The common denominator between XRP and Maker (MKR) is their presence in decentralized finance (DeFi). VC Spectra (SPCT) is the latest entrant in this ever-growing sub-sector of crypto, funding thriving start-ups in blockchain and technology.
Early adopters anticipate gaining 212.5% on their investments, despite the platform still being in Stage 2 of its presale.
Find out more later after the news for XRP and Maker (MKR).
Gemini Exchange Opens Up XRP Deposits
XRP’s partial July court victory opened the door to several re-listings from major exchanges. While the legal battle persists, XRP is among the most talked-about projects. Gemini, whose founders were initially not enamored with XRP, has become the latest crypto trading platform to list the token.
Now there are rumors about a potential XRP exchange-traded fund (ETF). Yet, this is unlikely to happen given the confusion around XRP’s regulation with the pending legal case. The price is certainly a reflection as it first soared almost 2x following the court ruling but soon dropped 36% from $0.93 to $0.59.
Still, the recent $0.93 high surpassed most predictions, with a slight possibility of XRP reaching this target before 2024.
Now let’s look at how Maker (MKR) is performing.
Maker (MKR) Attracts More Deposits After Hiking DAI Savings Rate
Maker’s (MKR) community introduced the Enhanced Dai Savings Rate (EDSR) to raise the interest rate of the Dai stablecoin to 8%. Since its introduction, the price of Maker (MKR) has increased by 48% from $923 to $1369 (now trading at $1215).
Spark Protocol, a DeFi lending platform linked to Maker (MKR), also saw a jump in deposits from $57.7 million to $440 million on August 6, 2023. Yet, Maker (MKR) is facing controversy after blocking users from using Spark Protocol with a VPN.
Despite this, Maker (MKR) remains one of the big players in DeFi. For this reason, most forecasters are confident Maker (MKR) has a high chance of at least crossing the $1500 mark in the coming months.
VC Spectra (SPCT) is another project set to be a mainstay in DeFi with its approach to trustless hedge fund investing.
VC Spectra (SPCT) To Perfect Trustless, (Sustainable) Hedge Fund Investing
VC Spectra (SPCT) is for visionary investors who wish to become stakeholders in the unwavering advancement of blockchain and technology. It introduces a cutting-edge trustless hedge fund to invest in emerging companies within these markets.
VC Spectra (SPCT) is built with Ethereum, taking advantage of its superb cryptography to offer a secure platform. The protocol will also use its smart contracts to handle the necessary asset management functions without third parties.
VC Spectra’s (SPCT) team is another underlying part of this hedge fund with their accuracy in selecting the most prosperous start-ups in a narrow vertical. Furthermore, the platform will use various complex strategies to minimize risks while ensuring the highest returns.
Getting involved with VC Spectra requires the Spectra token (SPCT). Users need this utility token to pay fees, invest, and, of course, get paid. It also gives other advantages:
- Additional SPCT (by holding the existing SPCT for an extended period)
- Voting rights
- Quarterly dividends through buybacks)
- Access to exclusive discounted pre-ICOs
You can purchase SPCT on the Ethereum and Bitcoin networks for next to nothing at $0.010. 212.5% gains were possible for those who bought in Stage 1 of VC Spectra’s (SPCT) presale at $0.008.
Still, investing now presents the perfect time for substantial returns to the tune of 627%. SPCT’s anticipated price after the presale is $0.08, 7.27x higher (or 627%). Thus, there’s much to gain with this fantastic opportunity.
Learn more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/login
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.