Can the Twitter vs. Facebook Lawsuit Drive the Dogecoin (DOGE) Price? Will VC Spectra and Polygon Keep Their Momentum?

Mark Zuckerberg has been toe-to-toe with Elon Musk for quite some time now. However, things have taken an exciting turn, with Twitter launching a lawsuit against Facebook for its Twitter rip-off, the “Threads” app. This buzz can severely affect the crypto market, especially Dogecoin (DOGE).

Regardless,  VC Spectra (SPCT) raised $2.4 million in private presale, and Polygon (MATIC) is in the green. What’s next? Let’s find out.


What Meta vs. Twitter Will Do To Dogecoin (DOGE)?

Facebook’s (now Meta) CEO Mark Zuckerberg has been witnessing rivalry from the world’s most successful entrepreneur and founder of SpaceX, Elon Musk. Tensions are rising as Meta’s new “Threads” app seemingly rips off Twitter’s ideology.

In a tweet, Elon Musk challenged Mark Zuckerberg to a cage fight to which the latter said yes, responding with “Send Location” on his verified Instagram account.

Threatening a serious lawsuit if the Threads app ever launches, Twitter is prepared for an all-out war.

Meanwhile, Dogecoin (DOGE) is on the offside of this ordeal. As a meme coin, it has always seen its ups and downs based on tweets from Elon, but he is a little occupied and has left Dogecoin (DOGE) on its own. 

Without any action, Dogecoin (DOGE) is laying low for now, holding above its support region of $0.065 and waiting for the next turn of events.

If Twitter wins the case, much-needed attention will come to Elon and, thereby, to Dogecoin (DOGE), making a potential bull run seem possible. However, if Twitter loses its lawsuit in favor of Meta, Dogecoin (DOGE) would rise in popularity with the added exposure it gets from Elon’s involvement. 

However, millions of Dogecoin (DOGE) investors do not have that kind of patience and are moving towards other valuable projects such as  VC Spectra (SPCT).


VC Spectra (SPCT) Is Rising High and Gaining Strong Support

Unlike Dogecoin (DOGE),  VC Spectra (SPCT) focuses on building a market and not relying on public influencers to create one. VC Spectra (SPCT) is all set to break records by introducing the safest asset management blockchain.

With exclusive access to strategic ICOs and other startups within the  VC Spectra (SPCT) blockchain, investors can earn a sustainable income without risks. Furthermore, VC Spectra (SPCT) provides exclusive voting rights to all its investors so they can be involved in the blockchain’s proceedings.

Investors can purchase  VC Spectra (SPCT) BRC-20 native token through private and public presales. The private presale has recently raised more than $2.4 million for  VC Spectra (SPCT). The public presale, on the other hand, is going on in stages.

Stage 1 is 70% sold out, and Stage 2 is just around the corner with a 37.5% price hike from $0.008 to $0.011.

Ultimately, at the end of all public presales,  VC Spectra (SPCT) will see a 900% surge from its current price of $0.008 to the $0.08 launching price target.


Polygon (MATIC) Cherishes Bullish Patterns: Is It Long Term?

Meanwhile, Polygon (MATIC) looks great on the weekly charts with its slightly bullish momentum. Starting last week in the green at $0.67 on July 3rd, 2023, and rising by 7.46% all the way up to $0.72 on July 4th, 2023, Polygon (MATIC) has taken a bullish approach.

However, after reaching the high of $0.72 on July 4th, 2023, Polygon (MATIC) is seeing a lot of buyer pressure, with solid resistance forming at $0.70 for Polygon (MATIC). 

As a result, even the slightest capitalization or large sell order can send Polygon (MATIC) down to the support regions of $0.66. From there, recovery may be possible.

For now, Polygon (MATIC) is holding firm. However, the RSI indicator for Polygon (MATIC) is neutral. The technical indicators suggest that Polygon (MATIC) may not see significant ups or downs, prompting investors to explore SPCT’s potential.

Learn more about VC Spectra (SPCT) and its presale:

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Torsten Hartmann
Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

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