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Rocket Pool (RPL) Continues Plunging – VC Spectra (SPCT) and Injective (INJ) are Good Alternatives for Investors

by Index Investing News
July 24, 2023
in Cryptocurrency
Reading Time: 3 mins read
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Rocket Pool (RPL) unluckily stays in the downtrend channel. Meanwhile, VC Spectra (SPCT) happily announced Stage 2 of its public presale, and its token has jumped by 37.5%.

VC Spectra (SPCT) has also secured $2.4 million from its private seed sale. So, the platform reflects the same positive vibe as Injective (INJ).

Let’s put the three to the test – Do SPCT and INJ truly offer better prospects than RPL, and why?

BUY SPCT TOKENS NOW

Is Rocket Pool (RPL) Flying Down to its Launchpad?

Rocket Pool (RPL) recently partnered with Spool DAO (SPOOL). SPOOL expects Rocket Pool (RPL) to offer a new liquid staking token strategy on top of its native features.

Rocket Pool (RPL) sees this partnership as an opportunity to extend its territory and acquire new markets.

Despite this development, crypto investors seem unconvinced. The price of Rocket Pool (RPL) continues to go south.

Seeing its price trading below its 10-day simple moving average confirms the bearish price action.

Rocket Pool (RPL) already broke below its previous support at $34.14, paving the way for $27.30 to act as its immediate support.

If Rocket Pool (RPL) continues to register red candlesticks, crypto investors will be further enticed to shift to better options such as VC Spectra (SPCT).

VC Spectra (SPCT) is Moving from $0.011 to $0.025 Anytime Soon

VC Spectra is the dark horse of decentralized hedge funds in the crypto space. VC Spectra (SPCT) investors can receive quarterly dividends and profit-based buybacks. VC Spectra (SPCT) holders can expect to gain access to new ICOs with seed or private sales.

If the $2.4 million investments from the private seed sale were secured in less than a month, you can speculate that Stage 3 is already on the horizon.

When that happens, position investors at Stage 1 will see their money grow by 212.5% when they reach Stage 3’s token price of $0.025.

Those who entered Stage 2 at $0.011 per token will expect a yield of 127.27% at Stage 3. Naturally, VC Spectra (SPCT) looks like a haven for crypto traders tired of waiting for a declining token to reverse direction.

BUY SPCT TOKENS NOW

Injective (INJ): Injected With the Blood of Bulls?

Crypto communities are discussing the integration of XRP into the ecosystem of Injective (INJ).

Crypto traders and investors are asking who between XRP and Injective (INJ) will benefit more from this collaboration.

Although it’s quite challenging to quantify the impact of this partnership between the two, this is likely to positively affect the volume of the two.

Speaking of liquidity, Injective (INJ) is a winner as its day chart reveals a bullish trend. Traders raked in profits sometime in the second to the third week of April 2023, but Injective (INJ) managed to bounce away when it found its support near $5.30.

Injective (INJ) traders await its breakout at the resistance near $9.40, a precursor to the psychological resistance at $14.40.

The projected resistance of Injective (INJ) offers an upside potential of 53%. Hodlers of Injective (INJ) advised to adhere to their trailing stop to protect their gains.

Learn more about VC Spectra (SPCT) here:

Buy Presale: https://invest.vcspectra.io/login

Website: https://vcspectra.io

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund

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Tags: AlternativescontinuesGoodINJInjectiveInvestorsPlungingPoolrocketRPLSPCTSpectra
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