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The 2023 crypto market has been full of pleasant surprises, especially from tokens like PEPE. Now, investors are looking to stay profitable in the final quarter of the year. These investors say Pepe (PEPE) and Polygon (MATIC) will perform well but will be outdone by VC Spectra (SPCT). Should these predictions be taken seriously? Let’s find out.
Summary
PEPE Starts An Impressive Rally After Interest Rate Hike
PEPE has continued its recent bearishness in August. It was trading at $0.000001325 on July 25. By August 1, PEPE had fallen by 7.6% to $0.000001224. It fell by another 7.1% to $0.000001136 on August 5. PEPE’s bearish momentum continued, pulling it down further by 4.3% to $0.000001087 on August 7.
PEPE’s continued drop came amidst the announcement of interest rate hikes. Some investors believe the hike in interest rates led to a reduction in trading activity on PEPE.
However, by August 9, PEPE had risen by 14% to $0.000001242. There are bullish predictions that PEPE will rise by 20% to $0.000001493 due to an expected bullish rise in the crypto market.
Others expect PEPE to fall by 17% to $0.000001029 due to competition from newer meme coins.
NFT Metrics Drop Cited as Part of the Reasons for Polygon’s (MATIC) Drop
Many investors are surprised by Polygon’s (MATIC) continued drop since mid-July. Polygon (MATIC) was trading at $0.87 on July 14. It fell by 16% to $0.73 on July 18. Polygon (MATIC) remained in that range until July 28, when it fell by 4.1% to $0.70. The bearish momentum continued, dropping Polygon (MATIC) by 5.7% to $0.66 on August 4.
Many investors have pointed out Polygon’s (MATIC) declining network activity as part of the reasons for its decline. One of its most noticeable declines is the drop in its NFT activity.
As of August 9, Polygon (MATIC) has risen to $0.69. As a result, bulls say Polygon (MATIC) will rise by 40% to $0.97 when its network activity rises again. On the other hand, bearish investors say competition from Solana and Ethereum will force Polygon (MATIC) down by 24% to $0.52.
VC Spectra (SPCT); Creating the Perfect Environment for Blockchain Investors
The blockchain industry is one of the most attractive investment destinations in the world. Despite its volatility, the crypto industry is one of the fastest-growing financial sectors. To capitalize on this growth, investors need a perfect environment that offers all the investment tools, strategies, and risk management techniques.
VC Spectra (SPCT) is that perfect environment. Launched on Bitcoin, VC Spectra (SPCT) is an investment fund and a trading powerhouse. It helps investors find profitable opportunities in the blockchain sector. It also gives them the required tools to make direct investments.
VC Spectra’s (SPCT) hedge funds cater to various sectors of the crypto industry. Investors can choose from high-growth sectors, startups, and emerging businesses with high potential. Users can also invest in short-term interest-earning opportunities like crypto lending and yield farming.
VC Spectra (SPCT) rewards users with dividends, buybacks, voting rights, and special access to exclusive investment opportunities. VC Spectra’s (SPCT) token is available for purchase on Bitcoin and Ethereum. It’s in stage 2 of its presale, costing $0.011. By the end of its presale, VC Spectra (SPCT) is expected to rise by 627% to $0.08.
Learn more about the VC Spectra (SPCT) presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io  Â
Telegram: https://t.me/VCSpectra Â
Twitter: https://twitter.com/spectravcfund
*This article was paid for Cryptonomist did not write the article or test the platform.
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