Amidst Ethereum Classic (ETC) facing price struggles, investors are exploring more promising alternatives such as Polkadot (DOT) and VC Spectra (SPCT). The remarkable success of VC Spectra has left investors astounded, as it raised a staggering $2.4 million within a mere two weeks during its seed private sale, leaving a lasting impression in the cryptocurrency community.
Ethereum Classic (ETC) investors seek alternatives as EGD grants $700K to 19 projects
In an effort to bolster the Ethereum Classic (ETC) ecosystem, the ETC Grants DAO (EGD) has awarded grants to 19 carefully selected projects. EGD, jointly funded by BITMAIN, ANTPOOL, and Ethereum Classic core developers, has allocated nearly $700,000. These funds are intended to support innovative initiatives across various Ethereum Classic network categories.
Despite the efforts to boost the ecosystem, Ethereum Classic itself has experienced some setbacks in its price and trading volume. Currently trading at $18.78, Ethereum Classic (ETC) witnessed a 6.2% drop from its price of $20.02 a week ago.
Additionally, Ethereum Classic’s trading volume plummeted by 12.5% in just one day, declining from $137 million to $120 million. This downward trend signals that some investors may seek alternative options outside of Ethereum Classic.
Binance Futures discontinues support for Polkadot (DOT) as a margin asset in multi-asset mode
Binance Futures made an announcement regarding the discontinuation of support for Polkadot as a margin asset in Multi-Assets Mode. The change is set to take effect from July 27, leaving users with the need to adjust their portfolios accordingly.
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As of today, the transfer-in limit for Polkadot (DOT) has been updated to zero in the Multi-Assets Mode, signaling the end of their tenure on the platform. Binance Futures has assured its users that all Polkadot assets in their accounts will be automatically converted to USDT (Tether). Polkadot will still be available for trading on other sections of the Binance platform, allowing their communities to continue engaging and trading.
Even with the delisting announcement, Polkadot showcased resilience, registering a 2.82% price increase in the latest trading session, surging from $5.31 to $5.46. Furthermore, the trading volume for Polkadot (DOT) experienced a significant surge of 46%, soaring from $150 million to $219 million, reflecting ongoing market interest and activity.
Despite the delisting decision made by Binance Futures, other trading sections of the platform still present potential opportunities for Polkadot.
VC Spectra (SPCT) promises above-average returns for token holders
VC Spectra presents an alluring prospect for investors fascinated by promising start-ups and exponential growth potential. VC Spectra, managed by industry professionals, appeals to a diverse range of investors eager to explore opportunities in burgeoning industries.
Access to the VC Spectra (SPCT) platform is facilitated through its deflationary utility token, guaranteeing a fixed supply of 1 billion tokens. SPCT token holders gain access to exclusive investment opportunities in fresh initial coin offerings (ICOs) during seed and private sales.
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VC Spectra (SPCT) platform, expertly managed by industry professionals, has been generating significant buzz during its recent public presale. The SPCT token witnessed a remarkable surge of 37.5% as it entered Stage 2, climbing from $0.008 to $0.011. This impressive growth has instilled growing confidence and enthusiasm among investors, showcasing the immense potential of VC Spectra.
Forecasts predict further gains as the VC Spectra (SPCT) token advances to Stage 3, with an expected price of $0.025, indicating a substantial 127.27% increase from its current value of $0.011
