The BNB coin price registered a sharp rally on the heels of a significant partnership with Backed before falling unhindered into a slump. Likewise, the Polygon MATIC price took a short breather from the bear’s hold and proceeded downward. As a result, market participants are pivoting towards VC Spectra (SPCT), seeing it has so far lived up to its potential as the best cryptocurrency with a high ROI projection.
New Partnership Doesn’t Help The BNB Price
Backed Finance reported a strategic adoption of the Binance BNB chain on August 29. According to the memo, Backed is launching its native tokens on the BNB mainnet. The launch will enhance the publicity of its products to the broader market and offer users access to a blockchain that satisfies their needs.
Following the report, the BNB coin price witnessed a 2.1% growth from $218.72 to $223.23 on August 29. However, the legal tussle between Binance and the Security and Exchange Commission (SEC) soon pushed the BNB coin price down. BNB lost 4.6% of its market value as a result, with the coin valued at $212.86 as of September 1.
Per the BNB price prediction of market experts, a bearish outlook is still in play. Specifically, analysts project a potential decline in the BNB coin price to the $202 level come November.
Polygon (MATIC) Pumps But Fails To Retain Its Gains
Polygon (MATIC) paused a six-month downtrend after an appeal court overturned the decision of the SEC to decline Grayscale’s application for a Bitcoin ETF. The Polygon MATIC price action occurred on August 29, the same day the court ruled.
The genesis of the Grayscale versus SEC legal battle can be traced back to 2022 when the crypto investment firm requested to publicize its Bitcoin ETF.
Following the win, the Polygon MATIC price faced upward, registering a 5.5% increase in value. This upturn saw the Polygon MATIC price go from $0.562 to $0.593 on August 29.
Nevertheless, the Polygon MATIC bulls could not hold the reins for long as the bears soon stole the show. The intervention of the bears saw the Polygon MATIC price plummet to $0.537 on September 1, marking a 9.4% drop.
Notwithstanding, the Polygon price prediction by experts indicates a potential recovery of MATIC to $0.600 on September 11. According to market experts, accepting the Bitcoin ETF will benefit the Polygon (MATIC) ecosystem in the long run.
VC Spectra (SPCT) Wins Investors Over With Growth Projections
While the broader market oscillates between losses and gains, VC Spectra holds its ground with its striking performance. VC Spectra (SPCT) has become a hub for investors looking to grow their investment portfolio with unparalleled security measures.
VC Spectra (SPCT) is a growing decentralized investment platform with a mission to scale up blockchain investment. Adopting VC Spectra (SPCT) creates access to various investment options, including new ICOs. In addition, users are vested with voting rights, which they exercise within the ecosystem.
VC Spectra (SPCT) runs on the BRC-20 layer on the Bitcoin blockchain. As a result, it possesses a deflationary mechanism that ensures the incineration of VC Spectra tokens to create scarcity in the long run.
Still, in its presale Stage, VC Spectra (SPCT) investors have amassed massive ROIs from their investments and are looking to garner more. Stage 1 investors realized 212.5% profit, while Stage 2 investors made 127.27%.
Having entered Stage 3 at $0.025, VC Spectra (SPCT) has a 32% growth potential to $0.033 in Stage 4. At the climax of the presale cycle, investors are primed to gain 220% returns on their investment. These figures portray VC Spectra (SPCT) as the best crypto to buy in a bear market cycle.
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
