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…
Polygon
Polygon Powers Mazda’s NFT Debut: Explore ‘Yoki Origins’ on Astar zkEVM
Mazda debuts in the NFT space with “Yoki Origins” on Astar zkEVM, in collaboration with Polygon. The launch showcases Mazda’s MX-5 MIATA in an NFT series infused with Japanese aesthetics. Astar zkEVM, a trailblazer in blockchain technology, is expanding the horizons of what blockchain can achieve. By joining us, you’re not just a part of our mission but also a member of a diverse network of partners and collaborators, pioneering the integration of web3 in sectors like finance, entertainment, and…
1 year ago
Polygon Price Prediction: MATIC Targets $3 By 2024, NuggetRush Expected to 100x this Year
NuggetRush is a rising star in the GameFi industry, blending gaming with cryptocurrency and tangible rewards. NuggetRush play-to-earn mechanics and NFT staking platform offer users the chance to earn real-world rewards while having fun. Polygon witnessed a surge in daily active addresses, indicating renewed interest and potential for price growth. The Polygon (MATIC) chain has seen a notable increase in user engagement and liquidity injection in 2024, catching the attention of the broader market. Lately, there has been a resurgence…
1 year ago
Polygon CDK Powers Arcana Network’s Shift Towards Decentralization
The Arcana network will tap on the Polygon Chain Development Kit (CDK) to further enhance the decentralization of its web3 products. The Polygon CDK is used by web3 developers to launch zero-knowledge layer two networks on the Ethereum network. The Ethereum (ETH) network has established itself as a solid cornerstone for web3 development due to its secure smart contracts. The Ethereum network has grown to a vibrant layer-two ecosystem, which consists of more than 40 networks – led by Polygon…
1 year ago
Global interest surges for Raffle Coin (RAFF) including from Polygon (MATIC) and Chainlink (LINK) backers
The post Global interest surges for Raffle Coin (RAFF) including from Polygon (MATIC) and Chainlink (LINK) backers appeared first on Coinpedia Fintech News The excitement surrounding the Raffle Coin (RAFF) presale is evidently felt not only among investors eager to make a ‘draw’ in their portfolio but also among big blockchain communities, including Polygon (MATIC) and Chainlink (LINK). With the level of interest continuing to increase, it is very evident that the outstanding Raffle Coin (RAFF) approach is making its…
1 year ago
Polygon Labs CEO Criticizes Layer-3 Networks, Highlights Risks
Polygon Labs CEO Marc Boiron has heavily criticized Layer-3 networks for drawing value and security away from Ethereum, leading to a potential risk to security on the network. The criticism comes as meme coin trading activity has seen exponential growth on Degen, a Layer-3 network running on Base, which in turn runs on Ethereum. Not A Fan Of Layer-3 Networks Boiron denounced Layer-3 networks, citing their potential risks to the security of Ethereum. The comments come as a new Layer-3…
1 year ago
Top 5 Altcoins Changing the Game: NFTFN, Pepe, Bonk, Gala, and Polygon for Unmatched Growth
The post Top 5 Altcoins Changing the Game: NFTFN, Pepe, Bonk, Gala, and Polygon for Unmatched Growth appeared first on Coinpedia Fintech News In a world that is constantly evolving, the cryptocurrency industry is no different. New projects emerge to challenge what is known and push boundaries with innovation in mind. From the many altcoins vying for attention, there are five of them that stand out as they have the potential to be true game-changers in their specific niches. Therefore…
1 year ago
XRP and Polygon Ran Out of Puff; Is Milei Moneda the Next Big Crypto Craze for Investors?
The post XRP and Polygon Ran Out of Puff; Is Milei Moneda the Next Big Crypto Craze for Investors? appeared first on Coinpedia Fintech News TLDR Traders lose interest in XRP. Polygon’s value drops due to technical issues. $MEDA continues to attract investors. XRP loses steam as its value drops after a recent spike. Likewise, Polygon’s (POL) value remains stagnant due to technical issues with the blockchain sequencer. However, Milei Moneda‘s ($MEDA) presale takes off as many investors hasten to…
1 year ago
Milei Moneda Shows Solid Market Presence as Polygon and Ethereum Find Higher Price Support
Milei Moneda ($MEDA), a rising meme coin, captivates crypto enthusiasts with its deflationary token model. Meanwhile, Polygon (MATIC) surges, fueled by the Inevitable Games Fund, while Ethereum (ETH) grapples with scalability decisions. Read on as we uncover unimaginable innovations in crypto. Economize Like Milei: Invest in $MEDA! Milei Moneda ($MEDA): The Rising Star of Meme Coins Milei Moneda ($MEDA) garners attention in the crypto world as one of the top crypto coins, with its deflationary token model and unique perks…
1 year ago
Bitcoin holders and Polygon Whales are diversifying into Raboo Presale
The post Bitcoin holders and Polygon Whales are diversifying into Raboo Presale appeared first on Coinpedia Fintech News The crypto bull run has seen many early investors smile while later entries have them tearing their hair out in FOMO as the big guns reach their all-time highs and the altcoins follow in their wake. Despite the Bitcoin price going ever higher, crypto whales like Microstrategy are scooping up Bitcoin (BTC) by the truckload, and other established coins like Polygon (MATIC)…
1 year ago