Investors Regret Over Buying Polygon (MATIC)
Reports reveal that 90% of Polygon (MATIC) holders have sold their investments due to recent market volatility. The SEC labeling MATIC as a security has resulted in backlash and delisting announcements from several crypto exchanges. This has caused Polygon (MATIC) to face a severe crisis, with a negative market cap. Experts believe that a price recovery for Polygon (MATIC) is unlikely in August.
Maker (MKR) Shows Bullish Momentum
Venture capital firm Andreessen Horowitz (a16z) has made significant deposits of Maker (MKR) into Coinbase, signaling strategic investments or liquidity management. This has caused Maker (MKR) to experience a surge in price and market cap, suggesting a possible bullish trend. Buyers are gaining confidence and expecting further rise in Maker (MKR).
VC Spectra (SPCT) Is up by 37.5% In the Stage 2 Presale
VC Spectra (SPCT) is a decentralized trading and asset management protocol aiming to democratize access to the blockchain and technology industry. The SPCT token’s initial price rose by 37.5% in Stage 2 of its public presale and is predicted to jump by another 627% after the presale ends. Investors are rushing to buy VC Spectra for substantial gains and the prospect of a 10X increase upon its launch on exchanges.
Hot Take
Investors in Polygon (MATIC) are facing regret as the cryptocurrency continues to struggle after being labeled a security by the SEC. On the other hand, Maker (MKR) is showing bullish momentum, thanks to significant deposits by venture capital firm Andreessen Horowitz. VC Spectra (SPCT) is also attracting attention with its impressive price jump in the presale. Overall, the crypto market remains volatile, with opportunities for gains and losses.