Increased Trading Volumes Witnessed In GALA And SUI This Week: Optimism Surrounding VC Spectra’s Future Persists Among Investors

Despite a potentially damaging development, Gala coin has experienced an increase in trading volume in the last seven days. Sui crypto investors have also been more active this week, especially as the project announced a new collaboration. Meanwhile, investors are excited about VC Spectra’s (SPCT) potential, already having realized 450% ROI.

Let’s explore the details and see why VC Spectra (SPCT) excites investors. More so, which of the three is a good crypto to buy?

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Summary

• Gala (GALA) is projected to reach $0.017 in 2023 despite negative developments.
• Analysts say Sui (SUI) will reach $0.598 by the end of the year.
• Investors agree on VC Spectra’s (SPCT) leading position over rivals.

Gala Founders In Legal Battle As Trading Volume Soars

On September 4, 2023, it was reported that there was an ongoing legal tussle between the CEO of Gala, Eric Schiermeyer, and Wright Thurston, co-founder and director of the company. 

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Schiermeyer charged Thurston with allegedly stealing $130 million worth of Gala tokens. Thurston presumably stole these tokens through his company, True North United Investments. At the same time, Thurston has filed a countersuit against Schiermeyer, accusing him of misappropriating around $600 million by selling corporate assets, taking out personal loans with company money, and setting up foreign companies to explore opportunities that should belong to Gala coin.

After the news broke, the Gala price fell 5.9% from $0.017 to $0.016 on September 4. A month later, the token price fell 11.8% to $0.015 as of October 2. However, despite the lawsuits, Gala’s trading value rose 193% from $26.4 million to $73.6 million this week. 

Despite the lawsuit, analysts predict that the Gala coin price will increase to $0.017 by the end of 2023 as the crypto market rebounds from the slump in Q3.

Trading Volume: NHN Builds Games On Sui

On September 21, South Korean tech firm NHN announced that it is developing crypto games and will use the Sui blockchain. NHN has previously developed social casino games like Hangame Poker and mobile titles, including Crusader’s Quest. Now, the firm plans to develop digital board games that leverage NFTs.

Since the news broke, Sui’s price rose 7.2% from $0.447 to $0.479 by October 2. In addition, this week, Sui’s trading volume rose 105% from $37.4 million to $76.9 million. Analysts attribute this increase in price and trading volume to the return of investors to the market after a general drop in trading levels during the last bear market.

Analysts believe that this collaboration will spur the Sui crypto to $0.598 before 2023 is over. The Sui crypto could also reach a higher price if the market experiences the predicted bull run this month. This is why analysts list Sui as a good crypto to buy. Finally, let’s see if SPCT offers similar or better prospects than SUI.

VC Spectra (SPCT): Future Dividends Thrill Investors

Investors have recently shown increased interest in one of the new DeFi projects – VC Spectra (SPCT). They are drawn by the promise of quarterly dividends and buybacks, access to exclusive pre-ICOs, and voting rights available to token holders.

VC Spectra (SPCT) enables its buyers to invest in promising blockchain projects and special niches of the crypto market. Investors are also drawn by VC Spectra’s (SPCT) use of AI, systemic, algorithmic trading strategies, and a long-term investment strategy to maximize profits and reduce risk. They understand how these features can make VC Spectra (SPCT) the leading blockchain investment platform in a few years.

Finally, investors are happy with the massive profits from holding the VC Spectra (SPCT) token. Those who bought SPCT tokens for $0.008 at Stage 1 of the public presale have already gained 450%. Meanwhile, those who joined in at Stage 2 have pocketed 300%. 

Now, investors look forward to an at least 82% surge when the presale ends. In Stage 3, there’s also an active 50% deposit bonus on all SPCT purchases. All these features and benefits are why they agree that VC Spectra (SPCT) is the best new crypto to invest in for the future.

To learn more about VC Spectra (SPCT), visit:

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• Source: https://thecryptobasic.com/2023/10/05/increased-trading-volumes-witnessed-in-gala-and-sui-this-week-optimism-surrounding-vc-spectras-future-persists-among-investors/?utm_source=rss&utm_medium=rss&utm_campaign=increased-trading-volumes-witnessed-in-gala-and-sui-this-week-optimism-surrounding-vc-spectras-future-persists-among-investors