The current price of Chainlink is approaching a significant support level that has decreased confidence among LINK holders. Meanwhile, Polygon (MATIC) has encountered considerable strain due to prevailing trends, prompting investors to consider alternative avenues. Amidst these circumstances, VC Spectra (SPCT) emerges as a more dependable investment option. Following a successful seed sale event that generated over $2.4 million in two weeks, the platform continues to exceed expectations. Why are Chainlink (LINK) and Polygon (MATIC) investors choosing VC Spectra (SPCT)? Read on to find out!
Chainlink’s (LINK) Large Token Holders Cause a Surge in Price
As of July 29, 2023, Chainlink’s price is $7.75. The price has decreased by 3.8% from its 24-hour high of $8.06. Chainlink experienced a significant price surge in July, rising from under $6 to a monthly peak above $8.50 on July 14.
Chainlink (LINK) encountered investor-selling pressure around the $8.50 resistance level. On July 27, 2023, Chainlink (LINK) experienced significant growth driven by a record-breaking number of transactions surpassing $1 million. The considerable increase in Chainlink whale accumulation led to a surge in price.
Chainlink is facilitating price feeds for popular smart contracts. The team is collaborating with various institutions, including Swift, to maintain market dominance in the tokenized assets field.
Chainlink’s (LINK) price has been trading sideways for almost a year, indicating a potential upcoming significant price movement. Analysts forecast that Chainlink’s price could fluctuate between $6.69 and $16.25 throughout the rest of 2023.
Polygon’s (MATIC) Transition to POL Fails to Impress Investors
Polygon’s (MATIC) transition to POL on June 13, 2023, generated significant investor excitement. The price of Polygon’s (MATIC) increased by 20.9% from $0.67 to $0.88 following the announcement. As of July 29, 2023, Polygon’s (MATIC) price has dropped to $0.72, reflecting an 18.2% decrease. However, Polygon’s (MATIC) price has increased by 0.32% within 24 hours.
Despite the hype surrounding Polygon 2.0, investors did not see any benefits as MATIC’s price remained under bearish control. In July, Polygon Labs made notable updates and strategic partnerships, establishing a solid presence in the market.
Experts anticipate a positive shift for Polygon (MATIC) due to renewed growing excitement surrounding Polygon 2, new tokenomics, and a POS upgrade. Projected Polygon’s price ranges from $0.84 to $0.96, with an average of approximately $0.87 by the end of 2023.
VC Spectra (SPCT) Demonstrates Remarkable Presale Statistics
VC Spectra (SPCT) is a decentralized hedge fund reshaping Fintech and blockchain platforms by removing intermediaries. Users benefit significantly from the developers’ emphasis on ICOs and strategic investments.
It utilizes advanced AI trading systems to identify and select high-potential options accurately. The platform offers investors quarterly dividends and buybacks from profits.
VC Spectra BRC-20 standard token is deflationary with a burn mechanism to decrease circulation gradually. The token facilitates asset management, decentralized trading, and transaction fees.
SPCT is currently in Stage 2 of its public presale, offering 125 million tokens at $0.011 each. Stage 1 investors achieved a 37.5% ROI from an initial price of $0.008.
Investing in VC Spectra tokens during Stage 2 offers a potential 627% increase in value, with SPCT reaching $0.08 by the end of the presale. Participants will also receive a 25% bonus on their deposits.
Learn more about the VC Spectra presale here: