Solana (SOL) faced immense selling pressure from bears between August 7 and September 5, leaving market players concerned about the token’s health. As a result, investors now wonder: Is Solana a good investment? Meanwhile, VC Spectra (SPCT) became a paragon of hope to investors seeking a haven from the blight of the crypto market, having outperformed high-class assets during its public presale.
Let’s see the latest with these top altcoins to answer: Are SOL and SPCT smart investment choices this September?
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Solana (SOL) Is Still Down Following The Chain Hack In August
Cyber Protocol, a decentralized futures bourse developed on the Solana (SOL) mainnet, made a shocking announcement on August 7. The platform revealed it experienced a security breach, resulting in the theft of $1 million in crypto assets.
As a result, confidence in the Solana (SOL) blockchain dwindled among users concerned about the security of their assets. This event instantly impacted the SOL crypto price as the token began to trade in the red ever since.
The SOL crypto price fell from $23.05 to $19.80 after tilting into a downtrend, shedding 16.39%. This dip happened between August 7 and September 5. Equally, the market capitalization of Solana (SOL) followed suit, dropping from $9.3 billion to $7.8 billion, a 16.12% decrease, within the same timeframe.
Solana is changing hands at $19.27 as of September 5. However, the CCI levels of Solana (SOL) are neutral. As a result, analysts opined that the Solana SOL crypto price could rebound in the near future, making it a good crypto to buy.
VC Spectra (SPCT) Impresses Investors With Stunning Performance
Meanwhile, investors are highly impressed by the consistent growth of VC Spectra (SPCT) since the beginning of its public presale. VC Spectra (SPCT) reportedly outstripped top assets in the market with an impressive return on investment. Interestingly, VC Spectra (SPCT) is far from done.
For context, VC Spectra (SPCT) is a fast-growing decentralized hedge fund that rewards users with quarterly dividends and a buyback scheme. This buyback program will allow investors to expand their investment portfolio with the gains from their initial investment.
Furthermore, VC Spectra (SPCT) offers a safe investment opportunity for sustained income generation. To this end, VC Spectra (SPCT) has partnered with a team of venture capitalists and risk managers to ensure the safety of all investments.
In addition, VC Spectra (SPCT) adopted a decentralized investment management strategy where investors have voting rights to proceedings from the blockchain and access to fresh ICOs.
Developed on the popular Bitcoin blockchain, BRC-20, SPCT is a standard token built with a deflationary mechanism. This structure allows SPCT to automatically burn a fraction of itself to reduce the amount in circulation.
In the first and second stages of the presale, VC Spectra (SPCT) investors realized 212.5% and 127.2% in gains, respectively. Currently, in the third stage at the value of $0.025, VC Spectra (SPCT) investors are looking to rake in an additional 32% gain when the asset reaches $0.033 in the fourth stage. Meanwhile, VC Spectra (SPCT) has a 220% profit margin projection by the end of the presale.
Due to these figures, experts asserted that VC Spectra (SPCT) could be the best cryptocurrency in the crypto scene.
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund