Can XRP Price Rise Back To $0.85? Curve DAO And VC Spectra Show Great Promise In August

By SunnySahu On Aug 8, 2023

Ripple (XRP) has been grappling to gain traction, hindered by several challenges surrounding its security and legal battle against SEC. Curve DAO (CRV) is still declining, searching for positive catalysts.

On the other hand, VC Spectra (SPCT) shows excellent signs of skyrocketing in August as it is currently in Stage 2 of its presale.

>>BUY SPCT TOKENS NOW<<

Ripple’s (XRP) President Provides Clarity on Us Market Strategy

Ripple’s (XRP) president, Monica Long, shed light in an interview with CNBC that Ripple (XRP) is poised for a strong return in the US. After Juge Analisa Torres’ ruling declaring partial victory against the US SEC, there is speculation that Ripple (XRP) has rigid plans to re-engage with the US markets and its big players. However, Ripple’s (XRP) price is in a slump, awaiting a catalyst for its recovery.

Since July 13, 2023, when Ripple (XRP) reached a high of $0.9354 on Binance, there has been a persistent downtrend in the price. In the meantime, Ripple (XRP) is trading at $0.6592, decreasing by a marginal 0.27% in the last 24 hours. Also, Ripple’s (XRP) trading volume plunged by 3.23% simultaneously.

Looking at the broader picture, Ripple (XRP) is experiencing a bearish phase. Moreover, Ripple (XRP) buyers are obtaining strong support from the $0.675 level. Analysts report that Ripple’s (XRP) price could reach $0.85 if the token’s adoption and utility increase.

Huobi Co-founder Bought 10 million Curve DAO (CRV) Tokens

Jun Du, the co-founder of Huobi, bought 10 million Curve DAO (CRV) tokens from Curve (CRV) Finance founder Michael Egorov at the prevailing market rate of $0.40 on August 1, 2023. Despite Du’s support for the Curve DAO (CRV) network, its value hasn’t seen a notable surge. Instead, a bearish trend is observed.

Curve DAO (CRV) has made a shocking dip 20.92%, plummeting from $0.7396 to $0.5027 over the past seven days. Meanwhile, Curve DAO (CRV) is trading at $0.5721, decreasing by 1.46% in the last 24 hours. Experts reveal no sign of Curve DAO (CRV) recovery soon.

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In addition, CEXs have established the $0.48 mark as a confirmed support level for Curve Dao (CRV). In fact, they expect that Curve DAO (CRV) will potentially fall to at least $0.38 if the trend continues.

Investors See VC Spectra (SPCT) as a Gateway To Abundant Wealth

VC Spectra (SPCT) is a decentralized hedge fund that has a distinctive value proposition to lead the fintech and blockchain industry, captivating remarkable numbers of investors. With a clear vision of democratizing access to the blockchain and technology, VC Spectra (SPCT) continues to leap in innovation and financial growth.

One should note that VC Spetra (SPCT) platform is built on a trustless and transparent blockchain infrastructure secured by cryptography and smart contracts. Moreover, VC Spectra (SPCT) prioritizes sustainable and ethical investment strategies.

Furthermore, VC Spectra (SPCT) uses algorithmic and systematic trading strategies to execute profitable trades for its users. And for minimizing risk, VC Spectra (SPCT) uses diversification and hedging strategies. VC Spectra’s native token, SPCT, is experiencing Stage 2 of its public presale trading at $0.011.

At this stage, VC spectra (SPCT) holders have already accumulated a 37.5% surge from the initial investment. Early VC Spectra (SPCT) investors at the initial stage of $0.008 will see a significant 10X return by the end of the presale as it reaches a target price of $0.08. A limited-time offer of a 25% bonus is additional to those who make deposits now.