT) makes you eligible for a couple of benefits, including a higher probability of success and voting rights.
And the quicker you buy, the more you can earn. In Stage 3 of its presale, the price of SPCT will rise to $0.025 from its current Stage 2 price of $0.011. This is an increase of 127% that you want to take advantage of.
And to top it all off, VC Spectra (SPCT) is currently offering a limited-time 25% bonus on all new deposits. So you get a bonus right from the start.
Find out more about the VC Spectra (SPCT) presale here:
- 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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