Could the Twitter vs. Facebook lawsuit impact Dogecoin (DOGE) price? Will VC Spectra and Polygon maintain their momentum?
The Twitter vs. Facebook lawsuit has the potential to impact the crypto market, particularly Dogecoin (DOGE). Twitter has launched a lawsuit against Facebook’s “Threads” app, claiming that it is a rip-off of Twitter’s ideology. If Twitter wins the case, it could bring attention to Elon Musk and, by extension, Dogecoin, potentially leading to a bull run. On the other hand, if Twitter loses and Facebook (now Meta) comes out on top, Dogecoin may still gain popularity due to Elon Musk’s involvement.
Meanwhile, VC Spectra (SPCT) has raised $2.4 million in a private presale. Unlike Dogecoin, SPCT focuses on building a market rather than relying on public influencers. It aims to introduce a safe asset management blockchain and provides exclusive voting rights to its investors. The public presale for SPCT is ongoing, with a planned 900% surge in price by the end of all public presales.
Polygon (MATIC) has shown bullish momentum, starting the week in the green and reaching a high of $0.72. However, it is facing resistance at $0.70, and a large sell order could push it down to support levels around $0.66. The RSI indicator for Polygon is neutral, suggesting limited ups and downs. Amidst this, investors are exploring the potential of SPCT.
Overall, the outcome of the Twitter vs. Facebook lawsuit can affect the crypto market, including Dogecoin. At the same time, VC Spectra is gaining strong support with its presale, and Polygon is experiencing bullish patterns. Investors will be keeping a close eye on these developments in the coming days.
About The Author
