00:00

Intelligent investors constantly search for cryptocurrencies with strong market appeal and real-world utility. Investors in cryptocurrencies are hopeful for the future because recent economic data indicates a slight improvement.

In the coming months, will Arbitrum (ARB), EOS and VC Spectra (SPCT) rule the market? Let’s explore!

Arbitrum (ARB) Users Increase in 2023: A Sign of Things to Come

Arbiturm logo

According to a recent calculation, the number of users on Arbitrum (ARB), the governance token for Arbitrum layer 2 blockchain, doubled from Q1 to Q2 of 2023, reaching 9.5 million active addresses. Arbitrum (ARB) has grown its network sufficiently to draw DeFi software and gaming developers.

The Gora network adopted the multi-chain smart contract Arbitrum (ARB), which will be live in eight weeks.

Arbitrum (ARB) increased 0.8% from $1.15 to $1.16 between August 7 and August 13 due to these factors. Arbitrum (ARB) has dropped 1.7% to trade at $1.14 as the new week begins on August 14, indicating that the platform still needs more time to profit from more developer activity on the Arbitrum network.

Launching new projects on Arbitrum(ARB) may pique investor interest once again and result in a price revision. Market analysts reflect a bearish attitude toward Arbitrum (ARB), notwithstanding its limited trading. Arbitrum’s (ARB) price could reach the $1.0 support by the end of the week.

EOS Network Upgrades Attract Investors and Users in Preparation for A Comeback as The Leading DeFi Platform

stylized eos logo

EOS, the native token for the EOSIO network, keeps expanding its ecosystem despite the current class action lawsuit against Block.one. As developer funding programs gain traction, a partnership with Coinmarketcap has increased users and TVL (Total value Locked) for an EOS EVM exchange.

Additionally, a recent webinar demonstrated the advantages of the EOS EVM, which simplifies and lowers the cost of developing Ethereum-based Dapps by using EOS to pay gas fees.

EOS began to drop on August 1 and continued until August 13, losing 4% of its value as it fell from $0.75 to $0.72 on August 14. This drop is consistent with the projected effects of the litigation on the price of EOS.

In the meantime, Block.one’s failure to make good on its $1 billion promise to EOS has led to even lower investor demand and a bearish outlook for EOS.

Therefore, according to technical analysis, the EOS price may continue to decrease until it reaches the $0.71 support level. However, a favourable outcome in the class action lawsuit might result in a shift in the company’s pricing strategy.

Price Growth of VC Spectra (SPCT) Signals Growing Market Dominance

VC Spectra (SPCT) is a brand-new cryptocurrency platform that acts as a decentralized hedge fund and seeks to transform the investment industry. Investors are interested in VC Spectra (SPCT) because it makes realistic usefulness and profit-making promises.

The SPCT token is the driving force of VC Spectra. VC Spectra (SPCT) token holders can invest in initial coin offerings (ICOs), blockchain projects, and the VC Spectra Fund. Additionally, asset and risk management specialists at VC Spectra (SPCT) use AI to identify exciting investment opportunities.

The presale stages of VC Spectra (SPCT) have been a resounding success. It secured over $2.4 million in seed capital through a private presale. The public presale for VC Spectra (SPCT) generated a strong return on investment (ROI).

VC Spectra (SPCT) is a viable option for investors seeking a high-growth cryptocurrency investment.

In conclusion, it is safe to say that the altcoins discussed above will have a large surge soon. Therefore, they are one of the easiest ways to grow your crypto portfolio this year, especially with the gradual recovery of the crypto market.