Mukesh Ambani, the richest man in Asia with an estimated fortune of over 100 billion dollars, has just taken a major step in the world of crypto. His conglomerate Jio Platforms, a telecommunications leader in India with over 450 million users, is launching JioCoin on the Polygon network.

Mukesh Ambani-led Reliance Jio, India's dominant telecommunications company, has launched the digital token Jiocoin as part of its blockchain-powered rewards program for its 450 million user base. The new coin has been integrated into Jio's proprietary JioSphere browser, which allows users to earn the tokens while browsing.

This partnership aims to revolutionize digital experiences for Jio's massive user base of over 450 million people. Jio Platforms, a subsidiary of Reliance Industries—led by billionaire Mukesh Ambani—announced its Web3 and blockchain initiative on Thursday.

Jio Platforms has introduced a new reward token called JioCoin on the Polygon blockchain network.

Despite the excitement, JioCoin has drawn criticism regarding its transparency and functionality.

JiCoin's are currently not redeemable or transferable.

Despite Bitcoin experiencing a bullish rally, the prime altcoin, Ethereum (ETH), has lagged in relative terms. Ethereum has found the $3,800 price level, a critical resistance it has not breached in the past 30 days.

JioCoin, a reward-based token, has been introduced by Jio Platforms, owned by Indian business leader Mukesh Ambani. The development has triggered serious discussions among Indian cryptocurrency enthusiasts. Many think that Jio's crypto will redefine the Indian crypto environment.

Jio launches JioCoin on the Polygon network, sparking community speculation about its use cases.

Algorand (ALGO) price has surged 20% in the last 24 hours, bringing its market cap back to $4 billion. Over the past seven days, ALGO has gained 38%.

Algorand (ALGO), a blockchain network known for its scalability and decentralization, has been steadily gaining attention in the cryptocurrency space. Despite its impressive surge of over 250% in Q4 2024, ALGO remains significantly below its all-time high (ATH) of $3.28, which it reached in June 2019.

Polygon (POL) is currently at a pivotal point in its price action, as it consolidates within a descending triangle pattern on the 4-hour chart. The price range between $0.47 and $0.41 has become a critical zone, with both bulls and bears battling for dominance.

Jio Platforms, a subsidiary of Reliance Industries and one of India's leading technology companies, has entered into a strategic partnership with Polygon Labs, the developer arm of the Polygon Protocols.

Jio Platforms collaborates with Polygon Labs to bring blockchain solutions, empowering millions of users with advanced Web3 capabilities.

Polygon Labs has partnered with India's largest telecom operator, Reliance Jio, to integrate blockchain into the company's existing infrastructure.

India's telecommunications and digital services company, Jio Platforms, is introducing Web3 capabilities to its user base of over 450 million. The initiative involves a collaboration with Polygon Labs, the developers of the Polygon blockchain protocols, aiming to support the development of decentralized applications and services in the country.

Reliance's Jio Platforms has joined hands with Polygon Labs to bring web 3 and blockchain solutions to more than 450 million consumers in India. The collaboration aims to integrate its advanced blockchain technology into Jio's services, marking a major step towards Web3 adoption in the country.

Polygon price battles resistance as bullish signals align for a potential rally.

The biggest telecom company of India, Reliance Jio has entered into a partnership with Blockchain leader Polygon Labs. This team up will bring web3 services to over 450 million Jio users. What exactly is cooking between Reliance Jio and Polygon, let's try to uncover.

Reliance Industries' digital arm, Jio Platforms, has announced a strategic partnership with blockchain company Polygon Labs to introduce Web3 capabilities to its existing applications and services.

Polygon ($POL) has been consolidating between $0.47 and $0.41, leaving traders speculating about its next move.

Reliance Jio will collaborate with Polygon Labs to bring blockchain innovations to its 450 million users in India.

Polygon's CEO hailed the partnership as a significant step forward for Web3 adoption in India.

