Binance Announcement Pushed Shiba Inu (SHIB) Upwards

Entering August, Shiba Inu (SHIB) continued with the downward trend that had persisted from the previous month. On August 1, Shiba Inu (SHIB) was traded at $0.00000843 and maintained a relatively tight price range until August 4. But, Shiba Inu (SHIB) initiated a bullish trend on August 4 after Binance's announcement declaring it an authorized collateral asset.

On August 2, the volume of Shiba Inu's (SHIB) token transfers dipped to 2.4 trillion, representing a massive drop of 65.86% compared to the 7.03 trillion reported on July 29. Nonetheless, in response to Binance's announcement, Shiba Inu's (SHIB) daily token transfers increased by 41%, reaching 4.1 trillion on August 4.

Also, Shiba Inu's (SHIB) value rose from $0.00000821 on August 1, to $0.00000952 at the current time, up 16.85% in the past week. Interestingly, market analysts expect Shiba Inu (SHIB) to continue with its upward trajectory, potentially reaching $0.000001035 by September 2023.

Hedera’s Partnerships and Developments Increase Its Value

Hedera’s (HBAR) blockchain has been making waves in the market, managing to capture the attention of many due to its collaboration with automotive giants Hyundai and Kia. Hedera (HBAR) joined the automotive firms to unleash plans to launch a carbon dioxide emissions monitoring system. This innovative system strives to carefully track emissions within Hyundai's operations and its business associates.

Incorporating Hedera (HBAR) blockchain technology for carbon emission management marks a significant stride in advancing sustainable practices across the automotive industry. The fusion of AI technology and robust Hedera (HBAR) blockchain infrastructure empowers Hyundai and its partners to establish carbon reduction targets and make precise projections of future carbon emissions.

The news saw Hedera’s HBAR cryptocurrency gain value as more people noticed the coin. Hedera (HBAR) is currently trading at $0.0601, up 14% in the past weeks. Analysts expect Hedera (HBAR) to continue rising to close 2023 at $0.0701.

VC Spectra (SPCT) Offers Unrivaled Investment Opportunities

VC Spectra’s (SPCT) presale success positions it as a pioneering decentralized hedge fund that focuses on the fintech and blockchain sectors. VC Spectra (SPCT) offers exclusive investment channels within the blockchain and technology space. Apart from normal dividends and investment buybacks, VC Spectra (SPCT) also gives investors the advantage of participating in new initial coin offerings (ICOs) during their seed and private sales.

Presently in Stage 2, VC Spectra's (SPCT) public presale is going smoothly with each SPCT token valued at $0.011. Notably, the value is expected to appreciate by 627% by the end of the presale with VC Spectra (SPCT) projected to reach $0.08.

On that note, VC Spectra (SPCT) achieved a 37.5% return on investment (ROI) by progressing from its Stage 1 price of $0.008 to its current value of $0.011. For those who did not capitalize on this opportunity, there is still potential for VC Spectra (SPCT) profits in the next stages. VC Spectra's (SPCT) price is expected to increase through every presale phase until it reaches $0.08.

Given its current price dynamics, experts forecast that VC Spectra (SPCT) will emerge as one of the best-performing cryptocurrencies in 2023.

Learn more about VC Spectra (SPCT) and its presale:

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

Website: https://vcspectra.io 

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund