Several cryptocurrencies have been highly volatile for the past few weeks. Bitcoin Cash (BCH) has been experiencing a bearish momentum lately. As a result, investors are on the lookout for other profitable projects. Many have started pulling out funds from Bitcoin Cash (BCH) towards much more viable options like VC Spectra (SPCT) and Polygon (MATIC). Let’s explore what makes SPCT and MATIC the better choice for investors.
Bitcoin Cash (BCH) Experiences Decline
The month of June had been a month of bullish activities for Bitcoin Cash (BCH) as investors turned to its protocol after the United States Securities and Exchange Commission (SEC) listed various projects as ‘securities.’ This action saw Bitcoin Cash (BCH) surge 204.80%, from $106.90 to $329.00 in June 2023.
As of early July, Bitcoin Cash’s (BCH) price surge began rallying down from its all-time high of $329 in June 2023. The price of Bitcoin Cash (BCH) consolidated from $329.00 to $253.90 within the last two weeks. This price decline can be attributed to the selling pressure Bitcoin Cash (BCH) holders have placed on the altcoin.
The victory of Ripple (XRP) over the SEC lawsuit saw investors shift attention from Bitcoin Cash’s (BCH) Proof of Work (PoW) algorithm back to Proof of Stake (PoS) projects like Polygon (MATIC). The outcome was investors sold off part of their Bitcoin Cash (BCH) holdings and fixed attention on projects with good yields.
Currently, Bitcoin Cash (BCH) is trading at $243.80, a 3.98% decline from last week. Based on its current movement, the future of Bitcoin Cash (BCH) does not look promising.
VC Spectra (SPCT) Gaining Attention as Presale Reaches Stage 2
As Bitcoin Cash (BCH) experiences a decline, investors have been moving their attention to more profitable ventures, especially those in presale like VC Spectra (SPCT). Since it commenced its public presale, VC Spectra has been gaining market attention due to its strategic investments in ICOs and tech-based startups.
VC Spectra (SPCT) also rewards Investors with dividends and buybacks from profits made on the platform. Thanks to well-versed investment specialists, smart contracts, and innovative trading tactics, VC Spectra offers a system that delivers outstanding returns in the multibillion-dollar blockchain and technology industries.
Rapidly gaining relevance in the Ecosystem, VC Spectra (SPCT) is proving to become a much more profitable platform compared to other competitors. VC Spectra (SPCT) presale is live and is currently at Stage 2 with the price of $0.011, a 37.5% increase from the Stage 1 price of $0.008.
VC Spectra’s (SPCT) presale price won’t stop increasing here. The forecast shows that by the end of its presale VC Spectra (SPCT) will make a total 900% price surge from its initial price of $0.008. Those who invest now can reap rewards worth 627%!
Polygon (MATIC) Introduces New Governance Model
Polygon has been trending in the crypto space lately. The altcoin coin recently announced its new governance model, which aims to provide more decentralized control over its ecosystem.
Due to this, Polygon (MATIC) has attracted preponderate recognition and relevance across the blockchain industry. With all its innovations, investors have reconsidered Polygon (MATIC).
Prior to this, Polygon’s (MATIC) price has been struggling since it dumped from $0.89 on July 13 to $0.72 on July 18. But since the announcement of its new governance token on July 19, Polygon’s (MATIC) price has gone up by 6.94%, currently trading at $0.77.
Based on technical analysis, the current forecast predicts that the price of Polygon (MATIC) will surge by 15.58% and get to $0.89 in August 2023.
To learn more about VC Spectra (SPCT) and its presale, visit:
Buy Presale: https://invest.vcspectra.io/login