Maker (MKR) and Fantom (FTM) have been on a downtrend for a while now. However recent developments indicate a potential upcoming price upswing. However, Maker’s (MKR) and Fantom’s (FTM) incoming price increases are overshadowed by VC Spectra’s (SPCT) remarkable 212.5% price surge.
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Maker’s (MKR) Approaches Price Rally: What’s Coming?
Maker’s (MKR) DAO has made news lately due to a significant rise in the maximum Dai Savings Rate (DSR), which increased from 3.19% to 8% on August 6, 2023. This temporary increase, known as Enhanced Dai Savings Rate (EDSR), was intended to motivate more holders of Dai (Maker’s stablecoin) to place their tokens within Maker’s (MKR) protocol and generate interest.
As a result of the EDSR implementation, the Dai token has gained momentum, leading to a market capitalization surge of more than $570 million since August 6, 2023. This has also caused a price increase in Maker’s native token, MKR.
Between August 6 and August 14, 2023, Maker (MKR) rose by 4%, increasing from $1,216.17 to 1,270.03. However, Maker (MKR) has hit a bumpy road dropping it to $1.199.90 as of August 16, 2023.
However, experts predict that Maker’s DAI increase will rub off on Maker (MKR), pumping MKR to $1,234.56 by September 25, 2023.
Fantom (FTM) Finally Shows Promise: Time To Invest?
Since May 2023, Fantom (FTM) has experienced a downward trend, following its drop below the $0.4 price level. Coming to the present, Fantom (FTM) has declined by 8% over the past seven days. Fantom (FTM) plummeted from $0.24 to $0.22 between August 10 and August 16, 2023. However, Fantom’s (FTM) decline may soon end due to recent developments.
On August 9, 2023, Andre Cronje, co-founder and architect of Fantom’s (FTM) Foundation, announced that Fantom (FTM) is actively exploring the idea of incorporating optimistic rollups to link Fantom’s (FTM) blockchain with Ethereum (ETH).
Michael Kong, CEO of Fantom Foundation, further explained that adopting Layer 2 technology would enable the Fantom (FTM) network to tap into greater liquidity within the Ethereum ecosystem.
If Fantom (FTM) successfully links up with Ethereum’s liquidity, it could boost its performance and pump its price. Price projections predict that Fantom (FTM) will reach $0.423 by September 13, 2023.
VC Spectra (SPCT) Rallies With 900% Surge: Prime For Investment?
VC Spectra’s (SPCT) innovative feature has made it stand out as an exceptional decentralized hedge fund in the fintech and blockchain sectors. VC Spectra (SPCT) provides a unique range of high-potential investment opportunities in the technology and blockchain domains.
VC Spectra (SPCT) investors enjoy monthly dividends, buybacks, and the added privilege of accessing new initial coin offerings (ICOs) during seed and private sales.
Currently in Stage 2 of its public presale, VC Spectra (SPCT) tokens are valued at $0.025 each, this is after an early rise to Stage 3 prices from the initial Stage 2 price of $0.011. With a notable 212.5% ROI from its ICO starting price of $0.008 to its present $0.025, VC Spectra (SPCT) presents an enticing opportunity.
Investors who didn’t partake in the previous surge still have the chance to benefit from subsequent increases, as VC Spectra’s (SPCT) price will increase with each presale stage until it reaches $0.08. This guarantees Stage 1 investors a staggering 900% ROI and new investors a remarkable 220% ROI by the end of the presale period.
To learn more about VC Spectra (SPCT) and its presale, visit:
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