Polygon (MATIC) has been predicted to fall below $1 as the 2023 winds down. Meanwhile, there is another cryptocurrency that investors can use to make up for their Polygon (MATIC) losses.
This project has consistently experienced price increases and exciting new developments throughout the year. Let’s find out which crypto this is and why it can be the best crypto to invest in in place of Polygon (MATIC).
>>BUY SPCT TOKENS NOW<<
Summary
- Polygon (MATIC) is falling behind despite the upgrade.
- VC Spectra (SPCT) offers a comprehensive investment experience.
Polygon (MATIC) Is Set To Miss $1 Target This Year
Based on the Polygon MATIC price prediction for the end of the year, the token is set to end the year at $0.95. The current Polygon MATIC price is $0.65, and despite the ongoing rally, the token might not reach $1.
However, $1 is not a new price for MATIC. The highest-ever Polygon MATIC price is $2.92, recorded in December 2021. Also, this year, Polygon MATIC price has reached $1.56.
But, after reaching $1.56, MATIC has experienced a steady price decrease punctuated by a few increases. This steady price decrease has been caused by reducing network activity, illustrated by the decreasing number of new addresses created.
In mid-May 2023, the Polygon network recorded 417 new addresses created. This is the lowest number of new addresses created since January 2021. The numbers have remained abysmal throughout the year, largely remaining within 400 – 800 new addresses created per day. These numbers have led to sell-offs as investors have been trying to cut their losses.
However, there might be a light at the end of the tunnel for the Polygon (MATIC) faithful. The blockchain has been undergoing fundamental changes for most of Q3 and into Q4.
The blockchain is upgrading to what has been called Polygon 2.0. This upgrade has been touted to improve scalability, security, and speed. The upgrade includes making POL the blockchain’s native token.
The upgrade is already underway, and the Polygon community will start reaping the benefits from 2024.
VC Spectra’s (SPCT) Features And Presale Take The World By Storm
VC Spectra (SPCT) is the cryptocurrency that could help Polygon investors cover their losses in 2023. It is a decentralized hedge fund that provides the best blockchain investment experience. VC Spectra (SPCT) investors can invest in promising blockchain ventures, high-growth potential startups, and arbitrage trading. They can also stake their tokens.
Also, VC Spectra (SPCT) leverages AI to pick the most viable blockchain ventures and the most profitable trades. This choice is then backed up by the best trading strategies and a long-term and sustainable investment approach to ensure maximum profit.
These investment options showcase VC Spectra’s (SPCT) potential to be one of the top DeFi coins in the future. This is why VC Spectra (SPCT) raised $2.4 million during its private seed sale.
Furthermore, early investors in VC Spectra (SPCT) have massively grown the value of their portfolios. They have made huge profits during the VC Spectra’s (SPCT) public presale. The price of SPCT, VC Spectra’s native and governance token, has soared by 587.5% so far. Polygon investors who joined the train early have also covered their losses.
However, there are still price increases ahead for those who are late to the party. SPCT will still increase to at least $0.080 when the presale ends. This represents a 45.5% increase above the current price of $0.055.
The key to accessing all these goodies is purchasing SPCT. Token holders enjoy exclusive access to pre-ICOs, quarterly dividends and buybacks, and voting rights.
VC Spectra (SPCT) offers a comprehensive investment package, and it is no wonder investors think it is the best cryptocurrency to invest in.
To learn more about VC Spectra (SPCT), visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Source: https://www.analyticsinsight.net/investment-option-to-consider-as-polygon-matic-projected-to-miss-the-1-mark-in-2023/