In this declining market, it’s rare for a cryptocurrency to post a 2x return. But Stacks (STX) achieved this in June, thanks to some favorable events. The smart contract platform is closely associated with Bitcoin (BTC), yet many investors see Stacks as a better option for their pocket.
Meanwhile, you may wonder where to invest your money next for a similar (or better) gain. An alternative investment platform in early blockchain and technology start-ups may prove a viable solution, forecasted for an unprecedented 10x surge: VC Spectra (SPCT)!
Stacks (STX) riding off the back of renewed interest in Bitcoin
Stacks has added a new layer of usage to Bitcoin since its launch at the start of 2021. STX’s price is rising due to several Bitcoin-related fundamental events. The main one is BlackRock’s decision to file a Bitcoin exchange-traded fund.
Interestingly, this is with the SEC, the same regulator in a legal battle with Coinbase, which may be the custodian for the ETF. Still, institutional interest in Bitcoin (BTC) is high, which has been good for Stacks (STX).
Other analysts have also suggested that the SEC’s viewing of Bitcoin as a commodity rather than a security offers it a competitive advantage. This is also positive for the Stacks blockchain.
Advertisement
Since 10 June 2023, Stacks have increased more than two-fold from $0.43 to $0.88. Of course, this doesn’t mean Stacks (STX) is out of the woods. But if this momentum continues, a $1.50 target for Stacks is possible sometime in 2023.
VC Spectra (SPCT) ushers investors into the future of Blockchain and technology start-ups
One of the keys to successful investing is capitalizing on trends. The blockchain and technology industries have bright futures and significant multi-billion-dollar growth potential. This means lucrative opportunities for those who seize them.
VC Spectra (SPCT) is the facilitator of this possibility. It’s a decentralized hedge fund and trading platform for forward-thinking start-ups in blockchain and technology. VC Spectra is open to anyone looking for an alternative investment option with high returns.
Its team of venture capitalists and technologists have the know-how to evaluate the crème de la crème of ventures. Another element that will help VC Spectra achieve profitability is its advanced strategies like hedging, arbitrage, and diversification.
Smart contracts handle much VC Spectra (SPCT) operations, while cryptography deals with security. Combining both makes for a seamless and permissionless platform that gives power back to users.
SPCT, VC Spectra’s utility token, further adds to the service’s community essence. Holders of SPCT have voting rights where they can contribute meaningfully to VC Spectra’s governance. The bigger their holdings, the more powerful their say is.
Advertisement
The second benefit of SPCT is you can access initial coin offerings at a discounted rate before they become public. Finally, on top of profits earned from the invested projects, investors can receive dividends quarterly through buybacks.
VC Spectra’s (SPCT) stage 1 presale has already generated over $2.3 million in two weeks. The price is currently $0.008. Users investing in VC Spectra (SPCT) now could gain an impressive 10x gain if the value reaches the targeted $0.08 before the presale ends.
