It was only a matter of time that AI (artificial intelligence) and blockchain technology combined. ChatGPT has become common in crypto, used for everything from gathering data to predicting prices. For the latter, the bot has suggested Compound (COMP), Chainlink (LINK), and VC Spectra (SPCT) as favorites.
Compound (COMP) and Chainlink (LINK) are well-known projects. Meanwhile, VC Spectra (SPCT), while a newcomer, is showing spectacular potential as the second stage of its presale nears.
Compound (COMP) Enjoys A Parabolic Rise
Compound (COMP) is breaking multiple resistance levels, resulting in an impressive 2.5x gain over the past fortnight. Compound (COMP) can thank several factors for this movement. The popular Twitter page, Lookonchain, reported that a ‘whale‘ bought roughly $2.26 million worth of COMP.
This adoption correlates with Glassnode’s discovery of more wallet addresses on Compound (COMP), rising from 83 to 220 within six days. Analysts also believe Compound (COMP) is benefitting from macroeconomics.
Since the Fed rate pause, many have likely gone to yield-bearing protocols like Compound (COMP) to seek better returns. Finally, the other development is the ‘Superstate’ Ethereum-based government bond pending approval from the SEC.
All in all, Compound’s (COMP) price action is recovering at a faster rate than its counterparts, as it looks set to exceed $60.
Chainlink (LINK) Partners with SWIFT For A Traditional Finance-Blockchain Fusion
While experiencing fewer developments, Chainlink (LINK) is performing relatively well on the charts. Since mid-June, the price has jumped nearly 30% from $5 to $6.37. The notable news for Chainlink (LINK) is the partnership with SWIFT, the well-known interbank messaging system.
This is a strategic and familiar collaboration where traditional finance meets blockchain technology. Besides this, Chainlink’s (LINK) on-chain activity, social engagement, fundamentals, and adoption are solid.
Thus, Chainlink remains supreme as the leading decentralized oracle network.
VC Spectra (SPCT) Edges Close to The Second Stage of Its Fast-Selling Presale
VC Spectra (SPCT) is a progressive decentralized asset management and trading platform for the finest tech and blockchain-based start-ups. The project is capitalizing on growing multi-billion industries with impressive compound annual growth. Its goal is to make investing in these sectors simple, transparent, trustless, and, of course, lucrative.
VC Spectra (SPCT) has no third parties, meaning investors can begin trading without KYC and control their assets. The platform will use smart contracts to manage investments, distribute rewards, store funds, and more.
Its utility token VC Spectra (SPCT), offers valuable advantages for investors, namely rewards, voting rights, quarterly dividends, and exclusive access to pre-ICOs. SPCT is also a token designed with scarcity and price appreciation in mind, as there is a limited circulation of 1 billion.
VC Spectra (SPCT) stage 1 presale is a developing success. Investors have committed millions to SPCT, with only 40% of tokens remaining. With stage 2, the price will move from $0.008 to $0.011, a 37.5% increase. But the prospects get more exciting.
Analysts have predicted that VC Spectra (SPCT) could reach $0.08 after all presale stages. This would be a 900% surge from its initial value.
Learn 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
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