As the crypto market heats up, investors are looking for the best cryptos to invest in and turn even $100 into a sizable fortune. Polygon (MATIC) handled six million transactions on November 16, and on the same day, CoinUp announced that it was launching USDT perpetual contracts for ORDI (ORDI). Will these assets and VC Spectra (SPCT), a new crypto that raised $2.4 million during its private seed sale, prove to be a game changer?
Are MATIC, SPCT, and ORDI the best coins to invest in now?
- Experts expect MATIC to reach $2 in Q2 2024.
- A $100 invested in Stage 1 can turn into $1,000 at the end of SPCT’s presale.
- ORDI pumped 652% in one month.
Polygon (MATIC) saw a spike in network activity and gas fees. Sandeep Nailwal, the founder of Polygon (MATIC), posted on X on November 16, highlighting that Polygon had processed 6 million transactions in the previous 24 hours and caused a spike in gas fees. The Polygon network ended up burning more than 1 million MATIC tokens.
<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>What is going on on <a href=”https://twitter.com/0xPolygon?ref_src=twsrc%5Etfw”>@0xPolygon</a> POS chain? 6m transactions in last 24 hrs. 170 TPS on average. 1mn+ MATIC burnt by the protocol. The chain worked smoothly, gas fees went crazy though but no reorgs or 0 blocks etc.<br><br>I hear there is some game Baby Shark Launching, could that be the…</p>— Sandeep Nailwal | sandeep. polygon 💜 (@sandeepnailwal) <a href=”https://twitter.com/sandeepnailwal/status/1725202988451483979?ref_src=twsrc%5Etfw”>November 16, 2023</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>
Despite the Polygon MATIC news, MATIC slid 7.3% after its price decreased from $0.9294 on November 16 to $0.8613 on November 17. The drop masks Polygon’s (MATIC) 62% increase in the last 30 days. Polygon’s (MATIC) price drop coincided with a dip in the wider crypto market.
Analysts have given an optimistic MATIC price prediction because they believe that Polygon is a good crypto to buy. MATIC is projected to reach $2 in Q2 2024. If Polygon can maintain this network activity, investors could easily use it to turn $100 into sizable holdings.
VC Spectra (SPCT) is a decentralized hedge fund, asset management protocol, and trading platform that invests in promising blockchain projects. Some of VC Spectra’s (SPCT) benefits and advantages are efficiency, cost-effectiveness, accessibility, and democracy.
VC Spectra (SPCT) employs several trading strategies to execute profitable trades for SPCT holders. Additionally, VC Spectra (SPCT) grants SPCT holders several perks, including quarterly dividend payouts and access to new ICOs to make profitable trades.
VC Spectra (SPCT) has impressed investors during its presale, which has surged to $0.066 in Stage 4, up from $0.008 in Stage 1. Early VC Spectra (SPCT) investors have already earned a 725% profit during the presale.
VC Spectra (SPCT) cements its position as the best crypto investment because a $100 invested at the start of SPCT’s presale will turn into $1,000 when the presale ends in Stage 6 at a forecasted price of $0.08.
CoinUp announced on November 16 that it will list the USD perpetual contracts for ORDI with up to 50x leverage. The listing comes as ORDI’s demand and trading volume increase. ORDI is down 9% after its price dropped from $26.47 on November 16 to $24.11 on November 17.
On a longer time frame, ORDI has been a big performer in the past 30 days, surging more than 650%. ORDI is only 14% away from its all-time high of $29.16, reached on May 8, 2023. If ORDI can break this record, analysts predict it will continue rising.
Analysts claim this correction is part of a healthy upward trend and is normal even with the best cryptos to buy. After a big surge though, investors and traders should be cautious and buy ORDI when a bigger dip comes along.
Learn more about the VC Spectra presale here:
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