Polygon (MATIC) is currently experiencing significant changes and challenges. Recent observations have shown Polygon in a buy zone that led to significant surges in the past, and the crypto has set a September date for migrating from
MATIC to POL token. On a negative note, MATIC has been struggling in the volatile crypto market, hitting yearly lows and dealing with a renewed identity crisis as attention shifts from MATIC to POL.
Nevertheless, financial analysts anticipate future Polygon growth, predicting a rise to $2 in 2024. They have identified
Polygon, Chainlink, and Qubetics Whitelist as torchbearers, leading the way towards a prosperous future. MoonBag Coin, Kaspa, and Polygon are highlighted for upcoming crypto presales, and the platform recently acquired
Zero-Knowledge Cryptography Firm Toposware.
Meanwhile, the Italian state-owned bank is set to trial digital bonds on Polygon, and
Bitcoin Suisse is issuing tokenized bond on the platform.
Revenue sharing giant Rollblock makes headlines as investors prefer it over Polygon and Monero.
Raboo presale also gains attention as whales diversify their portfolio with Litecoin and Polygon. Despite the market's volatility,
Polygon has reported a 30% volume surge and continues bouncing above the $0.38 mark.
However, certain concerns remain. Analysts predict that Polygon may experience difficulty breaking the $1 mark, with signals of a potential 22% fall. As MEPEPE is poised to grow, Polygon whales increase their activity by 1400%.
Polygon Coin News Analytics from Wed, 31 Jan 2024 08:00:00 GMT to Thu, 15 Aug 2024 17:30:23 GMT -
Rating 3
- Innovation 3
- Information 7
- Rumor -1