A new lawyer filed for entry in court for the Coinbase vs. SEC lawsuit on August 31, 2023. Meanwhile, an XRP lawsuit update keeps hammering the coin despite the July 17, 2023, verdict in its favor. So, should investors turn to other projects while one of the top altcoins suffers?
One of the projects investors can turn to is VC Spectra (SPCT), a platform that has raised $2.4 million in its private sale. But before we explore VC Spectra (SPCT) further, let’s discuss the latest developments for XRP (XRP).
On August 18, 2023, the SEC filed an appeal application in the SEC vs. XRP lawsuit just a day after it got permission from the court to do so. The appeal seeks to overturn the decision given earlier in July 2023 that favored XRP and initiated a market bull run.
The SEC’s persistent legal pressure on XRP has hurt its market sentiment. In the week leading up to September 2, for instance, XRP’s price fell from $0.52 to $0.39.
However, XRP is still trying to fight it out. In another XRP lawsuit update on September 1, the project’s legal team filed a document in a US court contending that the SEC did not have sufficient grounds to file the mentioned appeal. The XRP team argued that the SEC’s stance was based on dissatisfaction with the Court’s decision. This did not constitute the “exceptional grounds” needed for an appeal of this nature.
Despite this filing, XRP fell by over 10%, from $0.50 to $0.39 on September 2. As for an XRP price prediction, things can go either way, depending on the next XRP lawsuit update. So, while XRP rides out the regulatory storm, is an innovative new project like VC Spectra (SPCT) the best crypto to invest in?
VC Spectra (SPCT) is a decentralized asset management platform. It combines the world of traditional finance with blockchain. This way, VC Spectra (SPCT) helps make technology and crypto investments more accessible to everybody, regardless of your financial standing.
Participating in VC Spectra’s (SPCT) investment model is easy. One way to do it is by investing in SPCT, VC Spectra’s native token, and qualifying to receive quarterly and monthly dividends. 40% of the returns from these funds are allocated for VC Spectra’s (SPCT) investors’ dividends. Since these funds target different markets, they make VC Spectra’s (SPCT) holdings diverse and less risky.
For instance, some of the markets these funds target include DeFi, projects with great potential for growth, arbitrage, new ICOs, and more. Having these different specialized investment markets means your investment should be secure and reap returns for you in the long term.
But you can also expect great returns from VC Spectra (SPCT) in the short term. If you invest in VC Spectra (SPCT) now, you can enjoy a 32% gain as SPCT proceeds from its Stage 3 presale price of $0.025 to Stage 4’s $0.033. And by the end of the presale, the overall gain should be up to 220% at $0.08. Plus, you can enjoy a limited-time offer of a 10% bonus on deposits if you invest in VC Spectra (SPCT) now!
Find out more about the VC Spectra (SPCT) presale here:
Buy Presale: https://invest.vcspectra.io/login
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