Polygon

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…

Crypto analyst Bixley has predicted a potential rally to $55 if Polygon breaks out of a trend line. Analysts have forecasted the price of Bitcoin to soar to $85k in the coming weeks. NuggetRush has been tagged as one of the top new crypto to invest in for 100x gains.  Given its impressive recovery after the Bitcoin halving, experts are predicting that the price of BTC could jump to $85,000 very soon. Meanwhile, Bixley, a crypto analyst, has forecast that…

Franklin Templeton has tokenized $380 million in U.S. Treasuries, facilitating P2P transactions on the Polygon and Stellar blockchains. This initiative introduces BENJI tokens, each representing a share in the newly created Franklin OnChain US Government Money Fund (FOBXX). Building on its pioneering legacy, as confirmed by a PANews report on April 26th, Franklin Templeton has taken a significant step forward by tokenizing the Franklin OnChain US Government Money Fund (FOBXX) worth $380 million on the Polygon and Stellar blockchains. Echoing…

The post Polygon (MATIC) and NEAR Protocol (NEAR) Price Poised For Massive Spike Soon appeared first on Coinpedia Fintech News The altcoin industry has established a solid bottom for the recent correction triggered after Bitcoin’s (BTC) price reached a local top of around $74,000. Since the Bitcoin halving event last weekend, the altcoin market has been gaining against the flagship coin, as observed in the dominance.  Furthermore, the cryptocurrency market cap, excluding Bitcoin, TOTAL2, which stands around $1.03 trillion, has…

A crypto analyst, @LomahCrypto, has called Binance Coin a dark horse in the bull market. The price of Polygon has dropped across all timeframes. NuggetRush has been predicted to soar 50x after its listing on top exchanges. Crypto analyst @LomahCrypto has dubbed Binance Coin a dark horse, citing three compelling reasons. Meanwhile, Polygon’s price has experienced a decline across various timeframes. On the other hand, NuggetRush has emerged as the best new coin to invest in, with a potential 50x…

Recent data shows that whales accumulate MATIC aggressively amidst the ongoing broad market correction that has seen the asset trading below $0.7.  Interestingly, an analyst has observed the formation of a bullish trend that could see MATIC surging to $0.95 and $1.29.  Polygon’s native token MATIC takes a marginal turn in a 1% positive run to hit $0.66 weeks after consistently breaking away from its targeted price. However, the price of the asset is still 34% down from year-to-date and…

Ernst & Young launches the OpsChain Contract Manager utilizing Polygon PoS, aiming for enhanced contract management efficiency and cost-effectiveness. The crypto market shows diverse investment opportunities with varying levels of risk and potential return, with specific altcoins highlighted for significant potential gains. Ernst & Young Global Limited, commonly known as EY, is a global leader in professional services and one of the largest professional networks worldwide. Dedicated to building a better working world, EY offers insights and services that create…

Through USDC on the Polygon network, users can now send and receive money instantly around the world through SukuPay. This signifies the growing adoption of the Polygon network with real value being built around the ecosystem. Suku World, a project that enables seamless cross-border payments has introduced a platform that allows users to send and receive money around the world with just their phone number. According to an announcement by the Suku World team, users are only required a phone…

The post Top Trader Diverts From Trading Polygon (MATIC) During Bull Run, Picking Up This New Token Currently Rallying 500% appeared first on Coinpedia Fintech News As the cryptocurrency market experiences a flurry of activity, a notable shift is occurring among savvy traders. One top trader, previously a staunch supporter of Polygon (MATIC), is making a bold move by diverting attention towards a new, promising token: Option2Trade (O2T), which is currently witnessing a staggering 500% rally. Polygon (MATIC) Faces Stiff…