The world is evolving at an unprecedented rate, and cryptocurrencies are set to revolutionize the digital industry. Among the most promising ones in 2023 are Polygon (MATIC), VC Spectra (SPCT), and Ethereum Classic (ETC).
Raised stakes for SPCT resulted in $2.4 million being raised in private presale events. Is crypto really worth it? Let’s find out in this article!
From dust to riches: Polygon (MATIC) in 2023
Polygon has turned the tides in its favor since the start of July. Polygon hit its weekly high of $0.74 on July 3, 2023, and there are no indications of its mini bull run stopping anywhere within the next couple of days.
More precisely, the Polygon (MATIC) token gained 5% from $0.6685 to $0.7019 within seven days. Surprisingly, Polygon faced less resistance than anticipated as it broke out of the $0.70 resistance line the same day.
This could result from a temporary decrease in buyer pressure after the SEC lawyer stepped down last week. However, since Polygon is still listed in the SEC lawsuit against unregistered securities, there is no saying when the buyer pressure will return.
Polygon (MATIC) currently holds $7 billion of the entire market. Polygon saw a 21% increase in daily trading volume on July 4, making it firm on its bullish rebellion from an overall bearish trend on the daily and monthly charts.
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Yet, with the future of Polygon influenced by the ruling in the SEC lawsuit, caution should be observed if investing.
VC Spectra (SPCT) is quickly transforming into a successful Blockchain
On the other hand, VC Spectra, an asset management protocol, aims to solve issues like investment portfolios and sustainable income generation. VC Spectra (SPCT) is quickly making the headlines with news of $2.4 million being raised in private presale events.
VC Spectra has deployed experienced venture capitalists and risk management personnel on the blockchain to search for credible startups and provide ample investment opportunities to its investors.
With the public presale ongoing, VC Spectra has sold over 60% of the 125 million SPCT tokens allocated for Stage 1.
Nearly at the end, this might be your last chance to buy VC Spectra tokens at $0.008 because Stage 2 will increase the price of these tokens by 37.5% to $0.011. Going on, VC Spectra will launch at $0.08, a 900% surge from the initial presale price of $0.008.
Additionally, VC Spectra will offer its holders numerous other benefits, like a diminishing supply of VC Spectra (SPCT) tokens over time and exclusive access to ICOs.
Ethereum Classic (ETC) dipping trend: Is it the end?
After hitting its monthly high of $22.98 on July 1, 2023, Ethereum Classic has seen a constant decline in value. ETC holds over $3 billion in market cap and over $221 million in 24hr trading volume, making it the 28th largest crypto.
Ethereum Classic (ETC) closely follows the trends of the Ethereum (ETH) token. Likewise, as the ETH token’s price is doing some sideways action, Ethereum Classic is also declining in value.
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Additionally, the UFBI News event on July 2, 2023, unveiled large transactions moving out of Ethereum Classic, marking the end of its aggressive price hike.
Since then, Ethereum Classic has closely followed a bearish pattern, holding above the support region of $18.5. If Ethereum Classic (ETC) drops below $18, it will start an aggressive bear market which may dip ETC as far as $16.
