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. Exploring the reasons The Ethereum scaling platform, Polygon, once known […]
, 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 theThe MVRV ratio stood at the highest number in the last nine months, indeed bringing much-needed relief to the community.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.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WAX, Hive, BNB Smart Chain – The why of how GameFi is still afloatBlockchain investments have been sporadic, but GameFi is one sector that is continuing to grow. This, despite the wider market’s collapse. Even though a majority of the investors are focused on the most recent crises surrounding centralized finance (CeFi) and decentralized finance (DeFi), the blockchain gaming business has subtly weathered the storm better than other […]
Read more »
Bitcoin faces greater downside risk than Ethereum- Here’s whyThe entire cryptocurrency market has been registering selling pressure while the discovery of the ‘bottom’ continues. Amid the bearish price action, more than 62,000 traders were liquidated in the last 24 hours of 13 July as per data from CoinGlass. Additionally, over $180 million was liquidated over the same period. Battle of the bears The […]
Read more »
Why Polkadot has potential to rebound from this defending levelPolkadot [DOT] continued its downward movement below its four-month trendline resistance (yellow, dashed). The current structure found immediate grounds in the $6.45-zone. A rebound from its long-term support can position the alt for near-term revival. While the long-term tendencies played out in favor of the sellers, DOT needed to topple the 20 EMA (red) to […]
Read more »
EXPLAINER: Why Iran cracks down at home, cozies up to MoscowBacked into a corner by the West, Iran is ramping up uranium enrichment, clamping down on dissent and deepening ties with Russia in a challenge to the U.S. and Europe.
Read more »
Dwayne Johnson Shares Why He Turned Down Hosting The EmmysDwayne Johnson turned down an offer to host the 2022 Emmy Awards. ET's Rachel Smith spoke to the 50-year-old 'DC League of Super-Pets' star on Wednesday, and he revealed why he had to pass on hosting the upcoming awards show. 'It was just schedule. I was really, truly honoUred when they came to me and asked, but…
Read more »
CRTC demands details on 'how' and 'why' behind Rogers outageThe statement said the CRTC would \u0027determine what additional measures need to be taken\u0027 once it receives a satisfactory response from Rogers
Read more »