The entire cryptocurrency market seems to be recovering at a slow pace after an immense sell-off period. MATIC has been one of those coins which have successfully made its investors happy over the past few days. The altcoin has seen unprecedented gains coming its way.
Nedenleri keşfetmek
The Ethereum scaling platform, Çokgen, once known as the Matic Network, at press time, was up by more than 17% over the last seven days. Moreover, at the time of writing, it surged above the $0.64 mark as the kripto sonra hafif bir pompanın tadını çıkardı TÜFE data came to the fore.
The MVRV ratio stood at the highest number in the last nine months, indeed bringing much-needed relief to the community.
Kaynak: Santiment
Bununla birlikte, Poligon [MATIC] has been on a downtrend since late January. The altcoin posted a loss of nearly 80% from April to mid-June.
Nonetheless, the token is witnessing demand of late. Traders/investors are back on the network to either buy more tokens from exchanges or swap other assets for MATIC.
Kaynak: Santiment
The falling supply on exchanges and the prices have çevrimiçi kurslar düzenliyorlar. a bullish environment for Polygon to successfully attract new investors towards it. In the same duration, more than 10ok new investors have joined the network, which has impacted the average balance present at each address.
Disney fairytale
The question still remains- What really triggered the rise of MATIC?
Well, the world-renowned organization Walt Disney davet the Polygon Network (MATIC) to its 2022 Accelerator Program. This year’s Disney Accelerator class focuses ‘on building the future of immersive experiences and specializes in technologies such as augmented reality (AR), non-fungible tokens (NFTs), and artificial intelligence (AI) characters.’
Polygon CEO ryan watt shared this development via a tweet posted on 14 July.
Vuruşlar gelmeye devam ediyor!@ 0xPolygon davet edildi @Disneyprestijli Hızlandırıcı programı.
Seçilen tek blockchain bizdik.
Burada yapılan işler ve şirket olarak nereye gittiğimiz hakkında çok şey anlatıyor.
“It’s kind of fun to do the impossible.” – Walt Disney https://t.co/grpPIFz5Tg pic.twitter.com/2NOedF5pUE
- Ryan Wyatt (@Fwiz) Tarafindan Çekilen En Yeni Fotograflari Incele Temmuz 13, 2022
He opined that the selection “speaks volumes to the work being done [at Polygon], and where we’re going as a company.” This indeed helped MATIC record a much-needed surge as mentioned above. However, caution şart be maintained as,
"average traders are +28% on $ MATİC in the past 30 days, which is the highest level since October. A cooldown may be required.”
Source: https://ambcrypto.com/why-matic-is-siding-with-bulls-to-register-disney-gains/