MATIC

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 cap to $5.5 billion over the quarter, placing it as the 20th largest crypto asset (currently at the 26th position), the protocol’s on-chain metrics remained…

The crypto market is a very unpredictable place. Two coins, LINK and MATIC, that many investors hoped would do well are currently in the trenches as they have yet to impress with their losses. Meanwhile, Raboo, a presale token, is creating a buzz in the crypto community. With over $2 million already raised, this meme coin is set to outperform even well-known tokens and give investors a 10,000% ROI. Before we turn to Raboo ($RABT) in detail, let's examine how…

Polygon (MATIC) appears to be underperforming compared to the broader market, where most of the attention is directed toward other major cryptocurrencies with larger market caps. Despite this subdued price movement, the Polygon network recently experienced a significant surge in activity, reaching its highest levels in over a year. This notable increase in activity is largely attributed to recent announcements concerning the migration of Polygon’s MATIC token to the new POL tokens. Polygon Network Activity Hits Yearly High According to…

The post Solana to $2500, CYBRO and MATIC to $25 After Thursday? All You Need To Know About ETH ETF Starts And Future of Altcoins appeared first on Coinpedia Fintech News The crypto market is calm, holding its breath for a potential bull run. Altcoins remain at tempting entry points, hinting at an imminent surge. Recent whispers in the community suggest that Solana could skyrocket to $2500, while CYBRO and MATIC might hit $25 after Thursday. The anticipation intensifies with…

The post XRP And MATIC To Hit $1; List of Other Altcoins With Similar Potential appeared first on Coinpedia Fintech News Despite Bitcoin hitting new all-time highs a few months ago, there has been minimal rotation into altcoins. This means that many altcoins have not performed well relative to Bitcoin, leading some to question if altcoin season will ever happen. Now that Bitcoin is once again heading towards an important level of $70k, it is important to analyze. On The…

Recent trading activities have caused the price of MATIC to slide, targeting the $0.5030 mark, following a period of strong upward momentum disrupted by bearish pressure. This sudden drop, driven by increasing bearish sentiment in the market, has sparked speculation among traders and investors about whether the $0.5030 support level will hold or if further declines are imminent. As the bearish sentiment around MATIC continues to build, this article seeks to analyze its current price movements and the technical indicators…

On Thursday, the Polygon Foundation announced the date for its upcoming MATIC to POL upgrade after reaching a community consensus. The long-awaited token migration will occur in less than two months and aims to kickstart Polygon’s native token expansion. MATIC saw a 7% drop following the news. Save The Date: Polygon Token Upgrade Coming Soon The Layer-2 scaling solution for Ethereum, Polygon, revealed the highly anticipated date for its native token upgrade. Set for September 4, the initial phase will…

Bitcoin (BTC) bounced off its support levels last week, which held firm, indicating strong demand at lower levels. It made a strong recovery over the weekend, breaking past $60,000 with a strong rally.  With demand skyrocketing at lower levels, it’s clear that institutional investors viewed the recent dip as a buying opportunity. According to data from the on-chain analytics platform CryptoQuant, institutional investors acquired 100,000 BTC during the week.  Positive Signs For The Crypto Markets  The cryptocurrency market had plenty…

The post 92% of MATIC Addresses in Loss; MTAUR Price Jumps, Building Hype appeared first on Coinpedia Fintech News Polygon (MATIC) is facing tough times, with 92% of addresses currently at a loss. This highlights a significant drop in market value impacting many holders. On the other hand, analysts have noticed some Polygon (MATIC) addresses locking in Minotaurus (MTAUR), whose presale seems to offer upside opportunities with incremental price increases throughout the token sale stages. Polygon (MATIC) Sees Surge in…