A surge in MATIC and SPCT, Further Drops in ADA and DOT

After a promising June, many believe the altcoin season may be upon us. Altcoins offer an interesting and affordable alternative to the tried-and-tested Bitcoin (BTC) and Ethereum (ETH). Polygon (MATIC) and VC Spectra (SPCT) have been surging in price, while Cardano (ADA) and Polkadot (DOT) have pulled back.

Let’s consider what to expect for each in this upcoming altcoin cycle.

Polygon (MATIC) Breaks Seven-Day High Amid Rising NFT Metrics

Polygon’s (MATIC) NFT metrics have contributed to the token’s latest rise. Several data sources show double-digit jumps in trades with Polygon-created NFTs over the past week.

After trading below its recent high of $0.72 for several days, Polygon (MATIC) broke this level, hitting a new value of $0.75.

Based on many predictions, the maximum value for Polygon (MATIC) is $1.50 before the year ends. Thus, Polygon’s (MATIC) price must double to reach this target which, while challenging, is possible.

Let’s now observe VC Spectra (SPCT), which offers more substantial forecasts than Polygon (MATIC).

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VC Spectra (SPCT) Is Expected To Produce The Biggest Surge In Altcoins For 2023

VC Spectra (SPCT) is a crypto-based asset management protocol for promising blockchain and technology start-ups. All the projects VC Spectra (SPCT) funds will uphold ESG values so that it promotes a positive society and environment.

Smart contracts govern the platform’s operations, ensuring autonomy and transparency. This technology is also responsible for distributing profits to investors without a person handling this process.

Regarding profits, the SPCT token is necessary for investing and getting paid with VC Spectra (SPCT). It provides other benefits like quarterly dividends, voting rights, and access to discounted pre-ICOs.

Stage 1 of VC Spectra’s (SPCT) presale is nearing an end, where its token will trade from $0.008 to $0.011 in Stage 2. The best part is the long-term potential for investors who have bought at the current price.

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Experts believe SPCT should be 10x more than $0.008 (to $0.08) once VC Spectra (SPCT) officially launches. 

Now let’s see the recent performance of Cardano (ADA).

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Cardano (ADA) Continues To Trade Flat Around $0.30 Level

Cardano (ADA) was dealt a huge blow due to the SEC lawsuit against Binance and Coinbase and delistings from several US-based platforms. Still, Cardano (ADA) rebounded 37% since mid-June from $0.22 to $0.30.

Yet, the Cardano (ADA)token has flatlined around the latter level for three weeks, while Polygon (MATIC) and Polkadot (DOT) have trended higher.

Fortunately, Cardano’s (ADA) technical and on-chain analysis looks promising, giving hope for a potential breakout of the current ADA range.

By most predictions, $0.50 seems like the peak of Cardano (ADA) by 2024, a less optimistic potential gain than the other projects.

So, how does Polkadot (DOT) compare?

Polkadot (DOT) Looks To Recover After 11% Drop

After reaching a high of $5.63 at the start of July, Polkadot (DOT) fell 11% to $4.98. Aside from the broader correction in crypto, data revealed a decrease in Polkadot’s (DOT) social dominance and trading volume.

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Yet, Polkadot’s (DOT) metrics related to the number of developers, validators, and users remain consistent. Crypto.com, one of the largest crypto exchanges globally, has recently added Polkadot (DOT) for staking.

With all this in mind, $10 is the maximum 2024 prediction given by most experts for Polkadot (DOT). This represents about a 2x surge similar to Polygon (MATIC).

Overall, Polkadot (DOT) and Polygon (MATIC) appear the better bets in the near term than Cardano (ADA). Yet, VC Spectra (SPCT) shows the best potential among all three as it’s at the presale stage with a low price.

Learn more about the VC Spectra presale here:

Buy Presale: https://invest.vcspectra.io/login 

Website: https://vcspectra.io  

Telegram: https://t.me/VCSpectra 

Twitter: https://twitter.com/spectravcfund

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