Spencer and His Clients Face Musk’s Discreditation Efforts, VC Spectra Gains Momentum, Rally of Bitcoin Cash Faces Uncertainty
New court documents in the Dogecoin lawsuit claim that Elon Musk funded an intimidation operation against the plaintiffs. The plaintiffs’ lawyer argues that Musk and Tesla have conflicting interests. In other news, VC Spectra has sold 93% of its initial tokens in its public presale, and Bitcoin Cash is struggling to reach $300 since July 1.
Plaintiffs in the Dogecoin lawsuit have accused Elon Musk of harassment and using controversial tactics. The lead attorney alleges that Musk’s legal team funded these tactics. This comes after Musk’s lawyer demanded the removal of a complaint claiming that Musk manipulated crypto prices by selling Dogecoin. Dogecoin’s price movement suggests an upwards curve in its accumulation, and its price dropped slightly to $0.069. Analysts predict a further drop to $0.68 by August.
VC Spectra, a decentralized hedge fund focusing on blockchain and fintech innovation, raised $2.4 million in its private presale. The platform aims to provide profitable ventures through sustainable development and advanced technology. It assesses projects meticulously to maximize returns and minimize risks. Users receive rewards through buybacks, dividends, and exclusive access to voting rights, pre-ICOs, and diversified portfolios. The second stage of VC Spectra’s public presale is expected to bring a 37.5% surge in the token’s price to $0.011.
Bitcoin Cash has not reached $300 in the past weeks despite a rally in June. Technical analysis suggests that the bulls remain dominant, and the slight price drop has deterred interest from futures investors. Bitcoin Cash’s price fluctuation has triggered selling pressure and driven investors towards more sustainable options, such as VC Spectra.
Overall, the Dogecoin lawsuit and Bitcoin Cash’s volatility have influenced investors’ choices. VC Spectra’s presale has attracted significant interest due to its focus on profitable projects and advanced technology.