The popularity of cryptocurrencies is on the rise. Recently, eCash (XEC) enjoyed a surge of over 11,650% in trading volume within a mere 24 hours. This increased market interest in eCash (XEC) may be attributed to another cryptocurrency, Bitcoin Cash. Now, key players are eyeing the growth in VC Spectra (SPCT) — does it have the ability to follow the trend set by eCash (XEC)?
eCash (XEC) Went Over 11,650% in Trading Volume: How and What’s Next?
On June 30, 2023, eCash (XEC) saw a rapid surge in trading volume, propelling its price by 100% (at the highest point) to $0.00004. The trading volume on that day was just shy of $5.5 million. However, this volume surged by more than 11,650% within one day to almost $650 million on July 1, 2023.
The increased market interest experienced by eCash can becredited to the higher stakes in the sister blockchain, Bitcoin Cash (BCH). Both eCash (XEC) and Bitcoin Cash (BCH) are spin-offs from the Bitcoin blockchain, so interest in either one of the chains quickly finds its way to the other.
As Bitcoin Cash (BCH) started climbing the charts, it triggered a positive attitude towards the eCash (XEC) blockchain. The trading volume went from $5.5 million to a high of $1.1 billion at one point, but it quickly came down to $650 million.
This sudden rise, although not caused by changes within the eCash (XEC) blockchain, gave eCash (XEC) a new “strong support zone” of $0.00003. While this may mean that eCash (XEC) is bullish in the short term, short positions are beginning to set in as the trading volume drops.
In the next few weeks, eCash (XEC) might dwell down for a retest of its new support zone. If there is a positive response, it might propel the price to levels above $0.00005, as the trend currently suggests.
VC Spectra’s Imminent Rise: Will SPCT Break the Charts in Green?
VC Spectra (SPCT) is a relatively new player in the crypto world. However, VC Spectra (SPCT) is causing waves in the blockchain networks and setting examples with its presales and real-life implications. Following a completely new strategy, VC Spectra (SPCT) is leveraging AI to bring technology and safe investment tools closer together.
During private/seed presale events, VC Spectra (SPCT) raised over $2.3 million and is continuing public presales in stages. The ongoing Stage 1 offers 125 million SPCT tokens at $0.008. However, at Stage 2, the price will be increased to $0.011. The presales will continue until the target launch price of $0.08 is achieved. This translates to a surge of 900% by the forthcoming launch event.
VC Spectra (SPCT) investors can enjoy several high-end benefits. For instance, the VC Spectra blockchain provides access to initial coin offerings (ICOs), which is ideal for investing in startups on the blockchain. Additionally, the decentralized hedgefund hierarchy of VC Spectra (SPCT) gives voting rights to all its investors, making them fully aware and in control of their investments. By doing this, VC Spectra (SPCT) not only makes the decision-making process more straightforward but also gets rid of intermediaries.
As a result, it enhances the user experience and makes trading easier for VC Spectra (SPCT) traders. Furthermore, VC Spectra (SPCT) utilizes the latest multi-chain support, allowing the VC Spectra (SPCT) ecosystem to provide faster, cheaper, and simpler transactions.
Learn more about VC Spectra (SPCT) at the following links.
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra Twitter: https://twitter.com/spectravcfund
Disclaimer: This is a paid-for sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
