Polygon Reclaims $1 as Mark Cuban Shuffles MATIC to Coinbase
Entrepreneur Mark Cuban unstaked nearly 3M MATIC tokens, causing an unconventional price reaction.
Keep up with what's happening in the crypto world in real-time.
Entrepreneur Mark Cuban unstaked nearly 3M MATIC tokens, causing an unconventional price reaction.
Ethereum is up significantly today, but the tokens behind projects that make the ecosystem faster and cheaper to use are doing even better.
Polygon (MATIC) is currently witnessing a notable upswing, registering a 30% rise in value over the past week. This upward trend is triggered by bullish investors within the protocol, who are aiming to attain new highs for the year. Nevertheless, as the price of MATIC approaches the $1 mark, there's noticeable selling activity from investors.
Polygon Price Prediction: In a climate riddled with market uncertainty, Polygon coin has emerged as a beacon of stability, effectively maintaining its ground above the pivotal $0.75 support mark. The past eight days have witnessed a commendable rally in the MATIC value, culminating in a 43% surge, with the altcoin now trading at the $1.07
An analyst has explained how Polygon is starting to break out of a symmetrical triangle pattern. If the breakout is confirmed, a rally to this level could be coming.
Polygon (MATIC) experienced a significant surge in its price, marking a 21% increase and reaching $1.05 in the latest trading sessions. This advancement occurs amid a substantial rise in trading volume, reaching $2,341,624,558 in the last 24 hours, according to CoinMarketCap, representing an impressive increment of 172%.
With most assets in the cryptocurrency sector starting to slow down their gains from previous weeks, Polygon (MATIC) is still going strong, having broken the $1 threshold, recording significant increases on all of its charts, and showing signs of further bullish continuation above $1.70.
MATIC has exceeded the $1 price tag for the first time in eight months, being one of the best-performing digital assets today (December 27).
In a recent setback, Telcoin, a leading developer of mobile-centric financial applications, faced a significant exploit within its wallet implementation on the Polygon blockchain. This incident triggered a 40% decline in the value of the Telcoin (TEL) token and resulted in the unauthorized withdrawal of over $1.2 million from user accounts.
In a surprising turn of events amidst recent cryptocurrency market volatility, Polygon's native token, MATIC, has not only surpassed the elusive $1 mark but also catapulted above it by 10%. This milestone, unseen since May, has stirred significant attention and market optimism, with analysts forecasting a potential 70% surge in the days to come.
Polygon's native cryptocurrency MATIC has defied the broader cryptocurrency market's downward trend by surging 20% and surpassing the significant $1 level. MATIC is currently trading at $1.
Polygon's native MATIC token surged over 20% breaking the $1 price barrier, driven by expanding fundamentals like record transaction speeds and developer adoption from the protocol's ongoing ecosystem growth.
The Polygon (MATIC) price moved above $1 today. It is in the process of breaking out from a 730-day descending resistance trend line, which has been in place since the all-time high.
MATIC has gone on a tear over the past 24 hours, but other alts, such as BNB, BCH, and UNI, have followed suit.
Doctor Profit, a well-known Bitcoin analyst with a track record of accurate predictions in the crypto world, is now highlighting Polygon (MATIC). He's calling it one of the most undervalued projects out there.
Polygon (MATIC) price made a strong bullish breakout on Wednesday as investors cheered the network's ecosystem growth. The token soared to a multi-month high of $1.10, its highest point since April 23rd. It has soared by more than 118% from its lowest point this year.
Polygon (MATIC) is undergoing a seismic shift within its ecosystem that has seen its price jump by more than 21% in early trading hours on Wednesday as the protocol's bulls make a run for new yearly highs. Polygon has been signaling its readiness to surmount the crucial $0.9 price level, judging from the many milestones within its ecosystem.
Recent concerns over a potential selloff in Polygon (MATIC) following billionaire investor Mark Cuban depositing millions of MATIC tokens to Coinbase suggest a potential liquidation move. The transaction, valued at $2.56 million, raised speculation of an imminent sale of the tokens received from the Polygon Ecosystem Growth.
While the rest of the cryptocurrency market has come under strong selling pressure, Polygon's native cryptocurrency MATIC is up by 10% shooting past the $1 level. At press time, it is trading 8.5% up at a price of $0.99 overtaking Tron (TRX) for the 12th position.
Polygon's native token, MATIC (CRYPTO: MATIC), has recorded an increase of 12% in the last 24 hours, outperforming cryptocurrencies, Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which both experienced a decline of 2% each at the time of reporting. What Happened: This momentum for MATIC came to the attention of big investors, colloquially known as “whales,” who have been accumulating cryptocurrency.
The price of Polygon (MATIC) is moving sideways above the moving average lines. Price analysis by Coinidol.com.
Polygon founder Sandeep Nailwal weighs in on the recent memecoin mania, proposing to back projects.
Polygon co-founder Sandeep Nailwal is mulling likely support for memecoins amidst a recent rally and the growing popularity of the asset class. Polygon Co-Founder Intrigued by Memecoin Frenzy In the last few weeks, memecoins have gained traction with a sudden positive momentum that has made many of them reach unprecedentedly high price levels.
In a recent development in the DeFi space, AsMatch, the key SocialFi platform, has garnered backing from prominent industry figures, including Polychain, Alliance DAO, Polygon co-founder Sandeep Nailwal, and Ryan Fang, founder of Ankr and Tomo. This collaborative support propels AsMatch towards its mission of reshaping social interactions by prioritizing and generously rewarding the average