Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
MATIC
Render (RNDR) Breaks The $10 Mark; Could Rollblock (RBLK) and Polygon (MATIC) Be Next?
The crypto market is recovering from the latest market collapse with altcoins like Render leading the way, as it stands Render has crossed the $10 mark and could be moving towards new highs in the coming weeks. Meanwhile, analysts have picked Rollblock and Polygon as the best DeFi tokens that could cross $10 in the coming months. With innovative features including revenue-share to holders, Rollblock is continuing to make waves in the crypto community! Today we will discuss the future…
1 year ago
Polygon (MATIC) Now Available at Crypto.Games Casino
[PRESS RELEASE – Willemstad, Curaçao, May 9th, 2024] Crypto.Games Casino Expands Cryptocurrency Options with the Addition of Polygon (MATIC) In a strategic move to expand its cryptocurrency offerings and improve transactional efficiency, Crypto.Games, the premier online crypto casino, is excited to announce the integration of Polygon (MATIC) into its payment options. This addition highlights CryptoGames’ commitment to adopting cutting-edge technologies that enhance user experience and accessibility in online gaming. CryptoGames: A Hub for Crypto Gaming Innovation Founded in 2020 and…
1 year ago
Bullish Signs for Polygon (MATIC) Price Amidst Consolidation Phase
MATIC investors eagerly await a breakout from its consolidation phase, aiming for a price surge. Recent data shows a decline in MATIC supply on exchanges, suggesting potential price spikes. Polygon (MATIC) investors eagerly await bullish cues to break the altcoin out of its current consolidation phase. Matic has been in a consolidation phase, trading between $0.74 and $0.64 for several weeks. Despite repeated attempts to breach the upper resistance at $0.74, the token has yet to sustain a breakthrough. However,…
1 year ago
Analysts: Polygon (MATIC) and Ripple (XRP) Not Worth It, Look Into Retik Finance (RETIK) for Better Gains
In today's competitive cryptocurrency landscape, huge names like Polygon (MATIC) and Ripple (XRP) have surely created waves, capturing the attention with their creative solutions. However, experienced analysts advise investors to broaden their views and look out for hidden gems for even higher returns. One of these rising stars is Retik Finance (RETIK), which is a true game changer in decentralized finance. This meticulously crafted volume serves as an invaluable gateway into the intricate realm of Retik Financial. It offers a…
1 year ago
Polygon Hits New ATH in Daily Active Addresses: MATIC Bulls in Control
Polygon’s network activity has reached unprecedented levels, with daily active addresses surpassing 1.4 million, marking an all-time high. On one hand, there’s increased buying interest as indicated by a decrease in supply on exchanges and a rise in supply outside exchanges. Additionally, confidence among whales seems to be growing. Polygon (MATIC) has garnered significant attention in recent weeks due to its robust network activity, and this trend has reached a new milestone. The blockchain’s daily active addresses have consistently surpassed…
1 year ago
MATIC Bullish Signals Abound: Technical Indicators Hint At Sustained Uptrend
MATIC is the native utility token of the Polygon blockchain and it is currently ranked 18th by market cap, with a total supply of 10 billion MATIC and a total trading volume of over $204 million in the last 24 hours. It has been moving upward since its last rejection at a $0.6342 support level. Following the recent bullish trend of the crypto market, MATIC has not been left behind as the price has been on an uptrend with very…
1 year ago
Is MATIC Poised For Takeoff? Key Area Breaks Records, Fueling Bullish Outlook
Polygon (MATIC), the Ethereum scaling solution, has been a hot topic for weeks. Its daily active addresses recently hit an all-time high, exceeding 1.4 million, a testament to the network’s growing user base. This surge in activity, however, presents a tale of two sides for MATIC. Polygon’s Busy Streets: A Sign Of Growth Or Gridlock? The high traffic on Polygon’s virtual streets is undeniable. The consistent daily active addresses above 1 million suggest a thriving ecosystem. However, a closer look…
1 year ago
Algotech Presale Inches Closes to $5M Presale, MATIC Price Hits Critical Level While Filecoin Braches for Next Leg Up
The post Algotech Presale Inches Closes to $5M Presale, MATIC Price Hits Critical Level While Filecoin Braches for Next Leg Up appeared first on Coinpedia Fintech News The Algotech presale is on a record-breaking run, nearing a staggering $5 million. However, the broader market presents a nuanced picture. The price of MATIC, a prominent DeFi player, has dipped to a critical level, prompting questions about a potential course correction. Conversely, Filecoin, a decentralized storage network, exhibits resilience, suggesting continued…
1 year ago
Polygon In Peril: Will MATIC Bounce Back Or Stay Stuck In The Sub-$1 Doldrums?
Polygon (MATIC), the high-speed scaling solution for Ethereum, has been on a rollercoaster ride this month. After a brutal price correction that saw MATIC tumble over 20%, a recent 24-hour surge has injected a dose of optimism into the market. But is this a sign of a full recovery, or a temporary reprieve before further decline? Polygon’s Price Plunge: A Reality Check CoinMarketCap data paints a sobering picture. MATIC has been steadily dropping down the ranks of the top 20…
1 year ago