Openfort, a crypto infrastructure company, announced on Monday to successfully generated $3 million in a seed funding round. The company plans to redirect the resources to create a “wallet-as-a-service” product designed for Web3 gaming. In its advanced announcement, Openfort revealed that Gumi…
QuickSwap is a decentralized exchange (DEX) built on the Ethereum sidechain Polychain, letting users swap ERC-20 tokens. The platform was founded in 2020 by Sameep Singhania. It promotes decentralization principles by ensuring permissionless and trustless crypto trading. QuickSwap provides liquidity pools for…
On-chain data reveals that over 28,500 addresses have gathered about 4.10 billion MATIC tokens within the price range of $0.99 to $1.08 per token. This accumulation, which, according to the sources, has reinforced the support level of the cryptocurrency, suggests that investors…
y00ts is finally migrating to Polygon, and early data shows the NFT holders are supporting that move. As of this writing, over 80% of the NFTs have already migrated to their new home from Solana. Web3 startup DeLabs is the creator of…
As the adoption of blockchain technology continues to increase, scalability remains a critical concern for blockchain networks. Blockchain infrastructure has yet to be designed to handle the high volume of transactions required for mainstream adoption. This has resulted in slow transaction processing…
Key Insights: Bearish momentum dominates as MATIC falls below support levels. High volatility and uncertainty in the MATIC market lead to significant price movements. RSI suggests oversold MATIC token may offer a potential buying opportunity. Despite a bullish start, Polygon’s (MATIC)…
The story of Flow is one of tragedy and bad fortune. The token is doing quite poorly, with not a single good week since its release on multiple exchanges about a year ago. Even during a massive market-wide bull run, the token…
Polkadot has maintained upsides this week as the broad crypto market switched to bullish tides. The improved market sentiments saw DOT recoding double-digit upticks. Many believe the Merge news triggered the sentiment shift, but Polkadot’s DOT has its reasons. Ecosystem developments appear…
MATIC gained over 13% during the weekend. Meanwhile, Fantom has retraced approximately 4.4%. The alts seem to progress in opposite directions. Fantom and Polygon seem to gain traction for considerable price movements. Fantom’s FTM and Polygon’s MATIC have revealed negative correlations during…
In the past 24-hours, almost every major cryptocurrency has experienced a slight positive push with investments from the investors’ end at lower levels. This is when the investors have started looking at the performance reports of several major cryptocurrencies and Polygon (MATIC)…
MATIC price seems ready for a 36% climb in the current cycle. The ETH scaling solution achieved another milestone, powering 7,000 dApps on its network. The $3.9B in staked MATIC keeps the network stable and secure. Polygon (MATIC) lost more than 10%…
MATIC price prepares for a massive surge towards new ATH. The prevailing chart formation predicts a 21% upside move. Slicing past $2.43 would authorize the primary technical pattern and trigger the optimistic aim. Polygon (MATIC) appears ready for a massive upward move…
Polygon (MATIC), a layer 2 (L2) scaling answer for Ethereum (ETH), will keep on zeroing in on zero-information (ZK) advances as the group accepts it is “a definitive sacred goal for blockchain scaling,” Polygon’s Co-author and Chief Operations Officer (COO) Sandeep Nailwal…
November session has most digital token dipping to hit multi-week barriers. However, bulls secured the level and tried to trigger price upturns. As a result, alternative coins such as MATIC and ADA recorded gains over the last 24 hours. Furthermore, MATIC cracked…
MATIC’s resilience around the 61.8% FIB zone seems to bear fruits. The altcoin appears on a clear path to rally towards $1.34 after it traversed past its bearish formation. With that, the asset can rise to touch its swing high on 5…
Briefly – Polygon has registered attractive moves since the start of this year. The token claimed its position among the top 20 cryptos after attaining its ATH in May at $2.68. With tech improvements, the network excites its community as it explores…
