![Did Donald make Polygon [MATIC] triumph over other cryptocurrencies?](https://i.headtopics.com/images/2022/12/16/cryptoamb/did-donald-make-polygon-matic-triumph-over-other-c-did-donald-make-polygon-matic-triumph-over-other-c-1603775206257999873.webp)
Polygon outperformed other major protocols in terms of daily active users. It witnessed a spike in NFT activity as well, which could be attributed to the launch of an NFT collection by Donald Trump. New data by Token Terminal revealed that the number of daily active users on Polygon’s [MATIC] network grew rapidly over the […]
Despite these developments, Polygon’s price action saw little movement in either direction.
The price for Polygon plummeted by 39% from 7 – 21 November. After this, the price tested the $0.95 resistance and continued to fluctuate within the $0.87 and the $0.95 range. The high CMF of 0.10 indicated a positive outlook for MATIC. However, the declining revenue hinted that the momentum was still with the buyers at the time of writing.One factor that could regenerate interest in Polygon and could help MATIC’s prices could be Polygon’s activities in the NFT sector.that the former president of the USA, Donald Trump, launched his NFT collection on the Polygon network. This development could bring more attention to the Layer-2 solution.
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