Polygon investors shift focus to new crypto token
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Polygon (MATIC) continues to garner attention as it strikes critical partnerships. However, contrary to initial expectations, MATIC has been dropping, prompting investors to explore other options. In light of this, a new decentralized finance (defi) has surfaced, attracting investors.
X1 testnet launches, will MATIC rise?
OKX, the sixth-largest crypto exchange, has partnered with Polygon, a leading blockchain scaling platform, to develop layer-2 technology.
The collaboration aims to leverage Polygon’s expertise in zero-knowledge (zk) roll-up technology, which enables secure off-chain transactions.
X1 testnet launched on Nov. 14, aiming to enhance scalability and throughput.
OKX expects faster transaction speeds and reduced fees for its over 50 million users.
However, despite this milestone, MATIC fell 15% from $0.959 to $0.816 between Nov. 14 and Dec. 7. The token might fall to $0.771 by Dec. 30.
Although the focus on zkEVM layer-2 technology highlights the synergy between OKX and Polygon, the market’s response introduces an element of uncertainty.
VC Spectra can be an option for portfolio diversification
As Polygon shifts, VC Spectra (SPCT) appears firm, outperforming its competitors.
VC Spectra is now considered an option for investors seeking diversification.
VC Spectra is a newly launched decentralized hedge fund specializing in managing digital assets.
Its range of funds includes opportunities in crypto, which provides investors access to new startups, projects, and profit-sharing mechanisms.
SPCT adheres to the BRC-20 standard, has a fixed supply, and is deflationary.
Currently, in stage 5 of its presale, SPCT is available for $0.077, up 862.5% from $0.008 in stage 1. The project also presents bonuses for investors.
Some experts forecast the token to reach $0.080 once it lists.
To learn more about VC Spectra (SPCT) and its presale, visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.