Chainlink bore the brunt of increased price correction over the past week, with LINK’s value taking a massive hit. On the other hand, Polygon (MATIC) has worked diligently to enhance its network capabilities by initiating massive system upgrades. Amidst these developments, investors have turned their attention to VC Spectra (SPCT), a blockchain pioneer offering current buyers a 627% ROI once it hits the exchanges. Let’s find out why SPCT overshadows LINK and MATIC.
What you'll learn 👉
Chainlink’s (LINK) Price Dips: Can Its Upgrades Fuel A Recovery?
Chainlink (LINK) plummeted 4.7% over the past week, from $7.43 to $7.08. Analysts indicate Chainlink’s (LINK) price fluctuations are attributed to price corrections and increased market volatility.
On the other hand, Chainlink (LINK) recently partnered with Base, a new Ethereum Layer-2 solution developed by Coinbase. On 8th August 2023, Chainlink (LINK) unveiled the integration of price feeds into the Base chain. Experts say Chainlink’s (LINK) partnership simplifies incorporating DeFi protocols, encompassing externally connected DeFi applications, including lending, borrowing, and derivatives markets.
Furthermore, Chainlink’s (LINK) enhanced Proof of Reserve (PoR) technology is a game-changer for tokenized indexes. PoR empowers Chainlink (LINK) to ensure that tokenized indexes are underpinned by verifiable reserves, fostering confidence and trust among investors.
As Chainlink (LINK) makes strides to bolster its ecosystem, market projections indicate Chainlink (LINK) can rise by 6.9% in the coming weeks, from $7.08 to $7.57.
Polygon (MATIC) Initiates Various Ecosystem Upgrades
Polygon (MATIC) partnered with Immutable to enhance its zkEVM blockchain, tailored for the gaming industry. Polygon’s (MATIC) upgrade offers exclusive benefits to developers and gamers alike. With a wide range of powerful tools, Polygon (MATIC) simplifies the development process, enhancing the gaming experience.
Furthermore, Polygon has proposed elevating its MATIC token to a versatile multipurpose token called POL. This upgrade will extend its functionality across various Polygon protocols, including Polygon PoS, zkEVM, and Supernets.
Validators will have the opportunity to benefit from protocol incentives and additional rewards through POL staking. Moreover, the upgraded protocol architecture will introduce remarkable features such as infinite scalability and seamless protocol integration.
The news sent a wave of excitement among investors, causing Polygon’s (MATIC) price to increase from $0.72 to $0.87, indicating a 20.8% surge. As Polygon (MATIC) transcends to Polygon 2.0, experts say Polygon (MATIC) can soar by 18.4%, from $0.87 to $1.03 in the coming weeks.
SPCT’s Presale Sends Shockwaves
VC Spectra (SPCT) is a decentralized hedge fund that has emerged as a formidable blockchain pioneer. The platform rewards investors quarterly dividends and buybacks based on their investment profits.
VC Spectra’s native token, SPCT, is a BRC-20 standard token built on the Bitcoin blockchain. It facilitates asset management, decentralized trading, and seamless exchange on the Spectra platform. SPCT is deflationary and boasts a burn mechanism that gradually reduces token circulation, enhancing VC Spectra’s (SPCT) value over time
Moreover, VC Spectra (SPCT) users enjoy exclusive access to early-stage blockchain startups, voting rights, and pre-ICOs, amplifying their potential for success. Leveraging algorithmic and systematic trading techniques, VC Spectra (SPCT) ensures informed investment decisions that maximize returns and mitigate possible risks.
So, why should you invest in VC Spectra (SPCT)? VC Spectra (SPCT) has already sold an impressive 80% of its available token supply. VC Spectra’s token, SPCT, sells at $0.025 in Stage 2 of its public presale. However, it’s projected to rise by 220% of its current price to hit $0.08 by the end of the presale.
Take a leap of faith and join SPCT’s captivating presale, which offers you a 25% bonus on any deposit.
Learn more about the VC Spectra presale here:
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