Tag Archives: Polygon

Polygon Soars 16.6% As Binance Completes MATIC To POL Transition

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The Polygon Network recently underwent a technical upgrade to migrate their native token from MATIC to POL. Following the migration, the new token’s price struggled to gain momentum, failing to reclaim the $0.39 resistance level. However, Binance’s recent listing of POL has pumped its price above key levels. Binance Completes Polygon Token Migration On Friday… Continue reading Polygon Soars 16.6% As Binance Completes MATIC To POL Transition→

Polygon Processes Over $214 Billion In DEX Volume As Adoption Explodes, Why Is POL Struggling?

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Polygon, the Ethereum sidechain, recently upgraded, kickstarting their migration into a new era of scaling as highlighted by their Polygon 2.0 mission. Even though POL prices are still struggling, on-chain data points to a robust ecosystem that could support prices in the medium to long term. Over $214 Billion In DEX Volume Processed Via Polygon… Continue reading Polygon Processes Over $214 Billion In DEX Volume As Adoption Explodes, Why Is POL Struggling?→

Investors Lose Sight Of MATIC As It Drops 16% Ahead Of Network Upgrade

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MATIC suffers another string of losses as the broader market pullback forces the bulls to the defensive. According to CoinGecko, the Polygon Network native coin has bled 16% more since last week as the bears reverse gains made back in August. This move occurred despite Polygon Network’s upcoming upgrade that switches MATIC to POL, improving… Continue reading Investors Lose Sight Of MATIC As It Drops 16% Ahead Of Network Upgrade→

Polygon On-Chain Activity Lights Up: MATIC Reversal Incoming?

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On-chain data shows that some activity metrics related to Polygon have surged recently, which could be positive for the asset’s price. Polygon Active Addresses & Age Consumed Have Spiked Recently In a new Daily Active Addresses,” which tracks the total number of addresses participating in some kind of transaction activity on the network every day. The… Continue reading Polygon On-Chain Activity Lights Up: MATIC Reversal Incoming?→

MATIC: Market Dip Translates To 18% Losses Despite Network Upgrade – Details

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Although the market downturn has somewhat slowed, the effects are still amplified within the altcoin market. MATIC, Polygon’s native token, has suffered greatly from the recent bearish market sentiment that spread within the past couple of days.  According to CoinGecko, MATIC has fallen 18% since last week, marking a big slash on the token’s upward… Continue reading MATIC: Market Dip Translates To 18% Losses Despite Network Upgrade – Details→

Polygon (MATIC) Breakout Could Propel Price To $1 In Days: Crypto Analyst

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Polygon (MATIC) stands as one of the top performers in today’s crypto market, ranking third among the top-100 cryptocurrencies by market cap as of August 21. With a gain of 9% within the last 24 hours, the MATIC price recent surge is outpaced only by the Justin Sun associated crypto assets, TRON (+12%) and BitTorrent… Continue reading Polygon (MATIC) Breakout Could Propel Price To $1 In Days: Crypto Analyst→

Market Eyes 85% Increase In MATIC Price After $13 Million Transaction, Upgrade

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Polygon (MATIC) is setting up perhaps for a significant surge. MATIC currently trades 13% below its projected value for the next month; the crypto space is abuzz over this undervaluation. Investors view such a slide as a good buying opportunity. With a possible increase of 470% in just the next three months, the short-term predictions… Continue reading Market Eyes 85% Increase In MATIC Price After $13 Million Transaction, Upgrade→

MATIC Price (Polygon) Sets Sights Higher: Can It Gain Bullish Momentum?

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MATIC price is showing positive signs from the $0.3920 zone. Polygon is rising and might gain bullish momentum above the $0.4220 resistance. MATIC price started a fresh increase above the $0.410 level against the US dollar. The price is trading above $0.4120 and the 100-hour simple moving average. There is a key rising channel forming… Continue reading MATIC Price (Polygon) Sets Sights Higher: Can It Gain Bullish Momentum?→

MATIC: Market Nosedive Leads To 30% Wipe In Value

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MATIC bulls fumbled the bag after the market panic that turned the correction phase into a nosedive. The latest market data shows MATIC took a beating with a 33% wipe in value since last week. Hostile market environment and macroeconomic fears continue to plague the broader financial world. The crypto market was not spared. The… Continue reading MATIC: Market Nosedive Leads To 30% Wipe In Value→

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→