Category Archives: Polygon news

The Anticipation of Bitcoin ETFs With the anticipated arrival of Bitcoin exchange-traded funds (ETFs) that could unlock the doors of crypto investment to both institutional and retail investors on an unprecedented scale, the largest cryptocurrency token is stirring a new wave of excitement. There is a ripple effect reverberating across the entire crypto market, where[Read more…]

In Brief The Polygon (MATIC) price created a bearish weekly candlestick last week after four consecutive bullish ones. The weekly time frame Relative Strength Index (RSI) and price action are both bullish, suggesting a potential breakout. However, another rejection from long-term resistance could lead to a drop. The MATIC price nearly reached $1 last week[Read more…]

Polygon Price Prediction 2023-2032 Price Predictions: Current MATIC Status: Today, the price of Polygon (MATIC) stands at $0.84, experiencing a 24-hour trading volume of $133 million. The cryptocurrency has a market capitalization of $5.8 billion and accounts for 0.41% of the market dominance. Over the past 24 hours, MATIC’s price has surged by 7.4%. Currently,[Read more…]

Discover the Latest in Crypto Dynamics Explore the latest developments in the cryptocurrency market with a focus on two standout players: Polygon (MATIC) and VC Spectra (SPCT). Dive into the details of their recent achievements and potential gains in this dynamic crypto landscape. Polygon (MATIC) Surges with Polygon ID Release 5 On November 14, 2023,[Read more…]

The Unprecedented Surge in Transactional Activity on Polygon (MATIC) The excitement surrounding a new type of tokens on the Polygon (MATIC) blockchain has led to an unparalleled spike in transactional activity. According to the co-founder, this surge in activity was successfully managed by the Polygon PoS, handling a remarkable 500% more transactions than the average[Read more…]

The POLS Mint and Impressive MATIC Burns The POLS mint, a highly anticipated event on the Polygon (MATIC) blockchain, unfolded on Thursday, resembling the Bitcoin BRC-20-inspired mint. The statistics that followed have been nothing short of impressive, with over 100 million MATIC tokens incinerated during the event. Despite this significant burn, data indicates that the[Read more…]

Introduction Polygon, Ethereum’s Layer-2 solution, witnessed a remarkable surge in gas fees attributed to the activities surrounding a new ordinal token. This article explores the lessons learned from the Bitcoin Ordinals frenzy and the subsequent rise in fees. Polygon Gas Fee Surge The surge in gas fees on Polygon was a significant event, experiencing an[Read more…]

Commission Fees Surge on Polygon Network Commission fees in the Polygon ecosystem, one of the leading Ethereum Layer-2 scalable solution networks, have skyrocketed by over 1,000% and reached a peak of $0.10 after users showed intense interest in the network following the release of tokens called POLS, inspired by the Ordinals platform. Sandeep Nailwal, the[Read more…]

Altcoins and the 2024 Crypto Bull Run With the predicted 2024 crypto bull run quickly approaching, experts recommend seeking alternative cryptocurrencies. That said, Bitcoin Spark (BTCS), Fantom (FTM), and Polygon (MATIC) have been ranked among the best altcoins for the next bull run. Will Altcoins go up? During crypto bull runs, altcoins often experience significant[Read more…]

Introduction Copytrading is a popular feature on many exchanges and platforms that enthusiasts utilize in order to potentially maximize the performance of their portfolio. Choosing which cryptos to copytrade can be difficult, and as a result, they tend to look at expert traders to make the right decision. Popular Cryptocurrencies for Copytrading Some of the[Read more…]