New DeFi Projects Impacting the Market
The cryptocurrency market is abuzz with the emergence of new DeFi projects, attracting a growing number of investors. VC Spectra (SPCT), in particular, has been gaining attention with significant price surges. This surge has had a notable impact on well-established coins such as Cardano (ADA) and Polygon (MATIC), as investors redirect their focus towards VC Spectra (SPCT).
Why VC Spectra (SPCT) Over Cardano (ADA) and Polygon (MATIC)?
VC Spectra (SPCT) has been successful in attracting investors, thanks to its impressive public presale gains. Serving as a decentralized hedge fund, VC Spectra (SPCT) allows investors to acquire stakes in lucrative tech and blockchain companies. The platform utilizes AI for selecting optimal investment opportunities and maintains a team of finance professionals to manage risks and ensure profitability.
As a decentralized asset management platform, VC Spectra (SPCT) offers a native digital coin, SPCT, which is currently available in an ongoing public presale. SPCT token holders enjoy trading and exchanging on the Spectra platform, along with voting rights, quarterly dividends, profit buybacks, and access to new ICOs.
The current stage of the VC Spectra (SPCT) public presale is the fourth, with tokens available for purchase at $0.066, marking a significant gain from the initial stage’s $0.008. Price projections indicate a final presale stage price of $0.08, with recent surges suggesting potential surpassing of initial targets. Investors in this stage are anticipated to receive a substantial bonus on their investment.
The notable gains of VC Spectra (SPCT) have led to a trend where investors are eagerly buying it and shifting away from other coins like Cardano (ADA) and Polygon (MATIC).
Can Cardano (ADA) Recover Investor Appeal?
Cardano (ADA) experienced a 52% gain in Q4, moving from $0.25 to $0.38 between October 1 and November 12. However, market analysis on November 13 suggested a pause in the Cardano (ADA) uptrend, leading to a decline in appeal. The price fell to $0.36, with sellers capitalizing on the concluded rally. The relative strength index (RSI) shows a bearish divergence, indicating a potential short-term price decrease before another rally.
Investors, reacting to this short-term bearishness, have been diverting their funds from Cardano (ADA) to the promising VC Spectra (SPCT). Cardano price predictions hint at a potential fall to $0.32 before a subsequent rise.
Polygon (MATIC) Sees Price Rise Amid Increased Investor Activity
Polygon (MATIC) witnessed a resurgence in Q4, recovering from a steep downtrend in Q3. In September, as investors shifted from Polygon (MATIC) to VC Spectra (SPCT), the price dropped 4% from $0.54 to $0.52. In Q4, Polygon (MATIC) gained 75%, rising from $0.53 to $0.93 on November 13. A 27% increase from $0.73 to $0.93 between November 7 and 13 was attributed to a 3,800% surge in whale activity.
Market experts suggest that Polygon (MATIC) remains bullish, with the RSI indicating an overbought zone and retaining bullishness. Analysts predict Polygon’s price may surpass $1 before the year’s end.