Polygon is up 12% just last 24 hours and up 24% the last week with total marketcap of $10.8 billion. This is the most gains for any coin on the coinmarketcap top 10.
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize
Wasn't Bitcoin's "pump" to $24k, the cause of MATIC's increase in market price? Every other altcoin seems to be in the "green zone" after BTC reached $24k. Besides, MATIC is still far from the predicted price of $20 per coin. Unless the Polygon chain gets the attention of big investors and traders alike, don't count its native cryptocurrency reaching the "double digits" anytime soon.
At least, Polygon is alive and healthy as ever. Fees are dirt cheap, while transactions are blazing-fast. It's a much better alternative than centralized chains such as BNB or Solana. Considering that some companies have launched NFTs on the Polygon chain, demand for the cryptocurrency will remain high for quite some time. The sky is the limit to how far MATIC will go. As long as it stays decentralized, there should be nothing to worry about. Just my thoughts
