Bitcoin

MobileCoin Loses 18% This Year – Investors Have Had Enough and Are Leaving for VC Spectra

Much has been going on regarding challenges to global regulatory policies for the blockchain industry. MobileCoin (MOB) is one of the most recent casualties as Binance delisted it in four European countries. On the other side of the coin, VC Spectra (SPCT) continues to entertain the crypto-investing public in Stage 2 of its public presale, rewarding its Stage 1 investors with a more-than-decent 37.50% profit. We have a “Beauty and the Beast” story with these contrasting events. Read on to see how this story will unfold!

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Could It Get Worse Than -18% for MobileCoin (MOB) This 2023?

MobileCoin (MOB) stood its ground by restating its commitment to developing global payment solutions that adhere to global privacy policies. This statement came after Binance announced MobileCoin’s (MOB) delisting from its platform.

One MobileCoin (MOB) trader posted that it’s natural for governments to give it a hard time since it’s a privacy token. We understand that privacy tokens are pro-anonymity. The buyer and the seller know the transacted amount, but there’s no chance for other parties not involved in that transaction to know anything about it.

MobileCoin (MOB) posted no update since it tweeted about the news on June 27, 2023. One trader commented that it stopped holding this token for the lack of news and social interactions on the part of MobileCoin (MOB). Another Twitter user also suggested hiring a marketing team because it looked like it was left for dead. True enough, MobileCoin (MOB) has yet to post an update on this delisting since then.

MobileCoin (MOB) is approaching the resistance near $0.71. Still, analysts are bearishly forecasting that traders might lock in profits on that level and let the price dip near $0.56 again before the end of 2023. That’s a disappointing 35% loss in the making. A sell-off is possible at $0.71, which could lead to a bearish reversal to the support at $0.56. Traders are advised to monitor their trailing stop and make a downward adjustment if needed.

Why Lose Monel On MobileCoin When the Gain Potential on VC Spectra Is 127.27%?

VC Spectra (SPCT) is in the business of building AI-powered venture capital funds. It’s a decentralized hedge fund and a crypto trading platform aiming to democratize blockchain technology. Through its VC Spectra (SPCT) tokens, it issues quarterly dividends, buybacks, and other benefits exclusive to investors. After securing $2.4 million during the private seed sale, it launched Stage 1 of its public presale for a $0.008 per VC Spectra (SPCT) token for 125 million coins.

On July 18, VC Spectra (SPCT) set Stage 2 of its public presale in motion. Another set of 125 million tokens is up for grabs, priced at $0.011 apiece. Stage 2 is 15.12% completed at this moment, with only 106,096,528 tokens remaining.

When it proceeds to Stage 3, a 127.27% profit awaits Stage 2 investors. Earnings potential keeps on rising for VC Spectra (SPCT) investors. The token’s ultimate price by the end of the public presale is $0.08, 10x the initial price.

In contrast to what some crypto investors complain about MobileCoin (MOB), VC Spectra (SPCT) consistently publishes updates on Twitter not only about the status of its public presale but also rewards and dividend announcements.

Its latest tweet reassures how it values loyal and trusting investors by letting them receive quarterly dividends and buybacks relative to the number of VC Spectra (SPCT) tokens in their accounts. Giveaways are also announced on its Twitter account.