In the month of July 2023, there are three cryptocurrencies that deserve special attention for their undervalued potential: Dogecoin (DOGE), The Graph (GRT), and VC Spectra (SPCT). These coins, despite varying levels of recognition, have demonstrated promising qualities that make them compelling options for investors. Among these three cryptocurrencies, VC Spectra (SPCT) has particularly captured the attention of investors with its impressive achievement of raising $2.4 million during its recent seed and private sale, all within a remarkable two-week timeframe.
Dogecoin (DOGE) Shows Positive Signs for a Continued Price Rally
Dogecoin (DOGE) has recently reclaimed the $0.07 price mark, reaching a one-month high during the intraday trading session on 4 July. The resistance posed by the bearish order block is set in the range of $0.06729 to $0.07120, and the bears managed to push the Dogecoin (DOGE) price back to the current level of $0.06786.
Although the Dogecoin (DOGE) price increased by 6.4% in the last week from its price of $0.0637, the Relative Strength Index (RSI) for Dogecoin (DOGE) is trending upwards, currently standing at 57.15. This suggests positive momentum and growing demand for Dogecoin (DOGE).
Furthermore, the Dogecoin (DOGE) On-balance volume (OBV) has shown nearly 2% growth in the past week. The increasing OBV signifies a rise in buying pressure for Dogecoin (DOGE), often leading to upward price movement. These indicators collectively support the notion of a continued price rally for Dogecoin (DOGE) in July.
The Graph Token (GRT) Experiences Value Loss Due to Whale Transactions – Can It Rebound?
The Graph (GRT) has witnessed significant whale activity, resulting in various transactions that have impacted its price. One notable instance involved a whale executing sales of The Graph (GRT) tokens worth $886,000 on Binance within a single day.
Furthermore, the same whale transferred 5 million The Graph (GRT) tokens, valued at $655,000, to Coinbase, a well-known cryptocurrency exchange. As of now, the whale holds a total of 28.52 million The Graph (GRT) tokens, amounting to a value of $3.7 million, and has staked 25.3 million GRT.
The effect of these whale transactions caused a sharp 7% drop in The Graph’s (GRT) price from its monthly high of $0.14. However, the token has shown resilience and is slowly recovering. Currently trading at $0.122, The Graph (GRT) has experienced a 1% increase in the last 24 hours.
While the disposition of whales’ The Graph (GRT) holdings remains uncertain, the market indicates a potential for a price increase in the near future, suggesting favorable prospects for The Graph (GRT) investors.
VS Spectra (SPCT): An Undervalued Gem with Remarkable Growth Potential
VC Spectra (SPCT) has quickly gained recognition for its innovative approach to investing. With Stage 2 of its public presale on the horizon, VC Spectra (SPCT) investors are becoming increasingly aware of the substantial growth potential this project holds. Price projections for VC Spectra (SPCT) are soaring to $0.011, representing a remarkable 37.5% increase from its current value of $0.008. Such a promising surge signals the strong market demand and investor confidence surrounding VC Spectra (SPCT).
What sets VC Spectra (SPCT) apart from other investment options is its unique reward system. VC Spectra (SPCT) token holders not only benefit from the potential appreciation of the token’s value but also enjoy quarterly dividends and buybacks from the profits generated by their investments.
This enticing incentive structure not only provides a potential source of passive income but also aligns the interests of investors with the success of the projects supported by VC Spectra (SPCT).
Find out more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
