On August 29, crypto asset manager Grayscale won over the SEC. The victory overturned the SEC's decision to reject Grayscale's Bitcoin ETF application. Meanwhile, VC Spectra (SPCT) promises great returns at the end of its public presale. Let's see why this is possible and how it makes SPCT the top crypto to buy in 2023.
How has the ruling affected the dominant sentiment towards Shiba Inu (SHIB) and BNB (BNB)? Let’s find out.
Shiba Inu (SHIB): Shibarium Bridge Now Online
On August 28, 2023, Shiba Inu (SHIB) developers announced that token withdrawals out of the Shibarium bridge are now live and available to users. This is coming shortly after a much-anticipated launch that failed miserably due to several software issues that caused millions of dollars in Shiba Inu network funds to be frozen.
Withdrawals of Shibarium ecosystem tokens Shiba Inu (SHIB), Leash (LEASH), and Wrapped Ether (wETH) will take anywhere from 45 minutes to 3 hours to be processed, while Bone (BONE) withdrawals could take up to 7 days.
The news has had a positive effect on Shiba Inu (SHIB) price and will also positively affect SHIB price prediction for the coming days. Since the news broke, Shiba Inu's (SHIB) price has increased by 1.8% from $0.00000823 to $0.00000838.
The SHIB price prediction for 2023 is $0.00001083. The endorsements of cryptocurrencies by governments like the Hong Kong government and the pause on interest rate hikes by the US Fed are expected to contribute to this upward trend. This indicates that Shiba Inu (SHIB) might currently be the top crypto to invest in.
With the potential of Shibarium to grow into a prominent Layer 2 project, Shiba Inu's price prediction for 2030 ranges between $0.00004785 and $0.00006056.
Binance Labs Is The Top Web3 Investor In Six Months: Will It Drive BNB (BNB) Price Up?
According to Messari on August 27, Binance Labs was the lead investor in more than 80% of the deals executed in the last six months. Binance Labs took the lead investor role in 14 out of 17 deals, nearly double that of the second-best DWF Labs.
Messari said this was part of a new policy to assist established projects in expanding to the Binance Coin (BNB) Chain.
After the news broke, the BNB coin price increased by 7.1% from $216.37 on August 27 to $228.57 as of August 29. However, most of the increase was a result of Grayscale's victory.
According to analysts' BNB price prediction for next week, BNB coin price could reach $319.99 by September 11, buoyed by the market's bullish reaction to the Grayscale ruling.
VC Spectra (SPCT) Guarantees Profits For Investors
VC Spectra (SPCT) is a decentralized asset management protocol and trading platform that aims to democratize access to the blockchain and technology industry and provide investors with sustainable and profitable returns.
Investors earn profits on the VC Spectra (SPCT) platform in two ways. One is through investing in promising blockchain ventures, while the second way is to profit from VC Spectra (SPCT) price increases.
VC Spectra (SPCT) is committed to providing access to promising projects, ethical & responsible investment practices, and transparency & accountability.
VC Spectra (SPCT) raised $2.4 million in the private seed sale round. This is a reflection of the early belief in the protocol's potential.
Stage 1 investors in the presale have already gained 212.5% ROI. Similarly, Stage 2 investors have gained 127.27%. The presale is currently at Stage 3, with SPCT tokens selling at $0.025.
Stage 3 participants will gain 32% at Stage 4 and 220% at the end of the presale. This imminent profit for investors is why VC Spectra (SPCT) is the best crypto to invest in now.
To learn more about VC Spectra (SPCT), visit:
Buy Presale: https://invest.vcspectra.io/login