• Maker (MKR) and Fantom (FTM) have experienced a downward trend for some time, but recent developments may indicate an upcoming upswing.
• VC Spectra’s (SPCT) token saw a 212.5% price surge in the end of its presale.
• Maker’s (MKR) DAO has increased the Dai Savings Rate (DSR), while Fantom (FTM) is exploring Ethereum liquidity technology which could boost its performance and price.
Maker (MKR) & Fantom (FTM): Potential Price Upturn
Maker (MKR) and Fantom (FTM) have been on a downtrend for some time now, but recent developments point to an impending price upswing. On top of that, VC Spectra’s (SPCT) token saw an impressive 212.5% increase at the end of its presale, leading to much buzz in the crypto space.
Maker’s DAO Boosting Dai Savings Rate
The Maker DAO has recently taken steps to motivate more holders of Dai to place their tokens within Maker’s protocol and generate interest, by increasing the maximum Dai Savings Rate from 3.19% to 8%. This resulted in a market capitalization surge of over $570 million since August 6th and caused MKR’s own token to rise 4%, reaching $1,270 before experiencing a drop down to $1,199.90 as of August 16th. Experts predict that this increase will be beneficial for MKR prices long-term, with predictions showing it reaching $1,234 by September 25th.
Fantom Exploring Ethereum Linkage
Fantom has seen a continuous decline since May 2023 after dropping below the $0.4 mark; however it may be headed towards recovery soon due to Andre Cronje’s announcement that they are actively exploring linking their blockchain with Ethereum using Layer 2 technology – allowing them access to greater liquidity within Ethereum’s ecosystem potentially boosting performance and prices alike . If these plans come through , projections show FTM reaching $0.423 by September 13th 2023 .
Time To Invest?
Given these recent developments surrounding MKR and FTM , investors should be aware that there is potential for long-term growth despite short-term drops in prices . However , one should always exercise caution when investing in cryptocurrencies due to volatile markets . That being said , investors who believe in these projects may find now as an opportune time to invest before prices start climbing again .
>BUY SPCT TOKENS NOW<<
For those looking for quick gains , VC Spectra’s SPCT tokens saw an impressive 900% end-of-presale gain – making it all the buzz right now . Despite the fact that MKR and FTM have potential for increases in value , investors should take into consideration SPCT ‘ s incredible success when deciding where to put their money .