Tag Archives: MATIC

Polygon’s zkEVM continues to lag behind as competitors such as StarkNet and zkSync Era dominate the sector. MATIC remains unaffected as prices continue to rise.

ChatGPT predicts a substantial price rally for MATIC towards the end of 2023. But its on-chain metrics hardly concur.

Buyers attempt at a sustained bullish rally which was thwarted at key resistance level. However, there could be the possibility of a bearish takeover.

Polygon’s NFT sales volume has risen sharply over the last few weeks, as has its number of sellers. MATIC’s price was controlled by the bears last week. 

Following Polygon’s latest decision, MATIC holders seem to have reinforced their faith in the token. Here’s how

Polygon Labs has presented a proposal for its expansion, which includes shaking up the governance structure.

Polygon has released a new blog highlighting the capabilities and launch date of its upcoming Polygon Miden. MATIC is down by over 3%, but a few market indicators are bullish. 

Polygon’s daily active addresses were considerably higher than those of Ethereum and Solana. However, MATIC was down by 2% in the last 24 hours. 

MATIC’s pullback eased to a crucial support in December 2022/early January 2023. Can it hold and rescue bulls?

Amongst the two, MATIC had a clearer bullish bias and more room for gains than ARB, based on the price charts.

I asked ChatGPT about MATIC’s price action in 2023, it predicts a bullish price movement for the cryptocurrency.

The new token, if finally introduced, will mean MATIC will cease to exist. Polygon said the SEC security proscription had nothing to do with the proposal.