Polygon (MATIC) continues to spark interest amongst cryptocurrency enthusiasts due to its potential for growth in 2024. Some analysts believe MATIC price can hit $2 by 2024, while others speculate it may face an uphill battle towards $1. BlockDAG, another cryptocurrency, has recently attracted the attention of Polygon investors, outperforming both it and Litecoin during a pre-sale event. Amidst these developments, the crypto mining market is dominated by BlockDAG’s ASIC miners despite losses for both Polygon and FLOKI investors. Market analysts have expressed optimism, particularly towards dogecoin and Polygon following bullish CPI data. Meanwhile,
Polygon's price is on a downward trend, facing a major obstacle at $0.75 in the prevailing bearish market. Polygon continues to innovate, recently announcing the acquisition of a zero-knowledge cryptography firm Toposware, and reported to be considering launching new grants programs worth 1B POL over the next decade. Despite a 22% fall amid recent market correction, some forecasts predict a 35% rally following a potential end-of-correction pattern. Meanwhile,
Polygon has reportedly discontinued work on 'Edge' (used to build Dogechain), turning its focus towards ZK, and its ecosystem token (POL) has been undergoing price analysis for the forecasted year 2024. Lastly,
Polygon's ZK-rollup Ethereum scaler Miden is in testing phase, while it's reported that Polygon Miden testnet goes live and the company proposes 'Decentralized Governance' with 13 council members.
Polygon Coin News Analytics from Thu, 19 Oct 2023 07:00:00 GMT to Sat, 22 Jun 2024 06:30:55 GMT -
Rating -2
- Innovation 6
- Information 7
- Rumor 2
