Polygon (MATIC) and Zcash (ZEC) have found themselves in double-digit drops since the beginning of the month amid market instability. Some of its investors have pivoted towards VC Spectra (SPCT), which promises to provide unmatched asset management returns.
VC Spectra is for those seeking stable alternative investments or the next big name in top DeFi projects. For now, let’s cover the latest Polygon MATIC news.
Summary
- New Manta blockchain to switch from Optimism to Polygon; MATIC to hit a minimum of $0.80 by next year.
- Zcash developers downplay concerns of centralization in mining hash rate; ZEC could be worth at least $40 by 2024.
- Handsome profits are expected with VC Spectra (SPCT), anticipated to hit a minimum of $0.080 likely by 2024.
New Manta Blockchain Ditches Optimism For Polygon (MATIC)
The latest Polygon MATIC news reaffirms the blockchain’s preference in Ethereum layer-2 networks over a major competitor, Optimism. Manta, a newly launched blockchain based on zero-knowledge (ZK) apps, will migrate from the OP Stack to Polygon (MATIC).
Developers cited Polygon’s (MATIC) Chain Development Kit as processing deposits and withdrawals more quickly. Another motivation was integrating with the Polygon (MATIC) zkEVM, the platform’s secondary ZK scaling solution compatible with the Ethereum Virtual Machine.
The envisioned ‘Polygon 2.0‘ has remained a feature in weekly Polygon MATIC news. This upgrade is set to introduce game-changing features, which include merging the zkEVM into one network. Ultimately, the 2.0 vision should be a key catalyst in future bullish Polygon MATIC price forecasts.
Currently trading at $0.52, conservative estimates indicate a minimum of $0.80 by 2024 and $1.20 by 2025 for Polygon (MATIC). Now, let’s peek at the latest developments for Zcash (ZEC).
Data Shows Single Mining Pool Controlling Over 53% Of Zcash’s (ZEC) Hash Rate
Records from MiningPoolStats revealed that a mining pool controlled over 53% of the hash rate for Zcash (ZEC). The entity in question is Viabtc, a well-known global mining pool that mines Bitcoin (BTC) and other top altcoins. Coinbase highlighted this centralization on Zcash (ZEC) with its ‘Security PSA’ report. Soon after, Zcash’s (ZEC) developers, Electric Coin Co. (ECC), addressed the concerns on X/Twitter.
ECC re-asserted that Zcash (ZEC) was fully decentralized with ‘no lead developer, no issuer and no org’ controlling it. Moreover, the developers explained the highlighted issue was due to a ‘lack of finality,’ which affects other proof-of-work chains.
Regardless, Zcash (ZEC) is down 12% since the start of October 2023, from $28.30 to $24.80. Most forecasts suggest a minimum of $40 by 2024 and $65 by 2025 for Zcash’s (ZEC) future prices.
Having briefly covered Polygon (MATIC) and Zcash (ZEC), let’s find out more about VC Spectra (SPCT).
Handsome Profits Await VC Spectra (SPCT) Investors
So, why is VC Spectra (SPCT) the best crypto to invest in now? This is a brand-new decentralized hedge fund and trading platform for emerging yet promising blockchain and tech startups. VC Spectra (SPCT) also provides more profiting opportunities with specialized managed funds in different crypto sectors.
The platform’s objectives include democratic, accessible, simpler, and highly profitable asset management. VC Spectra (SPCT) relies on smart contracts to remove unnecessary third parties while executing the necessary technical operations. This equals cost efficiency and allows users to have custody over their assets.
VC Spectra (SPCT) has a multi-layered approach to consistently generating top returns. It begins with a strict selection process from its expert team for each funded project. Moreover, the service will maximize gains while minimizing risks with several ultra-modern strategies and machine learning algorithms.
Investors on VC Spectra earn via quarterly dividends paid with the platform’s utility token, SPCT. Holders of SPCT also get exclusive benefits like voting rights and access to discounted pre-ICOs.
You can acquire SPCT in Stage 4 of VC Spectra’s in-demand presale for $0.055, set to jump by 45% to $0.080 in the last presale stage. Yet, given the massive demand VC Spectra (SPCT) has already generated, this forecast may be conservative.
Learn more about the VC Spectra presale here:
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 and Zcash (ZEC) aim to recover from double-digit drops, VC Spectra (SPCT) is proving a top crypto to buy. Get the details here.){kind=link}