A weak market has led to the decline of formidable crypto investments. Beginner cryptocurrency investors find it hard to profit in the weak crypto market. Less activity in the market has caused assets such as Chainlink (LINK) and Cosmos (ATOM) to lose substantial value.
On the other hand, experienced crypto investors are getting VC Spectra (SPCT) as the best crypto to buy. It promises up to 220% profit, has recorded a successful private seed sale, and has previous presale stages that have immensely profited early investors.
Chainlink (LINK) Struggles Despite Large Strides Connecting TradFi To DeFi
Follow CryptoMode on Twitter, Youtube and TikTok for news updates! On June 6, Swift and Chainlink (LINK), a top altcoin, announced an experimental collaboration to connect banks to the blockchain, leading to a slight increase in the Chainlink price. LINK went from $6.06 on June 6 to $6.26 on June 27.
Further, on July 27, it was announced that the Chainlink (LINK) CCIP was now live on several blockchain networks and banks. This Chainlink news led to a price increase for the top altcoin. The Chainlink price rose from $7.75 to $7.98 on July 28.
However, despite the progress of the Chainlink (LINK) SWIFT partnership, Chainlink (LINK) has entered a downward trend. Chainlink (LINK) has fallen to $6.01 on August 29. It fell below $7 on August 17, when it opened at $6.75, and has been trending downwards since.
Now, market experts have a negative outlook on Chainlink (LINK) and offer a bearish sentiment. Technical indicators also confirm this negative Chainlink price prediction. As a result, Chainlink (LINK) may end August at $6.
Bear Market Causes Cosmos (ATOM) To Fall
The weak cryptocurrency market has significantly affected the value of Cosmos (ATOM). The Layer 0 network has been trending downward for much of 2023 despite supporting the best DeFi projects in the crypto world.
On July 11, Composable Finance announced the launch of Centauri, an InterBlockchain Communication (IBC) Protocol to connect Cosmos (ATOM) to Polkadot (DOT). Consequently, the price of Cosmos (ATOM) rose 6.9% from $9.25 on July 11 to $9.89 on July 14 before it started declining.
Since then, Cosmos (ATOM) has been on a decline. In the last week, Cosmos (ATOM) has fallen 1.7% as it moved from $7.54 on August 22 to $7.41 on August 29. Consequently, analysts have declared a bearish market sentiment for Cosmos (ATOM).
Further, technical indicators confirm a bearish trend and a continued fall in the price of Cosmos (ATOM). Analyst projections indicate it could fall to $7.1 in the next few days. However, if an upturn occurs, Cosmos (ATOM) could close at $7.5.
VC Spectra (SPCT) Surges As It Enters Third Presale Stage
The winter in the cryptocurrency market has shown the best new crypto to invest in. Chainlink (LINK) and Cosmos (ATOM) have declined as VC Spectra (SPCT) surged.
VC Spectra (SPCT) is a decentralized hedge fund fusing cutting-edge technology, financial expertise, and boundless opportunity to become the best DeFi crypto.
Investors can enjoy the opportunity VC Spectra (SPCT) provides by purchasing its native token, SPCT. The BRC-20 coin facilitates transactions on the Spectra platform and provides holders access to VC Spectra (SPCT) investments and benefits. Additionally, it is deflationary to help maintain its value.
VC Spectra (SPCT) is in its third presale stage. Its magnetic appeal to investors led to success in the previous presale stages. Investors can purchase SPCT at $0.025, a 127.27% surge over the last price.
Moreover, investors who purchase VC Spectra (SPCT) in the current stage can expect a 32% gain in the fourth presale stage at the expected $0.033 price. Further, investors may earn a 220% profit at the final presale stage when VC Spectra (SPCT) attains the predicted listing price of $0.08.
The expected profits make VC Spectra (SPCT) the best crypto investment you can make in the current bear market.
Find out more about the VC Spectra presale here:
Buy presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website.
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