The SEC Appeal Will NOT Set Back XRP, Optimism, and VC Spectra to Surge in Double Digits

28 July 2023

Ripple (XRP): Will It Win The Court’s Favor Once Again?

Despite the initial price surge after winning the XRP vs. SEC case, Ripple (XRP) faces uncertainty as the SEC hinted at appealing the ruling on July 20. This development significantly impacted market sentiment, resulting in a bearish trend after the news of the verdict appeal on July 21. As of July 26, Ripple (XRP) fell below $0.71 and experienced a 7% decrease in market cap.

However, it’s important to note that this appeal may not significantly impact Ripple’s (XRP) price until a judge accepts it. The ongoing legal implications and the possibility of the SEC’s appeal could introduce further volatility and uncertainty in the crypto market, influencing Ripple’s (XRP) price dynamics.

The impressive growth of Ripple (XRP) before the appeal attracted considerable interest from market participants, with an increase in whale transactions involving substantial Ripple (XRP) holdings in July 2023, indicating growing confidence in the market.

Looking forward, analysts predict that Ripple (XRP) may experience a potential 20% price increase in the coming weeks, with a potential target of reaching $0.9.

Optimism (OP) Has A Sudden Trend Reversal: Will It Go Down?

Layer-2 blockchain Optimism (OP) is gearing up to unlock $36 million worth of tokens this Sunday, sparking anticipation for increased supply. However, this upcoming event led to a 3.5% slump in the price of the blockchain’s native Optimism (OP) token on Tuesday.

A previous Optimism (OP) token unlock on June 30 resulted in a 10.7% sell-off across all Optimism (OP) trading pairs, causing concern. However, the Optimism (OP) token bounced back impressively, surging over 15% in the following 24 hours.

This time, the unlock represents 3.56% of Optimism’s (OP) circulating supply, with $19 million allocated to core contributors and $17 million to investors, as revealed by token.unlocks.

Investors and market participants closely monitor the situation as the Optimism (OP) token unlock unfolds, as it could significantly impact the blockchain’s native token’s performance and overall market sentiment. Experts predict slight growth of Optimism (OP) prices in view of these developments in the coming weeks of August.

VC Spectra (SPCT): A Profit Machine For Early Investors

VC Spectra (SPCT) is a fast-growing asset management blockchain, changing how people invest their money. VC Spectra (SPCT) ensures investments are secure and made wisely, thanks to its team of experts in venture capitalism and risk management. Investors also have a say in important decisions with exclusive voting rights in a decentralized investment management system.

The presale events have been successful for VC Spectra (SPCT). During Stage 2, the token price increased by 37.5% to $0.011, giving early investors good returns. As Stage 3 approaches, the price will go even higher to $0.025, presenting a 127.27% increase. Though Stage 3 tokens cost more, they offer great potential for a higher gain than those who invested in Stage 1.

The goal is to reach a target price of $0.08 per token after all presale stages, showing an incredible 627.27% return compared to Stage 2’s initial price. This makes VC Spectra (SPCT) an exciting opportunity for investors looking to make big profits with their investments. With its strong foundation and focus on delivering value, VC Spectra (SPCT) is quickly becoming a top choice for asset management in the blockchain world.

Follow these links to learn more about the VC Spectra (SPCT) presale:

Buy presale: https://invest.vcspectra.io/login

Website: https://vcspectra.io

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund

*This article was paid for Cryptonomist did not write the article or test the platform.