*SPONSORED POST
Ethereum (ETH) and Shiba Inu (SHIB) have been underperforming despite being two of the most popular coins in the market. Ethereum (ETH) failed to escape the aftershocks of the latest Fed meeting aimed at reevaluating interest rates. On the other hand, Shiba Inu (SHIB) is struggling to seek a push from a crucial development across its platform. VC Spectra (SPCT) seems to have the upper hand in the ultimate crypto battle, as it saw a huge surge in its price while Stage 3 sits on the horizon.
But the question remains, how is VC Spectra (SPCT) winning the ultimate crypto battle while Ethereum (ETH) and Shiba Inu (SHIB) seek stable ground during the bear market?
Summary
Ethereum (ETH) Dips Following Fed’s Inflation Control Indications
The value of Ethereum (ETH) dropped by 10.5% from $1,809 on August 17, 2023, to $1,618 on August 18. This is the largest single-day dip registered by Ethereum (ETH) in the last month.
The recent drop in the value of Ethereum (ETH) came after a recent Fed meeting that was aimed at reevaluating the interest rates. The meeting minutes were released to the public on August 16, which reiterated the need for a hike in interest rates to control inflation.
This has caused a panic in the crypto market, sending the prices of various coins down the charts, including Ethereum (ETH) and Bitcoin (BTC).
Shiba Inu’s Shibarium Ethereum Layer-2 Goes Live, Aiming for DeFi Dominance
Shiba Inu (SHIB) announced the launching of its much-awaited Ethereum Layer-2 blockchain network Shibarium on August 16. However, the recent Shiba Inu (SHIB) development did not push Shiba Inu (SHIB) price up the charts as the price of Shiba Inu (SHIB) dropped by 5.9% from $0.0000084 on August 16 to $0.0000079 on August 18.
However, Shiba Inu (SHIB) was not the only meme coin that tumbled across the charts. PEPE also saw a decline in its value by 15% in the same time period. The drop in value of Shiba Inu (SHIB), along with other coins (including ETH), can be attributed to the release of minutes of the recent U.S. Fed meeting on whether to increase the interest rates or not.
VC Spectra (SPCT) Emerges as Victorious in the Ultimate Crypto Battle
VC Spectra (SPCT) is a decentralized hedge fund that strives toward excellence in investment management. It employs AI and carefully identifies profitable investment opportunities, guaranteeing a higher return on investment (ROI).
At the core of its innovation lies the VC Spectra (SPCT) token, which is a BRC-20 standard token that is built on the Bitcoin blockchain, following a similar deflationary model. The SPCT value has recently witnessed unprecedented gains across the charts, stunning the crypto community.
VC Spectra (SPCT) concluded its private seed sale raising an astonishing $2.4 million figure. VC Spectra (SPCT) is currently in Stage 2 of its public presale at a token value of $0.025.
The token’s value exceeded expectations by surging to $0.025 from $0.011 before the start of Stage 3. This implies that Stage 2 investors gained a profit of 127% while Stage 3 is still around the corner. New Stage 2 investors are guaranteed to have a 220% profit by the end of the public presale, with a predicted VC Spectra (SPCT) value of $0.08.
Learn more about the VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Telegram: https://t.me/VCSpectra Twitter: https://twitter.com/spectravcfund
*This article has been paid for. Cryptonomist did not write the article or test the platform.
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