News with the tag "Polygon News"

Tom DeMark Sequential shows buy signals for POL, AVAX, SHIB, and MKR. Polygon and Avalanche could attract bullish momentum after recent dips. Traders speculate if these assets have entered prime accumulation zones. Polygon (POL), Avalanche (AVAX), Shiba Inu (SHIB), and Maker (MKR) are showing signs ...

Stablecoin usage on Polygon remains high among retail users. This type of activity has kept the chain relevant. It is one of the older L2 chains, working both with its legacy chain and the new Polygon ZK EVM. Polygon is still one of the primary chains for stablecoin transfers. The L2 has legacy stat...

The cryptocurrency market in general and the altcoins in particular, is showing price movements, and five altcoins—NEAR Protocol (NEAR), Render (RENDER), Polygon (POL), Injective ($INJ), and Internet Computer (ICP)—have captured the attention of traders and investors. These tokens are currently expe...

The Polygon (MATIC) price has suffered crash after crash in recent months, pushing it down to levels not seen since June 2022. This price crash has led to an 86.27% drop from it all-time high price of $2.92 recorded back in 2021. However, positive sentiment is slowly starting to creep up among Polyg...

The Polygon Foundation, the group behind the Ethereum scaling network Polygon (MATIC), has transferred a whopping $8.1 million in MATIC tokens (16.49 million MATIC) to Binance, the world’s largest crypto exchange, over the past five days. The wallet still holds a substantial 13 million MATIC. As per...

Polygon (MATIC) is currently experiencing a notable bullish momentum. Over the past 24 hours, MATIC’s price has surged by 12.44%, reaching $0.5309. This substantial increase reflects a broader positive trend in the market for Polygon. Let us look at the recent price action, trading volume, support a...

Polygon (MATIC) stands as one of the top performers in today’s crypto market, ranking third among the top-100 cryptocurrencies by market cap as of August 21. With a gain of 9% within the last 24 hours, the MATIC price recent surge is outpaced only by the Justin Sun associated crypto assets, TRON (+1...

Polygon’s native token, MATIC, has taken a steep dive, plummeting 70% in just five months. The recent crypto market volatility, coupled with a massive 30 million MATIC transfer from Binance to an unknown wallet, has only added to the downward pressure. While technical analysis sees a possible short-...

Investing in projects with a small circulating supply but a high fully diluted valuation (FDV) can be a double-edged sword as per Token Unlocks data. These projects often have significant market potential but come with risks that require careful consideration. In the Decentralized Exchanges (DEXes) ...

Polygon (MATIC) recently broke below the crucial support level at $0.5 and is at risk of further price declines. This price drop is thanks to several traders who offloaded their tokens as soon as Polygon reached this support level amid the downtrend in the broader crypto market. Polygon Faces Signif...