Category Archives: Polygon

Polygon Price Risks Plunge With 90 Million MATIC Tokens Selling At $0.5

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broader crypto market. Polygon Faces Significant Selling Pressure The Exchange-Onchain Market Depth indicator on the market intelligence platform IntoTheBlock shows that Polygon is currently facing significant selling pressure. Over 90 million tokens were sold after the coin hit $0.5. This indicator tracks the order books of the top 20 exchanges and shows the average price… Continue reading Polygon Price Risks Plunge With 90 Million MATIC Tokens Selling At $0.5→

Polygon Ecosystem On Fire: Daily Active Addresses And Transactions Soar, MATIC Gains 5%

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Layer 2 scaling solution Polygon has maintained strong network activity even as the broader cryptocurrency market and its native token, MATIC, experienced a downturn in the second quarter of 2024, according to a new report from market intelligence platform Messari. Polygon Weathers Crypto Market Downturn While MATIC saw a 44.3% drop in its circulating market… Continue reading Polygon Ecosystem On Fire: Daily Active Addresses And Transactions Soar, MATIC Gains 5%→

Crypto Analyst Reveals Trigger For 17% Polygon (MATIC) Rally

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An analyst has explained how Polygon could see a rally of around 17% if the cryptocurrency’s price breaks above this level. Parallel Channel May Reveal What Could Be Next For Polygon In a parallel channel” here refers to a technical analysis (TA) pattern that’s drawn using two parallel trendlines. This pattern’s upper line joins successive… Continue reading Crypto Analyst Reveals Trigger For 17% Polygon (MATIC) Rally→