The crypto market has witnessed volatility over the past few weeks, but according to market experts, things could change as the last quarter of the year draws near. Recent predictions suggest that Polygon (MATIC) and MoonTaurus (MNTR) are primed for rallies in Q4. MATIC is expected to see a modest gain of 13%, while MNTR could skyrocket by 2200%, ending the year above $1.
Polygon (MATIC) No Longer a Security, Ready to Soar
Polygon has weathered tough times since the U.S. Securities and Exchange Commission (SEC) labeled MATIC a security in November 2023, along with other cryptocurrencies including BNB and SOL. The asset has been on a downward trend, shedding 48.36% year-to-date. However, on July 30, the SEC reversed course and withdrew its request for a court ruling to classify these tokens, including MATIC, as securities. This regulatory change has sparked renewed investor confidence, with analysts optimistic Polygon could resume its climb.
Despite the positive news, the cryptocurrency's market sentiment remains neutral. Its current price is $0.51, with a slight gain of 0.08% in the last 24 hours and a trading volume of $477.91 million. MATIC is down 4.38% over the last week and 8.98% over the last month. It ranks as the 27th largest cryptocurrency, with a market cap of $4.74 billion.
Despite this lack of responsiveness, analysts remain optimistic, citing a wider market rally expected in the last quarter of the year. Without the SEC holding the asset down anymore, analysts argue that MATIC will soon resume its rally, with a 13% uptick expected before the end of the year.
MoonTaurus (MNTR) to Skyrocket 2200% Post-Launch
While Polygon gears up for a 13% bull move, the newly launched meme coin MoonTaurus is predicted to skyrocket by 2200% after its presale, driving its value above $1. MNTR is in the first phase of its 10-phase presale, with an initial price of $0.005. The presale is structured to increase in value progressively as demand grows, with the second phase set to double to $0.01. By the time MNTR officially launches at $0.07, early investors could see returns of up to 14x. This presale strategy is designed to maximize gains for early supporters and build strong momentum leading up to the launch.
The MoonTaurus team has launched a strong marketing campaign to ensure the project's maximum market penetration. Communities have proven to be critical in shaping the success of meme coins, and the MoonTaurus team acknowledges this by allocating 30% of its 3 billion token supply to marketing initiatives. They plan to soon onboard artists and influencers to further boost the project's visibility.
The community's strength and enthusiasm are expected to drive increased adoption, trading volume, and, ultimately, market capitalization. The team's goal is to achieve a $1 billion market cap, placing MoonTaurus among the market leaders.
The MoonTaurus presale has drawn interest from both retail and whale investors. These investors include deep-pocketed insiders who were early adopters of Shiba Inu, one of the best-performing meme coins during the 2021 bull run. They may be hoping to replicate or even outperform their previous success by investing early in MoonTaurus. The potential for high returns, including a 2200% jump by post-launch, has drawn them in, highlighting the strong interest and confidence in this new meme coin.
The last quarter of the year is expected to ignite a market-wide rally in crypto, with analysts pointing to two altcoins that stand to benefit. Polygon (MATIC) is predicted to see a modest 13% jump, while the new meme coin MoonTaurus (MNTR) is expected to soar by 2200%. MATIC will ride the broader market rally, boosted by the SEC's recent decision to not classify it as a security. Meanwhile, MNTR will capitalize on its strong presale momentum. The presale is already 50% complete in its first phase, having raised over $150,000 in just a few days. Investing now, before phase 2 begins, positions investors for at least 1400% returns at launch, so act fast to secure your spot.
Website: https://moontaurus.com/Linktree: https://linktr.ee/moontaurus
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