share
Share on Twitter
Share on LinkedIn
Share on Telegram
copy link
copied link
Binance recently removed 39 liquidity pools in response to multiple lawsuits and regulatory challenges that caused market turmoil.
The delisting was expected to hurt some top altcoins. In the end, however, Cardano (ADA), Avalanche (AVAX) and VC Spectra (SPCT) prices were supported.
Cardano is recovering despite Binance’s action
To illustrate, ADA is up 7% from $0.26 to $0.28 as trading volume increased from $182.69 million to $323.046 million between August 28th and 29th.
The news did not cause panic among ADA holders.
By Aug. 30, ADA prices had fallen to $0.26, but experts expect further gains until mid-September.
Avalanche is fixed
AVAX is also one of the tokens affected by Binance’s liquidity removal. Like ADA, AVAX is stable and Avalanche’s performance seems to be improved.
Between August 28-29, AVAX gained 8%, from $9.99 to $10.86, while trading volume increased from $105.14 million to $182.88 million. These metrics show increased trading activity without significant selling pressure.
Analysts are bullish and expect AVAX to trade above $10 in September.
VC Spectra is unaffected by bears
Like ADA and AVAX, SPCT is solid despite the current volatility in the crypto space.
VC Spectra is a decentralized wealth management system that aims to become a world-class decentralized finance (Defi) project.
As a decentralized hedge fund, VC Spectra invests in blockchain and fintech projects with high potential.
The platform distributes profits to its investors and users through buybacks and quarterly dividends. SPCT holders also have priority access to new startups looking to raise funds.
VC Spectra is in Phase 3 of its public pre-order where SPCT is available for $0.025. Early investors who bought in phase 1 for $0.008 are up 212.5% at this level. Meanwhile, those who participated in Stage 2 and bought the token at $0.011 are up 127.27%.
In Stage 4, SPCT prices will surge to $0.033, a 32% increase from the current stage.
VC Spectra’s presale performance is attracting the attention of investors and market analysts.
To learn more about VC Spectra (SPCT) and its presale visit:
Buy presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
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 company-related action.
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.