Untitled (1)In recent tweets surrounding Ripple’s legal triumph against the US SEC, a former Ripple executive got vocal on insightful perspectives on the matter. Meanwhile, prominent cryptos like Cardano (ADA) follow the market’s bullish trend, garnering investors’ optimism. The VC Spectra (SPCT) public presale has also attracted global investors. Let’s get to know more in this article!
Ex-Ripple Exec Denies Effect on XRP Price Movement
On July 16, 2023, former Ripple executive director Matt Hamilton debunked misconceptions regarding Ripple’s influence on the XRP price movement. He revealed that Ripple only has little effect on the XRP price.
Hamilton shed light on key factors about Ripple being the largest holder of XRP, possessing approximately 48 billion tokens. He also revealed that the majority of these holdings are kept in escrow contracts.
Furthermore, the developer highlighted the underlying dynamics that navigate the Ripple (XRP) price. He divulged that market forces and the performance of Bitcoin (BTC) largely dictate Ripple (XRP)’s price movement.
Ripple (XRP) surged over 60% in the weekly charts, from $0.4738 on July 12 to $0.7588 on July 18. Ripple (XRP) is currently trading at $0.7490, a 4.53% gain from $0.7165 in the past 24 hours. Technical analysis suggests an overall bullish trend for Ripple (XRP), which has built confidence among crypto investors.
Cardano’s (ADA) Price Turns Green – Will It Continue to Its Rally?
Cardano (ADA) took a significant stride after the favorable July 13 judicial decision regarding Ripple (XRP) against the SEC. The remarkable price surge is surprising to investors for potential further gains.
Cardano (ADA)’s bullish trend includes three primary reasons – its potential to integrate other blockchains, increased activity in decentralized applications, and the decreased regulatory risk. Additionally, Cardano (ADA) is working hard to facilitate the spread of decentralized technology worldwide.
Moreover, the growth prospects of Cardano (ADA) are solid as it nears a crucial milestone with the advancement of CIP-1694 in July 2023. With its progress, the Cardano (ADA) community will have the opportunity to participate in voting sessions, which excites investors’ perspectives.
After returning to bullish momentum throughout the last week, Cardano (ADA) slumped today. Cardano (ADA) stands at $0.3175 from $0.3204, with 0.93% negative on market cap in the last 24 hours. Cardano (ADA)’s recent price surge has sparked optimism in the Cardano (ADA) community.
VC Spectra (SPCT) Price Projections Leave Investors Confident
On a more positive trend, VC Spectra (SPCT) holders can benefit from a remarkable 900% surge or a 10x price increase by the end of 2023. The prediction pegs the future price of the VC Spectra (SPCT) token at $0.08 at the end of the public presale. For context, the initial price of SPCT was $0.008.
As a growing prospect to fintech and blockchain technology, VC Spectra (SPCT) creates a unique position as a decentralized hedge fund. VC Spectra (SPCT) has advanced AI leverage systems, deflationary burn mechanisms, and a democratized decision-making structure.
VC Spectra (SPCT) is already dominant in the upcoming crypto market, raising $2.4 million in private seed sale within two weeks. The VC Spectra (SPCT) project is currently in Stage 2 of its public presale, with the token trading at $0.011, presenting a 37.5% increase from Stage 1 price.
One can buy SPCT tokens during the public presale using the Ethereum or Bitcoin network. The BRC-20 token, SPCT, offers early access to ICOs and risk-free startup projects on the blockchain.
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
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