Jio Platforms Ltd. collaborates with Polygon (MATIC) Labs to enhance Web3 capabilities, impacting over 450 million users in India with cutting-edge blockchain solutions.

The price of Algorand jumped more than 20% in 24 hours, retesting the key resistance level of $0.44 on Jan. 15.

ALGO crypto gains more than 14% in 24 hours but can this momentum spark a break out?

Algorand (ALGO), a layer-1 blockchain protocol, has experienced an uptick in price within the last 24 hours. ALGO is outperforming the crypto market by about 9%.

Polygon POS may be a legacy chain, but is one of the most active L2 for stablecoin usage.

The crypto markets faced notable bearish pressure during the past week, which raised concerns over the upcoming price action. Meanwhile, the latest recovery suggests the tokens are on a bullish track as the global market capitalisation surged over $3.5 trillion while the sentiments have again become greedy.

The themes of the projects include three tracks: AI, DePIN, and Memecoins.

RWA TVL grows by 34.6%: Algorand lays the foundations for the future of tokenization.

Polygon (MATIC) Labs and Courtyard.io are hosting an onchain auction for a PSA 10-graded Charizard Pokémon card, marking a significant advancement in the tokenization of physical collectibles.

The once-in-a-lifetime festival symbolizes spiritual cleansing and unity for millions of people worldwide.

Polygon Ecosystem Token (POL) price has consolidated above the $0.45 support line but below the moving averages. The presence of doji candlesticks has reduced the selling pressure above the $0.45 support level.

Polygon (POL), one of the leading blockchain networks, has shown remarkable growth in user engagement and network activity. Despite recent market fluctuations, Polygon's impressive surge in active addresses and technical indicators is setting the stage for a potential price increase in the near future.

Bitcoin's (BTC) price action remained muted over the weekend as it traded sideways and hovered around the $95,000 mark. BTC had dipped to a low of $91,314 on Friday before recovering to climb above $94,000.

Partnering with blockchain firm Chaincode Consulting, the initiative integrates with the Polygon blockchain. This ensures scalability, environmental sustainability, and a seamless experience for millions of travelers.

Indian Railways has partnered with Chaincode Consulting to issue NFT-based tickets for the MahaKumbh Mela festival, integrating with the Polygon blockchain for scalability.

The cryptocurrency market has experienced a turbulent period recently, but there are signs of recovery as Bitcoin and other major altcoins make notable gains. Bitcoin has surged back above $94,000, sparking optimism across the broader market.

Strong network activity and technical signals position POL for a potential bullish breakout.

After witnessing a notable pullback, the crypto markets are trying hard to cope with the recent losses. The Bitcoin price surged back above $94,000 and is sustaining above the levels, increasing the bullish momentum within the markets.

Polygon [POL], one of the leading blockchain networks, continues to face headwinds as its price plummeted 12% in just 24 hours, trading at $0.457 at press time. This sharp decline reflects a broader downward trend over the past month, with Polygon shedding 33% of its value.

Crypto wallet developer Exodus Movement Inc has made history in its journey as it got uplisted on the New York Stock Exchange (NYSE) American. For a firm that traded in the OTC Markets (OTCQX), this NYSE listing marks a major upgrade for the firm.

If buyers consider the oversold RSI an ideal entry point, it could result in a bullish reversal, pushing the price to $0.538

The latest price analysis by Coinidol.com report, Polygon's Ecosystem Token (POL) price has remained unchanged after the price drop on December 20.

Bitcoin (BTC) surged past $100,000 as it continued its upward momentum in the new year. The cryptocurrency went from a low of $98,760 to $102,413 late on January 6 before dropping marginally to its current level of $101,745.

Algorand (ALGO) has been making waves in the cryptocurrency space lately, capturing the attention of traders and investors alike. With its strong performance on the charts, combined with increasing network activity and its innovative governance structure, ALGO is positioning itself as a major player in the market.