Tag Archives: MATIC

As the market continued to make a slow and steady recovery after the 21 June dip, some altcoins bounced back up earlier than expected. On the contrary, others pictured a more consolidated range and struggled to pull their values up. EOS, for instance, tested its lower support level as its price fell to its FebruaryContinue reading “Dogecoin, EOS, MATIC Price Analysis: 26 June”

Polygon (MATIC) a coin that saw an almost 6962% growth since the beginning of 2021, still continues to be one of the top 20 coins. It is making new implementations that can drastically improve the network.  The development team behind Polygon (MATIC) recently laid out a proposal for the implementation of EIP-1559 on its network,Continue reading “Polygon proposes implementing EIP-1559 on its network; so what changes?”

China’s attempt to clamp down on crypto-trading negatively impacted altcoins, an action that fueled a hike in price volatility over the week. At press time, as Bitcoin’s price recovered by 7.5%, most major altcoins were trading in the green. Binance Coin’s trading volume, for instance, rose by 110% while MATIC still held on to itsContinue reading “Binance Coin, MATIC, Litecoin Price Analysis: 23 June”

With a depreciation of 8.1% in 24 hours, the global crypto-market cap fell to 1.31 trillion at press time. Following Bitcoin’s footsteps, most altcoins in the market have been struggling within the bearish zone throughout the weekend. Ethereum and Solana, for instance, fell below their respective support levels. MATIC, on the contrary, while it movedContinue reading “Ethereum, MATIC, Solana Price Analysis: 22 June”

The last 12 hours have been rather terrible for the market as all the coins including the king coin fell severely. Total market capitalization came down by 7.8% at press time. XRP, Dogecoin, MATIC each lost 9.91%, 8.63% and 7.5% respectively. Regardless, XRP was in the news for SEC’s Commissioner Hester Peirce’s statement concerning theContinue reading “XRP, Dogecoin, MATIC Price Analysis: 21 June”

MATIC’s jump towards $2.40 post 19th May crash was quite impressive especially when a bear market was taken into account. However, the digital asset failed to sustain higher levels since and succumbed to constant selling pressure. Its latest rally towards $1.70 did induce some optimism, but a failed breakout attempt saw the emergence of aContinue reading “MATIC’s price: What can provide confirmation of a sharper price swing?”

SUSHI was trading at the same level as last week, however, there are metrics that suggest the sentiment and ROI have changed. At the $7.91 level, SUSHI’s trading volume was up 83%. This increase in trading volume is not indicative of the dip; it represents the selling pressure that SUSHI has resisted over the pastContinue reading “Why this growth of SUSHI on MATIC should matter to traders”

Altcoins like ETH, MATIC, and AAVE began to consolidate after a brief market crash on 18 June, when Bitcoin’s price fell by 3.55%. The altcoins lost over 10% of their valuations. As bullish momentum crept in, AAVE saw a slight price increase.  Meanwhile, ETH saw renewed buying pressure and MATIC saw an increase in buyingContinue reading “Ethereum, Matic, Aave Price Analysis: 20 June”

Despite yesterday’s drop, MATIC’s price was 13% above the price level from last week. MATIC was trading at the $1.39 level based on data from coinmarketcap.com. The altcoin has rallied after the launch of multi implementation scaling solution. Among other factors, this has driven the demand for MATIC’s rally and increased the trade volume acrossContinue reading “Ethereum, MATIC and OMG: What ROI can you expect, buying at the current price level?”

On the back of a brief market crash on 18 June, Ethereum’s price was attempting to recover somewhat after trading around the $2200-level. This is the second time Ethereum has recovered from a significant drop in this range and it is important for the altcoin to remain steady above the psychologically important price level ofContinue reading “What you should know about the impact of Ethereum’s scalability”

On the back of wider market devaluations, altcoins such as Chainlink, MATIC, and AAVE sustained losses over the past couple of days. This reversed the positive momentum that had slowly started to pick up following the coins’ recent price action as market volatility increased and trading volume decreased. Bitcoin moved back down to $37,940 atContinue reading “Chainlink, MATIC, AAVE Price Analysis: 18 June”

Total market capitalization rose by almost 3 percent within the last 24 hours after losing $108 billion between June 15 & 16. Ethereum gained some limelight after Goldman Sachs announced their plans to expand into Ether alongside Bitcoin. Solana was in the news for leading PARSIQ’s $3 million funding. MATIC gained a lot of fansContinue reading “Ethereum, Solana, MATIC Price Analysis: 17 June”