WOO Network and Shiba Inu Lose Value while VC Spectra Reaches Another Important Milestone

Crypto

WOO Network and Shiba Inu Lose Value while VC Spectra Reaches Another Important Milestone

Lizza S

July 28, 2023

Woo Network (WOO) started strong in July 2023. However, the token was highly volatile during the month and eventually lost its gains. On the other hand, reduced investor interest caused Shiba Inu’s (SHIB) price dip. However, VC Spectra (SPCT) presents a viable investment option as the platform recently raised $2.4 million in a private presale and concluded its first public presale with a 37.5% surge.

What’s next? Let’s find out.

>>BUY SPCT TOKENS NOW<<

Table of Contents

WOO Network (WOO) Loses Bullish Momentum in July

On July 1, 2023, WOO Network (WOO) started a bull run following a network upgrade notification, and investors were happy to jump on the train. For context, WOO Network (WOO) traded at $0.2065 on June 30. By July 4, WOO Network (WOO) rose to $0.2637 for its 30-day high.

WOO Network (WOO) declined steadily and traded at $0.2152 on July 13. After a favorable court ruling on the SEC vs. Ripple case, WOO Network (WOO) had a minor price surge along with other cryptocurrencies. Subsequently, WOO Network (WOO) pumped from $0.2155 on July 13 to $0.2474 on July 14.

Following this surge, WOO Network (WOO) has recorded a steady price decline, and the token has lost 7.98% in the last seven days. Currently, WOO Network (WOO) trades at $0.2124, and investors opt for more viable investment options like VC Spectra (SPCT).

Investor Enthusiasm Wanes as Shiba Inu (SHIB) Awaits New Layer-2 Blockchain

While Shiba Inu’s (SHIB) ecosystem awaits the launch of Shibarium, Shiba Inu’s (SHIB) market price continues to decline in the interim. On January 15, 2023, Shiba Inu (SHIB) laid out plans to build a new layer-2 blockchain solution and officially take Shiba Inu (SHIB) from meme coin to utility coin.

On July 23, the Shiba Inu (SHIB) community is still awaiting the launch of Shibarium, and investors are losing interest in trading Shiba Inu (SHIB) tokens as a result.

Shiba Inu (SHIB) has lost 5% of its value in the last seven days, and the token stood at $0.000007788 on July 23, whereas Shiba Inu (SHIB) traded at $0.000008382 on July 15. According to experts, it will take significant market news or the launch of Shibarium to trigger a Shiba Inu (SHIB) breakout from its bearish trend.

VC Spectra (SPCT) Enters its Second Presale Stage

Instead of WOO Network (WOO) and Shiba Inu (SHIB), investors are placing their bets on SPCT. VC Spectra (SPCT) is an innovative decentralized trading and asset management protocol built to drive development in the blockchain industry.

As a decentralized crypto investment platform, VC Spectra offers a transparent and cost-effective way to invest in the blockchain industry. On July 19, 2023, SPCT concluded its first presale stage, and the second commenced shortly after.

VC Spectra is selling for $0.011 currently, and the token will surge by 127.27% when it enters the third presale stage. When all presale stages are complete, VC Spectra will list on major exchanges, and the token will sell for $0.08.

Therefore, investors who buy SPCT tokens today will record a 627% surge in the value of their assets.