Spectral Information

Spectral is an innovative privacy-focused cryptocurrency that aims to provide users with a secure and anonymous way to transact in the digital world. By utilizing advanced cryptographic techniques, Spectral ensures that transaction details remain confidential while still maintaining a transparent network structure. As interest in privacy-centric solutions grows, Spectral positions itself as a compelling option for users seeking enhanced data protection in their financial activities.

Spectral

$10.35

Title : Spectral
Symbol : spec
Current Price $ : 10.35 $
High 24h : 10.9 $
Low 24h : 10.13 $
Price Change 24h : -0.44836674491301 $
Price Change % 24h : -4.15331 %
Market Cap : 145806699
Whitepaper : https://www.spectrallabs.xyz/whitepaper.html
Website : https://www.spectrallabs.xyz/
Total Volume : 12185852
Market Cap Change 24h : -6960899.5903118
Market Cap Change % 24h : -4.55653 %
Circulating Supply : 14104696.9
Total Supply : 100000000
Max Supply : 100000000
Last Updated : 2025-01-06 23:59
All Time High (ATH) : 18.48
ATH Change % : -44.32289 %
ATH Date : 2024-11-30 06:25
All Time Low (ATL) : 4.28
ATL Change % : 140.16597 %
ATL Date : 2024-07-08 01:21

more information

As the cryptocurrency market continues to evolve, Spectral (SPEC) has emerged as a notable player in the decentralized finance (DeFi) space. With its unique features and an ambitious roadmap, the coin has caught the attention of both investors and enthusiasts. In this article, we will delve into the historical performance of Spectral, analyze its advantages and disadvantages, and assess its future outlook.

Historical Performance: A Winding Journey

Launched in 2024, Spectral has had a tumultuous journey, achieving an all-time high (ATH) of $15.67 on June 3, 2024. Since that peak, the coin has experienced a decline of approximately 30.89%, settling at a current price of $10.84. The coin's all-time low (ATL) was recorded shortly after its launch, at $4.28, marking a remarkable recovery of 152.91% since that time.

With a current market capitalization of around $130 million, Spectral has demonstrated stability amidst the volatile nature of cryptocurrencies. The circulating supply stands at approximately 12.05 million, with a total supply capped at 100 million, indicating a relative scarcity that could support future price appreciation.

Advantages of Spectral

One of Spectral's primary advantages is its robust technology and innovative approach to decentralized finance. The coin is designed to facilitate efficient and secure transactions while providing transparent governance mechanisms. Its whitepaper, available on the [official website](https://www.spectrallabs.xyz/whitepaper.html), outlines various protocols that leverage smart contracts, enhancing its utility within the DeFi ecosystem.

Moreover, Spectral has built a strong community of supporters and developers, which is crucial for any cryptocurrency’s success. The project benefits from active collaborations and partnerships that aim to extend its utility and reach. This supportive ecosystem enhances investor confidence and can potentially lead to greater adoption.

Disadvantages and Challenges

Despite its strengths, Spectral faces several challenges. The crypto market is notoriously unpredictable, and the coin's price volatility can deter less risk-tolerant investors. The recent price fluctuations, including a 1.47% change in the last 24 hours, exemplify this volatility, which is common in altcoins.

Additionally, as with many cryptocurrencies, regulatory scrutiny poses a significant risk. The evolving regulatory landscape could impact Spectral's operations and market acceptance. Investors must stay informed about potential legal developments that may affect the broader DeFi market.

Future Outlook: Potential and Predictions

The future of Spectral appears promising, particularly if it can build on its technological advantages and community support. Analysts suggest that if the project continues to innovate and expand its use cases, the coin could regain its previous highs or even surpass them in the long term.

Moreover, as DeFi continues to gain traction, Spectral is well-positioned to capitalize on this trend. The coin’s emphasis on security, transparency, and community governance could make it a preferred choice for users engaging in financial activities within a decentralized framework.

In conclusion, while Spectral has its share of challenges, its advantages position it well for potential growth. Investors should consider both the historical performance and the current market conditions when evaluating the future of this intriguing cryptocurrency. As the DeFi landscape evolves, Spectral may become a significant player worth keeping an eye on.

General Information
from price $10
Title Spectral
Symbol spec
Whitepaper https://www.spectrallabs.xyz/whitepaper.html
Website https://www.spectrallabs.xyz/
Community -
Last Updated 2025-01-06 23:59

Price Data
Current Price $ 10.35 $
High 24h 10.9 $
Low 24h 10.13 $
Price Change 24h -0.44836674491301 $
Price Change % 24h -4.15331 %

Market Data
Market Cap 145806699
Total Volume 12185852
Market Cap Change 24h -6960899.5903118
Market Cap Change % 24h -4.55653 %
Return on Investment (ROI) -

Supply and Availability
Circulating Supply 14104696.9
Total Supply 100000000
Max Supply 100000000

Historical Data
All Time High (ATH) 18.48
ATH Change % -44.32289 %
ATH Date 2024-11-30 06:25
All Time Low (ATL) 4.28
ATL Change % 140.16597 %
ATL Date 2024-07-08 01:21