Cryptocurrency News
In a surprising development, Ethereum layer-2 Polygon experienced an exceptional surge in gas fees, soaring more than 1,000% to a pinnacle of $0.10. This surge was set off by a massive influx of users minting POLS tokens, inspired by Ordinals, indicating a substantial increase in transaction action on the network. […]
Matic’s price continued to increase since it bounced off the $0.50 level weeks back. The trend currently looks bullish in the short term as it shows no signs of weakness. More positive actions should be expected! Following a slight pullback near a broken resistance line last month, Matic found support […]
Matic saw a weekly 20% increase following a solid rebound off a key level in the past week. It encountered resistance yesterday and retraced slightly. It is currently looking for nearby support to resume bullish. After breaking out of an 8-month resistance line to $0.60 a few weeks ago, Matic […]
Amidst the latest positive actions in the overall crypto market, Matic followed the pattern and increased by 12% in a week following a slight break through a crucial descending trendline. More buying could take place if volatility is enhanced. After marking the highest price level at $1.5 earlier this year, […]
In a notable turn of events, a substantial amount of 37 million MATIC tokens, the native cryptocurrency of the Polygon Network, was transferred from a whale Proof-of-Stake (PoS) address to a three-year-old wallet. This transaction took place against the backdrop of a relatively mild 4% price increase for MATIC, which […]
Polygon (MATIC) slightly resumed bearish after cracking multiple support levels over the past few days. It currently lost 2.5% as selling pressure underways. The $0.9 level might be the next stopover. After much pressure is applied at the $1 psychological support level for days, Matic’s bears finally won the battle […]
While many top altcoins witnessed an early upsurge this week, Polygon‘s MATIC remained calm with no sign of recovery. The price later picked up following a 1% increase over the past hours. It may reclaim the previous high if buying volume increases by the day. The price of MATIC is […]
Polygon‘s MATIC price decreased by almost 2% today following a steady drop in volatility across the crypto market. The price looks weak this week as it slowly build-up bearish actions towards a critical support level. Since the price retraced from $1.56 to $0.95 in the past months, Matic finds it […]
The price of Polygon‘s Matic token has continued to remain in a broadening wedge despite the ongoing decline. It currently trades near the wedge’s lower boundary, where a potential buyback could take place. Following sell actions from the upper boundary of the wedge, Matic has shed a lot of losses […]
Polygon‘s MATIC lost momentum in the past month after posting several gains for six weeks. The price looks weak as it is yet to find a solid level for recovery. Aside from the early year increase, which saw the price to a multi-month high in February, MATIC has returned over […]
With several projects being built on the network, Polygon is a layer-two (L2) blockchain for Ethereum that makes use of various scaling mechanisms to increase the scalability of the Ethereum mainnet. Polygon Ecosystem Tokens has a total market capitalization of $30,832,533,735 and a total trading volume of $5,183,888,870 in the […]
After months of recovery, Polygon’s price increased by 100% this year to test the April 2022 breakdown level. It rejected that level yesterday and slipped slowly – now looking for solid support. Last week saw MATIC through its first major correction of the month after marking a 9-month resistance at […]
Defying all odds, Polygon – MATIC’s performance has been so impressive since the start of the year as it recovered nicely with over 30% gains. The bulls are back and looking for more levels to tap. Once again, Matic bounced above a crucial demand zone and increased consistently for two […]
Matic failed to reclaim the key resistance level due to the latest drops. The price is down and now charging back at a six-month demand zone. This zone may collapse if the asset fails to show strength in the coming days. The 2022 bear market has sent many altcoins to […]
The 11% growth in MATIC’s price has again positioned the market bullish over the past week. As a result, the $0.7 level keeps getting stronger as the price increases. Polygon resumes a positive move following the increase in the entire crypto market over the past 24 hours. The price is […]
After MATIC skyrocketed to $1.3 this month, it rolled back near a demand zone and bounced back to $0.1.16. The price fell to a low of $0.765 this week and recovered again to $0.89. It’s down by 1.1% over the past 24 hours. The recent positive sentiment around MATIC is […]
Kommunitas is a Polygon-based decentralized, tier-less crypto launchpad that connects the entire world to the most significant blockchain and cryptocurrency projects described by the website. The answer for multi-chain projects is what Kommunitas provides. We will dive further into a few of Kommunitas’s favorite projects from many blockchains today, including […]
Ethereum’s price continues to rally this week, rising by over 52% in the past seven days, up over 3% in the past 24 hours. ETH recently surpassed the $1,600 level, currently testing it as newfound support as the global cryptocurrency market surges past $1.07 trillion in market capitalization. Ethereum is […]