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DWF Labs Invests $18 Million in Conflux (CFX), Bulls Push Tron (TRX) to New Highs, VC Spectra Provides Access to Highly Profitable Ventures appeared on blockchainreporter.net by blockchainreporter.
The cryptocurrency market has been showcasing some exciting developments as major players make significant moves. While DWF Labs’ recent investment of $18 million in Conflux (CFX) cements their long-term partnership, Tron (TRX) experiences a surge in value, reaching new highs. Amidst the frenzy, VC Spectra (SPCT) emerges as a game-changer and offers investors access to highly lucrative ventures with its innovative, decentralized hedge fund approach.
DWF Labs’ $18 Million Investment in Conflux (CFX) Strengthens Partnership
DWF Labs has solidified its long-term commitment to Conflux (CFX) with a recent purchase of $18 million worth of CFX tokens. This significant investment further strengthens the relationship with Conflux (CFX). However, despite this positive development, Conflux (CFX) has shown mixed sentiment in recent days. Over the course of the past week, Conflux (CFX) has lost 11.22% of its value, dropping from $0.23 to $0.20.
On June 28, 2023, Conflux Network announced that the multi-stage Web3 investment firm had acquired $18 million worth of its tokens. Since this investment demonstrates the confidence of DWF Labs in the potential of Conflux (CFX), the market has responded favorably in the short term.
At the time of writing, Conflux (CFX) is priced at $0.2106, indicating an increase of 3.96% in the last 24 hours. On the other hand, the trading volume for Conflux (CFX) hovers around $70 million on a daily basis, representing a clear drop from the previous days. This decline in trading volume suggests a recent decrease in market activity surrounding Conflux (CFX).
Bulls Push Tron (TRX) to New Highs as Price Challenges Key Resistance
The Tron (TRX) coin made significant progress over the past week, with an increase of 3.18%. Today, Tron (TRX) reached a crucial resistance level of $0.0773, which is the same level from which the Tron (TRX) price experienced a crash on June 9, 2023. After a recovery process spanning nearly 21 days, Tron (TRX) was poised to reclaim this lost price level. Bulls were again on the march, aiming to push the Tron (TRX) price above $0.0773 and potentially break through the resistance zone.
However, after the successful uptrend in the last few days, today Tron (TRX) experienced a pullback to the level of $0.0755. Tron (TRX) is currently trading at $0.07726 with a decrease in trading volume of 19% compared to the previous day.
Looking ahead to 2023, experts are projecting that the Tron (TRX) price may reach a minimum level of $0.085. These projections provide a glimpse into the potential growth of Tron (TRX) and highlight the optimism surrounding the coin’s future performance.
VC Spectra (SPCT) Opens Doors to Highly Profitable Ventures
VC Spectra (SPCT) introduces groundbreaking innovation to the world of fintech and blockchain as a decentralized hedge fund. VC Spectra (SPCT) offers investors the opportunity to select from a range of leading blockchain and technology investments, with a specific focus on ICOs.
By investing in VC Spectra (SPCT), you gain access to a comprehensive portfolio of promising projects, carefully curated to deliver maximum gains with minimal risks. Moreover, VC Spectra (SPCT) provides early investment opportunities, maximizing potential returns. Leveraging AI in its day-to-day operations, VC Spectra (SPCT) employs algorithmic trading approaches to analyze real-time data and make informed investment decisions.
VC Spectra (SPCT) is currently in Stage 1 of its public presale, and it is trading at $0.008. With its strong real-world utility, the VC Spectra (SPCT) platform is poised to generate substantial gains for holders during the presale and even greater returns once it hits exchanges. Moving forward, VC Spectra (SPCT) will soon enter Stage 2 of its public presale, targeting a price of $0.011, representing a significant increase of 37.5%.
Find out more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
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