VC Spectra (SPCT) is Surging! How Does it Stack Up Against Dogecoin (DOGE) and XRP?

The post VC Spectra (SPCT) is Surging! How Does it Stack Up Against Dogecoin (DOGE) and XRP? appeared first on Coinpedia Fintech News

VC Spectra (SPCT) has continued to defy and outperform the crypto bear market in its Stage 3 public presale. It is on its way to generating 220% gains for its current investors. But the current bear market has heavily impacted Dogecoin (DOGE). The XRP crypto price has also dropped after rumors that Ripple sold XRP to acquire Fortress Trust on September 8.

VC Spectra has stacked up well against Dogecoin (DOGE) and XRP to emerge as one of the best altcoins according to analysts. Let’s understand why.

VC Spectra (SPCT) Continues Surging Amid Crypto Market Dump

Every crypto market cycle witnesses some projects that defy the conditions to give real-world utility and unsurmountable profits. VC Spectra (SPCT) has emerged as the outlier for the current market. It is an open to all, democratic, community-driven, transparent, and decentralized venture capitalist hedge fund and trading platform.

VC Spectra is designed on the Bitcoin network and uses smart contracts to perform its functions. It makes investments in the top ICO and DeFi companies to generate profits for its users. The user’s funds are locked in smart contracts and are under the user’s complete control.

SolidAudits has conducted audits of the VC Spectra (SPCT) smart contracts.

The platform’s native token, SPCT, is used for governance, trading, investment, and managing assets on the VC Spectra platform. The SPCT token is a BRC-20 token with a deflationary burn mechanism.

The SPCT token is in Stage 3 public presale at a price of $0.025 per token. Users buying the VC Spectra token at this price will earn 220% profits when presales end and SPCT reaches $0.08 per token. This has resulted in VC Spectra (SPCT) being termed as the best crypto to buy according to expert traders.

Dogecoin (DOGE) Dumps Further as Selling Pressure Piles Up

The Dogecoin price prediction has gone further downhill as the crypto bear market strengthens. The Dogecoin price prediction only turned positive after Grayscale’s victory over the SEC on August 29. DOGE surged to $0.067 on August 29 before market correction caused it to drop again.

Even with X (Twitter) acquiring the license to integrate crypto into the platform, the Dogecoin price prediction has stayed negative.

One of the major reasons behind the drop in the DOGE price is the poor performance of meme coins across the crypto market. Banana Gun, a meme coin launched on the BASE Network, faced a rug-pull on September 11. Hence, the sentiment behind meme coins, including Dogecoin (DOGE), has taken a hit.

Dogecoin (DOGE) is down by 8.9% from its August 29 high. DOGE is trading at $0.061 as of September 12, with no relief in sight. Hence, investors looking to buy Dogecoin (DOGE) are advised to exercise caution by the experts.

The XRP Crypto Price Loses All Gains Made After its SEC Victory

July 13 marked a momentous day for XRP (XRP) and the entire crypto industry. When, in a judgment, the court in the US declared that XRP is not a security, the entire crypto market witnessed a huge pump.

The XRP crypto price rose 74.8% to reach $0.841 on July 20 from $0.472 on July 13. However, the crypto market has corrected and entered a bearish phase since then.

The SEC is preparing to challenge the court’s verdict. Moreover, the acquisition of Fortress Trust also raised some issues. There were rumours that XRP was used to fund the acquisition.

As a result of the bear market and these developments, XRP is down 42.8% from its July 20 high. The XRP price on September 12 is $0.481, which is not too far from its July 13 low. Thus, experts advise investors to wait for further information before they buy XRP.

Considering DOGE and XRP obstacles towards rising, VC Spectra (SPCT) has emerged as the best cryptocurrency to buy in September with its utility and profits.