The bearish winds have swept through the crypto market over the past weeks. So, it’s no surprise Chainlink (LINK) and Bitcoin Cash (BCH) dropped significantly. Meanwhile, VC Spectra (SPCT) offers current investors a 220% ROI before it hits major crypto exchanges.
Let’s explore the latest trends concerning VC Spectra (SPCT), Chainlink (LINK), and Bitcoin Cash (BCH).
Chainlink (LINK) Partners With Scroll Foundation To Enhance Network Capabilities
On August 23, 2023, Scroll Foundation and Chainlink Labs forged a strategic partnership that underscores their commitment to boosting Ethereum’s growth. By embracing Chainlink’s SCALE initiative, Scroll is set to establish itself as a prominent Ethereum alternative.
Chainlink’s SCALE program has captured considerable attention within the crypto industry. This initiative offers unparalleled entry to top-tier Oracle services for L1 and L2 blockchains.
Reports indicate that Scroll has stepped up to sponsor operational costs for designated Chainlink (LINK) oracle nodes. This financial partnership is key to accelerating Chainlink’s (LINK) reach, opening avenues for an expanded portfolio of Oracle services and a diverse collection of Data Feeds.
Meanwhile, Chainlink (LINK) plummeted 5.83% over the past week, from $6.34 to $5.97 on August 28. Chainlink’s (LINK) bearish momentum is linked to increased market volatility and price correction.
However, analysts indicate Chainlink’s partnership with Scroll Foundation can propel LINK’s price to $6.92 in the coming weeks.
VC Spectra’s (SPCT) Innovative Approach Redefines the Potential of Blockchain
Setting itself apart from the crowd, VC Spectra (SPCT) drives innovation in Fintech and blockchain. As a decentralized hedge fund, VC Spectra (SPCT) grants investors exclusive access to pre-ICOs, early-stage blockchain ventures, and diversified portfolios.
VC Spectra (SPCT) incentivizes investors with quarterly dividends and buybacks from investment returns. Through its user-centric approach, VC Spectra (SPCT) offers investors voting rights, ensuring they contribute to the platform’s growth trajectory.
Furthermore, VC Spectra (SPCT) leverages algorithmic and systematic trading techniques to ensure profitable trade execution. With its commitment to sustainability, VC Spectra (SPCT) utilizes a rigorous selection process to identify high-potential blockchain and technology ventures.
VC Spectra (SPCT) trades at $0.025 in Stage 3 of its public presale. As a result, Stage 1 investors have gained 212.5%, while Stage 2 investors gained 127.27%.
Current buyers are poised for a 32% surge when SPCT reaches $0.033 in Stage 4. Cash in on SPCT’s presale and enjoy a 25% bonus on any deposit.
Bitcoin Cash’s (BCH) Value Sinks Amidst Market Decline
Bitcoin Cash (BCH) miners made significant token sales in the past week, amounting to $263 million. This move reduced BCH’s circulating supply from 40% to 34%, suggesting a lack of confidence in achieving higher prices in the near future.
Amid the miners’ diminishing confidence, Bitcoin Cash (BCH) whale investors followed suit, reducing their trading activities. Between August 11 and August 18, the whale transaction volume declined by 76%, suggesting that prominent investors are becoming less certain about their Bitcoin Cash (BCH) price expectations.
So, it’s no surprise Bitcoin Cash (BCH) plunged by 7.4%, from $207.86 to $192.41 as of August 28. Besides increased market volatility, Bitcoin Cash’s (BCH) situation was worsened by Bitcoin’s (BTC) market crash on August 18.
In light of these developments, market projections indicate Bitcoin Cash (BCH) may decline by 5.9% in the coming weeks, from $192.41 to $180.93.
Learn more about the VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
