Investors explore Quant, VeChain, and VC Spectra
Peter Marirosans, CTO of Quant (QNT), announced on July 10, 2023, that Overledger users will no longer have to pay platform credits in crypto but in fiat. On July 18, VeChain (VET) introduced VORJ, a platform that allows users to freely create and distribute fungible tokens without any coding experience. On the same day, VC Spectra (SPCT) started Stage 2 of its public presale at $0.011, a 37.50% price increment from Stage 1.
QNT prices are bearish even after launching Overledger
Quant developers believe blockchain companies should compensate public crypto ledgers for specific functionalities to operate effectively. However, some companies consider this a problem.
In response, Quant’s chief technology officer launched Overledger on July 10, 2023, and users can pay deployment fees using Overledger’s credits which can be bought with fiat currencies.
Despite this development, Quant’s prices remain bearish two weeks after the launch of Overledger. From July 16 to 22, QNT fell by 7.85%.
For this outlook to change, there must be a significant push toward the $112 resistance level.
Will VeChain rally in July?
On June 27, the Hong Kong Virtual Asset Consortium (HKVAC) included VeChain in its Large Cryptocurrency Index.
Following this news, VET prices rose 1.29% within 24 hours, reaching $0.0187.
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Moreover, the platform has also been releasing its VeChain Developer series, including a free masterclass on its YouTube channel, as per the announcement on July 18.
However, this publication did not positively affect prices, as VET dropped by 0.99% to $0.0191. This week, VET fell by 1.02%, and traders hold a bearish outlook, although prices may stabilize.
Analysts expect impatient investors to liquidate their holdings, which may see VET drop toward the $0.0182 support level.
For VET to retest the $0.0206 resistance level, there must be a notable surge in daily trading volume. However, this is unlikely without significant market movement.
Can VC Spectra flip Quant and VeChain?
VC Spectra is a decentralized hedge fund and cryptocurrency trading that aims to make blockchain more accessible to everyone.
Supporters of this project can access high-yield projects, experience ethical and responsible investments, and enjoy various benefits.
VC Spectra has a roadmap for 2023 that includes launching on Uniswap, developing iOS and Android apps, introducing premium platform access for VIP tier members, and appointing VC Spectra brand ambassadors for its social media channels, among other things.
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In a recent private seed sale, VC Spectra raised $2.4 million. They have since completed Stage 1 of their public presale, selling 125 million SPCT for $0.008 each.
The second stage of the public presale began on July 18, with each SPCT trading at $0.011.
In Stage 3, SPCT prices will rise to $0.025, a 127.27% increment. SPCT prices will be $0.08 at the end of the public presale, a 627% increase from stage-2.
Learn more about the VC Spectra (SPCT) presale:
Buy presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
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