MATIC holders might be in for an interesting week ahead especially now that the Polygon-native token is attracting crypto whales. The latest WhaleStats analysis revealed that MATIC was among the top 10 most acquired digital coins by ETH whales. Here’s AMBCrypto’s price prediction for MATIC According to the whale tracking site, the whale fear andContinue reading “Why MATIC’s price action failed to register more upside in last 24 hours”
By Michael NderituTag Archives: MATIC
Polygon, the layer 2 solution that has been in the news for quite some time for its increasing number of collaborations, expanded into the NFT space. Despite partnerships in multiple domains for their NFT’s, the Polygon NFT market didn’t see any noteworthy growth. __________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Polygon [MATIC] for 2022-2023. __________________________________________________________________________ AccordingContinue reading “MATIC may be the center of attention for these reasons despite Polygon’s NFT defeat”
By Saman WarisPolygon, despite its ailing prices, witnessed an uptick in the number of daily active addresses on its network. One of the reasons for the same could be Polygon’s recent collaboration with Nubank, a large financial institution from Brazil. But the question remains, will this be a sustained growth-based relationship? Here’s AMBCrypto’s Price Prediction for PolygonContinue reading “MATIC: Reasons why you should reconsider your shorting decision”
By Saman WarisPolygon managed to achieve robust growth in terms of adoption despite MATIC’s downturn during the bear market. According to Polygon’s latest announcement, the network witnessed a massive growth in 2022 alone. However, how would this development affect the price of MATIC in the short and long-term? Here’s AMBCrypto’s price prediction for Polygon [MATIC] for 2022-2023Continue reading “Polygon investors may be thoroughly convinced to bet on MATIC for this reason “
By Michael NderituDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. MATIC’s recent bullish comeback aided buyers in finding a close above the near-term EMAs. The crypto’s Exchange outflows and funding rate reaffirmed a bullish strength. The recent buying endeavors pushed Polygon [MATIC] above the constraints ofContinue reading “Why MATIC is all set for a potential rebound from this defending zone”
By Yash MajithiaPolygon [MATIC], at the time of writing, was trading at a significant premium from its 2022 lows but the alt had struggled to recover back above $1. Demand for the coin above the same price level remained low but a recent Polygon partnership may pave the way for more liquidity. Here’s AMBCrypto’s price prediction forContinue reading “Polygon may push MATIC for a short while but a move beyond $1 remains doubtful”
By Michael NderituPolygon [MATIC] in its latest string of collaborations, announced that the Polygon team will be working with Indian law enforcement. The blockchain would be working to create an online complaint (FIR) portal. Even though this collaboration may further improve the state of crypto adoption, it is still to be determined whether this new development canContinue reading “Polygon’s preference for this state-of-being may disappoint MATIC investors”
By Saman WarisDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. MATIC’s recent double-digit growth led to a bearish divergence on the CMF. The crypto’s Open Interest across all exchanges affirmed a bullish strength but the funding rate was yet to turn positive on Binance.Continue reading “Gauging MATIC’s ability to offer buying opportunities after its bull run”
By Yash MajithiaSandeep Nailwal, the co-founder of Polygon [MATIC] recently tweeted about the growing gaming ecosystem in the Polygon network. As per the tweet shared by the co-founder, Polygon was the biggest blockchain in the gaming space. Just look at the growth of gaming users on @0xPolygon Growth is "ORDERS OF MAGNITUTE" bigger than any other chainContinue reading “MATIC investors can expect the next bull rally after…”
By Saman WarisPolygon [MATIC], on 10 October, announced that its ZK roll-ups with EVM compatibility public testnet were now live. Since unveiling the zkEVM in July, Polygon seemed to have been working non-stop to achieve the recently-declared update. According to its blog post-release, Polygon noted that it was committed to serving the crypto community with the firstContinue reading “Polygon releases zkEVM public testnet as MATIC chooses…”
By Saman WarisThe much-awaited Polygon [MATIC] ZK launch is one day away. Amid the buzz around the launch, several interesting developments made their way to the Polygon ecosystem. These updates managed to positively affect the price of MATIC as the altcoin registered a promising uptick. DRUMROLL – ONE DAY TO GO…🥁 pic.twitter.com/VWpk7Vr4pz — Polygon | POL (@0xPolygon)Continue reading “As Polygon’s ZK stands a day away, MATIC traders have reason to take it easy “
By Saman WarisPolygon [MATIC] has managed to show consistent growth in the L2 space despite the L2 space seeing a rise in the number of projects. However, will Polygon be able to continue this growth in the future given the current situation of the cryptocurrency market? The answer to this question may lie in Polygon‘s long term plansContinue reading “Is Polygon facing trouble in the MATIC paradise amid its Web3 expansion plans “
By Saman Waris