Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

VC Spectra (SPCT), a newcomer in the crypto space, appears to be shaking things up and setting new performance standards. Positioned as a competitor, the project is taking on established giants like Cosmos (ATOM) and Optimism (OP). It raised $2.4 million in their private sale.

VC Spectracontinues to attract investors in their quest to reshape decentralized finance (defi).

The project aims to empower investors with insights into blockchain and Fintech. The platform uses advanced technology to equip users with tools to identify and seize lucrative opportunities.

It is also committed to community involvement. Allocating 40% of investment gains to quarterly dividends ensures users directly enjoy participation rewards. Investors also get early access to new startups and voting rights.

From stage 1 to 5 of the ongoing presale, SPCT is up 862.5%, rising from $0.008 to $0.077.

Experts are bullish, expecting the token to reach $0.080 in the final presale stage.

After the controversial approval of the ATOM production reduction proposal, Cosmos founder Jae Kwon announced the launch of a network fork called AtomOne on Nov. 26, 2023.

Kwons plan involves integrating ATOM with ATMO/ATMO1, aiming for a more decentralized and inclusive framework than the existing Cosmos Hub (Cosmoshub4).

This move reflects a proactive approach to addressing challenges posed by the production reduction proposal and improving Cosmos network dynamics.

On Nov. 26, ATOM was trading at $9.92. Since then, it has been rising, and the coin is trading at $11.26 as of Dec. 15, adding 13.51%.

Even so, some analysts are bearish, projecting the coin to drop to $10.78 by Dec. 22. The expected 4.26% is due to investor mistrust, notably since Cosmos founder voted against ATOMs production reduction.

On Nov. 14, 2023, Ankr, a web3 infrastructure development company, partnered with Optimism to launch rollup-as-a-service.

This initiative simplifies the deployment of OP Chains on the Superchain for developers and businesses.

The project focuses on an OP Stack-based layer-2, designed to cater to specific user needs.

Following this announcement, the OP price has been on the rise. The token rose from $1.7941 on Nov. 14 to $1.8606, adding 3.71% in 24 hours.

The token is up 25.94% in the past month, moving from $1.7941 on Nov. 14 to $2.2595 on Dec. 14.

Experts are optimistic, forecasting the token to reach $2.30 by Dec. 22, a 1.79% increase.

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/spectravcfun

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

See the rest here:

New cryptocurrency likely to outperform Cosmos and Optimism - crypto.news