Amid prevailing bearish sentiment across the crypto landscape, major cryptocurrencies continue to experience downward trends. While Polygon (MATIC) grapples with a lack of recovery despite a fresh partnership, Chainlink (LINK) charts an upward trajectory through its integration with Galaxis. As the public presale of VC Spectra (SPCT) enters Stage 3, offering alluring prospects for new investors, the question emerges: Who asserts dominance in this bear market? Let’s find out!
Polygon Labs, the blockchain entity driving MATIC, has forged a strategic partnership with South Korea’s mobile powerhouse, SK Telecom, on August 16, 2023. This collaborative effort by Polygon (MATIC) is set to foster the growth of Web3 ecosystems and scout for budding startups that hold potential for incubation.
However, the Polygon (MATIC) price is on a downward spiral despite recent upbeat news from Korea and strong performance in the NFT market.
As the bearish market sentiment persists, Polygon (MATIC) experienced a decline of 11% from its value of $0.62 on August 16 to $0.55 on August 28. This drop in the price of Polygon (MATIC) echoes the broader downtrend observed in the current market landscape.
Moreover, since reaching its peak of $1.56 on February 13 this year, the Polygon (MATIC) price has plummeted by a significant 64.7%, currently standing at just $0.55. A potential downward trajectory appears imminent for Polygon (MATIC) as the bearish trend continues.
Galaxis has joined forces with Chainlink (LINK) CCIP to introduce cross-chain interoperability, bridging Ethereum and Polygon mainnets. The partnership, announced by Chainlink (LINK) on August 22, 2023, aims at the development of cross-chain digital membership cards, fostering a smoother integration of token-gated community spaces within the expansive Web3 realm.
As many tokens grapple with resistance against an upward momentum, Chainlink (LINK) has swiftly ascended, marking a 3.93% surge in a mere 24-hour span. Surging from $6.10 on August 22 to $6.34 on August 23, this remarkable boost in the price of Chainlink (LINK) is attributed to a recent collaboration of Chainlink (LINK) and Galaxis. Yet, Chainlink (LINK) didn’t manage to uphold its momentum, dropping to $5.95 by August 28.
Still, due to recent developments, market analysts anticipate the value of Chainlink (LINK) to climb to $8.20 within the upcoming weeks.
Amidst the volatility of Chainlink (LINK) and Polygon (MATIC) prices during the bear market, VC Spectra (SPCT) emerges as the standout performer.
VC Spectra (SPCT), a decentralized investment management firm focusing on real-world utility, stands out with its potential for substantial profits by meticulously identifying top-notch investment opportunities. Leveraging advanced AI algorithms and a team of experts, VC Spectra (SPCT) adeptly navigates the market to secure optimal outcomes.
As a BRC-20 standard token, VC Spectra (SPCT) assumes a pivotal role, facilitating decentralized trading, asset management, and transaction fee settlements across the VC Spectra ecosystem. What differentiates SPCT from its competitors is its token’s resilience and performance within a challenging market environment.
Venturing into the public sphere after amassing an impressive $2.4 million during its private seed sale, VC Spectra (SPCT) launched Stage 1 of its public presale with an initial token price of $0.008. Progressing to Stage 3, SPCT now stands at $0.025, marking an extraordinary 212.5% surge from its Stage 1 value.
For incoming VC Spectra (SPCT) investors, a 32% profit is guaranteed as the token price approaches $0.033 in the imminent Stage 4. With a promising trajectory, new SPCT investors are poised to garner a substantial 220% profit by the public presale’s conclusion as the token value reaches $0.08.
Learn more about the VC Spectra presale here:
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