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Polygon To Launch a New POL Token, Cardano Surges in Double Digits, VC Spectra Records 37.5% ROI

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Polygon (MATIC) plans to implement a universal token for all Polygon networks. Meanwhile, Cardano (ADA) is surging beyond its resistance levels and quickly gaining impressive numbers. On the other hand, VC Spectra (SPCT) is toe-to-toe with competition and rises 37.5% in the Stage 2 public presale. VC Spectra (SPCT) also raised $2.4 million in private presale events.

Will Polygon (MATIC) and Cardano (ADA) be able to match VC Spectra (SPCT) in their growth? Here’s the answer.


Polygon (MATIC) Introduces POL: How Will It Affect The Blockchain?

Polygon (MATIC) has announced plans to change its MATIC token to POL. This would allow Polygon (MATIC) to use a single token across all the Polygon (MATIC) blockchains that use their network.

These networks include the main Polygon (MATIC) blockchainPolygon zkEVM, and many other supernets built on the Polygon Blockchain. Once the proposal to change Polygon (MATIC) to POL is accepted, validators on all these networks can use POL to support multi-chain operations.

How will it affect the users? Apart from Polygon (MATIC) holders having to upgrade their MATIC tokens to POL, the upgrade will not negatively affect their usability but enhance it. All Polygon (MATIC) holders will be given four years to upgrade their holdings using the upgrade smart contract.

Once MATIC is sent to this upgrade contract, it will automatically send back an equivalent amount of POL tokens. Ultimately, this would mean a big thing for Polygon (MATIC) as the token will combine multiple aspects to become a super chain, and hence, analysts predict a surge in POL’s value post-upgrade.

Cardano (ADA) Rising High: How Long Can It Keep Up?

Cardano (ADA) rose to its monthly high of $0.3659 on July 13 after the verdict for XRP vs. SEC case was announced. The monthly high on July 13 marked a 43% increase for Cardano (ADA) from its monthly low of $0.2551 on June 20.

Cardano (ADA) underwent a colossal price rally in double digits. A surge of buyers followed this as the crypto market turned to overall “greed” in indexes, which resulted in the token being overbought.

Additionally, Cardano (ADA) faces increased capitalization and sell positions, hurting its momentum. Analysts predict a downtrend to come sooner than expected for Cardano (ADA) if things continue.

RSI indicators also indicate that Cardano (ADA) is overbought and losing its higher highs on July 14. Significant support is still far away from halting this downfall on July 14, and Cardano (ADA) may see a further drop to $0.30 regions in the next few weeks.

VC Spectra (SPCT): A 37.5% Surge Just Around The Corner

VC Spectra (SPCT) is quickly growing as a new asset management blockchain. VC Spectra (SPCT) offers safe investments in ICOs and other startups all over the blockchain. Venture capitalists and risk managers safeguard the investments.

Furthermore, investors can invest in the VC Spectra (SPCT) fund for additional rewards and profits. VC Spectra (SPCT) involves all its investors in the proceedings of its blockchain with a decentralized investment management system. This system allows investors to control their involvement in the blockchain and exercise authority over their investments.

Moving forward, VC Spectra (SPCT) raised more than $2.4 million in its private presale events. Users can directly purchase VC Spectra (SPCT) tokens in the currently ongoing public presale stages.

Stage 1 of the presale sold over 125 million tokens at $0.008 but Stage 2 will raise this price by 37.5% to $0.011. This trend will continue in consecutive stages until the target price of $0.08 for VC Spectra (SPCT). The $0.08 price will mark a launch on major exchanges and a 900% surge for investors.

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